← ICICI Prudential Mutual Fund

ICICI Prudential Banking and Financial Services Fund - Direct Plan - Growth

Equity Data as of Mar 2026 Comparing Feb 2026 → Mar 2026
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Stocks Held
37
Mar 2026
Equity Holdings
₹8,190.24 Cr
Equity only, excl. debt & cash
Top 5 Weight
60.0%
High concentration
Top 10 Weight
75.4%
High concentration
Changes
56
14 new · 19 exits
Top Sector
Banks
64.7% of portfolio
📋 What Happened This Month ICICI Prudential Banking and Financial Services Fund made 14 new additions and exited 19 stocks this month. The biggest new buy was IndusInd Bank Limited (Banks) at 3.12% weight. Kotak Mahindra Bank Limited was the biggest exit (Banks), which was held at 5.00%. Among existing holdings, ICICI Bank Limited saw the biggest increase — now at 20.00% of the portfolio. SBI Cards and Payment Services Limited was trimmed the most, now at 0.93%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 64.7%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Jan 2026 Feb 2026
Sector Prev Curr Delta
Banks 53.8% 50.0% -3.9%
Finance 19.0% 23.2% +4.3%
Insurance 19.7% 19.5% -0.2%
Capital Markets 2.7% 3.0% +0.3%
Financial Technology (Fintech) 0.4% 0.4% 0.0%
Commercial Services & Supplies 0.3% 0.3% 0.0%
Feb 2026 Mar 2026
Sector Prev Curr Delta
Banks 50.0% 64.7% +14.7%
Insurance 19.5% 17.2% -2.4%
Finance 23.2% 5.7% -17.6%
Capital Markets 3.0% 3.2% +0.2%
Commercial Services & Supplies 0.3% 0.2% -0.1%
IT - Services 0.0% 0.1% +0.1%
Financial Technology (Fintech) 0.4% 0.0% -0.4%
🟢
Biggest New Buy
IndusInd Bank Limited
3.12% weight · Banks
🔴
Biggest Exit
Kotak Mahindra Bank Limited
5.00% was held · Banks
Biggest Add
ICICI Bank Limited
+5.95% · now 20.00%
Biggest Trim
SBI Cards and Payment Services Limited
-2.63% · now 0.93%
🤝 Other funds also bought this month
HDFC Asset Management Company Limited 59 funds
HDFC Asset Management Company Limited
quant BFSI Fund - Growth Option - Direct Plan
quant Aggressive Hybrid Fund-Growth Option-Direct Plan
Bandhan Nifty 200 Quality 30 Index Fund - Direct Plan - Growth + more
Muthoot Finance Limited 59 funds
Muthoot Finance Limited
SBI Nifty Midcap 150 Momentum 50 ETF
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF
Motilal Oswal Financial Services Fund- Direct Growth + more
The Federal Bank Limited 48 funds
The Federal Bank Limited
Mirae Asset Nifty Bank ETF
Bandhan Nifty Bank Index Fund - Direct Plan - Growth
HDFC NIFTY Bank ETF - GROWTH + more
Power Finance Corporation Limited 42 funds
Power Finance Corporation Limited
Mirae Asset Infrastructure Fund - Direct Plan - Growth
CANARA ROBECO INFRASTRUCTURE FUND - DIRECT PLAN - GROWTH OPTION
Quant Value Fund - Growth Option - Direct Plan + more
IndusInd Bank Limited 32 funds
IndusInd Bank Limited
Mirae Asset Nifty Bank ETF
Bandhan Nifty Bank Index Fund - Direct Plan - Growth
HDFC NIFTY Bank ETF - GROWTH + more
Karur Vysya Bank Limited 28 funds
Karur Vysya Bank Limited
HSBC Financial Services Fund - Direct Growth
HSBC Value Fund - Direct Growth
Bandhan Nifty Alpha 50 Index Fund - Direct Plan - Growth + more
👋 Other funds also exited
Kotak Mahindra Bank Limited 38 funds
Kotak Mahindra Bank Limited
HDFC NIFTY Private Bank ETF - Growth Option
ICICI Prudential Nifty Private Bank ETF
ICICI Prudential Nifty Private Bank Index Fund - Direct Plan - Growth + more
Bajaj Finance Limited 37 funds
Bajaj Finance Limited
ICICI Prudential Nifty Financial Services Ex-BaNk ETF
ICICI Prudential Nifty Top 15 Equal Weight ETF
ICICI Prudential Nifty Top 15 Equal Weight Index Fund - Direct Plan - Growth + more
Cholamandalam Investment and Finance Company Ltd 31 funds
Cholamandalam Investment and Finance Company Ltd
Invesco India Multicap Fund - Direct Plan - Growth Option
JioBlackRock Nifty Next 50 Index Fund - Direct Plan - Growth Option
Aditya Birla Sun Life BSE 500 Momentum 50 Index Fund-Direct Growth + more
Bajaj Housing Finance Limited 30 funds
Bajaj Housing Finance Limited
Kotak Nifty 100 Equal Weight Index Fund - Direct Plan - Growth
Kotak Nifty 100 Equal Weight ETF
Navi Nifty Next 50 Index Fund- Direct Plan- Growth + more
HDB Financial Services Limited 15 funds
HDB Financial Services Limited
ICICI Prudential Large & Mid Cap Fund - Direct Plan - Growth
Aditya Birla Sun Life Multi-Cap Fund-Direct Growth
UTI India Consumer Fund - Direct Plan - Growth Option + more
Angel One Limited 9 funds
Angel One Limited
ICICI Prudential Exports & Services Fund - Direct Plan - Growth
Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth Option
Motilal Oswal Large and Midcap Fund - Direct Plan Growth + more

What Changed?

