GMP IPO Watch
Debt Scheme - Banking and PSU Fund
ICICI Prudential Banking and PSU Debt Fund
Direct Plan · Growth · ICICI Prudential Mutual Fund
Risk: Moderate Risk
★★★★★
Morningstar
52W Low ₹34.92 4 Nov 2025
52W High ₹36.58 9 Sept 2026
₹36.5417
NAV as of 4 Nov 2026
+0.26% day change
Other Plans of This Fund
Direct Plan · Daily IDCW
Direct Plan · Quarterly IDCW
Direct Plan · Weekly IDCW
Direct plan · Bonus
Direct plan · Half Yearly - IDCW Payout
Regular Plan · Daily IDCW
Regular Plan · Growth
Regular Plan · Quarterly IDCW
Regular Plan · Weekly IDCW
Bonus
Daily Dividend
Growth
Half Yearly - IDCW Payout
Weekly Dividend
ISININF109K010A6
Scheme Code120256
StructureOpen Ended Schemes
AUM (avg. July - September 2026)₹6,153.18 Cr
Expense Ratio (as of 3 Nov 2026)0.40%
Min. Investment₹5,000
Inception Date28 Dec 2009
BenchmarkNifty Banking and PSU Debt Index A-II · NA
Portfolio Turnover96.78%
NFO Period28 Dec 2009 – 29 Dec 2009
Returns
1Y
+4.63%
3Y
+7.02%
5Y
+6.57%
7Y
+6.87%
10Y
+7.15%
Since Inception
+7.94%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.73% | +0.43% | 1 of 20 |
| 1M | +0.16% | +0.12% | 9 of 20 |
| 3M | +0.29% | +0.24% | 11 of 20 |
| 6M | +2.64% | +2.22% | 9 of 20 |
| YTD | +3.67% | +3.02% | 7 of 20 |
| 1Y | +4.63% | +3.54% | 4 of 20 |
| 2Y | +6.45% | +5.15% | 5 of 20 |
| 3Y | +7.02% | +5.71% | 7 of 19 |
| 5Y | +6.57% | +5.34% | 3 of 17 |
| 7Y | +6.87% | +5.51% | 4 of 15 |
| 10Y | +7.15% | +5.78% | 5 of 14 |
| INCEPTION | +7.94% | — | — |
Ranked among: Debt Scheme - Banking and PSU Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.94% | +5.97% | -1.39% | 98% | 40% |
| 6M | +3.93% | +9.34% | +0.49% | 100% | 41% |
| 1Y | +8.08% | +14.66% | +3.36% | 100% | 43% |
| 2Y | +8.07% | +11.98% | +4.54% | 100% | 43% |
| 3Y | +8.00% | +11.65% | +5.60% | 100% | 43% |
| 5Y | +7.80% | +9.36% | +6.41% | 100% | 43% |
| 7Y | +7.90% | +9.50% | +6.77% | 100% | 43% |
| 10Y | +7.92% | +8.34% | +7.05% | 100% | 43% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity0.00%
- Debt95.95%
- Cash4.05%
- Other0.00%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings95
Top 5 Stocks0.00%
Top 10 Stocks0.00%
Top 3 Sectors0.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| NABARD | Debt | 4.65% | +0.33% |
| TREPS | Reverse Repo / TREPS | 4.05% | — |
| LIC Housing Finance Ltd. ** | Debt | 4.03% | +0.29% |
| 690GOI65 | SOV | 3.56% | +0.22% |
| Power Finance Corporation Ltd. ** | Debt | 3.08% | +0.22% |
| GOI LOAN 6.94% 2036 | SOV | 2.81% | +1.92% |
| Rural Electrification Corporation Ltd. | Debt | 2.78% | -0.09% |
| Power Finance Corporation Ltd. ** | Debt | 2.46% | +0.17% |
| HDFC Bank Ltd.( Tier II Bond under Basel III ) ** | Debt | 2.24% | +0.15% |
| Mahanagar Telephone Nigam Ltd. ** | Debt | 2.14% | +0.15% |
| SST-7.80%-28-9-30-PTC | Debt | 2.08% | -0.21% |
| HDFC Bank Ltd. ** | Debt | 1.89% | +0.13% |
| HDFC Bank Ltd. ** | Debt | 1.89% | +0.13% |
| Rural Electrification Corporation Ltd. ** | Debt | 1.86% | +0.13% |
| Small Industries Development Bank Of India. ** | Debt | 1.83% | +0.12% |
View all 97 holdings
| SST-7.73%-28-9-29-PTC | Debt | 1.78% | +0.07% |
| NABARD | Debt | 1.56% | -1.33% |
| Export-Import Bank Of India ** | Debt | 1.55% | +0.11% |
| Power Finance Corporation Ltd. ** | Debt | 1.55% | +0.11% |
| NABARD | Debt | 1.55% | +0.11% |
| Small Industries Development Bank Of India. ** | Debt | 1.54% | +0.11% |
| Small Industries Development Bank Of India. ** | Debt | 1.54% | +0.11% |
| HDFC Bank Ltd. ** | Debt | 1.53% | +0.10% |
| HDFC Bank Ltd. ** | Debt | 1.53% | +0.10% |
