ICICI Prudential Banking and Financial Services Fund
Sectoral-BankingVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹127.29-1.94%1 day
- Return since launch
- 15.2%
- 52-week range
- ₹116.66 — ₹140.84
- AUM
- ₹11,331 Cr
ICICI Prudential Banking and Financial Services Fund is a Sectoral-Banking equity fund from ICICI Prudential Mutual Fund with ₹11,331 Cr under management, launched in 2008. Over three years it has returned 3.2% a year, against 10.7% for its category. The expense ratio is 1.93% 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 -4.0% against +0.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -7.9% | −9.9 pts | 2.0% | -5.0% |
| 2Y | -1.5% | −3.5 pts | 2.0% | 1.5% |
| 3Y | 3.2% | −7.5 pts | 10.7% | 4.7% |
| 5Y | 8.0% | −1.6 pts | 9.6% | 9.0% |
| 7Y | 11.0% | −1.2 pts | 12.3% | 11.2% |
| 10Y | 10.4% | −0.9 pts | 11.3% | 10.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -2.9% | +1.7 pts | -4.6% | -4.0% |
| 3M | -4.2% | −0.1 pts | -4.1% | -4.1% |
| 6M | 3.4% | −1.2 pts | 4.5% | 4.4% |
| 1Y | -4.0% | −6.0 pts | 2.0% | 0.7% |
| 2Y | -1.0% | −2.6 pts | 1.6% | 0.9% |
| 3Y | 8.4% | −2.2 pts | 10.7% | 9.2% |
| 5Y | 8.0% | −1.6 pts | 9.6% | 8.6% |
| 7Y | 10.4% | −0.8 pts | 11.2% | 9.9% |
| 10Y | 10.7% | −0.5 pts | 11.3% | 10.0% |
Since launch (9 Jul 2008): 15.2%
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 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.49%
- Brokerage
- 0.04%
- 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 | -0.12 | 6.55 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.89 | 0.92 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.37 | 0.75 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.46 | 0.96 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.34 | 16.34 | 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 31 Aug 2026
Asset allocation
- Equity94.4%
- Debt1.2%
- Other4.4%
Market cap split
- Large66.0%
- Mid13.2%
- Small20.8%
- P/E
- 16.18
- P/B
- 2.15
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 12.10% | ₹1,371 Cr | +25.91% | +28.11% | +41.03% |
| HDFC Bank Ltd. | Financial | 12.07% | ₹1,367 Cr | +13.32% | +16.47% | +19.02% |
| Kotak Mahindra Bank Ltd. | Financial | 9.37% | ₹1,061 Cr | +7.22% | +5.00% | +4.77% |
| Axis Bank Ltd. | Financial | 8.95% | ₹1,014 Cr | +8.76% | +8.31% | +8.15% |
| State Bank of India | Financial | 5.11% | ₹579 Cr | +5.88% | +4.34% | +7.86% |
| Others | Others | 4.45% | ₹504 Cr | +2.66% | +1.22% | +0.75% |
| SBI Cards And Payment Services Ltd. | Financial | 3.28% | ₹372 Cr | +6.75% | +0.36% | +1.48% |
| LIC Housing Finance Ltd. | Financial | 2.75% | ₹311 Cr | +3.41% | +3.36% | +1.98% |
| SBI Life Insurance Company Ltd. | Insurance | 2.73% | ₹310 Cr | +3.78% | +6.06% | +5.39% |
| HDFC Life Insurance Co Ltd. | Insurance | 2.60% | ₹295 Cr | +2.32% | +3.44% | +4.06% |
| Bajaj Finserv Ltd. | Financial | 2.30% | ₹260 Cr | +1.91% | +0.91% | +0.98% |
| PNB Housing Finance Ltd. | Financial | 1.86% | ₹211 Cr | +2.11% | +1.93% | — |
| Anand Rathi Wealth Ltd. | Financial | 1.75% | ₹198 Cr | +1.46% | +1.27% | +1.30% |
| HDB Financial Services Ltd. | Financial | 1.73% | ₹196 Cr | +2.35% | +2.51% | +0.87% |
| Can Fin Homes Ltd. | Financial | 1.67% | ₹189 Cr | +1.85% | +1.80% | +0.46% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 1.64% | ₹186 Cr | +6.00% | +6.29% | +5.15% |
| company:14552 | Services | 1.63% | ₹185 Cr | — | — | — |
| Life Insurance Corporation of India | Insurance | 1.44% | ₹163 Cr | +0.31% | +0.57% | — |
