ICICI Prudential Banking and Financial Services Fund Direct Plan Rnvstmnt of Inc Dist cum Cap Wdrl

ICICI Prudential Banking and Financial Services Fund Direct Plan Rnvstmnt of Inc Dist cum Cap Wdrl

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Equity
Direct
Sector - Financial Services
NAV: ₹ 63.74 as on 23-02-2024
Fund Performance
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11 people have invested ₹ 32.5K in ICICI Prudential Banking and Financial Services Fund Direct Plan Rnvstmnt of Inc Dist cum Cap Wdrl in the last three months

About the ICICI Prudential Banking and Financial Services Fund Direct Plan Rnvstmnt of Inc Dist cum Cap Wdrl

ICICI Prudential Banking and Financial Services Fund Direct Plan Rnvstmnt of Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. ICICI Prudential Banking and Financial Services Fund Direct Plan Rnvstmnt of Inc Dist cum Cap Wdrl has ₹7322 Cr worth of assets under management (AUM) as on Jan 2024 and is more than category average.
  2. The fund has an expense ratio 1.

ICICI Prudential Banking and Financial Services Fund Direct Plan Rnvstmnt of Inc Dist cum Cap Wdrl Overview

Expense ratio
Expense ratio
1.02%
Benchmark
Benchmark
S&P BSE BANKEX INR
AUM
AUM
₹7322 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
50.25%

ICICI Prudential Banking and Financial Services Fund Direct Plan Rnvstmnt of Inc Dist cum Cap Wdrl Distribution as on (31-Jan-24)

  • Equity 96.4%

  • Debt & Cash 3.6%

Size breakup

Large cap
79.2%
Mid cap
8.9%
Small cap
7.6%
Sector Allocation

Jan'24

Dec'23

Nov'23

Financial Services
99.8%
Tech
0.2%

Top Holdings of ICICI Prudential Banking and Financial Services Fund Direct Plan Rnvstmnt of Inc Dist cum Cap Wdrl as on (31-Jan-24)

  • Equity

  • Debt & Cash

Equity Holdings32
Debt Holdings2

ICICI Prudential Banking and Financial Services Fund Direct Plan Rnvstmnt of Inc Dist cum Cap Wdrl: Monthly Changes Updates

All changes are between Nov'23 and Jan'24
Fund Performance
Jan'24
Dec'23
Nov'23
Fund Returns
-2.40%
5.34%
4.09%
Nifty 500
1.71%
7.25%
7.50%
  • This fund’s returns stands at -2.40% whereas the fund’s underlying benchmark Nifty 500 returns stands at 1.71% as on Jan'24
  • This fund underperformed Nifty 500 by 4.11% in Jan'24
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 7.3K Cr
₹ 7.4K Cr
₹ 7K Cr
  • AUM of the fund stands at 7.3K Cr as of Jan'24
  • AUM decreased by 124.4 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Gainers & Losers in ICICI Prudential Banking and Financial Services Fund Direct Plan Rnvstmnt of Inc Dist cum Cap Wdrl portfolio Returns for the month of Jan

ICICI Prudential Banking and Financial Services Fund Direct Plan Rnvstmnt of Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 13.74% since inception which is less than its category average return of 15.87%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.37% in Equity, 0% in Debt and 3.63% in Cash related instruments
AUM size ₹7322 Cr

AUM size ₹7322 Cr

This fund has AUM of ₹7322 Cr which is more than its category average of ₹ 1520 Cr
Expense Ratio 1.02%

Expense Ratio 1.02%

This fund has an expense ratio of 1.02% which is less than its category average expense ratio of 1.36%

Frequently Asked Questions

The current NAV of ICICI Prudential Banking and Financial Services Fund Direct Plan Rnvstmnt of Inc Dist cum Cap Wdrl is ₹63.74 as on 23-Feb-2024.
Existing (Absolute + CAGR) as on 23-Feb-2024.
ICICI Prudential Banking and Financial Services Fund Direct Plan Rnvstmnt of Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-5.01%
-5.01%
6 Month Returns
-0.38%
-0.38%
1 Year Returns
14.66%
14.66%
3 Years Returns
22.32%
6.95%
5 Years Returns
58.68%
9.67%
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1.02% as on January 2024
₹7322 Cr as on January 2024
HDFC Bank Ltd(20.18%), ICICI Bank Ltd(18.51%), State Bank of India(8.34%), Kotak Mahindra Bank Ltd(6.96%), Axis Bank Ltd(6.09%) as on January 2024
The alpha ratio for the ICICI Prudential Banking and Financial Services Fund Direct Plan Rnvstmnt of Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ICICI Prudential Banking and Financial Services Fund Direct Plan Rnvstmnt of Inc Dist cum Cap Wdrl
-2.04
2.13
-1.84
As on January 2024
The alpha for ICICI Prudential Banking and Financial Services Fund Direct Plan Rnvstmnt of Inc Dist cum Cap Wdrl is calculated against S&P BSE BANKEX INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the ICICI Prudential Banking and Financial Services Fund Direct Plan Rnvstmnt of Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ICICI Prudential Banking and Financial Services Fund Direct Plan Rnvstmnt of Inc Dist cum Cap Wdrl
0.87
0.95
1.03
As on January 2024
The Beta for ICICI Prudential Banking and Financial Services Fund Direct Plan Rnvstmnt of Inc Dist cum Cap Wdrl is calculated with S&P BSE BANKEX INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the ICICI Prudential Banking and Financial Services Fund Direct Plan Rnvstmnt of Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
ICICI Prudential Banking and Financial Services Fund Direct Plan Rnvstmnt of Inc Dist cum Cap Wdrl
0.29
0.56
0.33
As on January 2024
The sharpe ratio for ICICI Prudential Banking and Financial Services Fund Direct Plan Rnvstmnt of Inc Dist cum Cap Wdrl is calculated with S&P BSE BANKEX INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the ICICI Prudential Banking and Financial Services Fund Direct Plan Rnvstmnt of Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
ICICI Prudential Banking and Financial Services Fund Direct Plan Rnvstmnt of Inc Dist cum Cap Wdrl
15.36
17.91
27.58
As on January 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.96 as on January 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.19 as on January 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of ICICI Prudential Banking and Financial Services Fund Direct Plan Rnvstmnt of Inc Dist cum Cap Wdrl is 1%