Bajaj Finserv Banking and Financial Services Fund vs ICICI Prudential Banking & Financial Services Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bajaj Finserv Banking and Financial Services Fund is a Thematic fund and ICICI Prudential Banking & Financial Services Fund is a Thematic fund. Bajaj Finserv Banking and Financial Services Fund charges 1.12% a year and ICICI Prudential Banking & Financial Services Fund 1.25% (Direct plans). Their portfolios overlap 55.9%: they hold 18 of the same securities.
Bajaj Finserv Banking and Financial Services Fund
Thematic
- Expense ratio
- 1.12%
- NAV
- ₹9.28
ICICI Prudential Banking & Financial Services Fund
Thematic
- Expense ratio
- 1.25%
- NAV
- ₹141.65
Which is better, Bajaj Finserv Banking and Financial Services or ICICI Prudential Banking & Financial Services? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Bajaj Finserv Banking and Financial Services costs less: 1.12% a year against 1.25% (Direct plans).
- Bajaj Finserv Banking and Financial Services fell less in its worst fall since 03-12-2025: −15.6% against −17.0%.
- ICICI Prudential Banking & Financial Services is the larger fund: ₹10,774 Cr against ₹469 Cr.
- Their portfolios overlap 55.9%: 18 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Bajaj Finserv Banking and Financial Services Fund | ICICI Prudential Banking & Financial Services Fund |
|---|---|---|
| Fund house | Bajaj Finserv Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹469 Cr (30-09-2026) | ₹10,774 Cr (30-09-2026) |
| NAV | ₹9.28 (Direct) | ₹141.65 (Direct) |
| Expense ratio (Direct) | 1.12% | 1.25% |
| Expense ratio (Regular) | 2.81% | 1.95% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty Financial Services TRI | Nifty Financial Services TRI |
| Launch date | 01-12-2025 | 22-08-2008 |
| Minimum investment | ₹500 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Kishore Agarwal, Sayan Das Sharma, Siddharth Chaudhary | Antariksha Banerjee, Sharmila D'silva |
| Exit load | Exit load of 1%, if redeemed within 3 months. | 1% of applicable Net Asset Value - If units purchased or switched in from another scheme of the Fund are redeemed or switched out within 15 days from the date of allotment Nil - If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 15 days from the date of allotment. |
Bajaj Finserv Banking and Financial Services vs ICICI Prudential Banking & Financial Services: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Bajaj Finserv Banking and Financial Services Fund (Direct) | −1.80% | −7.21% | −2.54% | -- | -- | -- | -- |
| ICICI Prudential Banking & Financial Services Fund (Direct) | −0.69% | −4.32% | −1.84% | −9.07% | +9.15% | +8.04% | +11.30% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | +13.76% |
Category average: the average of the 235 Thematic funds, same plan type.
Bajaj Finserv Banking and Financial Services vs ICICI Prudential Banking & Financial Services: Year-wise Returns
| Year | Bajaj Finserv Banking andBajaj Finserv Banking and Financial Services | ICICI Prudential Banking &ICICI Prudential Banking & Financial Services | Nifty Financial Services TRI |
|---|---|---|---|
| 2026to date | −7.80% | −9.60% | −9.69% |
| 2025 | -- | +16.78% | +18.60% |
| 2024 | -- | +12.52% | +10.52% |
| 2023 | -- | +18.86% | +14.31% |
| 2022 | -- | +12.95% | +10.47% |
| 2021 | -- | +24.45% | +14.55% |
Bajaj Finserv Banking and Financial Services vs ICICI Prudential Banking & Financial Services: Rolling Returns
Every holding period of both funds, against Nifty Financial Services TRI, the benchmark of both
Bajaj Finserv Banking and Financial Services vs ICICI Prudential Banking & Financial Services: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bajaj Finserv Banking and Financial Services Fund (Direct) | ICICI Prudential Banking & Financial Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | −7.65% | +13.92% |
| Standard deviation | 16.55% | 19.51% |
| Sharpe ratio | -0.78 | 0.40 |
| Sortino ratio | -1.06 | 0.55 |
| Maximum drawdown | −15.6% (31-03-2026) | −47.8% (24-03-2020) |
| Beta | 0.89 | 0.87 |
| Alpha | +1.26% | +1.91% |
From daily NAVs, 03-12-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Bajaj Finserv Banking and Financial Services Fund (Direct)
ICICI Prudential Banking & Financial Services Fund (Direct)
Nifty Financial Services TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bajaj Finserv Banking and Financial Services Fund (Direct) | −15.6% | 18-02-2026 | 31-03-2026 | Not yet | -- | −9.9% |
| ICICI Prudential Banking & Financial Services Fund (Direct) | −17.0% | 06-01-2026 | 30-03-2026 | Not yet | -- | −11.0% |
| Nifty Financial Services TRI | −17.3% | 18-02-2026 | 30-03-2026 | Not yet | -- | −12.4% |
From daily values since 03-12-2025, the first day every fund has.
