NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹124.00
-0.82%
NAV as on 06 Oct 24, 12:00 AM
very high risk
sector financial services
equity
NAV as on 06 Oct 24, 12:00 AM
very high risk
sector financial services
equity
26.21%p.a.
Last 1Y
12.98%p.a.
Last 3Y
15.13%p.a.
Last 5Y
17.13%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Banking and Financial Services Fund Growth scheme from ICICI Prudential Asset Management Company Limited. It is a Sector - Financial Services mutual fund scheme that predominantly invests in Sector - Financial Services stocks of companies. Launched on Aug 2008, ICICI Prudential Banking and Financial Services Fund Growth is Sector - Financial Services fund of its category with 8,175.89 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Financial Services funds.
To generate long-term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services. However, there is no assurance or guarantee that the investment objective of the Scheme would be achieved.
HDFC Bank Ltd
23.43%
ICICI Bank Ltd
19.40%
Kotak Mahindra Bank Ltd
6.41%
Axis Bank Ltd
6.06%
SBI Life Insurance Co Ltd
5.94%
HDFC Life Insurance Co Ltd
4.58%
Bajaj Finance Ltd
3.18%
ICICI Lombard General Insurance Co Ltd
3.14%
State Bank of India
2.94%
IndusInd Bank Ltd
2.09%
View Scheme Document
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
---|---|---|
Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
very high risk | equity
17.2%
very high risk | equity
14.3%
very high risk | equity
13.8%