Loading…
Sectoral / Thematic · ICICI Prudential Mutual Fund · AMFI code 109445ICICI Prudential Banking & Financial Services Fund
Disclosed for 21 months, Jan 2025 to Sep 2026.
Portfolio value
₹10,951 Cr
down ₹203 Cr vs Dec 2025
- Stocks held
- 40
- unchanged
- Top 10 weight
- 71.4%
- of the portfolio in its ten largest
- Cash & debt
- 4.2%
- cash, money market and debt
- Moves this month
- 1 in · 1 out
- added to 10, trimmed 24
ICICI Prudential Banking & Financial Services Fund is an active equity fund in the Sectoral / Thematic category from ICICI Prudential Mutual Fund. In January 2026 it disclosed 40 stocks worth ₹10,951 Cr, down ₹203 Cr from Dec 2025. Its largest positions were HDFC Bank Limited (17.5%), ICICI Bank Limited (14.0%), Axis Bank Limited (9.7%); the ten largest together made up 71.4% of the portfolio, and Banks was the biggest sector at 56.2% of its equity. Cash and debt stood at 4.2%. Compared with Dec 2025 the fund entered 1 new stock and exited 1.
Against 229 other Sectoral / Thematic funds
Concentration
94%
Top-10 weight is higher than 94% of peers
Breadth
42%
Holds more stocks than 42% of peers
Cash
62%
Holds more cash than 62% of peers
What these mean: concentration · cash
Holdings in January 2026
Download CSVEvery line the fund disclosed, with the change against Dec 2025. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| HDFC Bank Limited | 17.54% | down 2.09 pts | ₹1,921 Cr | down ₹269 Cr | Trimmed |
| ICICI Bank Limited | 13.97% | down 2.93 pts | ₹1,530 Cr | down ₹356 Cr | Trimmed |
| Axis Bank Limited | 9.74% | up 2.26 pts | ₹1,067 Cr | up ₹232 Cr | Added |
| State Bank of India | 6.24% | down 1.38 pts | ₹683 Cr | down ₹167 Cr | Trimmed |
| SBI Life Insurance Company Limited | 5.91% | up 0.40 pts | ₹647 Cr | up ₹33 Cr | Added |
| Kotak Mahindra Bank Limited | 4.64% | down 0.28 pts | ₹508 Cr | down ₹40.1 Cr | Trimmed |
| Cash, TREPS & receivables | 3.92% | up 0.90 pts | ₹430 Cr | up ₹92.7 Cr | Added |
| SBI Cards and Payment Services Limited | 3.58% | up 1.63 pts | ₹392 Cr | up ₹175 Cr | Added |
| HDFC Life Insurance Company Limited | 3.50% | down 0.02 pts | ₹383 Cr | down ₹9.9 Cr | Trimmed |
| LIC Housing Finance Limited | 3.27% | up 1.33 pts | ₹358 Cr | up ₹142 Cr | Added |
| ICICI Lombard General Insurance Company Limited | 2.98% | up 0.26 pts | ₹327 Cr | up ₹23.1 Cr | Added |
| Max Financial Services Limited | 2.21% | down 0.04 pts | ₹242 Cr | down ₹8.7 Cr | Trimmed |
| Bajaj Finance Limited | 1.99% | up 1.01 pts | ₹218 Cr | up ₹108 Cr | Added |
| Can Fin Homes Limited | 1.87% | up 0.32 pts | ₹205 Cr | up ₹31.9 Cr | Added |
| ICICI Prudential Life Insurance Company Limited | 1.58% | down 0.15 pts | ₹173 Cr | down ₹20.2 Cr | Trimmed |
| Aptus Value Housing Finance India Limited | 1.43% | up 0.15 pts | ₹157 Cr | up ₹13.5 Cr | Added |
| Star Health And Allied Insurance Company Limited | 1.19% | up 0.06 pts | ₹130 Cr | up ₹4 Cr | Added |
| Anand Rathi Wealth Limited | 1.19% | down 0.07 pts | ₹130 Cr | down ₹10.2 Cr | Trimmed |
| Medi Assist Healthcare Services Ltd | 1.07% | down 0.14 pts | ₹118 Cr | down ₹17.9 Cr | Trimmed |
| UTI Asset Management Company Limited | 1.07% | down 0.08 pts | ₹118 Cr | down ₹11 Cr | Trimmed |
| Aavas Financiers Limited | 1.00% | up 0.03 pts | ₹109 Cr | up ₹1.5 Cr | Added |
| PNB Housing Finance Limited | 0.96% | down 0.13 pts | ₹106 Cr | down ₹16.6 Cr | Trimmed |
| Repco Home Finance Limited | 0.92% | down 0.01 pts | ₹101 Cr | down ₹2.6 Cr | Trimmed |
