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ICICI Prudential Banking and Financial Services Fund – Sector-Focused Equity
ICICI Prudential Banking and Financial Services Fund delivers ~17.8% 3-year returns with ~94% equity allocation, focusing on financial sector growth.
The ICICI Prudential Banking and Financial Services Fund targets Indian banking and financial services companies, leveraging sector trends for capital growth. Its AUM is ~₹7,400 crore, with ~94% in equities and ~5% in cash. The fund has consistently delivered ~17.8% 3‑year annualized returns, outperforming the sector-focused equity category average of ~15–16%.
Stock selection emphasizes private banks, NBFCs, and insurance companies with strong growth outlooks. Suitable for investors seeking concentrated exposure to India’s financial sector with a 3–5 year investment horizon and moderate to high risk appetite.