ICICI Prudential PSU Equity Fund
Thematic-PSUVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹21.53+0.19%1 day
- Return since launch
- 21.1%
- 52-week range
- ₹20.37 — ₹23.02
- AUM
- ₹1,850 Cr
ICICI Prudential PSU Equity Fund is a Thematic-PSU equity fund from ICICI Prudential Mutual Fund with ₹1,850 Cr under management, launched in 2022. Over three years it has returned 6.6% a year, against 17.9% for its category. The expense ratio is 2.33% and the SEBI riskometer reading is Very High.
Performance
ICICI Prudential PSU Equity Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +5.4% against +0.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -0.6% | −5.4 pts | 4.8% | -6.6% |
| 2Y | 3.5% | +0.8 pts | 2.6% | -0.4% |
| 3Y | 6.6% | −11.3 pts | 17.9% | 2.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -1.9% | +1.1 pts | -3.0% | -2.2% |
| 3M | -1.3% | +1.6 pts | -2.9% | -2.9% |
| 6M | 3.6% | −0.7 pts | 4.3% | 1.6% |
| 1Y | 5.4% | +0.6 pts | 4.8% | 0.6% |
| 2Y | -1.3% | +1.2 pts | -2.5% | -4.2% |
| 3Y | 18.8% | +0.9 pts | 17.9% | 14.5% |
Since launch (23 Aug 2022): 21.1%
Calendar-year returns
Category average52.7%
24.1%
7.1%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.1% | −2.5 pts | 9.7% |
| 2024 | 24.1% | +0.8 pts | 23.3% |
| 2023 | 52.7% | −4.5 pts | 57.3% |
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
2.34%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.78%
- Brokerage
- 0.05%
- Transaction charges
- 0.01%
- Statutory levies
- 0.50%
- Exit load
- Exit Load 1% if redeem before 1 month from the date of allotment.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- BSE PSU 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 | 0.33 | -1.26 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.83 | 0.94 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.82 | 0.74 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.40 | 1.26 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 20.05 | 22.79 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
ICICI Prudential PSU Equity Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity96.6%
- Other3.4%
Market cap split
- Large73.1%
- Mid16.1%
- Small10.7%
- P/E
- 10.74
- P/B
- 1.58
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| State Bank of India | Financial | 16.76% | ₹310 Cr | +14.22% | +8.39% | +15.64% |
| NTPC Ltd. | Energy | 9.05% | ₹167 Cr | +8.61% | +7.48% | +9.99% |
| Power Grid Corporation Of India Ltd. | Energy | 7.60% | ₹141 Cr | +6.89% | +5.67% | +8.70% |
| Life Insurance Corporation of India | Insurance | 6.00% | ₹111 Cr | +4.71% | +0.18% | +4.02% |
| Bharat Electronics Ltd. | Capital Goods | 5.90% | ₹109 Cr | +6.96% | +6.41% | +3.47% |
| Oil And Natural Gas Corporation Ltd. | Energy | 4.81% | ₹88.95 Cr | +5.36% | +4.31% | +9.14% |
| Indian Oil Corporation Ltd. | Energy | 4.65% | ₹86.08 Cr | +3.20% | +3.79% | +4.54% |
| Coal India Ltd. | Materials | 3.47% | ₹64.27 Cr | +0.15% | +2.97% | +2.87% |
| Others | Others | 3.38% | ₹62.48 Cr | +7.67% | +7.21% | +0.58% |
| Bharat Petroleum Corporation Ltd. | Energy | 3.34% | ₹61.87 Cr | +2.49% | +3.98% | +3.74% |
| Indian Railway Catering And Tourism Corporation Ltd. | Services | 2.70% | ₹50.00 Cr | +2.79% | +2.93% | +2.49% |
| Oil India Ltd. | Energy | 2.57% | ₹47.55 Cr | +3.09% | +2.34% | +2.22% |
| General Insurance Corporation of India | Insurance | 2.23% | ₹41.28 Cr | +1.36% | +1.87% | +0.79% |
| Bank Of Baroda | Financial | 2.10% | ₹38.77 Cr | +0.67% | +4.31% | +2.65% |
