ICICI Prudential Banking and Financial Services Fund
ICICI Prudential Banking and Financial Services Fund
Sectoral-Banking & Financial ServicesRank #64
2/5
NAV (2026-08-28)
₹131.92
AUM
₹11,229.41 Cr
Exp. Ratio: 1.93%
RISK LEVEL
Very High
Returns & Performance
1 Year1.21%10.75% vs cat avgRank #63
3 Year10.24%2.96% vs cat avgRank #22
5 Year9.91%3.39% vs cat avgRank #19
Since Launch15.38%3.46% vs cat avg
Fund vs Category Average
1Y
1.21%-10.75%
3Y
10.24%-2.96%
5Y
9.91%-3.39%
Pros & Cons
Pros
✔No lock-in period
Cons
✖1Y returns trail category average
✖3Y returns below category average
✖5Y returns below category average
✖Higher expense ratio (1.93%)
✖1Y category rank outside top 15 (#63)
✖Overall rank #64 in category
✖Returns since launch below category avg
ISININF109K01BU5
NAV₹131.92
NAV Date2026-08-28
AUM₹11,229.41 Cr
Expense Ratio1.93%
RiskVery High
Rating2 / 5
Min SIP Amount₹100
Max SIP Amount₹999999999
Min Additional Inv.₹1000
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.1993-10-12
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.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Antariksha Banerjee
PGDM (MBA) S. P. Jain Institute of Management & Research, Mumbai
He joined ICICI Prudential AMC, he has been part of the Research team of the AMC.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of ICICI Prudential Banking and Financial Services Fund is ₹131.92 as of 2026-08-28.
ICICI Prudential Banking and Financial Services Fund is classified as a Sectoral-Banking & Financial Services fund.
The Assets Under Management (AUM) of ICICI Prudential Banking and Financial Services Fund is ₹11,229.41 Cr.
The expense ratio of ICICI Prudential Banking and Financial Services Fund is 1.93%.
ICICI Prudential Banking and Financial Services Fund is managed by Antariksha Banerjee.
The minimum SIP investment for ICICI Prudential Banking and Financial Services Fund is ₹100.
As per the SEBI Riskometer, ICICI Prudential Banking and Financial Services Fund carries a Very High risk level.
ICICI Prudential Banking and Financial Services Fund has delivered 1.21% (1Y), 10.24% (3Y) and 9.91% (5Y) annualised returns as of 2026-08-28.
ICICI Prudential Banking and Financial Services Fund was launched on 1993-10-12.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