| Aavas Financiers Ltd. | Financial | 1.31% | ₹148 Cr | +1.49% | +1.39% | — |
| company:896 | Financial | 1.31% | ₹148 Cr | — | — | — |
| Bajaj Finance Ltd. | Financial | 1.30% | ₹147 Cr | +1.29% | +2.63% | +0.50% |
| Aptus Value Housing Finance India Ltd. | Financial | 1.29% | ₹146 Cr | +1.75% | +2.00% | — |
| Multi Commodity Exchange Of India Ltd. | Services | 1.16% | ₹132 Cr | — | — | — |
| Max Financial Services Ltd. | Financial | 1.16% | ₹132 Cr | +1.32% | +2.26% | +2.73% |
| Go Digit General Insurance Ltd. | Insurance | 1.15% | ₹130 Cr | +0.66% | — | +0.02% |
| SBI Funds Management Ltd. | Financial | 1.04% | ₹118 Cr | — | — | — |
| UTI Asset Management Company Ltd. | Financial | 0.93% | ₹105 Cr | +1.07% | +1.10% | +0.15% |
| Angel One Ltd. | Financial | 0.91% | ₹103 Cr | +0.51% | +0.29% | — |
| Central Bank of India | Financial | 0.87% | ₹98.91 Cr | +0.95% | — | — |
| Repco Home Finance Ltd. | Financial | 0.82% | ₹92.50 Cr | +0.92% | +0.87% | +0.89% |
| Medi Assist Healthcare Services Ltd. | Services | 0.82% | ₹92.45 Cr | +1.00% | +1.00% | +1.40% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 0.75% | ₹85.31 Cr | +1.26% | +0.08% | 0.00% |
| Aadhar Housing Finance Ltd | Financial | 0.73% | ₹83.19 Cr | +0.93% | +0.28% | — |
| ICICI Prudential Life Insurance Company Ltd. | Insurance | 0.73% | ₹82.32 Cr | +1.19% | +1.51% | — |
| Star Health and Allied Insurance Company Ltd. | Insurance | 0.48% | ₹54.23 Cr | +0.52% | +1.19% | +1.34% |
| Bank of India | Financial | 0.44% | ₹49.53 Cr | +0.46% | — | — |
| Fusion Finance Ltd. | Financial | 0.44% | ₹49.34 Cr | +0.43% | +0.44% | +0.24% |
| Bajaj Holdings & Investment Ltd. | Financial | 0.44% | ₹49.30 Cr | +0.62% | +0.71% | — |
| CSB Bank Ltd. | Financial | 0.42% | ₹48.08 Cr | +0.61% | +0.56% | +0.65% |
| company:11921 | Financial | 0.42% | ₹47.92 Cr | — | — | — |
| Bandhan Bank Ltd. | Financial | 0.41% | ₹46.63 Cr | +2.13% | +2.14% | +1.82% |
| Bajaj Housing Finance Ltd. | Financial | 0.37% | ₹42.47 Cr | +0.42% | +0.42% | — |
| General Insurance Corporation of India | Insurance | 0.29% | ₹32.96 Cr | +0.34% | +0.35% | +0.38% |
| Care Ratings Ltd. | Services | 0.27% | ₹31.15 Cr | +0.19% | — | — |
| Muthoot Finance Ltd. | Financial | 0.27% | ₹30.30 Cr | — | — | +1.11% |
| MAS Financial Services Ltd. | Financial | 0.24% | ₹27.45 Cr | +0.26% | +0.30% | — |
| CMS Info Systems Ltd. | Services | 0.20% | ₹22.87 Cr | +0.29% | +0.28% | +0.33% |
| 360 One Wam Ltd. | Financial | 0.13% | ₹14.40 Cr | +0.50% | +0.24% | — |
| ICRA Ltd. | Services | 0.10% | ₹11.48 Cr | — | — | — |
| Reserve Bank of India | Financial | 0.09% | ₹9.98 Cr | +0.23% | +0.13% | +0.51% |
| Canara HSBC Life Insurance Company Ltd. | Insurance | 0.09% | ₹9.91 Cr | — | +0.02% | — |
| Canara Robeco Asset Management Company Ltd. | Unclassified | 0.08% | ₹9.41 Cr | +0.08% | +0.08% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Bajaj Finserv Ltd. | 0.04% | 2.30% | +2.25% |
| State Bank of India | 7.36% | 5.11% | -2.25% |
| PNB Housing Finance Ltd. | -0.10% | 1.86% | +1.96% |
| company:14552 | 0.00% | 1.63% | +1.63% |
| Life Insurance Corporation of India | 0.00% | 1.44% | +1.44% |
| Bajaj Finance Ltd. | -0.01% | 1.30% | +1.31% |
| company:896 | 0.00% | 1.31% | +1.31% |
| Cholamandalam Investment and Finance Company Ltd. | -0.48% | 0.75% | +1.23% |
| Others | 4.13% | 3.36% | -0.77% |
| Multi Commodity Exchange Of India Ltd. | 0.42% | -0.30% | -0.72% |
| SBI Funds Management Ltd. | 0.35% | 1.04% | +0.69% |
