Minimum SIP: ₹1,000 : ICICI Prudential Nifty Private Bank Index Fund..!
The ICICI
Prudential Nifty Private Bank Index Fund is an open-ended equity mutual
fund that aims to replicate the performance of the Nifty
Private Bank TRI Index. It invests in companies included in the Nifty
Private Bank Index, mirroring their weightage. The fund is managed by ICICI
Prudential Mutual Fund.
Key Details:
- Fund Type: Open-ended
equity fund
- Category:
Sectoral-Banking
- Benchmark: Nifty Private
Bank TRI
- Fund House: ICICI Prudential
Mutual Fund
- Minimum
Investment:
₹1,000
- Minimum SIP: ₹1,000
- Riskometer: Very High
- Exit Load: 0%
- Expense Ratio: 0.80% for the
regular plan
- Plans: Growth and IDCW
(Income Distribution cum Capital Withdrawal)
- NFO (New Fund
Offer) Period: July 1, 2025 to July 14, 2025
Investment
Strategy:
The fund invests in all stocks comprising the Nifty
Private Bank Index, maintaining the same weightage as the index. This approach
aims to provide investors with returns similar to the index's performance.
For more details and Investing
S.Sridharan, Founder, https://www.walletwealth.co.in/
If you need any advice on investments, do call us at 9940116967.
Team Wallet Wealth,
AMFI Registered Mutual Fund Distributor
2nd Floor, No.8A, 2nd Main Road,
Nanganallur,
Chennai – 600 061
Ph: 044-48612114
https://www.walletwealth.co.in/
Email id: sridharan@walletwealth.co.in
You can contact Mr.S.Sridharan for all types of investments
including mutual fund investment, medical insurance, and life insurance.
Read articles written by Mr. S. Sridharan in Nanayam Vikatan, a
leading personal financial management magazine.
https://www.vikatan.com/author/855-sridharan-s
