ICICI Prudential Banking & Financial Services Fund
Posted on: July 16, 2008 - 9:20am
Financeman
Posts: 79
Joined: 2008-04-30
ICICI Prudential Banking & Financial Services Fund
The current low penetration of Banking & Financial Services (BFS) in India presents a huge growth opportunity for the companies engaged in this sector. Also, BFS in India will see expansion through new age sectors like Insurance, Mutual Funds, Stock Broking, Wealth Management, etc. This future growth presents a huge investment opportunity.
Now, you too can benefit from this. With the fall in Sensex, the MArket Value Of Bank Shares have tipped alot. However one look at their Balance Sheet would prove that they are sound and raring to go.
Thats when ICICI Prudential Banking & Financial Services Fund is launched.
ICICI Prudential Banking & Financial Services Fund is an open- ended equity scheme that seeks to maximize long-term capital appreciation by investing in equity and equity related securities of companies engaged in banking and financial services.
The scheme seeks to capture the growth opportunities that various sectors related to banking and financial services present. You can buy the usually high priced stocks at a marginally low price.
The current low penetration of Banking & Financial Services (BFS) in India presents a huge growth opportunity for the companies engaged in this sector. Also, BFS in India will see expansion through new age sectors like Insurance, Mutual Funds, Stock Broking, Wealth Management, etc. This future growth presents a huge investment opportunity.
Now, you too can benefit from this. With the fall in Sensex, the MArket Value Of Bank Shares have tipped alot. However one look at their Balance Sheet would prove that they are sound and raring to go.
Thats when ICICI Prudential Banking & Financial Services Fund is launched.
ICICI Prudential Banking & Financial Services Fund is an open- ended equity scheme that seeks to maximize long-term capital appreciation by investing in equity and equity related securities of companies engaged in banking and financial services.
The scheme seeks to capture the growth opportunities that various sectors related to banking and financial services present. You can buy the usually high priced stocks at a marginally low price.