Fundalysisby DARKHORSESTOCKS

Scheme

ICICI Prudential Banking Financial Services Fund

Holds 50 companies worth ₹10,459 Cr in Sept 2026.

  • Fund house

    ICICIThe fund house that runs this scheme.

  • AUM

    ₹10,774 CrICICI Prudential Banking Financial Services Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 4.9% on Aug 2026, ₹11,331 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 13.8% of this scheme's NAV.

  • Fund manager

    Antariksha BanerjeeRuns it since 2 Mar 2026, as the fund house dates it. With Sharmila D'silva (overseas).

Overview(31 Aug 2026)

Fund managers2

  1. Antariksha BanerjeeFund manager · Mar 2026 · 8y · MBA PGDM
  2. Sharmila D'silvaOverseas · Aug 2026
  1. Sharmila D'melloMar 2026 – Aug 2026

Key facts

Benchmark
NIFTY Financial Services TRI
Risk
Very High
Expense
Regular 1.48% · Direct 0.88%
Exit load
1% within 15 days
Started
22 Aug 2008
Minimum
₹5,000

Source.Its Scheme Summary Document as of 31 Aug 2026 at AMFI.

What changed(5 changes)

Aug 2026

5 changes
  1. Sharmila D'silva joined
    31 Augfor overseas investments
  2. Sharmila D'mello left
    31 Augran it for overseas investments from Mar 2026
  3. Expense ratio
    31 AugRegular 1.79% → 1.48%Direct 1.02% → 0.88%
  4. Renamed
    31 AugICICI Prudential Banking and Financial Services Fund → ICICI Prudential Banking & Financial Services Fund
  5. Category
    31 AugEquity - Sectoral/Thematic → Equity - Sectoral

Source.Its filings at NSE, since Mar 2026.

Fund managers over time(Mar 2026 – now)

  1. Antariksha Banerjee
  2. Sharmila D'silva
  3. Sharmila D'mello
MainCoSlice
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Mar 2026 – Aug 2026)

Every change to the expense ratio, newest first.
2 changesRegularDirectΔ pt
31 Aug 20261.48%0.88%0.14
5 Mar 20261.79%1.02%–
Direct plan, 31 Aug 2026
0.88%
Regular plan 1.48% · Exit load 1% within 15 days
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(31 Aug 2026)

Objective

To generate long-term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services. However there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
Open Ended
Benchmark
NIFTY Financial Services TRI
Benchmark 2
Nifty 50 TRI

Asset allocation it may hold% of NAV

  1. Equity & Equity related securities of companies engaged in Banking and Financial Services Sector
    Allowed80–100%
  2. Other Equity & equity related Instruments
    Allowed0–20%
  3. Money market instruments, other liquid instruments^, Units of Overnight funds, Liquid funds and Money Market funds
    Allowed0–20%
  4. Units issued by InVITs
    Allowed0–10%Holds0.0%

Holds in Sept 2026.97.1% equity · 2.9% debt and cash

How to invest(31 Aug 2026)

Buying

To start
₹5,000, then in multiples of ₹1
To add
₹1,000, then in multiples of ₹1
SIP how often
Daily,Weekly,Fortnightly,Monthly,Quarterly
SIP dates
Daily = Daily (only business days) Weekly = Anyday (Monday to Friday)* Fortnightly = 1st and 16th day of each month as applicable Monthly = Any day* Quarterly = Any day* *In case the date chosen for SIP falls on a Non-Business Day or on a date which is not available in a particular month, the SIP will be processed on the immediate next Business Day.
SIP minimum
Daily,Weekly,Fortnightly,Monthly = Rs. 100 Quarterly = Rs. 5,000, then re. 1/-
SIP instalments
Daily,Weekly,Fortnightly,Monthly = 6 Quarterly = 4

Selling and switching

To redeem
Any amount
Switch minimum
₹5,000
Switch multiples
Any amount
STP how often
Daily,Weekly,Fortnightly, Monthly,Quarterly
STP dates
Daily = Daily (only business days) Weekly = Anyday (Monday to Friday)* Fortnightly = 1st and 16th day of each month as applicable Monthly = Any day* Quarterly = Any day* *In case the date chosen for STP falls on a non-business day or on a day which is not available in a particular month, the STP will be processed on the immediate next business day.
STP minimum
Monthly, Weekly, Fortnightly,Quarterly = Rs. 1,000 Daily = Rs. 250, then re. 1/-
STP instalments
Daily,Weekly,Fortnightly,Monthly = 6 Quarterly = 4
SWP how often
Monthly,Quarterly, Half Yearly,Annual
SWP dates
Monthly = Any day* Quarterly= Any day* Half Yearly = Any day* Annual = Any day* *In case none of the frequencies has been selected then Monthly frequency shall be considered as the Default frequency and where no withdrawal date is selected, 1st business day of the month shall be considered as the default SWP date.
SWP minimum
Any amount, then re. 1
SWP instalments
Monthly,Quarterly, Half Yearly,Annual = 2

Scheme details(31 Aug 2026)

What it is

Category
Equity - Sectoral
Offer
9 Jul 2008 to 7 Aug 2008
Started
22 Aug 2008
Reopened
25 Aug 2008
Plans
ICICI Prudential Banking & Financial Services Fund - Direct Plan - Growth · ICICI Prudential Banking & Financial Services Fund - Direct Plan - IDCW · ICICI Prudential Banking & Financial Services Fund - Growth · ICICI Prudential Banking & Financial Services Fund - IDCW
Face value
₹10
Listed
No

How it is run

Swing pricing
No
Side-pocketing
Enabling provisions for Segregated Portfolio are available
Custodian
HDFC Bank Limited, SBI-SG Global Securities Services Pvt. Ltd., Citibank N. A., and Hongkong and Shanghai Banking Corporation Limited (HSBC) are acting as Custodians for the Scheme.
Auditor
BSR & Co. LLP
Registrar
Computer Age Management Services Limited
SEBI code
ICIC/O/E/SEC/08/03/0032