ICICI Prudential Banking and PSU Debt Fund
ICICI Prudential Mutual Fund · Banking & PSU · Direct plan, growth option
NAV (₹), 1 Oct 2026
36.4836
1-day change
-0.04%
1Y return
5.3%
3Y CAGR
7.2%
5Y CAGR
6.6%
Max drawdown, 5Y
−0.7%
NAV history month-end NAV, ₹ · 14 Mar 2013 to 1 Oct 2026
Returns vs Banking & PSU median (20 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | 0.1% | 0.1% |
| 3 months | 0.4% | 0.4% |
| 6 months | 3.2% | 3.0% |
| Year to date | 3.5% | 3.4% |
| 1 year | 5.3% | 4.7% |
| 3 years (CAGR) | 7.2% | 7.1% |
| 5 years (CAGR) | 6.6% | 6.2% |
| 7 years (CAGR) | 7.0% | 6.8% |
| 10 years (CAGR) | 7.2% | 7.1% |
| Since first NAV (CAGR) | 8.0% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 8.1% | 7.8% |
| 3Y rolling median | 8.0% | 7.7% |
| 3Y rolling worst | 5.6% | 4.7% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 7.5% | 7.3% |
| 5Y rolling worst | 6.5% | 6.0% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 1.5% | 1.6% |
| Sharpe ratio | 0.34 | 0.28 |
| Sortino ratio | 0.55 | 0.45 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −2.9% | −3.0% |
| Maximum drawdown, last 10Y | −2.9% | −3.1% |
| Maximum drawdown, last 5Y | −0.7% | −1.1% |
| Current drawdown | −0.3% | −0.3% |
| Recovery time of worst fall | 31 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 0.74% a year and the Direct plan's 0.40%, a gap of 0.34%; over the last 3 years the Direct plan returned 0.36 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹8,77,608.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Rohit Lakhotia | Comanage | 12 Jun 2023 |
| Manish Banthia | Comanage | 13 Sep 2024 |
Objective: To generate income through predominantly investing in Debt instruments of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds while maintaining the optimum balance of yield, safety and liquidity. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Stated asset allocation: • Debt instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds = 80% - 100% • Debt and money market securities (including government securities) issued by entities other than banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds. = 0% - 20%
Benchmark (tier 1): Nifty Banking and PSU Debt Index A-II
Minimum application: Rs. 500
Allotment date: 12 Jun 2009
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.40% | 0.36% |
| AUM, whole scheme (₹ crore) | 8,041 | 2,863 |
| Riskometer | Moderate | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 5.4% | 4.4% TRI |
| Return, 3 years (AMFI) | 7.2% | 6.6% TRI |
| Return, 5 years (AMFI) | 6.6% | 5.6% TRI |
| Month-ends above category median (3Y CAGR) | 73% | 44% median |
| Month-ends in category top quartile (3Y) | 65% | 23% median |
| 7Y rolling CAGR, median (monthly windows) | 7.7% | 7.5% median |
Official benchmark: NIFTY Banking & PSU Debt Index A-II (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Banking & PSU Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 3.5% | n/a | – |
| 2025 | 8.0% | n/a | – |
| 2024 | 8.2% | n/a | – |
| 2023 | 7.7% | n/a | – |
| 2022 | 4.7% | n/a | – |
| 2021 | 4.7% | n/a | – |
| 2020 | 9.8% | n/a | – |
| 2019 | 10.6% | n/a | – |
| 2018 | 6.1% | n/a | – |
| 2017 | 5.9% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,23,221 | 5.0% |
| 3 years | ₹3,60,000 | ₹3,97,488 | 6.5% |
| 5 years | ₹6,00,000 | ₹7,14,313 | 6.9% |
| 10 years | ₹12,00,000 | ₹17,22,150 | 7.0% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
Category: Banking & PSU
Plan / option: Direct · Growth
AMFI scheme code: 120256
ISIN: INF109K010A6
First NAV in MFIC data: 14 Mar 2013
History: 13.5 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| ICICI Prudential Corporate Bond Fund | Corporate Bond | 0.99 | 7.3% |
| ICICI Prudential Short Term Fund | Short Duration | 0.97 | 7.7% |
| HSBC Banking and PSU Debt Fund | Banking & PSU | 0.96 | 6.9% |
| HDFC Banking and PSU Debt Fund | Banking & PSU | 0.96 | 7.0% |
| Bajaj Finserv Banking and PSU Debt Fund | Banking & PSU | 0.95 | n/a |
| HDFC Corporate Bond Fund | Corporate Bond | 0.95 | 6.9% |
Questions about ICICI Prudential Banking and PSU Debt Fund
- What is the latest NAV of ICICI Prudential Banking and PSU Debt Fund?
- The NAV of the Direct plan (growth option) was ₹36.4836 on 1 Oct 2026, as published by AMFI.
- Which category is ICICI Prudential Banking and PSU Debt Fund in?
- It is classified as Banking & PSU in AMFI's daily NAV file. MFIC compares it with 20 Banking & PSU schemes (Direct plans).
- What returns has ICICI Prudential Banking and PSU Debt Fund delivered?
- Over one year the NAV changed by 5.3%. The 3-year CAGR is 7.2% (category median 7.1%) and the 5-year CAGR is 6.6% (category median 6.2%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 8.0%, the lowest was 5.6%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in ICICI Prudential Banking and PSU Debt Fund's NAV?
- The largest peak-to-trough fall in its available history was 2.9%; within the last five years it was 0.7% (category median 1.1%).
- How volatile is ICICI Prudential Banking and PSU Debt Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 1.5%, which is below the Banking & PSU category median of 1.6%.
- What would a monthly SIP in ICICI Prudential Banking and PSU Debt Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,14,313 on 1 Oct 2026, an annualised return (XIRR) of 6.9%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of ICICI Prudential Banking and PSU Debt Fund?
- The total expense ratio of the Direct plan is 0.40% a year, as disclosed to AMFI (median of Banking & PSU Direct plans: 0.36%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is ICICI Prudential Banking and PSU Debt Fund?
- Assets under management of the whole scheme were ₹8,041 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of ICICI Prudential Banking and PSU Debt Fund?
- AMFI lists the scheme's riskometer as “Moderate”, and its benchmark's as “Low to Moderate”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of ICICI Prudential Banking and PSU Debt Fund and how has it compared?
- Its official benchmark is the NIFTY Banking & PSU Debt Index A-II. Over 3 years AMFI reports a return of 7.2% for this plan against 6.6% for the benchmark total return index; over 5 years 6.6% against 5.6%. Past performance does not indicate future results.
- How often has ICICI Prudential Banking and PSU Debt Fund beaten its category?
- At 73% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Banking & PSU schemes (Direct plans); it was in the top quarter at 65% of them. A typical scheme would show about 50%.
- Who manages ICICI Prudential Banking and PSU Debt Fund?
- According to its Scheme Summary Document, ICICI Prudential Banking and PSU Debt Fund is managed by Rohit Lakhotia (since 12 Jun 2023), Manish Banthia (since 13 Sep 2024).
- What is the minimum investment in ICICI Prudential Banking and PSU Debt Fund?
- The minimum application amount is Rs. 500.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 5.3% and the Regular plan's by 4.9%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
Integrato's team can walk you through how your current schemes have behaved, using the same data shown here. Integrato is an AMFI-registered Mutual Fund Distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.