| Kotak Mahindra Bank Ltd. | 8.79% | 9.37% | +0.57% |
| Axis Bank Ltd. | 8.43% | 8.95% | +0.52% |
| Angel One Ltd. | 0.43% | 0.91% | +0.48% |
| 360 One Wam Ltd. | 0.56% | 0.13% | -0.43% |
| company:11921 | 0.00% | 0.42% | +0.42% |
| ICICI Prudential Life Insurance Company Ltd. | 1.01% | 0.73% | -0.29% |
| HDFC Bank Ltd. | 11.82% | 12.07% | +0.25% |
| SBI Life Insurance Company Ltd. | 2.98% | 2.73% | -0.25% |
| PB Fintech Ltd. | 0.22% | 0.00% | -0.22% |
| Union Bank of India | 0.20% | 0.00% | -0.20% |
| LIC Housing Finance Ltd. | 2.94% | 2.75% | -0.19% |
| Aavas Financiers Ltd. | 1.43% | 1.31% | -0.12% |
| Medi Assist Healthcare Services Ltd. | 0.91% | 0.82% | -0.10% |
| Anand Rathi Wealth Ltd. | 1.66% | 1.75% | +0.09% |
| Aptus Value Housing Finance India Ltd. | 1.37% | 1.29% | -0.08% |
| Can Fin Homes Ltd. | 1.74% | 1.67% | -0.07% |
| Repco Home Finance Ltd. | 0.87% | 0.82% | -0.06% |
| HDFC Life Insurance Co Ltd. | 2.65% | 2.60% | -0.05% |
| Max Financial Services Ltd. | 1.12% | 1.16% | +0.04% |
| UTI Asset Management Company Ltd. | 0.97% | 0.93% | -0.04% |
| Go Digit General Insurance Ltd. | 1.11% | 1.15% | +0.04% |
| Aadhar Housing Finance Ltd | 0.77% | 0.73% | -0.04% |
| Star Health and Allied Insurance Company Ltd. | 0.51% | 0.48% | -0.03% |
| Central Bank of India | 0.90% | 0.87% | -0.03% |
| ICICI Lombard General Insurance Company Ltd. | -0.56% | -0.54% | +0.03% |
| HDB Financial Services Ltd. | 1.76% | 1.73% | -0.03% |
| Fusion Finance Ltd. | 0.46% | 0.44% | -0.02% |
| CMS Info Systems Ltd. | 0.22% | 0.20% | -0.02% |
| ICICI Bank Ltd. | -1.96% | -1.98% | -0.02% |
| Muthoot Finance Ltd. | 0.28% | 0.27% | -0.02% |
| MAS Financial Services Ltd. | 0.26% | 0.24% | -0.01% |
| CSB Bank Ltd. | 0.41% | 0.42% | +0.01% |
| Bajaj Housing Finance Ltd. | 0.39% | 0.37% | -0.01% |
| Bandhan Bank Ltd. | -0.19% | -0.18% | +0.01% |
| Bank of India | 0.43% | 0.44% | +0.01% |
| Canara HSBC Life Insurance Company Ltd. | 0.08% | 0.09% | 0.00% |
| General Insurance Corporation of India | 0.30% | 0.29% | 0.00% |
| Canara Robeco Asset Management Company Ltd. | 0.08% | 0.08% | 0.00% |
| Bajaj Holdings & Investment Ltd. | 0.43% | 0.44% | 0.00% |
| Care Ratings Ltd. | 0.27% | 0.27% | 0.00% |
| SBI Cards And Payment Services Ltd. | 0.24% | 0.24% | 0.00% |
| ICRA Ltd. | 0.10% | 0.10% | 0.00% |
| Reserve Bank of India | 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 | ₹2,982 Cr | 2.23% | -1.4% | 8.8% | 12.4% |
 SBI Banking & Financial Services Fund | ₹10,873 Cr | 2.16% | -8.4% | 6.6% | 11.5% |
 Invesco India Financial Services Fund | ₹1,896 Cr | 2.18% | -3.4% | 8.0% | 13.3% |
 Bandhan Financial Services Fund | ₹1,122 Cr | 2.49% | -3.6% | 5.5% | — |
 Quant BFSI Fund | ₹922 Cr | 3.48% | 13.7% | 15.4% | — |
 Kotak Nifty Financial Services Ex-Bank Index Fund | ₹99.18 Cr | 0.83% | -5.5% | 8.6% | — |
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 months3.36% absolute | ₹60,000 | ₹62,016 | 3.36% | |
| 1 year−4.04% annualised | ₹1,20,000 | ₹1,17,406 | −2.16% | |
| 3 years8.45% annualised | ₹3,60,000 | ₹4,10,992 | 14.16% | |
| 5 years7.98% annualised | ₹6,00,000 | ₹7,39,269 | 23.21% |
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 ₹127.29 as on 24 Sep 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 1.93% 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 -7.9% over 1 year, 3.2% over 3 years and 8.0% 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 ₹11,76,218 Cr under management.