VR Logo

Unrated

ICICI Prudential Private Banks ETF


1 Lakh

Investment Grown to
₹ 1.63 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.48 Lakh

Suitability:

This is a fund that invests mainly in shares of banks and financial services companies.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in multi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other banking sector fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -0.92 -0.36 -1.70 -8.30 -3.10 31.15 63.40 -- -- -- --
S&P BSE Bankex TRI 1.11 -0.51 -1.31 -7.48 -0.69 36.01 63.68 -- -- -- --
Equity: Sectoral-Banking 3.03 -0.21 -1.79 -7.46 -0.36 35.47 61.61 -- -- -- --
Rank within category 28 15 23 26 28 20 12 -- -- -- --
Number of funds in category 28 28 28 28 28 25 23 17 17 11 8

As on 16-Apr-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Private Banks ETF  | Invest Now
Unrated
Aug-19 63.40 -- -- 0.16 1,820
SBI Banking & Financial Services Fund - Regular Plan  | Invest Online
5 star
Feb-15 63.10 11.24 18.51 2.33 2,371
Tata Banking and Financial Services Fund - Regular Plan  | Invest Online
4 star
Dec-15 56.57 9.93 17.29 2.57 660
Nippon India ETF Bank BeES  | Invest Online
Unrated
May-04 64.50 7.72 14.39 0.18 8,257
Kotak Banking ETF Fund Regular  | Invest Online
Unrated
Dec-14 64.20 7.65 14.42 0.18 7,278

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 18.51 26-May-2020 - 02-Jun-2020 -28.68 16-Mar-2020 - 23-Mar-2020
Month 29.73 22-May-2020 - 23-Jun-2020 -47.63 20-Feb-2020 - 23-Mar-2020
Quarter 49.03 24-Sep-2020 - 24-Dec-2020 -50.39 23-Dec-2019 - 23-Mar-2020
Year 103.36 23-Mar-2020 - 23-Mar-2021 -33.25 25-Sep-2019 - 24-Sep-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE Bankex TRI* 16.96 33.51 0.37 0.44 -- --
Equity: Sectoral-Banking* 13.21 34.01 0.28 0.31 0.97 -3.40
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-Mar-2021

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 10
Top 10 Stocks (%) 99.98
Top 5 Stocks (%) 85.90
Top 3 Sectors (%) 99.98
Portfolio P/B Ratio 3.00
Portfolio P/E Ratio 31.58

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,57,115 2,37,647
Giant (%) 76.35 75.14
Large (%) 13.65 8.82
Mid (%) 10.00 13.30
Small (%) -- 6.30
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up HDFC Bank Financial 25.67 31.36 24.05 26.30
up ICICI Bank Financial 26.57 21.91 19.38 21.91
down Axis Bank Financial 68.55 17.82 13.62 14.13
up Kotak Mahindra Bank Financial 37.60 17.50 13.40 13.99
up Indusind Bank Financial 28.86 13.67 6.24 9.56
up Bandhan Bank Financial 19.83 4.82 0.00 4.08
up Yes Bank Financial -- 3.56 0.00 3.56
up Federal Bank Financial 10.35 2.90 2.31 2.70
up IDFC First Bank Financial 78.62 2.19 1.05 2.09
up RBL Bank Financial 19.75 2.45 1.63 1.65

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Mar-2021

Fund Manager

— Kayzad Eghlim since 01-Aug-2019

Education: Mr. Eghlim is a B.Com (H) and M Com.

Experience: Prior to joining ICICI Prudential AMC he has worked with IDFC Investment Advisors Ltd., Prime Securities and Canara Robeco Mutual Fund.

Funds Managed:

— Nishit Patel since 16-Jan-2021

Education: Mr. Patel is a B.Com & Chartered Accountant

Experience: ICICI Prudential Asset Management Company Limited - ETF Business - November 2018 - January 2020.

Funds Managed:


-0.36%

Change from previous, NAV as on 16-Apr-2021

Growth: ₹ 168.3700


Investment Strategy

The scheme seeks to provide returns before expenses that closely correspond to the total return of the underlying index subject to tracking errors.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) --
Minimum SIP Investment (₹) --
Minimum No of Cheques --
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 09-Aug-2019
Return Since Launch: 5.12%
Benchmark: Nifty Private Bank TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,820 Cr (As on 31-Mar-2021)
Expense: 0.16% (As on 28-Feb-2021)
Risk Grade: --
Return Grade: --
Turnover: 95.00%

Contact Information

AMC: ICICI Prudential Asset Management Company Ltd

Address: One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai - 400051

Phone: 022-26525000 / 1800-222-999 / 1800-200-6666

Fax: 022-26528100

Email: [email protected]

Website: http://www.icicipruamc.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Upcoming Video

Investors' Hangout

How to optimise returns with measured risk

DateFriday, 23-Apr-2021
Time12:30 PM - 01:00 PM