| Bandhan Bank Limited | 0.90% | up 0.07 pts | ₹99.1 Cr | up ₹5.7 Cr | Added |
| Bajaj Finserv Limited | 0.88% | down 0.02 pts | ₹96.8 Cr | down ₹4.3 Cr | Trimmed |
| Bajaj Holdings & Investment Limited | 0.84% | down 0.06 pts | ₹91.7 Cr | down ₹8.5 Cr | Trimmed |
| HDB Financial Services Limited | 0.73% | up 0.14 pts | ₹80.2 Cr | up ₹14.2 Cr | Added |
| CSB Bank Limited | 0.61% | down 0.02 pts | ₹67 Cr | down ₹3.4 Cr | Trimmed |
| Life Insurance Corporation Of India | 0.52% | up 0.19 pts | ₹56.6 Cr | up ₹19.6 Cr | Added |
| Bajaj Housing Finance Limited | 0.44% | down 0.62 pts | ₹48.2 Cr | down ₹69.9 Cr | Trimmed |
| Fusion Finance Limited | 0.43% | up 0.07 pts | ₹46.8 Cr | up ₹6.9 Cr | Added |
| Canara HSBC Life Insurance Co Ltd | 0.39% | down 0.04 pts | ₹42.4 Cr | down ₹4.9 Cr | Trimmed |
| Seshaasai Technologies Limited | 0.37% | down 0.02 pts | ₹40.2 Cr | down ₹2.9 Cr | Trimmed |
| General Insurance Corporation of India | 0.35% | up <0.01 pts | ₹37.8 Cr | down ₹28 L | Trimmed |
| Angel One Limited | 0.31% | up <0.01 pts | ₹33.6 Cr | down ₹62 L | Trimmed |
| Mas Financial Services Limited | 0.30% | up 0.30 pts | ₹32.6 Cr | up ₹32.6 Cr | New |
| Aadhar Housing Finance Limited | 0.30% | up 0.04 pts | ₹32.4 Cr | up ₹3.6 Cr | Added |
| CMS Info System Limited | 0.29% | down 0.02 pts | ₹31.8 Cr | down ₹2.4 Cr | Trimmed |
| 364 Days Treasury Bills Debt | 0.18% | up <0.01 pts | ₹19.5 Cr | up ₹9 L | Held |
| Equitas Small Finance Bank Limited | 0.17% | down 0.27 pts | ₹18.4 Cr | down ₹30.2 Cr | Trimmed |
| 91 Days Treasury Bills Debt | 0.13% | up 0.13 pts | ₹13.9 Cr | up ₹13.9 Cr | New |
| Canara Robeco Mutual Fund | 0.08% | down 0.04 pts | ₹9.1 Cr | down ₹4.4 Cr | Trimmed |
| Sundaram Finance Limited | 0.02% | down 0.13 pts | ₹2 Cr | down ₹14.7 Cr | Trimmed |
What changed, Dec 2025 to Jan 2026
New New positions (1)
- Mas Financial Services Limited0.3% · ₹32.6 Cr
Exited Exited (1)
- Indian Energy Exchange Limitedwas 0.4% · ₹46.7 Cr
Added Biggest additions
- Axis Bank Limitedup ₹232 Cr (+2.26% pts)
- SBI Cards and Payment Services Limitedup ₹175 Cr (+1.63% pts)
- LIC Housing Finance Limitedup ₹142 Cr (+1.33% pts)
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since Dec 2025, the weight rose most in Finance (+4.3 pts) and Insurance (+0.7 pts), and fell most in Banks (−4.4 pts) and Capital Markets (−0.6 pts).
- Finance15.5% → 19.8%+4.3 pts
- Insurance19.9% → 20.6%+0.7 pts
- Banks60.6% → 56.2%−4.4 pts
- Capital Markets3.4% → 2.8%−0.6 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Jan 2025 | Jul 2025 | Oct 2025 | Dec 2025 | Jan 2026 |
|---|---|---|---|---|---|
| Banks | 71.8% | 69.7% | 67.1% | 60.6% | 56.2% |
| Insurance | 16.8% | 18.2% | 19.0% | 19.9% | 20.6% |
| Finance | 8.4% | 8.3% | 8.3% | 15.5% | 19.8% |
| Capital Markets | 2.7% | 3.4% | 4.7% | 3.4% | 2.8% |
| Financial Technology (fintech) | — | — | 0.5% | 0.4% | 0.4% |
| Commercial Services & Supplies | 0.2% | 0.3% | 0.4% | 0.3% | 0.3% |
Allocation in Jan 2026change vs Dec 2025
- Banks (8)56.2%▼ 4.4 pts
- Insurance (10)20.6%▲ 0.7 pts
- Finance (16)19.8%▲ 4.3 pts
- Capital Markets (4)
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal. More on reading cash.
Cash & debt, Jan 2026
4.2%
▲ 0.7 pts vs Dec 2025
- Cash alone
- 3.9%
- cash and net receivables
- A year earlier
- 9.3%
- Jan 2025 · now ▼ 5.1 pts
- Last 12 months
- 2.8% – 10.3%
- lowest to highest · record 10.3% in Apr 2025
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.