| Small Industries Development Bank Of India. ** | Debt | 1.52% | +0.11% |
| Small Industries Development Bank Of India. ** | Debt | 1.52% | +1.25% |
| 757MPSDL45 | SOV | 1.47% | +0.08% |
| 734GOI2064 | SOV | 1.42% | +0.09% |
| Axis Bank Ltd. ** | Debt | 1.33% | +0.10% |
| GS22SEP33 | SOV | 1.30% | +1.28% |
| Rural Electrification Corporation Ltd. ** | Debt | 1.27% | +0.09% |
| NABARD ** | Debt | 1.24% | +0.09% |
| Rural Electrification Corporation Ltd. ** | Debt | 1.24% | +0.09% |
| Housing and Urban Development Corporation Ltd. ** | Debt | 1.23% | +0.08% |
| Housing and Urban Development Corporation Ltd. ** | Debt | 1.22% | +0.08% |
| SDL MP 7.57% 2043 | SOV | 1.20% | +0.06% |
| Small Industries Development Bank Of India. | Debt | 1.11% | +0.08% |
| Export-Import Bank Of India ** | Debt | 1.05% | +0.07% |
| Mahanagar Telephone Nigam Ltd. ** | Debt | 1.00% | +0.08% |
| Rural Electrification Corporation Ltd. ** | Debt | 0.99% | +0.07% |
| Tata Capital Ltd. ** | Debt | 0.99% | +0.07% |
| Power Finance Corporation Ltd. ** | Debt | 0.96% | +0.07% |
| Small Industries Development Bank Of India. ** | Debt | 0.93% | +0.06% |
| NABARD | Debt | 0.92% | +0.06% |
| HDFC Bank Ltd. ** | Debt | 0.92% | +0.35% |
| Export-Import Bank Of India | Debt | 0.92% | +0.06% |
| Small Industries Development Bank Of India. | Money Market | 0.88% | — |
| IUTA1-8.20%-20-9-30-PTC | Debt | 0.87% | +0.05% |
| HDFC Bank Ltd. ** | Debt | 0.83% | +0.06% |
| Citicorp Finance (India) Ltd. ** | Debt | 0.81% | +0.06% |
| PFCL-7.85%-3-4-28-PVT | Debt | 0.67% | +0.05% |
| Rural Electrification Corporation Ltd. ** | Debt | 0.64% | +0.05% |
| Mahindra & Mahindra Financial Services Ltd. ** | Debt | 0.62% | +0.04% |
| Rural Electrification Corporation Ltd. | Debt | 0.62% | -0.10% |
| Housing and Urban Development Corporation Ltd. ** | Debt | 0.62% | +0.04% |
| NABARD ** | Debt | 0.62% | +0.04% |
| PFCL-7.41%-25-2-30-PVT | Debt | 0.61% | — |
| Mashreq Bank PSC India Branch ** | Money Market | 0.61% | +0.04% |
| SDL CG 7.4% 2035 | SOV | 0.60% | +0.03% |
| Bharat Sanchar Nigam Ltd. ** | Debt | 0.60% | +0.03% |
| Power Finance Corporation Ltd. ** | Debt | 0.60% | +0.03% |
| Union Bank Of India ** | Money Market | 0.60% | +0.05% |
| 712MHSDL38 | SOV | 0.58% | +0.03% |
| Small Industries Development Bank Of India. ** | Money Market | 0.58% | — |
| Small Industries Development Bank Of India. | Money Market | 0.58% | — |
| SDL TS 7.76% 2039 | SOV | 0.54% | +0.03% |
| 724GOI55 | SOV | 0.49% | +0.03% |
| 714MHSDL39 | SOV | 0.41% | +0.02% |
| Corporate Debt Market Development Fund (Class A2) | Financial Services | 0.39% | +0.03% |
| IUTAL2-8.17%-21-11-30-PTC | Debt | 0.35% | +0.02% |
| SDL CG 7.32% 2037 | SOV | 0.33% | +0.02% |
| Rural Electrification Corporation Ltd. ** | Debt | 0.32% | +0.02% |
| Housing and Urban Development Corporation Ltd. ** | Debt | 0.32% | +0.02% |
| PFC-7.75%-22-03-27-PVT | Debt | 0.31% | +0.02% |
| Power Finance Corporation Ltd. | Debt | 0.31% | +0.02% |
| ICICI Home Finance Company Ltd. ** | Debt | 0.31% | +0.02% |
| HDFC Bank Ltd. ** | Debt | 0.31% | — |
| Rural Electrification Corporation Ltd. ** | Debt | 0.31% | +0.02% |
| Power Finance Corporation Ltd. ** | Debt | 0.31% | — |
| HDFC Bank Ltd. ** | Debt | 0.30% | -0.26% |
| PFCL-7.20%-10-8-35-PVT | Debt | 0.30% | +0.02% |
| SDL KA 7.13% 2034 | SOV | 0.28% | +0.02% |
| 712MHSDL47 | SOV | 0.26% | +0.01% |
| Rural Electrification Corporation Ltd. ** | Debt | 0.25% | +0.02% |
| SDL BR 7.52% 2036 | SOV | 0.21% | +0.02% |
| IUTAL2-8.09%-21-11-27-PTC | Debt | 0.21% | -0.01% |
