Fundalysisby DARKHORSESTOCKS

Scheme

ICICI Prudential PSU Equity Fund

Holds 45 companies worth ₹1,718 Cr in Sept 2026.

  • Fund house

    ICICIThe fund house that runs this scheme.

  • AUM

    ₹1,755 CrICICI Prudential PSU Equity Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 5.2% on Aug 2026, ₹1,850 Cr.

  • Largest holding

    State Bank of IndiaState Bank of India is 17.6% of this scheme's NAV.

  • Fund manager

    Antariksha BanerjeeRuns its co-manager part since 29 Aug 2025, as the fund house dates it.

Overview(1 Sept 2026)

Fund managers1

  1. Antariksha BanerjeeCo-manager · Aug 2025 · 8y · MBA PGDM
  1. Anand SharmaSept 2022 – Aug 2025

Key facts

Benchmark
BSE PSU TRI
Expense
Regular 2.33% · Direct 1.28%
Exit load
1% within 1 month
Started
12 Sept 2022
Minimum
₹5,000

Source.Its Scheme Summary Document as of 1 Sept 2026 at AMFI.

What changed(4 changes)

Aug 2026

1 change
  1. Expense ratio
    31 AugRegular 2.08% → 2.33%Direct 0.87% → 1.28%

Aug 2025

3 changes
  1. Antariksha Banerjee joined
    29 Augas co-manager
  2. Anand Sharma left
    29 Augran it as co-manager from Sept 2022
  3. Expense ratio
    29 AugRegular 2.11% → 2.08%Direct 1.05% → 0.87%

Source.Its filings at NSE, since Apr 2025.

Fund managers over time(Sept 2022 – now)

  1. Antariksha Banerjee
  2. Anand Sharma
MainCoSlice2023202420252026
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(Apr 2025 – Sept 2026)

Every change to the expense ratio, newest first.
3 changesRegularDirectΔ pt
31 Aug 20262.33%1.28%0.41
29 Aug 20252.08%0.87%0.18
25 Apr 20252.11%1.05%–
Direct plan, 31 Aug 2026
1.28%
Regular plan 2.33% · Exit load 1% within 1 month
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(1 Sept 2026)

Objective

The objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of Public Sector Undertakings (PSUs). However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Risk, type and benchmark

At launch
Very High
Type
Open Ended
Benchmark
BSE PSU TRI

Asset allocation it may hold% of NAV

  1. Equity & Equity related instruments of Public Sector Undertakings
    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 2026.97.9% equity · 2.1% debt and cash

How to invest(1 Sept 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 beprocessed 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 date* Quarterly = Any date* *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(1 Sept 2026)

What it is

Category
Equity Scheme - Thematic Fund
Offer
23 Aug 2022 to 6 Sept 2022
Started
12 Sept 2022
Reopened
15 Sept 2022
Plans
ICICI Prudential PSU Equity Fund - Direct Plan - Growth · ICICI Prudential PSU Equity Fund - Direct Plan - IDCW · ICICI Prudential PSU Equity Fund - Regular Plan - Growth · ICICI Prudential PSU Equity Fund - Regular Plan - IDCW
Face value
₹10
Listed
No

How it is run

Swing pricing
No
Side-pocketing
Provisions for segregation of portfolio has been added as an enabler
Custodian
HDFC Bank Limited, SBI-SG Global Securities Services Pvt. Ltd., Citibank N. A., 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/THE/22/06/0154