ICICI Prudential Banking and PSU Debt Fund - Growth

29.7067

( NAV change from the previous, NAV as on 18/04/2024 )

Launch Date

2010-01-01 05:30:00.0

AUM

NA
(as on date NA)

Benchmark

CRISIL Banking and PSU Debt

Fund Manager

Chandni Gupta, Rahul Goswami

Risk: Moderate

ICICI Prudential Banking and PSU Debt Fund Overview

ICICI Prudential Banking and PSU Debt Fund is an open-ended debt scheme of ICICI Prudential Mutual Fund. The investment area of ICICI Prudential Banking and PSU Debt Fund is mainly inPublic Sector Undertakings, Banks, Public Financial Institutions and Municipal Bonds. The investment strategy of ICICI Prudential Banking and PSU Debt Fund helps to maintain the balance in safety, yield, and liquidity. The investment objective is to generate short term savings. ICICI Prudential Banking and PSU Debt Fund growth plan helps in earning a good amount of return.The fund managers of ICICI Prudential Banking and PSU Debt Fund are Chandni Gupta and Rahul Goswami. You can go for ICICI Prudential Banking and PSU Debt Fund apply online to have a hassle free investment experience.

Eligibility Criteria to invest in ICICI Prudential Banking and PSU Debt Fund

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

Documents Required to invest in ICICI Prudential Banking and PSU Debt Fund

Following are the essential documents for investing in ICICI Prudential Banking and PSU Debt Fund-

  • Duly filled application form
  • PAN Card
  • Residential Proof- Passport, Driving License, AADHAAR card
  • ID Proof- AADHAAR Card, Voter ID Card.
  • KYC Acknowledgment
  • Passport size Photographs
  • Declaration of 3rd party (for minors)

Advantages of ICICI Prudential Banking and PSU Debt Fund

  • Liquidity

    ICICI Prudential Banking and PSU Debt Fund offers huge liquidity. You can redeem your fund anytime whenever you want.

  • Transparency

    You are given a clear view of where you are their money is being invested. Transparency in the whole investment process of ICICI Prudential Banking and PSU Debt Fund is maintained.

  • Tax Benefit

    The investment in ICICI Prudential Banking and PSU Debt Fund are tax-free. You enjoy the tax benefit on ICICI Prudential Banking and PSU Debt Fund investments.

  • Professional Management of Funds

    Professional fund managers manage ICICI Prudential Banking and PSU Debt Fund investments after intensive market research.

  • Small investment option

    Under ICICI Prudential Banking and PSU Debt Fund, you can invest through SIP or lump-sum as per your ability.

  • Risk Diversified

    The investment in ICICI Prudential Banking and PSU Debt Fund is very much risk diversified.

  • Easy Tracking

    You can easily access ICICI Prudential Banking and PSU Debt Fund investment process and its whereabouts. You can anytime check the NAV and fund performance.

  • Govt. regulated investment

    ICICI Prudential Banking and PSU Debt Fund falls under the norms of Securities and Exchange Board of India (SEBI). So, there is no chance of any fraudulent case.

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