Banking stocks have been amongst the top performing stocks in 2017 so far. HDFC bank
by gaining 6% is one of the best performing banking stocks for the week.
In mutual fund category ICICI prudential banking fund has caught investor's attention by generating returns in excess of 63% over one year period.
The BSE Bankex has delivered over 46.11% over one year period.
Top holdings of ICICI Prudential Banking Fund are HDFC Bank, IndusInd Bank, ICICI Bank, State Bank of India, Yes Bank, Bajaj Finance and Federal Bank.
Over one month time frame the fund has delivered over 9.4%. For a three-year period the fund has delivered almost 35% on an annualised basis. For a five-year period the fund has delivered over 22% on an annualised basis.