Bajaj Finserv Banking and Financial Services vs ICICI Prudential Banking & Financial Services: Portfolio Overlap
From each fund's latest monthly portfolio: Bajaj Finserv Banking and Financial Services Fund, September 2026; ICICI Prudential Banking & Financial Services Fund, September 2026
Holdings in common
- Overlap
- 55.9%
- Held by both
- 18
- Only in Bajaj Finserv Banking and Financial Services
- 19
- Only in ICICI Prudential Banking & Financial Services
- 38
| Security | % of Bajaj Finserv Banking and Financial Services | % of ICICI Prudential Banking & Financial Services |
|---|---|---|
| HDFC Bank Limited | 15.23% | 13.84% |
| ICICI Bank Limited | 12.61% | 13.46% |
| State Bank of India | 8.21% | 5.23% |
| Kotak Mahindra Bank Limited | 5.05% | 9.36% |
| Axis Bank Limited | 5.00% | 8.88% |
| SBI Life Insurance Company Limited | 2.88% | 3.15% |
| Bajaj Finserv Limited | 1.84% | 2.63% |
| Bajaj Finance Limited | 5.49% | 1.46% |
| Go Digit General Insurance Limited | 2.32% | 1.30% |
| Max Financial Services Limited | 1.23% | 1.57% |
| BSE Limited | 1.03% | 1.62% |
| SBI Funds Management Limited | 2.91% | 0.98% |
| Cholamandalam Investment and Finance Company Ltd | 1.42% | 0.89% |
| Repco Home Finance Limited | 2.11% | 0.81% |
| Medi Assist Healthcare Services Limited | 0.54% | 0.79% |
| Angel One Limited | 0.50% | 0.92% |
| Multi Commodity Exchange of India Limited | 0.50% | 0.80% |
| ICRA Limited | 0.89% | 0.20% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 55.9% means 55.9% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Bajaj Finserv Banking and Financial Services Fund
| Security | % of fund |
|---|---|
| RBL Bank Limited | 3.00% |
| Sundaram Finance Limited | 2.59% |
| The Federal Bank Limited | 2.50% |
| Niva Bupa Health Insurance Company Limited | 2.47% |
| Prudent Corporate Advisory Services Limited | 2.32% |
Largest holdings only in ICICI Prudential Banking & Financial Services Fund
| Security | % of fund |
|---|---|
| SBI Cards & Payment Services Ltd. | 3.09% |
| ICICI Lombard General Insurance Company Ltd. | 2.77% |
| HDFC Life Insurance Company Ltd. | 2.63% |
| LIC Housing Finance Ltd. | 2.19% |
| Anand Rathi Wealth Ltd. | 1.77% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bajaj Finserv Banking and Financial Services | ICICI Prudential Banking & Financial Services |
|---|---|---|
| Equity | 95.7% | 97.1% |
| Debt | 0.0% | 1.5% |
| Cash and others | 4.3% | 1.4% |
Market cap of stocks
| Market cap | Bajaj Finserv Banking and Financial Services | ICICI Prudential Banking & Financial Services |
|---|---|---|
| Large Cap | 59.8% | 65.2% |
| Mid Cap | 10.4% | 12.5% |
| Small Cap | 20.6% | 18.4% |
| Not on AMFI's list | 4.9% | 1.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Bajaj Finserv Banking and Financial Services | ICICI Prudential Banking & Financial Services |
|---|---|---|
| Banks | 53.5% | 52.1% |
| Finance | 19.9% | 21.9% |
| Insurance | 9.4% | 15.1% |
| Capital Markets | 10.9% | 7.8% |
| Financial Technology (Fintech) | 1.5% | 0.0% |
| Commercial Services & Supplies | 0.5% | 0.2% |
The six largest sectors of each fund's stocks, % of the fund.
