ICICI Prudential Banking and Financial Services Fund - Growth

ICICI Prudential Banking and Financial Services Fund - Growth is a scheme launched by ICICI Mutual Fund on August 22, 2008, and falls under the Banking & Financial fund category. It currently manages an AUM of Rs 9,687.68 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 1.82% for managing the portfolio.

• Investing Strategy:

  To generate long-term capital appreciation to unitholders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services.

• Performance:

  ICICI Prudential Banking and Financial Services Fund - Growth trailing returns over different times are 7.02% (1 year), 14.7% (3 year) and 21% (5 year). The average annual return of this fund stands at 10.51%.