ICICI Prudential Banking and Financial Services Fund
Sectoral-BankingVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹135.77+0.48%1 day
- Return since launch
- 15.3%
- 52-week range
- ₹116.66 — ₹140.84
- AUM
- ₹10,709 Cr
ICICI Prudential Banking and Financial Services Fund is a Sectoral-Banking equity fund from ICICI Prudential Mutual Fund with ₹10,709 Cr under management, launched in 2008. Over three years it has returned 6.8% a year, against 12.3% for its category. The expense ratio is 1.95% and the SEBI riskometer reading is Very High.
Performance
ICICI Prudential Banking and Financial Services Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -1.4% against +2.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.2% | +3.0 pts | 2.2% | 6.9% |
| 2Y | 4.9% | −2.2 pts | 7.1% | 7.4% |
| 3Y | 6.8% | −5.6 pts | 12.3% | 8.0% |
| 5Y | 10.0% | −0.3 pts | 10.2% | 10.8% |
| 7Y | 12.1% | −0.9 pts | 13.1% | 12.3% |
| 10Y | 11.2% | −0.5 pts | 11.7% | 11.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 7.1% | 0.0 pts | 7.1% | 7.0% |
| 3M | 3.4% | +2.3 pts | 1.1% | 2.1% |
| 6M | 5.5% | −0.7 pts | 6.1% | 6.7% |
| 1Y | -1.1% | −3.4 pts | 2.2% | 2.0% |
| 2Y | 5.2% | −2.1 pts | 7.3% | 6.9% |
| 3Y | 10.9% | −1.4 pts | 12.3% | 11.3% |
| 5Y | 8.7% | −1.5 pts | 10.2% | 9.4% |
| 7Y | 10.6% | −0.7 pts | 11.3% | 10.0% |
| 10Y | 11.3% | −0.5 pts | 11.7% | 10.6% |
Since launch (9 Jul 2008): 15.3%
Calendar-year returns
Category average-5.5%
23.5%
11.9%
17.9%
11.5%
15.9%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 15.9% | −2.7 pts | 18.6% |
| 2024 | 11.5% | −0.5 pts | 12.0% |
| 2023 | 17.9% | −3.6 pts | 21.4% |
| 2022 | 11.9% | −4.6 pts | 16.5% |
| 2021 | 23.5% | +7.0 pts | 16.4% |
| 2020 | -5.5% | −5.5 pts | -0.0% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.95%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.48%
- Brokerage
- 0.05%
- Transaction charges
- 0.00%
- Statutory levies
- 0.42%
- Exit load
- Exit load of 1% if redeemed within 15 days
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Financial Services TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | -0.11 | 4.32 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.89 | 0.95 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.24 | 0.48 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.31 | 0.64 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.68 | 17.05 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
ICICI Prudential Banking and Financial Services Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity96.4%
- Debt1.5%
- Other2.1%
Market cap split
- Large67.2%
- Mid13.9%
- Small18.9%
- P/E
- 15.80
- P/B
- 2.12
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 13.84% | ₹1,491 Cr | +12.83% | -0.04% | +20.01% |
| ICICI Bank Ltd. | Financial | 13.16% | ₹1,418 Cr | +27.35% | +28.57% | +1.46% |
| Kotak Mahindra Bank Ltd. | Financial | 9.36% | ₹1,008 Cr | +6.79% | +6.02% | +5.25% |
| Axis Bank Ltd. | Financial | 8.86% | ₹954 Cr | +17.20% | +18.64% | +15.55% |
| State Bank of India | Financial | 5.23% | ₹563 Cr | +6.28% | +4.58% | +8.26% |
| SBI Life Insurance Company Ltd. | Insurance | 3.15% | ₹340 Cr | +4.01% | -0.21% | +5.55% |