Bajaj Finserv Banking and Financial Services vs ICICI Prudential Banking & Financial Services: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bajaj Finserv Banking and Financial Services Fund | ICICI Prudential Banking & Financial Services Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.12% | 1.25% |
| Base expense ratio (Direct) | 0.66% | 0.89% |
| Total expense ratio (Regular) | 2.81% | 1.95% |
| Base expense ratio (Regular) | 2.09% | 1.49% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Bajaj Finserv Banking and Financial Services with
- Bajaj Finserv Banking and Financial Services vs Nippon India Taiwan Equity
- Bajaj Finserv Banking and Financial Services vs HDFC Defence
- Bajaj Finserv Banking and Financial Services vs HDFC Pharma and Healthcare
- Bajaj Finserv Banking and Financial Services vs SBI Healthcare Opportunities
- Bajaj Finserv Banking and Financial Services vs Aditya Birla Sun Life International Equity
Compare ICICI Prudential Banking & Financial Services with
- ICICI Prudential Banking & Financial Services vs Nippon India Taiwan Equity
- ICICI Prudential Banking & Financial Services vs HDFC Defence
- ICICI Prudential Banking & Financial Services vs HDFC Pharma and Healthcare
- ICICI Prudential Banking & Financial Services vs SBI Healthcare Opportunities
- ICICI Prudential Banking & Financial Services vs Aditya Birla Sun Life International Equity
Bajaj Finserv Banking and Financial Services Fund vs ICICI Prudential Banking & Financial Services Fund: Frequently Asked Questions
What is the difference between Bajaj Finserv Banking and Financial Services Fund and ICICI Prudential Banking & Financial Services Fund?
Bajaj Finserv Banking and Financial Services Fund is a Thematic fund, ICICI Prudential Banking & Financial Services Fund is a Thematic fund, run by Bajaj Finserv Mutual Fund and ICICI Prudential Mutual Fund. Their portfolios overlap 55.9%. Bajaj Finserv Banking and Financial Services Fund charges 1.12% a year and ICICI Prudential Banking & Financial Services Fund 1.25%.
Which has the lower expense ratio, Bajaj Finserv Banking and Financial Services Fund or ICICI Prudential Banking & Financial Services Fund?
Bajaj Finserv Banking and Financial Services Fund charges less: 1.12% a year against 1.25%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bajaj Finserv Banking and Financial Services Fund and ICICI Prudential Banking & Financial Services Fund overlap?
55.9%. They hold 18 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, SBIN. From each fund's latest monthly portfolio.
Can I invest in both Bajaj Finserv Banking and Financial Services Fund and ICICI Prudential Banking & Financial Services Fund?
Yes. 55.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Bajaj Finserv Banking and Financial Services Fund and ICICI Prudential Banking & Financial Services Fund?
Bajaj Finserv Banking and Financial Services Fund: Kishore Agarwal, Sayan Das Sharma, Siddharth Chaudhary. ICICI Prudential Banking & Financial Services Fund: Antariksha Banerjee, Sharmila D'silva.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.