ICICI Prudential Banking and Financial Services Direct Growth
EquitySector - Financial ServicesVery High Risk
Direct
NAV (21-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹8,850 Cr
Expense Ratio
1.02%
ISIN
INF109K013J1
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹133.57, Assets Under Management (AUM) of 8850.47 Crores, and an expense ratio of 1.02%.
- ICICI Prudential Banking and Financial Services Direct Growth has given a CAGR return of 15.89% since inception.
- The fund's asset allocation comprises around 95.43% in equities, 0.00% in debts, and 4.57% in cash & cash equivalents.
- You can start investing in ICICI Prudential Banking and Financial Services Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+20.18%
+16.56% (Cat Avg.)
3 Years
+12.24%
+13.37% (Cat Avg.)
5 Years
+12.89%
+12.64% (Cat Avg.)
10 Years
+14.09%
+11.20% (Cat Avg.)
Since Inception
+15.89%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹8,446.26 Cr | 95.43% |
| Others | ₹404.21 Cr | 4.57% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹1,959.03 Cr | 22.13% |
| ICICI Bank Ltd | Equity | ₹1,667.84 Cr | 18.84% |
| Axis Bank Ltd | Equity | ₹529.86 Cr | 5.99% |
| Kotak Mahindra Bank Ltd | Equity | ₹509.11 Cr | 5.75% |
| Bajaj Finance Ltd | Equity | ₹431.12 Cr | 4.87% |
| SBI Life Insurance Co Ltd | Equity | ₹413.3 Cr | 4.67% |
| IndusInd Bank Ltd | Equity | ₹391.09 Cr | 4.42% |
| State Bank of India | Equity | ₹387.91 Cr | 4.38% |
| HDFC Life Insurance Co Ltd | Equity | ₹364.82 Cr | 4.12% |
| Treps | Cash - Repurchase Agreement | ₹299.47 Cr | 3.38% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹219.94 Cr | 2.49% |
| Max Financial Services Ltd | Equity | ₹219.2 Cr | 2.48% |
| Star Health and Allied Insurance Co Ltd | Equity | ₹158.27 Cr | 1.79% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹113.04 Cr | 1.28% |
| Muthoot Finance Ltd | Equity | ₹113.01 Cr | 1.28% |
| Indian Energy Exchange Ltd | Equity | ₹100.48 Cr | 1.14% |
| Anand Rathi Wealth Ltd | Equity | ₹92.88 Cr | 1.05% |
| Bajaj Housing Finance Ltd | Equity | ₹76.63 Cr | 0.87% |
| The Federal Bank Ltd | Equity | ₹72.31 Cr | 0.82% |
| Karur Vysya Bank Ltd | Equity | ₹59.96 Cr | 0.68% |
| CSB Bank Ltd Ordinary Shares | Equity | ₹56.64 Cr | 0.64% |
| Power Finance Corp Ltd | Equity | ₹56.11 Cr | 0.63% |
| Equitas Small Finance Bank Ltd Ordinary Shares | Equity | ₹53.99 Cr | 0.61% |
| SBFC Finance Ltd | Equity | ₹53.75 Cr | 0.61% |
| Go Digit General Insurance Ltd | Equity | ₹51.11 Cr | 0.58% |
| Bank of Baroda | Equity | ₹48.01 Cr | 0.54% |
| Net Current Assets | Cash | ₹45.44 Cr | 0.51% |
| 360 One Wam Ltd Ordinary Shares | Equity | ₹42.33 Cr | 0.48% |
| Can Fin Homes Ltd | Equity | ₹32.74 Cr | 0.37% |
| 91 Days Tbill | Bond - Gov't/Treasury | ₹29.6 Cr | 0.33% |
| Fusion Finance Ltd | Equity | ₹29.51 Cr | 0.33% |
| Karnataka Bank Ltd | Equity | ₹27.7 Cr | 0.31% |
| Punjab National Bank | Equity | ₹26.9 Cr | 0.30% |
| Indian Bank | Equity | ₹23.2 Cr | 0.26% |
| 182 DTB 09012025 | Bond - Gov't/Treasury | ₹19.76 Cr | 0.22% |
| CMS Info Systems Ltd | Equity | ₹16.96 Cr | 0.19% |
| Zaggle Prepaid Ocean Services Ltd | Equity | ₹16.43 Cr | 0.19% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹15.89 Cr | 0.18% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹15.21 Cr | 0.17% |
| Cash Margin - Derivatives | Cash - Collateral | ₹9.94 Cr | 0.11% |
Allocation By Market Cap (Equity)
Large Cap Stocks
76.66%
Mid Cap Stocks
11.13%
Small Cap Stocks
6.77%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹8,412.87 Cr | 95.06% |
| Industrials | ₹16.96 Cr | 0.19% |
| Technology | ₹16.43 Cr | 0.19% |
Risk & Performance Ratios
Standard Deviation
This fund
14.19%
Cat. avg.
16.63%
Lower the better
Sharpe Ratio
This fund
0.50
Cat. avg.
0.45
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.79
Higher the better
Fund Managers
Roshan Chutkey
Since January 2018
Sharmila D’mello
Since June 2022
Additional Scheme Detailsas of 31st October 2024
ISIN INF109K013J1 | Expense Ratio 1.02% | Exit Load 1.00% | Fund Size ₹8,850 Cr | Age 11 years 10 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty Financial Services TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Sector - Financial Services Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata Nifty Private Bank ETF Very High Risk | 0.1% | - | ₹10.92 Cr | 9.7% |
| Aditya Birla Sun Life Nifty Financial Services ETF Very High Risk | - | - | - | - |
| Nippon India ETF Nifty PSU Bank BeES Very High Risk | 0.5% | - | ₹2481.67 Cr | 25.4% |
| Kotak Nifty PSU Bank ETF Very High Risk | 0.5% | - | ₹1396.39 Cr | 25.4% |
| HDFC Nifty Bank ETF Very High Risk | 0.2% | - | ₹2818.24 Cr | 16.1% |
| ICICI Prudential Nifty Private Banks ETF Very High Risk | 0.1% | - | ₹1911.12 Cr | 14.1% |
| Axis NIFTY Bank ETF Very High Risk | 0.2% | - | ₹239.75 Cr | 16.0% |
| ICICI Prudential Banking and Financial Services Regular Growth Very High Risk | 1.8% | 1.0% | ₹8850.47 Cr | 19.2% |
| UTI Banking and Financial Services Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1159.45 Cr | 20.8% |
| Nippon India Banking & Financial Services Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹6237.85 Cr | 18.9% |
About the AMC
ICICI Prudential Mutual Fund
Total AUM
₹8,99,267 Cr
Address
3rd Floor, Hallmark Business Plaza, Mumbai, 400 051
Other Funds by ICICI Prudential Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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- Roshan Chutkey
- Sharmila D’mello
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