ICICI Prudential Mutual Fund · Direct Growth · SEBI Category: Equity
ICICI Prudential Banking and Financial Services Fund is India's largest banking sector fund by AUM — a position reflecting ICICI Prudential's natural expertise in financial sector investing given its parent ICICI Bank's position as one of India's largest private banks. The fund invests 80%+ in equity of banking and financial services companies — including private and public sector banks, NBFCs, insurance companies, broking firms, payment companies and housing finance companies.
The fund benefits from ICICI Pru's deep research capabilities in the financial sector and its proximity to banking sector management through the ICICI Group ecosystem. Roshan Chutkey's specialist focus on financial services means the portfolio is managed by someone who understands the sector's unique accounting, regulatory and business model nuances that generalist fund managers may miss.
Roshan Chutkey is Fund Manager at ICICI Prudential Mutual Fund and manages the ICICI Prudential Banking and Financial Services Fund. He specialises in the financial services sector — bringing deep understanding of banking economics, credit cycles, regulatory dynamics and insurance business models. His research-intensive approach to financial sector investing benefits from ICICI Pru's extensive research infrastructure and proximity to the financial sector ecosystem.
For current co-manager details and full biography, refer to the latest ICICI Prudential Mutual Fund factsheet on AMFI or the AMC website.
Informational points to help you form your own view — not judgements or recommendations.
Live data. Current fund highlighted. Click any fund name for full analysis.
| Fund | NAV | AAUM | 1Y Return | 3Y CAGR | 5Y CAGR | Sharpe (3Y) |
|---|---|---|---|---|---|---|
| ICICI Prudential Banking and Financial Services Fund ▲ | ₹141.42 | ₹10.6K Cr Jan–Mar 2026 | -5.8% | +10.5% p.a. | +10.1% p.a. | 0.43 |
| SBI Banking and Financial Services Fund | ₹47.05 | ₹10.2K Cr Jan–Mar 2026 | +1.8% | +16.6% p.a. | +13.0% p.a. | 0.71 |
| Nippon India Banking and Financial Services Fund | ₹670.50 | ₹7.4K Cr Jan–Mar 2026 | -1.9% | +13.5% p.a. | +14.0% p.a. | 0.62 |
| Aditya Birla Sun Life Banking and Financial Services Fund | ₹66.74 | ₹3.5K Cr Jan–Mar 2026 | -1.2% | +12.1% p.a. | +11.4% p.a. | 0.48 |
| Tata Banking and Financial Services Fund | ₹48.64 | ₹3.1K Cr Jan–Mar 2026 | -1.5% | +13.2% p.a. | +12.5% p.a. | 0.58 |
Calculated from 2,566 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.
1M / 3M / 6M / 1Y — simple point-to-point return · 3Y / 5Y / 10Y — CAGR (compounded annual growth rate)
Based on all rolling windows in full NAV history. Dates show the start and end of each period.
Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.
Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →
How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.
Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.
Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →
Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.
See how ICICI Prudential Banking and Financial Services Fund ranks against other Equity funds on returns, drawdown, Sharpe ratio and AAUM — side by side.
New fund analysis, articles and market insights — no spam, no selling. Unsubscribe anytime.
Found this useful? Share it
Found an error? Have a suggestion? We read every response.