ICICI Prudential Banking and Financial Services Fund - IDCW

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Fund House : ICICI Prudential Mutual Fund

Scheme Objective

To generate long-term capital appreciation to unitholders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services.

Scheme Details

Fund manager(s) – Sharmila D’silva , Roshan Chutkey
Launch date – 22-Aug-2008
Expense ratio – 1.81% as declared on 31-Aug-2025 (category average is 2.12%)
Benchmark - Nifty Financial Services TRI

Min SIP amount - ₹
Min investment amount (one time- first time) - ₹
Min investment amount (addtional purchase) - ₹
Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

ICICI Prudential Banking and Financial Services Fund - IDCW charges 1.0% of sell value; if fund sold before 15 days. There are no other charges.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2025

9687.68

0.00

0.00%

Aug - 2025	9687.68	0.00%
Jul - 2025	9930.21	0.00%
Jun - 2025	10087.50	0.00%
May - 2025	9812.38	0.00%
Apr - 2025	9374.76	0.00%
Mar - 2025	9007.66	0.00%
Feb - 2025	8843.33	0.00%
Jan - 2025	9045.56	0.00%

2024

8987.36

0.00

0.00%

Dec - 2024	8987.36	0.00	0.00%
Nov - 2024	9025.72	0.00	0.00%
Oct - 2024	8850.47	0.00	0.00%
Sep - 2024	8899.01	0.00	0.00%
Aug - 2024	8175.89	0.00	0.00%
Jul - 2024	7605.37	0.00	0.00%
Jun - 2024	7671.24	0.00	0.00%
May - 2024	7107.43	332799.42	2.14%
Apr - 2024	7423.85	310216.11	2.39%
Mar - 2024	7489.91	294067.45	2.55%
Feb - 2024	7355.78	284307.77	2.59%
Jan - 2024	7322.24	267953.19	2.73%

2023

7446.67

255901.49

2.91%

Dec - 2023	7446.67	255901.49	2.91%
Nov - 2023	7022.41	234412.57	3.00%
Oct - 2023	6739.83	216198.17	3.12%
Sep - 2023	6848.75	217772.16	3.14%
Aug - 2023	6740.31	209306.98	3.22%
Jul - 2023	7062.39	204388.31	3.46%
Jun - 2023	6961.30	193871.64	3.59%
May - 2023	6653.07	185597.81	3.58%
Apr - 2023	6312.80	178010.71	3.55%
Mar - 2023	6166.98	171836.03	3.59%
Feb - 2023	5871.02	167436.63	3.51%
Jan - 2023	5704.00	166554.89	3.42%

2022

5518.62

167608.09

3.29%

Dec - 2022	5518.62	167608.09	3.29%
Nov - 2022	5694.02	172528.96	3.30%
Oct - 2022	5644.31	166705.18	3.39%
Sep - 2022	5407.60	157738.78	3.43%
Aug - 2022	5495.14	156463.28	3.51%
Jul - 2022	5277.93	152963.27	3.45%
Jun - 2022	4744.80	140454.87	3.38%
May - 2022	4885.18	145456.40	3.36%
Apr - 2022	4519.55	148233.23	3.05%
Mar - 2022	4757.17	147952.10	3.22%
Feb - 2022	4122.25	141958.74	2.90%
Jan - 2022	4419.93	144634.29	3.06%

2021

4700.33

145331.60

3.23%

Dec - 2021	4700.33	145331.60	3.23%
Nov - 2021	4904.71	138109.60	3.55%
Oct - 2021	5241.72	138049.48	3.80%
Sep - 2021	5100.95	135487.80	3.76%
Aug - 2021	5096.78	130063.32	3.92%
Jul - 2021	4933.87	122998.72	4.01%
Jun - 2021	4677.05	113966.58	4.10%
May - 2021	4265.11	108995.82	3.91%
Apr - 2021	3989.00	101180.94	3.94%
Mar - 2021	3865.10	97890.77	3.95%
Feb - 2021	3592.26	95056.43	3.78%
Jan - 2021	3210.91	88774.68	3.62%

2020

3381.18

87074.79

3.88%

Dec - 2020	3381.18	87074.79	3.88%
Nov - 2020	3288.68	78410.56	4.19%
Oct - 2020	2791.61	71179.12	3.92%
Sep - 2020	2685.24	68093.54	3.94%
Aug - 2020	2835.64	68601.85	4.13%
Jul - 2020	2632.80	65177.73	4.04%
Jun - 2020	2537.73	62364.34	4.07%
May - 2020	2264.48	58108.50	3.90%
Apr - 2020	2715.46	58981.31	4.60%
Mar - 2020	2534.54	51838.98	4.89%
Feb - 2020	3371.80	66675.46	5.06%
Jan - 2020	3614.86	68411.85	5.28%

Tax Rate

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not included. If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 20%. Any cess/surcharge is not included in the 20%.

Contact Details

ICICI Prudential Asset Management Co. Ltd.

One BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051
Tel no.: 022-26525000
Fax no.: 022-26528100
Website.: www.icicipruamc.com

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krishna_ksvs
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9 days ago

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44 days ago

JMFLEXICAPfund regular is howing worst performance. bought at 107.693 in jly 24 and now 97.43 how to shuffle and compensate loss View more | 1

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15 hrs ago

Invest in a Reliable PSU Bond for Steady Returns POWER FINANCE CORPORATION LIMITED – 2029 Bond ✔️ Coupon: 9.10% p.a. ✔️ Rating: AAA Stable (CRISIL, ICRA, CARE) ✔️ Tenor: 3y 5m (Maturity: 23/Mar/2029) ✔️ PSU Bond | High Return | Listed Secure your funds in a top-rated PSU and benefit from attractive, stable returns. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dlJTdg-tfi/910-power-finance-corporation-limited-2029?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list View more

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  Invest in a Reliable PSU Bond for Steady Returns POWER FINANCE CORPORATION LIMITED – 2029 Bond ✔️ Coupon: 9.10% p.a. ✔️ Rating: AAA Stable (CRISIL, ICRA, CARE) ✔️ Tenor: 3y 5m (Maturity: 23/Mar/2029) ✔️ PSU Bond | High Return | Listed Secure your funds in a top-rated PSU and benefit from attractive, stable returns. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dlJTdg-tfi/910-power-finance-corporation-limited-2029?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list
  
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72 days ago

Dividend last declared by SBI Long Term Equity Fund - regular Plan -IDCW was in the year 2022. Is there any specific reason given by fund managers for non declaration of dividend. Please let me know. View more

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110 days ago

Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV. View more

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Hi Sunny, what is he period of holding and also any particular reson for withdrawl out of these two funds that have grown over a period of time View more | 1

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