| SBI Cards And Payment Services Ltd. | Financial | 2.01% | ₹37.18 Cr | +3.24% | +3.18% | — |
| NHPC Ltd. | Energy | 1.95% | ₹36.13 Cr | +2.63% | +2.25% | +1.52% |
| SBI Life Insurance Company Ltd. | Insurance | 1.91% | ₹35.35 Cr | +1.16% | — | +1.44% |
| Hindustan Aeronautics Ltd. | Capital Goods | 1.89% | ₹34.93 Cr | +4.78% | +0.32% | +1.08% |
| Bank of India | Financial | 1.87% | ₹34.53 Cr | +1.54% | — | — |
| Engineers India Ltd. | Construction | 1.39% | ₹25.75 Cr | +1.20% | +1.20% | — |
| GAIL (India) Ltd. | Energy | 1.25% | ₹23.06 Cr | +3.42% | +3.06% | +2.66% |
| Indian Bank | Financial | 1.24% | ₹22.90 Cr | +0.46% | +0.51% | — |
| Central Bank of India | Financial | 1.07% | ₹19.86 Cr | +1.08% | — | — |
| National Aluminium Company Ltd. | Metals & Mining | 1.04% | ₹19.17 Cr | +0.99% | +0.94% | — |
| Gujarat Energy Ltd. | Energy | 0.92% | ₹16.94 Cr | +1.56% | +1.79% | +2.11% |
| BEML Ltd. | Capital Goods | 0.89% | ₹16.54 Cr | +0.81% | +0.74% | — |
| LIC Housing Finance Ltd. | Financial | 0.87% | ₹16.15 Cr | +0.84% | +0.40% | — |
| Data Patterns (India) Ltd. | Capital Goods | 0.80% | ₹14.77 Cr | +1.02% | +1.14% | — |
| Gujarat Narmada Valley Fertilizers & Chemicals Ltd. | Chemicals | 0.67% | ₹12.31 Cr | +0.57% | +0.48% | +0.60% |
| Repco Home Finance Ltd. | Financial | 0.55% | ₹10.21 Cr | +0.57% | — | — |
| SJVN Ltd. | Energy | 0.50% | ₹9.25 Cr | — | — | — |
| Hindustan Petroleum Corporation Ltd. | Energy | 0.50% | ₹9.18 Cr | +0.36% | +1.92% | +2.14% |
| Gujarat Alkalies And Chemicals Ltd. | Chemicals | 0.45% | ₹8.34 Cr | +0.47% | +0.74% | +0.94% |
| NLC India Ltd. | Energy | 0.43% | ₹8.04 Cr | +1.25% | +1.33% | +1.52% |
| Petronet LNG Ltd. | Energy | 0.42% | ₹7.73 Cr | +0.29% | +0.17% | — |
| NMDC Steel Ltd. | Metals & Mining | 0.38% | ₹7.09 Cr | +0.36% | +0.51% | +0.49% |
| Union Bank of India | Financial | 0.35% | ₹6.47 Cr | +0.48% | — | — |
| Mangalore Refinery And Petrochemicals Ltd. | Energy | 0.33% | ₹6.11 Cr | +0.28% | +0.36% | +1.48% |
| Tamil Nadu Newsprint & Papers Ltd. | Consumer Staples | 0.32% | ₹6.01 Cr | +0.50% | +0.72% | +0.96% |
| Indraprastha Gas Ltd. | Energy | 0.28% | ₹5.22 Cr | +0.01% | — | — |
| Astra Microwave Products Ltd. | Communication | 0.24% | ₹4.50 Cr | +0.68% | +0.54% | — |
| Chennai Petroleum Corporation Ltd. | Energy | 0.24% | ₹4.38 Cr | +0.52% | — | — |
| Central Mine Planning & Design Institute Ltd. | Materials | 0.22% | ₹4.05 Cr | +0.87% | — | — |
| Canara HSBC Life Insurance Company Ltd. | Insurance | 0.21% | ₹3.80 Cr | — | — | — |
| GSPL Transmission Ltd. | Energy | 0.18% | ₹3.42 Cr | — | — | — |
| company:3696 | Metals & Mining | 0.07% | ₹1.31 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Bharat Electronics Ltd. | 5.46% | -0.02% | -5.48% |
| Life Insurance Corporation of India | 0.99% | 6.00% | +5.01% |
| Hindustan Aeronautics Ltd. | 5.24% | 1.89% | -3.35% |
| Bank Of Baroda | 1.07% | 2.10% | +1.03% |
| Indian Oil Corporation Ltd. | 3.75% | 4.65% | +0.90% |
| Canara Bank | 0.63% | 0.00% | -0.63% |
| Coal India Ltd. | 3.03% | 3.47% | +0.44% |
| NTPC Ltd. | 9.47% | 9.05% | -0.42% |
| State Bank of India | 16.36% | 16.76% | +0.40% |
| NLC India Ltd. | 0.05% | 0.43% | +0.38% |
| Bharat Heavy Electricals Ltd. | 0.28% | 0.00% | -0.28% |
| SJVN Ltd. | 0.25% | 0.50% | +0.25% |
| BEML Ltd. | 1.12% | 0.89% | -0.23% |
| Engineers India Ltd. | 1.17% | 1.39% | +0.23% |
| Data Patterns (India) Ltd. | 0.97% | 0.80% | -0.17% |
| Oil And Natural Gas Corporation Ltd. | 4.96% | 4.81% | -0.16% |
