ICICI Prudential Banking and Financial Services Institutional Plan I-Growth

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Value Research Rating

Unrated

Our Opinion

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Riskometer

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Very High

₹10.0000

As on 07-Aug-2008

Returns

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Calculate SIP Returns of ICICI Prudential Banking and Financial Services Institutional Plan I-Growth

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk

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This fund has Very High risk.

Low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of ICICI Prudential Banking and Financial Services Institutional Plan I-Growth

Asset Allocation

Split between different types of investments

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Market Cap Weightage

Split between categories of Equity investments

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We have shifted from our proprietary CapRank classification system to SEBI’s market cap classification system with effect from 14 Jan, 2026.

Other details of ICICI Prudential Banking and Financial Services Institutional Plan I-Growth

Assets

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₹10,886 Cr

Exit Load (Days)

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--

Min. Investment (₹)

1,00,00,000

Min. Withdrawal (₹)

500

Min. SIP Investment (₹)

1,000

Min. No of Cheques

6

About ICICI Prudential Banking and Financial Services Institutional Plan I-Growth

ICICI Prudential Banking and Financial Services Institutional Plan I-Growth is a equity mutual fund scheme of ICICI Prudential Mutual Fund. Launched on August 22, 2008, it is currently managed by . The fund has an expense ratio of 2.43% with an overall AUM (Assets Under Management) of ₹10,886 Cr.

ICICI Prudential Banking and Financial Services Fund - Institutional I is mandated to invest at least 80 per cent of its assets in the shares of banks and financial services companies. The fund allows minimum lumpsum investment of ₹10,000 and minimum SIP of ₹1,000.

Suitability

Nobody should invest in Banking funds in our opinion, because:

  • They have a narrow focus on only financial services companies
  • Instead, diversified equity funds which invest across sectors are better

If you still choose to invest:

  • Invest only through SIP
  • Have a 7+ year investment horizon
  • Be prepared to withstand interim sharp declines in investment value
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FAQ for ICICI Prudential Banking and Financial Services Institutional Plan I-Growth

Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of ICICI Prudential Banking and Financial Services Institutional Plan I-Growth through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, ICICI Prudential Banking and Financial Services Institutional Plan I-Growth can be bought from the ICICI Prudential Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.

The latest declared NAV of ICICI Prudential Banking and Financial Services Institutional Plan I-Growth, is ₹10.0000 as of 05-Apr-2026.

Over the past five years, ICICI Prudential Banking and Financial Services Institutional Plan I-Growth has delivered an annualised return of --% as of 05-Apr-2026.

The minimum investment required to start investing in ICICI Prudential Banking and Financial Services Institutional Plan I-Growth is ₹1,00,00,000 for the lump sum option and ₹1,000 for the SIP (Systematic Investment Plan) option.