May 31, 2025
RA Jainee
ICICI Prudential Banking and Financial Services Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth : Rs 149.5600
NAV IDCW: Rs 74.2500
Suitable For Which Investors?
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 flexi-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.
Fund’s Investment Strategy:
The scheme seeks to maximize long term capital gains by investing in equity and equity related securities of banking, financial and non-banking financial companies that form a part of Banking and Financial Services Industry. A large share of the assets of the scheme will be invested in the stocks comprising the benchmark, BSE Bankex Index.
Fund Manager:
1) Roshan Chutkey
Education: Roshan Chutkey did his engineering from IIT Madras, MBA from IIM Lucknow and has a Masters in Finance degree from London Business School.
Experience: He is associated with ICICI Prudential AMC from February 2015 and has 12 years of overall experience in the industry.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 15 days |
Basic Details of ICICI Prudential Banking and Financial Services Fund
| Fund House | ICICI Prudential Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 16.12% |
| Benchmark | NIFTY Financial Services TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 9,375 Cr |
| (As on 30-Apr-2025) | |
| Expense | 1.01% |
| (As on 30-Apr-2025) | |
| Risk Grade | Below Average |
| Return Grade | Average |
| Turnover | 58.00% |
Trailing Returns (%) of ICICI Prudential Banking and Financial Services Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ICICI Pru Banking & Financial Services Dir | 11.46 | 0.14 | 2.40 | 15.13 | 9.45 | 21.91 | 19.86 | 27.11 | 12.95 | 14.59 |
| BSE Bankex TRI | 9.69 | 0.21 | 1.14 | 15.47 | 6.81 | 13.96 | 16.47 | 24.06 | 11.79 | 12.04 |
| Equity: Sectoral-Banking | 9.76 | 0.35 | 3.01 | 16.64 | 8.01 | 17.96 | 20.74 | 26.14 | 13.48 | 13.68 |
| Rank within category | 6 | 26 | 21 | 32 | 7 | 5 | 11 | 5 | 7 | 5 |
| Number of funds in category | 33 | 37 | 37 | 34 | 33 | 28 | 17 | 12 | 11 | 10 |
Peer Comparison of ICICI Prudential Banking and Financial Services Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| ICICI Pru Banking & Financial Services Dir | 3 star | 21.91 | 19.86 | 27.11 | 1.01 | 9,375 | 16.12 | 1.00 (15) | 12Y 4M | 58.00 |
| SBI Banking & Financial Services Dir | 4 star | 20.24 | 22.56 | 26.46 | 0.75 | 7,650 | 16.06 | 0.50 (30) | 10Y 3M | 127.00 |
| Nippon India Banking & Financial Srvices Dir | 4 star | 20.33 | 23.27 | 31.83 | 1.00 | 6,967 | 14.78 | 1.00 (30) | 12Y 4M | 20.00 |
| Sundaram Financial Services Opportunities Dir | 4 star | 14.22 | 24.69 | 28.39 | 0.79 | 1,524 | 14.60 | 0.50 (30) | 12Y 4M | 73.70 |
| Invesco India Financial Services Dir | 4 star | 20.19 | 25.32 | 27.20 | 0.87 | 1,308 | 16.43 | 1.00 (365) | 12Y 4M | 22.00 |
Portfolio Analysis of ICICI Prudential Banking and Financial Services Fund
| No. of Stocks | 36 |
| Top 10 Stocks | 74.98% |
| Top 5 Stocks | 58.35% |
| Top 3 Sectors | 89.04% |
| Portfolio P/B Ratio | 2.58 |
| Portfolio P/E Ratio | 17.81 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 3,14,526 | 3,56,604 |
| Giant (%) | 73.68 | 66.15 |
| Large (%) | 7.29 | 19.23 |
| Mid (%) | 15.83 | 15.51 |
| Small (%) | 3.19 | 4.97 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For ICICI Prudential Banking and Financial Services Fund
WILL Post Soon
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