Comparing Feb 2026 → Mar 2026

Feb 2026 Mar 2026
🟢 14 New Entries 🔴 19 Exits ↑ 10 Increased ↓ 13 Decreased
#StockSectorWeight (Mar 2026)
1
IndusInd Bank Limited
₹281.49 Cr
Banks 3.12%
2
Kotak Mahindra Bank Limited
₹254.29 Cr
Banks 2.82%
3
Muthoot Finance Limited
₹116.92 Cr
Finance 1.30%
4
Indian Energy Exchange Limited
₹99.35 Cr
Capital Markets 1.10%
5
City Union Bank Limited
₹79.43 Cr
Banks 0.88%
6
HDFC Asset Management Company Limited
₹71.23 Cr
Capital Markets 0.79%
7
The Federal Bank Limited
₹68.34 Cr
Banks 0.76%
8
Karur Vysya Bank Limited
₹58.90 Cr
Banks 0.65%
9
Go Digit General Insurance Limited
₹58.64 Cr
Insurance 0.65%
10
Power Finance Corporation Limited
₹51.09 Cr
Finance 0.57%
#StockSectorLast Weight (Feb 2026)
1
Kotak Mahindra Bank Limited
₹544.05 Cr
Banks 5.00%
2
Bajaj Finance Limited
₹286.41 Cr
Finance 2.63%
3
HDB Financial Services Limited
₹273.35 Cr
Finance 2.51%
4
Aptus Value Housing Finance India Limited
₹217.19 Cr
Finance 2.00%
5
Aavas Financiers Limited
₹151.33 Cr
Finance 1.39%
6
UTI Asset Management Company Limited
₹119.36 Cr
Capital Markets 1.10%
7
Medi Assist Healthcare Services Ltd
₹109.38 Cr
Insurance 1.00%
8
Repco Home Finance Limited
₹95.14 Cr
Finance 0.87%
9
Bajaj Holdings & Investment Limited
₹77.74 Cr
Finance 0.71%
10
Bajaj Housing Finance Limited
₹46.19 Cr
Finance 0.42%
#StockSectorFeb 2026Mar 2026Change
1
ICICI Bank Limited
₹1,801.61 Cr
Banks 14.05% 20.00% +5.95%
2
State Bank of India
₹636.10 Cr
Banks 4.34% 7.06% +2.72%
3
HDFC Bank Limited
₹1,709.57 Cr
Banks 16.47% 18.98% +2.51%
4
HDFC Life Insurance Company Limited
₹371.89 Cr
Insurance 3.44% 4.13% +0.69%
5
Axis Bank Limited
₹792.18 Cr
Banks 8.31% 8.79% +0.48%
6
Equitas Small Finance Bank Limited
₹42.47 Cr
Banks 0.16% 0.47% +0.31%
7
360 One WAM Limited
₹28.64 Cr
Capital Markets 0.24% 0.32% +0.08%
8
Star Health And Allied Insurance Company Limited
₹112.67 Cr
Insurance 1.19% 1.25% +0.06%
9
CSB Bank Limited
₹54.52 Cr
Banks 0.56% 0.61% +0.05%
10
ICICI Lombard General Insurance Company Limited
₹284.39 Cr
Insurance 3.14% 3.16% +0.02%
#StockSectorFeb 2026Mar 2026Change
1
SBI Cards and Payment Services Limited
₹83.44 Cr
Finance 3.56% 0.93% -2.63%
2
LIC Housing Finance Limited
₹84.50 Cr
Finance 3.36% 0.94% -2.42%
3
Can Fin Homes Limited
₹3.30 Cr
Finance 1.80% 0.04% -1.76%
4
PNB Housing Finance Limited
₹34.58 Cr
Finance 1.93% 0.38% -1.55%
5
ICICI Prudential Life Insurance Company Limited
₹45.18 Cr
Insurance 1.51% 0.50% -1.01%
6
SBI Life Insurance Company Limited
₹469.43 Cr
Insurance 6.06% 5.21% -0.85%
7
Bandhan Bank Limited
₹25.33 Cr
Banks 1.07% 0.28% -0.79%
8
Life Insurance Corporation Of India
₹10.61 Cr
Insurance 0.57% 0.12% -0.45%
9
Anand Rathi Wealth Limited
₹86.09 Cr
Capital Markets 1.27% 0.96% -0.31%
10
Bajaj Finserv Limited
₹55.33 Cr
Finance 0.91% 0.61% -0.30%

Full Portfolio

37 stocks — Mar 2026

# Stock Sector Cap Weight & Value
1
₹1,801.61 Cr
Banks
20.00%
2
₹1,709.57 Cr
Banks
18.98%
3
₹792.18 Cr
Banks
8.79%
4
₹636.10 Cr
Banks
7.06%
5
₹469.43 Cr
Insurance
5.21%
6
₹371.89 Cr
Insurance
4.13%
7
₹284.39 Cr
Insurance
3.16%
8
₹281.49 Cr
Banks
3.12%
9
₹254.29 Cr
Banks
2.82%
10
₹194.81 Cr
Insurance
2.16%
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🏦 ICICI Prudential Mutual Fund — Portfolio & Holdings
See all funds managed by ICICI Prudential Mutual Fund — conviction stocks, monthly entries & exits

Disclaimer: Data sourced from individual AMC monthly portfolio disclosures, as mandated by SEBI/AMFI. While we strive for accuracy, errors in parsing or presentation may occasionally occur. This is not investment advice. Please consult a SEBI-registered investment adviser before making any investment decisions.

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