| SBI Cards And Payment Services Ltd. | Financial | 3.09% | ₹332 Cr | +0.22% | +0.36% | +0.72% |
| Bajaj Finserv Ltd. | Financial | 3.01% | ₹324 Cr | +4.33% | +3.45% | +1.99% |
| HDFC Life Insurance Co Ltd. | Insurance | 2.63% | ₹283 Cr | +2.83% | +3.30% | +3.85% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 2.21% | ₹238 Cr | -0.97% | +6.51% | +5.11% |
| LIC Housing Finance Ltd. | Financial | 2.19% | ₹236 Cr | +3.48% | +3.60% | +1.95% |
| Others | Others | 2.15% | ₹232 Cr | +4.49% | +1.42% | +0.73% |
| Anand Rathi Wealth Ltd. | Financial | 1.77% | ₹191 Cr | +1.61% | +1.46% | +1.27% |
| HDB Financial Services Ltd. | Financial | 1.66% | ₹179 Cr | +2.07% | +2.32% | +0.46% |
| BSE Ltd. | Services | 1.62% | ₹174 Cr | — | — | — |
| Can Fin Homes Ltd. | Financial | 1.59% | ₹171 Cr | +1.87% | +1.96% | +0.52% |
| Max Financial Services Ltd. | Financial | 1.57% | ₹169 Cr | +1.20% | +2.01% | +2.59% |
| Bajaj Finance Ltd. | Financial | 1.46% | ₹157 Cr | +1.69% | +2.46% | — |
| Life Insurance Corporation of India | Insurance | 1.43% | ₹154 Cr | +0.16% | +0.56% | +0.20% |
| PNB Housing Finance Ltd. | Financial | 1.35% | ₹145 Cr | -0.20% | +4.11% | — |
| Aavas Financiers Ltd. | Financial | 1.32% | ₹143 Cr | +1.62% | +1.35% | — |
| Go Digit General Insurance Ltd. | Insurance | 1.30% | ₹140 Cr | +0.78% | — | — |
| Piramal Finance Ltd. | Financial | 1.13% | ₹121 Cr | — | — | — |
| UTI Asset Management Company Ltd. | Financial | 0.99% | ₹107 Cr | +1.02% | +1.21% | +0.12% |
| SBI Funds Management Ltd. | Financial | 0.98% | ₹106 Cr | — | — | — |
| Aptus Value Housing Finance India Ltd. | Financial | 0.98% | ₹105 Cr | +1.51% | +1.85% | +0.87% |
| Central Bank of India | Financial | 0.93% | ₹99.70 Cr | +0.96% | — | — |
| Angel One Ltd. | Financial | 0.92% | ₹98.70 Cr | +0.48% | +0.39% | — |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 0.89% | ₹96.17 Cr | -0.51% | +0.67% | — |
| Repco Home Finance Ltd. | Financial | 0.81% | ₹87.07 Cr | +0.96% | +0.93% | +0.90% |
| Multi Commodity Exchange Of India Ltd. | Services | 0.80% | ₹86.18 Cr | +0.84% | — | — |
| Medi Assist Healthcare Services Ltd. | Services | 0.79% | ₹84.88 Cr | +0.95% | +0.93% | +1.40% |
| Reserve Bank of India | Financial | 0.76% | ₹82.00 Cr | +0.23% | +0.15% | +0.50% |
| Aadhar Housing Finance Ltd | Financial | 0.72% | ₹77.49 Cr | +0.81% | +0.32% | — |
| ICICI Life Insurance Ltd. | Insurance | 0.66% | ₹70.66 Cr | +0.98% | +1.36% | +0.12% |
| Star Health and Allied Insurance Company Ltd. | Insurance | 0.47% | ₹51.07 Cr | +0.56% | +0.52% | +1.23% |
| Bajaj Holdings & Investment Ltd. | Financial | 0.42% | ₹45.68 Cr | +0.61% | +0.67% | — |
| CreditAccess Grameen Ltd. | Financial | 0.41% | ₹44.70 Cr | — | — | — |
| Bajaj Housing Finance Ltd. | Financial | 0.38% | ₹41.45 Cr | +0.42% | +0.41% | — |
| CSB Bank Ltd. | Financial | 0.36% | ₹39.14 Cr | +0.40% | +0.56% | +0.65% |
| General Insurance Corporation of India | Insurance | 0.29% | ₹30.76 Cr | +0.31% | +0.39% | +0.37% |
| Care Ratings Ltd. | Services | 0.28% | ₹30.20 Cr | +0.26% | 0.00% | — |
| Muthoot Finance Ltd. | Financial | 0.26% | ₹27.85 Cr | +0.28% | — | +1.02% |
