ICICI Prudential Banking and Financial Services Fund - Growth

67.25

( NAV change from the previous, NAV as on 11/11/2019 )

Launch Date

2008-08-22 00:00:00.0

AUM

NA
(as on date NA)

Benchmark

NIFTY Financial Services TRI

Fund Manager

Mr. Roshan Chutkey

Risk: High

ICICI Prudential Banking and Financial Services Fund Overviews

ICICI Prudential Banking and Financial Services Fund is an open-ended equity scheme under ICICI Prudential Mutual Fund. ICICI Prudential Banking and Financial Services Fund invests in equity securities under the banking and financial sectors. Investment objective of this ICICI Prudential Banking and Financial Services Fund is to yield reasonable return and generate long-term capital creation. ICICI Prudential Banking and Financial Services Fund is managed by Mr. Roshan Chutkey. You can invest in both ICICI Prudential Banking and Financial Services Fund Growth and ICICI Prudential Banking and Financial Services Fund Dividend but it is advisable to invest in ICICI Prudential Banking and Financial Services Fund Growth so you can earn more return. Before you invest in this fund you must check the ICICI Prudential Banking and Financial Services Fund portfolio, this fund has given good return over the years. The ICICI Prudential Banking and Financial Services Fund was launched on 22nd August 2008 with a benchmark of NIFTY Financial Services TRI. If you go for ICICI Prudential Banking and Financial Services Fund invest online you also can check the NAV of ICICI Prudential Banking and Financial Services Fund. The minimum ICICI Prudential Banking and Financial Services Fund SIP amount is Rs. 100 which is very low, so if you are planning for ICICI Prudential Banking and Financial Services Fund invest online start it right now. The minimum lump sum investment for ICICI Prudential Banking and Financial Services Fund is Rs. 5000 only.

ICICI Prudential Banking and Financial Services Fund Eligibility Criteria

  • Individual should be an Indian Citizen
  • Minor through parent/lawful guardian
  • Foreign Institutional Investors
  • Financial Institutions and Investment Institutions
  • Non-resident Indians/Persons of Indian origin residing abroad
  • Association of Persons
  • Partner(s) of Partnership Firms.
  • Societies
  • Karta of Hindu Undivided Family
  • Companies
  • Trusts

Documents Required to invest in ICICI Prudential Banking and Financial Services Fund

Along with the KYC application of the applicant, following are the essential documents for investing in ICICI Prudential Banking and Financial Services Fund -

  • PAN Card
  • ID Proof- AADHAR Card, Voter ID Card.
  • Residential Proof
  • Passport size Photographs
  • Duly filled application form
  • KYC Acknowledgement
  • Declaration of 3rd party (for minors)

Advantages of ICICI Prudential Banking and Financial Services Fund

  • Transparency

    Investors are given the clear picture of where their money is being invested. Transparency in the whole ICICI Prudential Banking and Financial Services Fund investment process is maintained.

  • Professional Management of Funds

    Professional Money Managers decides ICICI Prudential Banking and Financial Services Fund Investments after market research and economic trends.

  • Liquidity

    Investment in this Mutual Fund ensure liquidity. Investors can redeem on demand depending on the markets.

  • Risk Diversified

    ICICI Prudential Banking and Financial Services Fund investment has low risk level as the portfolio of this fund is diversified.

  • Tax Benefit

    Dividends from Mutual Fund are tax-free. Capital Gain from ICICI Prudential Banking and Financial Services Fund is considered as long-term capital appreciation and is tax-free.

  • Unlimited investment option

    ICICI Prudential Banking and Financial Services Fund provide its customers with different investment option depending on their investment objective.

  • Govt. regulated investment

    We all know that this fund is under the regulation of Securities and Exchange Board of India (SEBI). So, there is no chance of forgery.

  • Small investment option

    With the help of this scheme, you can invest a huge amount as well as small amount as per your capability.

  • Easy Tracking

    You can keep an easy access to your investment process and its whereabouts. You can check the NAV details and the price of the market stock in no time.

  • Fund switched facility

    You can anytime switch your investment from one fund to other fund as per your wish.

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