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Product scoring may vary based on gender, age, policy tenure and sum assured.
Gender
Male
Age Group
The lowest age in the selected range is considered for price evaluation (e.g., 25 - 29)
30 - 34
Sum Assured
₹ 1Cr
Debt • Banking and PSU Fund • NIFTY Banking and PSU Debt Index
ICICI Pru Banking & PSU Debt Fund(G)-Direct Plan
1 Finance Rank:
02
021 Finance Score:
83100
Yield To Maturity Score
95
Quality & Diversification Score
93
Standard Deviation Score
62
Modified Duration Score
53
AUM Score
90
Historical Performance score
86
1 Finance Research updated as on March 2026 1 Finance Scores reflect a holistic assessment of fund performance, risk, and costs.
AUM
₹ 9,109 CrNAV
₹ 36.0367(As on 15-Jun-2026)Expense Ratio
0.39%(As on 31-May-2026)Investment Horizon
3 to 5 years
02
Debt • Banking and PSU Fund • NIFTY Banking and PSU Debt Index
ICICI Pru Banking & PSU Debt Fund(G)-Direct Plan
This fund ranks 2nd out of 22 funds in its category.
AUM₹ 9,109 Cr
NAV₹ 36.0367(As on 15-Jun-2026)
Expense Ratio0.39%(As on 31-May-2026)
Investment Horizon3 to 5 years
1 Finance Score: 83/100
Yield To Maturity Score
95
Quality & Diversification Score
93
Standard Deviation Score
62
Modified Duration Score
53
AUM Score
90
Historical Performance score
86
Fundamental Ratios
Modified Duration
7.64 yearsAverage Maturity
5.05 yearsYield To Maturity
7.64%Standard Deviation
0.05%Portfolio summary
Asset Allocation
Debt
Others
97%
3%
Credit Rating
AAA
74.59%
SOV
14.55%
AA
0.87%
Cash & Eqv.
0.36%
Others
9.63%
Top Holdings
| Holding Names | Assets (%) |
|---|---|
| National Bank For Agriculture & Rural Development SR 25E 7.53% (24-Mar-2028) | 4.64% |
| LIC Housing Finance Ltd. -SR-TR-454 07.58 (23-Mar-2035) | 3.55% |
| National Bank For Agriculture & Rural Development SR 25A 7.70% (30-Sep-2027) | 3.29% |
| 07.34% GOI - 22-Apr-2064 | 3.25% |
| Power Finance Corporation Ltd. SR-259A 06.96% (02-Mar-2028) | 2.98% |
*Portfolio summary is updated on April 2026.
*A strong-looking portfolio on paper may still clash with your needs. Make sure to align it with your needs and time horizon.
Peer comparison
| Fund List | 1 F score | Fund Size | Expense Ratio |
|---|
*1F Score is updated quarterly, expense ratio was updated on May 2026. CAGR is updated daily.
Pros and Cons
Pros
Potential for higher returns as the fund maintains a high Net Yield to Maturity (YTM).
Ability to significantly outperform benchmark returns.
High AUM often signifies stability and credibility, along with being well diversified.
Great track record of generating high returns by managing the portfolio dynamically.
Cons
High modified duration indicates higher sensitivity to interest rate changes, suggesting higher risk for the fund.
Should you invest?
Invest if you are :
- Those looking to invest in a high-quality portfolio for 3 to 5 years and are willing to accept a slightly lower returns, should consider this fund.
- Conservative investors should invest in this fund.
Avoid if you are :
- Moderate to high risk takers should avoid this fund.
*Most financial mistakes aren't about money — they're about personality. Find yours with MoneySign®
Taxation
If bought before April 1, 2023
- Less than or equal to 24 months: Short-Term Capital Gains (STCG) are taxed as per your applicable income tax slab.
- More than 24 months: Long-Term Capital Gains (LTCG) are taxed at 12.5% on gains.
If bought after April 1, 2023
- Taxed at applicable slab rates.
Scheme Details
Scheme Objective
- To generate income through predominantly investing in Debt instruments of banks, Public SectorUndertakings, Public Financial Institutions and Municipal Bonds while maintaining the optimum balance of yield, safety and liquidity.
Exit Load
- Nil
Minimum investment amount
Lumpsum
₹ 500 (open for subscription)
Other details
Founded In2013
Email Addressenquiry@icicipruamc.com
| Fund Manager Name | Total Exp. (Years) | No. of Funds Managed |
|---|---|---|
| Manish Banthia | 16 | 12 |
About ICICI Pru MF
- ICICI Prudential Mutual Fund is one of India’s largest and oldest asset management companies (AMCs), providing comprehensive equity, debt, and hybrid fund options with an investor-centric approach.
Don't chase past returns.
Build a portfolio for the future
Our Advisory Includes
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Frequently Asked Questions
Are debt funds risk-free?
No, debt funds aren’t entirely risk-free. They may be less volatile than equities, but carry risks like changing interest rates, credit, liquidity, concentration, and prepayment. Hence, as an investor, it is crucial you personalise your portfolio based on your financial personality, which includes your risk comfort and time horizon of your financial goals.
Is a higher yield-to-maturity (YTM) always better?
Not necessarily in every case. A higher yield-to-maturity (YTM) often implies a bond having lower credit ratings, possessing higher default risk. You must weigh YTM against your portfolio quality and your time horizon.
What’s best for an emergency fund?
An emergency fund requires saving 3-6 months of expenses, meaning planning for short-term goals. While debt funds like overnight or liquid funds are usually the preferred options due to their strong liquidity benefits, it is imperative for you to choose a fund that aligns with your financial personality.
Who can invest in debt funds?
Debt funds are suitable for investors who prefer easy liquidity, want low-risk investments, or aim for capital preservation.
Are debt funds better than equity funds?
A mutual fund scheme is designed with a specific purpose. Equity funds are for capital appreciation, while debt funds focus on capital preservation. It depends entirely on your personal finance goals, risk tolerance, and investment horizon. Choosing between debt and equity funds must align with what you want to achieve financially.
Disclaimer
The Information in the scoring and ranking model is provided solely for general information and educational purposes and shall not constitute any advice or recommendation. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully before investing. Past performance is not an indicator of future returns.
Don't chase past returns.
Build a portfolio for the future
Our Advisory Includes
- Portfolio diversification
- Mutual fund tax harvesting
- Fund overlap check & more