| MAS Financial Services Ltd. | Financial | 0.24% | ₹25.48 Cr | +0.25% | +0.30% | — |
| Fusion Finance Ltd. | Financial | 0.20% | ₹21.71 Cr | +0.55% | +0.38% | +0.26% |
| ICRA Ltd. | Services | 0.20% | ₹21.32 Cr | — | — | — |
| CMS Info Systems Ltd. | Services | 0.19% | ₹20.79 Cr | +0.24% | +0.29% | +0.38% |
| 360 One Wam Ltd. | Financial | 0.12% | ₹12.62 Cr | +0.47% | +0.24% | +0.57% |
| Canara HSBC Life Insurance Company Ltd. | Insurance | 0.09% | ₹9.42 Cr | — | — | — |
| Canara Robeco Asset Management Company Ltd. | Financial | 0.08% | ₹8.16 Cr | +0.08% | +0.08% | — |
| Bank of India | Financial | 0.02% | ₹2.62 Cr | +0.45% | — | — |
| Bandhan Bank Ltd. | Financial | 0.00% | ₹0.09 Cr | +0.74% | +1.07% | +0.88% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Axis Bank Ltd. | 8.95% | -0.02% | -8.97% |
| SBI Cards And Payment Services Ltd. | 0.24% | 3.09% | +2.85% |
| PNB Housing Finance Ltd. | 1.86% | -0.20% | -2.07% |
| Bajaj Finserv Ltd. | 2.30% | 0.38% | -1.91% |
| Others | 3.36% | 1.47% | -1.89% |
| HDFC Bank Ltd. | 12.07% | 13.84% | +1.77% |
| ICICI Bank Ltd. | -1.98% | -0.30% | +1.68% |
| Multi Commodity Exchange Of India Ltd. | -0.30% | 0.80% | +1.10% |
| Reserve Bank of India | 0.09% | 0.76% | +0.67% |
| LIC Housing Finance Ltd. | 2.75% | 2.19% | -0.55% |
| SBI Life Insurance Company Ltd. | 2.73% | 3.15% | +0.42% |
| Bank of India | 0.44% | 0.02% | -0.41% |
| Max Financial Services Ltd. | 1.16% | 1.57% | +0.40% |
| Aptus Value Housing Finance India Ltd. | 1.29% | 0.98% | -0.32% |
| Fusion Finance Ltd. | 0.44% | 0.20% | -0.23% |
| Bandhan Bank Ltd. | -0.18% | 0.00% | +0.19% |
| Piramal Finance Ltd. | 1.31% | 1.13% | -0.18% |
| Bajaj Finance Ltd. | 1.30% | 1.46% | +0.16% |
| Go Digit General Insurance Ltd. | 1.15% | 1.30% | +0.16% |
| Cholamandalam Investment and Finance Company Ltd. | 0.75% | 0.89% | +0.14% |
| State Bank of India | 5.11% | 5.23% | +0.11% |
| ICRA Ltd. | 0.10% | 0.20% | +0.10% |
| Can Fin Homes Ltd. | 1.67% | 1.59% | -0.08% |
| HDB Financial Services Ltd. | 1.73% | 1.66% | -0.07% |
| ICICI Life Insurance Ltd. | 0.73% | 0.66% | -0.07% |
| SBI Funds Management Ltd. | 1.04% | 0.98% | -0.06% |
| UTI Asset Management Company Ltd. | 0.93% | 0.99% | +0.06% |
| CSB Bank Ltd. | 0.42% | 0.36% | -0.06% |
| Central Bank of India | 0.87% | 0.93% | +0.05% |
| ICICI Lombard General Insurance Company Ltd. | -0.54% | -0.57% | -0.03% |
| Medi Assist Healthcare Services Ltd. | 0.82% | 0.79% | -0.03% |
| HDFC Life Insurance Co Ltd. | 2.60% | 2.63% | +0.02% |
| Anand Rathi Wealth Ltd. | 1.75% | 1.77% | +0.02% |
| BSE Ltd. | 1.63% | 1.62% | -0.02% |
| Aadhar Housing Finance Ltd | 0.73% | 0.72% | -0.02% |
| Aavas Financiers Ltd. | 1.31% | 1.32% | +0.01% |
| Bajaj Holdings & Investment Ltd. | 0.44% | 0.42% | -0.01% |
| Kotak Mahindra Bank Ltd. | 9.37% | 9.36% | -0.01% |
| 360 One Wam Ltd. | 0.13% | 0.12% | -0.01% |
| Bajaj Housing Finance Ltd. | 0.37% | 0.38% | +0.01% |
| Muthoot Finance Ltd. | 0.27% | 0.26% | -0.01% |
| CMS Info Systems Ltd. | 0.20% | 0.19% | -0.01% |
| Life Insurance Corporation of India | 1.44% | 1.43% | -0.01% |
| Repco Home Finance Ltd. | 0.82% | 0.81% | -0.01% |