| IUTA1-8.12%-20-7-27-PTC | Debt | 0.19% | -0.03% |
| ICICI Bank Ltd. ** | Debt | 0.18% | +0.01% |
| Rural Electrification Corporation Ltd. ** | Debt | 0.18% | +0.01% |
| 709GOI54 | SOV | 0.09% | +0.01% |
| 727MAHSD36 | SOV | 0.08% | +0.01% |
| SDL WB 7.29% 2038 | SOV | 0.07% | +0.01% |
| Power Finance Corporation Ltd. ** | Debt | 0.06% | +0.00% |
| GOI LOAN 7.63% 2056 | SOV | 0.05% | — |
| GOI LOAN 6.68% 2040 | SOV | 0.00% | — |
| Government Securities | SOV | 0.00% | — |
| Net Current Assets | Money Market | -1.45% | — |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.47 | 1.27 | High Volatility |
| 3Y | 1.09 | 1.09 | Low Volatility |
| 5Y | 1.05 | 1.23 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.73 | -1.67 | Above Average |
| 3Y | 0.70 | -0.48 | Above Average |
| 5Y | 0.51 | -0.55 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 5.31 | 5.46 | Below Average |
| 3Y | 11.97 | 10.70 | Above Average |
| 5Y | 10.86 | 8.99 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.94 | 0.83 | Poor Risk Adjusted Returns |
| 3Y | 0.92 | 0.91 | Poor Risk Adjusted Returns |
| 5Y | 0.73 | 0.79 | Good Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
UTI Banking & PSU Debt Fund
Regular Plan · Growth
|
+5.52% | +7.16% | +7.52% | +6.99% |
|
Bandhan Banking and PSU Debt Fund
Direct Plan · Growth
|
+5.14% | +7.02% | +6.27% | +7.60% |
|
Franklin India Banking & PSU Debt Fund
Regular Plan · Growth
|
+5.08% | +7.02% | +6.12% | +7.31% |
|
SBI BANKING & PSU DEBT FUND
Regular Plan · Growth
|
+4.00% | +6.61% | +5.70% | +7.15% |
|
Kotak Banking and PSU Debt Fund
Regular Plan · Growth
|
+4.00% | +6.70% | +5.94% | +7.61% |
|
LIC MF Banking & PSU Debt Fund
Regular Plan · Daily IDCW
|
+3.97% | +2.92% | +1.95% | +0.89% |
|
Sundaram Banking and PSU Debt Fund (Formerly Known as Sundaram Banking and PSU Fund)
Regular Plan · GROWTH
|
+3.95% | +6.72% | +5.85% | +7.31% |
|
Bajaj Finserv Banking and PSU Debt Fund
Direct Plan · Growth
|
+3.94% | — | — | +7.04% |
|
Axis Banking and PSU Debt Fund
Regular Plan · Growth option
|
+3.91% | +6.51% | +5.84% | +7.41% |
|
Edelweiss Banking and PSU Debt Fund
Regular Plan · Growth
|
+3.74% | +6.71% | +5.72% | +7.02% |
More From ICICI Prudential Asset Management Company Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
ICICI Prudential Strategic Metal and Energy Equity Fund of Fund
Direct Plan · IDCW
|
+54.73% | +34.44% | — | +28.69% |
| ICICI PRUDENTIAL SILVER ETF | +26.35% | +36.57% | — | +24.10% |
|
ICICI Prudential Silver ETF FOF
Direct Plan · IDCW
|
+25.48% | +35.58% | — | +24.36% |
|
ICICI Prudential Nifty Pharma Index Fund
Direct Plan · IDCW
|
+22.53% | +22.50% | — | +21.44% |
|
ICICI Prudential Global Stable Equity Fund (FOF)
Direct Plan · Growth
|
+21.49% | +15.76% | +11.03% | +10.51% |
|
ICICI Prudential US Bluechip Equity Fund
Direct Plan · IDCW
|
+21.29% | +19.31% | +13.10% | +16.61% |
| ICICI Prudential Nifty Metal ETF | +19.46% | — | — | +16.41% |
|
ICICI Prudential Gold ETF FOF
Direct Plan · Growth
|
+17.38% | +30.99% | +23.18% | +10.56% |
| ICICI Prudential Gold ETF | +16.94% | +31.16% | +23.37% | +12.02% |
|
ICICI Prudential NASDAQ 100 Index Fund
Direct Plan · Growth
|
+15.77% | +28.57% | +17.30% | +18.04% |
About This Scheme
Investment 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%
Exit Load
Nil
Fund Managers
FM 1- Rohit Lakhotia, FM 2- Manish Banthia
FM 1- Commonage, FM 2- Commonage
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
ICICI Prudential Asset Management Company Limited website
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.