| Oil India Ltd. | 2.72% | 2.57% | -0.15% |
| Union Bank of India | 0.50% | 0.35% | -0.15% |
| Hindustan Petroleum Corporation Ltd. | 0.37% | 0.50% | +0.13% |
| SBI Life Insurance Company Ltd. | 2.04% | 1.91% | -0.13% |
| Chennai Petroleum Corporation Ltd. | 0.35% | 0.24% | -0.11% |
| Indian Bank | 1.14% | 1.24% | +0.10% |
| Power Finance Corporation Ltd. | 0.10% | 0.00% | -0.10% |
| National Aluminium Company Ltd. | 1.12% | 1.04% | -0.09% |
| Bharat Petroleum Corporation Ltd. | 3.26% | 3.34% | +0.09% |
| Gujarat Energy Ltd. | 1.00% | 0.92% | -0.09% |
| Gujarat Narmada Valley Fertilizers & Chemicals Ltd. | 0.58% | 0.67% | +0.08% |
| Bank of India | 1.79% | 1.87% | +0.07% |
| company:3696 | 0.00% | 0.07% | +0.07% |
| LIC Housing Finance Ltd. | 0.84% | 0.87% | +0.04% |
| Others | 2.49% | 2.52% | +0.03% |
| Petronet LNG Ltd. | 0.39% | 0.42% | +0.03% |
| NMDC Steel Ltd. | 0.35% | 0.38% | +0.03% |
| Repco Home Finance Ltd. | 0.58% | 0.55% | -0.03% |
| NHPC Ltd. | 1.98% | 1.95% | -0.02% |
| Astra Microwave Products Ltd. | 0.27% | 0.24% | -0.02% |
| Gujarat Alkalies And Chemicals Ltd. | 0.47% | 0.45% | -0.02% |
| Tamil Nadu Newsprint & Papers Ltd. | 0.34% | 0.32% | -0.02% |
| General Insurance Corporation of India | 2.21% | 2.23% | +0.02% |
| Power Grid Corporation Of India Ltd. | 7.58% | 7.60% | +0.02% |
| Canara HSBC Life Insurance Company Ltd. | 0.19% | 0.21% | +0.02% |
| Central Bank of India | 1.09% | 1.07% | -0.01% |
| Indian Railway Catering And Tourism Corporation Ltd. | 2.71% | 2.70% | -0.01% |
| GAIL (India) Ltd. | 1.26% | 1.25% | -0.01% |
| Mangalore Refinery And Petrochemicals Ltd. | 0.34% | 0.33% | -0.01% |
| SBI Cards And Payment Services Ltd. | 0.28% | 0.29% | +0.01% |
| Central Mine Planning & Design Institute Ltd. | 0.22% | 0.22% | -0.01% |
| GSPL Transmission Ltd. | 0.18% | 0.18% | 0.00% |
| Indraprastha Gas Ltd. | 0.28% | 0.28% | 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 | ₹3,322 Cr | 2.12% | -2.2% | 6.6% | 18.6% |
 SBI PSU Fund | ₹6,703 Cr | 1.94% | -4.9% | 6.5% | 18.9% |
 Aditya Birla Sun Life PSU Equity Fund | ₹6,073 Cr | 1.88% | -0.3% | 6.6% | 18.2% |
 Quant PSU Fund | ₹431 Cr | 3.56% | 2.3% | — | — |
 Kotak BSE PSU Index Fund | ₹80.52 Cr | 1.11% | -6.0% | — | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related securities of Public Sector Undertakings (PSUs).
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 months3.56% absolute | ₹60,000 | ₹62,136 | 3.56% | |
| 1 year5.38% annualised | ₹1,20,000 | ₹1,23,555 | 2.96% | |
| 3 years18.77% annualised | ₹3,60,000 | ₹4,85,995 | 35.00% |
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 PSU Equity Fund?
The NAV of ICICI Prudential PSU Equity Fund is ₹21.53 as on 25 Sep 2026.
What is the expense ratio of ICICI Prudential PSU Equity Fund?
The expense ratio of ICICI Prudential PSU Equity Fund is 2.33% per year.
What is the minimum SIP amount for ICICI Prudential PSU Equity Fund?
You can start a SIP in ICICI Prudential PSU Equity Fund with ₹3,000 a month.
Is there a lock-in or exit load on ICICI Prudential PSU Equity Fund?
Lock-in: None. Exit load: Exit Load 1% if redeem before 1 month from the date of allotment..
How risky is ICICI Prudential PSU Equity Fund?
ICICI Prudential PSU Equity Fund is rated Very High on the SEBI riskometer and belongs to the Thematic-PSU category.
Which fund house manages ICICI Prudential PSU Equity Fund?
ICICI Prudential PSU Equity Fund is managed by ICICI Prudential Mutual Fund, which runs 109 schemes with ₹11,76,218 Cr under management.