| CreditAccess Grameen Ltd. | 0.42% | 0.41% | -0.01% |
| Canara Robeco Asset Management Company Ltd. | 0.08% | 0.08% | -0.01% |
| MAS Financial Services Ltd. | 0.24% | 0.24% | -0.01% |
| Care Ratings Ltd. | 0.27% | 0.28% | +0.01% |
| General Insurance Corporation of India | 0.29% | 0.29% | -0.01% |
| Star Health and Allied Insurance Company Ltd. | 0.48% | 0.47% | 0.00% |
| Angel One Ltd. | 0.91% | 0.92% | 0.00% |
| Canara HSBC Life Insurance Company Ltd. | 0.09% | 0.09% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,928 Cr | 2.17% | 5.8% | 10.5% | 13.5% |
 SBI Banking & Financial Services Fund | ₹10,505 Cr | 2.16% | 5.4% | 10.2% | 13.6% |
 Invesco India Financial Services Fund | ₹1,810 Cr | 2.16% | 7.0% | 10.6% | 14.8% |
 UTI Banking and Financial Services Fund | ₹1,339 Cr | 2.37% | 8.7% | 9.5% | 12.2% |
 Quant BFSI Fund | ₹894 Cr | 3.36% | 7.0% | 12.3% | — |
 Kotak Nifty Financial Services Ex-Bank Index Fund | ₹91.11 Cr | 0.82% | 1.1% | 9.8% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to maximize long term capital gains by investing in equity and equity related securities of banking, financial and non-banking financial companies that form a part of Banking and Financial Services Industry. A large share of the assets of the scheme will be invested in the stocks comprising the benchmark, BSE Bankex Index.
Fund managers
- Antariksha BanerjeePGDM (MBA) S. P. Jain Institute of Management & Research, MumbaiHe joined ICICI Prudential AMC, he has been part of the Research team of the AMC.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months5.45% absolute | ₹60,000 | ₹63,270 | 5.45% | |
| 1 year−1.11% annualised | ₹1,20,000 | ₹1,19,281 | −0.60% | |
| 3 years10.89% annualised | ₹3,60,000 | ₹4,27,363 | 18.71% | |
| 5 years8.73% annualised | ₹6,00,000 | ₹7,54,368 | 25.73% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of ICICI Prudential Banking and Financial Services Fund?
The NAV of ICICI Prudential Banking and Financial Services Fund is ₹135.77 as on 9 Nov 2026.
What is the expense ratio of ICICI Prudential Banking and Financial Services Fund?
The expense ratio of ICICI Prudential Banking and Financial Services Fund is 1.95% per year.
What is the minimum SIP amount for ICICI Prudential Banking and Financial Services Fund?
You can start a SIP in ICICI Prudential Banking and Financial Services Fund with ₹3,000 a month.
What returns has ICICI Prudential Banking and Financial Services Fund given?
ICICI Prudential Banking and Financial Services Fund has returned 5.2% over 1 year, 6.8% over 3 years and 10.0% over 5 years (annualised).
Is there a lock-in or exit load on ICICI Prudential Banking and Financial Services Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 15 days.
How risky is ICICI Prudential Banking and Financial Services Fund?
ICICI Prudential Banking and Financial Services Fund is rated Very High on the SEBI riskometer and belongs to the Sectoral-Banking category.
Which fund house manages ICICI Prudential Banking and Financial Services Fund?
ICICI Prudential Banking and Financial Services Fund is managed by ICICI Prudential Mutual Fund, which runs 109 schemes with ₹12,20,481 Cr under management.