ICICI Prudential Banking and Financial Services Institutional Plan I-Growth

Fund Card

Value Research Rating

Unrated

Our Opinion

Riskometer

Very High

₹10.0000

As on 07-Aug-2008

Returns

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

Upfront Investment

Monthly SIP Amount

Investment Duration

More Details about Returns

Risk

This fund has Very High risk.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

As per SEBI's Riskometer.

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

Asset Allocation

Market Cap Weightage

Portfolio Breakdown

Peer Comparison

Fund name	Risk		Base Expense Ratio (%)
SBI Banking & Financial Services Fund - Regular Plan Invest Online	Very High	loading...	1.50
Nippon India Banking & Financial Services Fund Invest Online	Very High	loading...	1.54
Invesco India Financial Services Fund - Regular Plan Invest Online	Very High	loading...	1.79
Sundaram Financial Services Opportunities Fund - Regular Plan	Very High	loading...	1.80
ICICI Prudential Banking and Financial Services Fund Invest Now	Very High	loading...	1.49

Detailed Comparison

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

Assets

₹10,643 Cr

Exit Load (Days)

Min. Investment (₹)

1,00,00,000

Min. Withdrawal (₹)

500

Min. SIP Investment (₹)

1,000

Min. No of Cheques

More Details

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 ₹10,643 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

Banking funds are suitable for investors:

Wanting a small, supporting exposure to the financial services sector
Aiming for long term wealth creation
With a 7+ year investment horizon, who can withstand the sharper swings of a concentrated portfolio

Note:

Most investors can skip these funds and stick to diversified equity funds instead
If you choose to invest, do so only through SIP

Latest news on ICICI Prudential Banking and Financial Services Institutional Plan I-Growth

ICICI Prudential Mutual Fund: Change in Exit Load

1 min read•By News Desk

Turnaround in Fortunes

1 min read•By Research Desk

Change in Fund Manager for ICICI Prudential Banking & Financial Services Fund

1 min read•By Value Research

ICICI Prudential MF announces change in fund managers

1 min read•By Value Research

All News

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FAQ for ICICI Prudential Banking and Financial Services Institutional Plan I-Growth

How to Invest in 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.