HealthyDirect · GrowthFit for a long SIP
ICICI Prudential Banking and PSU Debt Fund
ICICI Prudential Mutual FundIncome/Debt Oriented Schemes - Banking and PSU Debt Fund13.6 years
- NAV
- 36.333
- 30 Oct 2026
- 1Y
- +4.1%
- Trailing CAGR
- AUM
- ₹8,041.39 Cr
- 30 Sept 2026
- Volatility
- Low
- 1.7% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · The fund beat the category median in 76% of rolling 3-year windows.
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Buy checklist
History depth
Pass
13.6 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.40% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -2.9%. Ask whether you can hold through a similar fall.
Vs category
Pass
76% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 33.0% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+4.1%
- 3Y+6.9%
- 5Y+6.5%
- 10Y+7.1%
- SI+7.9%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+3.4%
- 3Y+5.9%
- 5Y+6.6%
- 10Y+6.8%
- Since inception
- +7.9%
- Calendar-day CAGR
- Excess 1Y
- +0.3%
- Category median, same plan and option
- 3Y win rate
- +76%
- Windows beating the median
- 3Y percentile
- 46
- Vs comparable share classes
- SIP 3Y XIRR
- +5.9%
- Simulated monthly SIP
- Worst rolling 3Y
- +5.6%
- 2573 daily-ending windows
- Median rolling 3Y
- +8.0%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2090 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -2.9%
- Worst peak-to-trough
- Current
- -0.7%
- Below last peak
- Current spell
- 51 days
- Days below latest peak
- Time below peak
- +47%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 5 days
- 340 recovered episodes
- Longest recovery
- 85 days
- Trough to prior peak
6 Mar 2020 – 23 Apr 2020
Trough 23 Mar 2020 · recovered in 31 days
-2.9%
6 Jun 2013 – 17 Oct 2013
Trough 24 Jul 2013 · recovered in 85 days
-2.5%
24 Nov 2016 – 2 Feb 2017
Trough 27 Dec 2016 · recovered in 37 days
-1.6%
7 Feb 2017 – 31 Mar 2017
Trough 10 Mar 2017 · recovered in 21 days
-1.4%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
46
Vs category
52
Consistency
70
Risk-adjusted
85
Drawdown
93
Mean
69
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 76% of rolling 3-year windows.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 95 holdings · top 10 are 33.0%.
- Top 5
- 19.6%
- Top 10
- 33.0%
- Largest holding
- 4.7%
- Effective holdings
- 49.6
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25E 7.53 BD 24MR28 FVRS1LAC
Financial
4.7%
Repo
Unspecified
4.0%
LIC HOUSING FINANCE LTD TR 454 7.58 NCD 23MR35 FVRS1LAC
Financial
4.0%
GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100
Entities
3.6%
Others IRS
Unspecified
3.4%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Nippon India Banking and PSU Debt Fund
Nippon India Mutual Fund
- 1Y
- +3.8%
- 3Y
- +6.9%
- Vol
- 1.7%
- Max DD
- -3.2%
- Sharpe
- 0.94
- 3Y win
- +82%
- Lower volatility
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown
LIC MF Banking & PSU Debt Fund
LIC Mutual Fund
- 1Y
- +4.3%
- 3Y
- +7.1%
- Vol
- 1.2%
- Max DD
- -2.8%
- Sharpe
- 1.21
- 3Y win
- +32%
- Lower volatility
- Shallower drawdown
- Lower TER
- Higher trailing returns
Sundaram Banking and PSU Debt Fund (Formerly Known as Sundaram Banking and PSU Fund)
Sundaram Mutual Fund
- 1Y
- +9.1%
- 3Y
- n/a
- Vol
- 1.3%
- Max DD
- -0.5%
- Sharpe
- 1.83
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Lower TER
- Higher trailing returns
Aditya Birla Sun Life Banking & PSU Debt Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +3.5%
- 3Y
- +6.7%
- Vol
- 1.6%
- Max DD
- -3.0%
- Sharpe
- 1.35
- 3Y win
- +84%
- Lower volatility
- Higher win rate vs category
Caveat: Deeper drawdown · Higher TER · Lower trailing returns
Axis Banking and PSU Debt Fund
Axis Mutual Fund
- 1Y
- +3.9%
- 3Y
- +6.7%
- Vol
- 1.3%
- Max DD
- -2.8%
- Sharpe
- 1.28
- 3Y win
- +37%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns