Edelweiss Banking and PSU Debt Fund vs ICICI Prudential Banking and PSU Debt Fund
Direct Plan, Growth option · Data as on 30-10-2026
Edelweiss Banking and PSU Debt Fund and ICICI Prudential Banking and PSU Debt Fund are both Banking & PSU funds. In the 3 years to 30-10-2026, Edelweiss Banking and PSU Debt Fund (Direct) returned 7.0% a year and ICICI Prudential Banking and PSU Debt Fund (Direct) returned 6.9% a year. Edelweiss Banking and PSU Debt Fund charges 0.40% a year and ICICI Prudential Banking and PSU Debt Fund 0.40% (Direct plans). Their portfolios overlap 6.4%: they hold 7 of the same securities.
Edelweiss Banking and PSU Debt Fund
Banking & PSU
- 3 year return
- 7.0%
- Expense ratio
- 0.40%
- NAV
- ₹27.11
ICICI Prudential Banking and PSU Debt Fund
Banking & PSU
- 3 year return
- 6.9%
- Expense ratio
- 0.40%
- NAV
- ₹36.33
Which is better, Edelweiss Banking and PSU Debt or ICICI Prudential Banking and PSU Debt? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- ICICI Prudential Banking and PSU Debt returned more over 5 years: 6.5% a year against 6.0%.
- Edelweiss Banking and PSU Debt returned more over 3 years: 7.0% a year against 6.9%.
- ICICI Prudential Banking and PSU Debt swung less over 3 years: a standard deviation of 1.1% a year against 1.2%.
- ICICI Prudential Banking and PSU Debt fell less in its worst fall since 28-11-2016: −2.9% against −4.3%.
- ICICI Prudential Banking and PSU Debt is the larger fund: ₹8,041 Cr against ₹3,137 Cr.
- Their portfolios overlap 6.4%: 7 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 | Edelweiss Banking and PSU Debt Fund | ICICI Prudential Banking and PSU Debt Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Banking & PSU | Banking & PSU |
| AUM | ₹3,137 Cr (30-09-2026) | ₹8,041 Cr (30-09-2026) |
| NAV | ₹27.11 (Direct) | ₹36.33 (Direct) |
| Expense ratio (Direct) | 0.40% | 0.40% |
| Expense ratio (Regular) | 0.73% | 0.74% |
| Riskometer | Low to Moderate | Not available |
| Benchmark | CRISIL Banking and PSU Debt A-II Index | Not available |
| Launch date | 13-09-2013 | Not available |
| Minimum investment | ₹100 | Not available |
| Lock in | None | Not available |
| Fund managers | Dhawal Dalal, Kedar Karnik | Not available |
| Exit load | Nil | Not available |
Edelweiss Banking and PSU Debt vs ICICI Prudential Banking and PSU Debt: 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 |
|---|---|---|---|---|---|---|---|
| Edelweiss Banking and PSU Debt Fund (Direct) | −0.04% | +0.67% | +2.62% | +4.02% | +7.00% | +6.03% | -- |
| ICICI Prudential Banking and PSU Debt Fund (Direct) | −0.45% | −0.11% | +2.18% | +4.12% | +6.87% | +6.46% | +7.07% |
| Banking & PSU average | −0.21% | +0.14% | +2.36% | +4.04% | +6.88% | +6.22% | +6.95% |
Category average: the average of the 19 Banking & PSU funds, same plan type.
Edelweiss Banking and PSU Debt vs ICICI Prudential Banking and PSU Debt: Year-wise Returns
| Year | EdelweissEdelweiss Banking and PSU Debt | ICICI PrudentialICICI Prudential Banking and PSU Debt |
|---|---|---|
| 2026to date | +3.35% | +3.11% |
| 2025 | +7.71% | +8.00% |
| 2024 | +8.53% | +8.24% |
| 2023 | +6.74% | +7.71% |
| 2022 | +2.92% | +4.73% |
| 2021 | +4.86% | +4.69% |
Edelweiss Banking and PSU Debt vs ICICI Prudential Banking and PSU Debt: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 1,678 of them, one for each trading day from 28-11-2019 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Edelweiss Banking and PSU Debt Fund (Direct)
ICICI Prudential Banking and PSU Debt Fund (Direct)
to
Jun 2020Aug 2018
to
Aug 2021Oct 2019
to
Oct 2022Dec 2020
to
Dec 2023Mar 2022
to
Mar 2025Apr 2023
to
Apr 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Edelweiss Banking and PSU Debt | 0.0 | 5.5 | 73.1 | 21.4 | 0.0 | 0.0 | 0.0 | 7.8% | 7.5% | 4.6% | 11.2% |
| ICICI Prudential Banking and PSU Debt | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.4% | 7.5% | 5.6% | 9.0% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 28-11-2016. Past returns do not promise future returns.
Edelweiss Banking and PSU Debt vs ICICI Prudential Banking and PSU Debt: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 28-11-2016 to 30-10-2026: 120 instalments, ₹12,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Edelweiss Banking and PSU DebtEdelweiss Banking and PSU Debt Fund (Direct) | ₹12,00,000 | ₹17,18,218 | ₹5,18,218 | 7.0% |
| ICICI Prudential Banking and PSU DebtICICI Prudential Banking and PSU Debt Fund (Direct) | ₹12,00,000 | ₹17,05,103 | ₹5,05,103 | 6.8% |
Edelweiss Banking and PSU DebtEdelweiss Banking and PSU Debt Fund (Direct)
ICICI Prudential Banking and PSU DebtICICI Prudential Banking and PSU Debt Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Edelweiss Banking and PSU Debt vs ICICI Prudential Banking and PSU Debt: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Edelweiss Banking and PSU Debt Fund (Direct) | ICICI Prudential Banking and PSU Debt Fund (Direct) |
|---|---|---|
| Return (CAGR) | +4.02% | +4.12% |
| Standard deviation | 1.09% | 1.43% |
| Sharpe ratio | -1.12 | -0.79 |
| Sortino ratio | -1.52 | -1.07 |
| Maximum drawdown | −0.7% (02-04-2026) | −0.8% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 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.
| Measure | Edelweiss Banking and PSU Debt Fund (Direct) | ICICI Prudential Banking and PSU Debt Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.00% | +6.87% |
| Standard deviation | 1.23% | 1.06% |
| Sharpe ratio | 0.79 | 0.80 |
| Sortino ratio | 1.16 | 1.15 |
| Maximum drawdown | −0.7% (13-06-2025) | −0.8% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 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.
| Measure | Edelweiss Banking and PSU Debt Fund (Direct) | ICICI Prudential Banking and PSU Debt Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.03% | +6.46% |
| Standard deviation | 1.73% | 1.03% |
| Sharpe ratio | 0.13 | 0.64 |
| Sortino ratio | 0.16 | 0.89 |
| Maximum drawdown | −2.9% (06-05-2022) | −0.8% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2021 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.
| Measure | Edelweiss Banking and PSU Debt Fund (Direct) | ICICI Prudential Banking and PSU Debt Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.34% | +7.90% |
| Standard deviation | 2.58% | 1.66% |
| Sharpe ratio | 0.76 | 1.13 |
| Sortino ratio | 1.13 | 1.61 |
| Maximum drawdown | −4.3% (23-03-2020) | −2.9% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 28-11-2016 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.
Edelweiss Banking and PSU Debt Fund (Direct)
ICICI Prudential Banking and PSU Debt Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Edelweiss Banking and PSU Debt Fund (Direct) | −4.3% | 09-03-2020 | 23-03-2020 | 21-04-2020 | 29 days | −0.2% |
| ICICI Prudential Banking and PSU Debt Fund (Direct) | −2.9% | 06-03-2020 | 23-03-2020 | 23-04-2020 | 31 days | −0.7% |
From daily values since 28-11-2016, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Edelweiss Banking and PSU Debt Fund (Direct)
ICICI Prudential Banking and PSU Debt Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Edelweiss Banking and PSU Debt Fund (Direct)
ICICI Prudential Banking and PSU Debt Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Edelweiss Banking and PSU Debt Fund (Direct)
ICICI Prudential Banking and PSU Debt Fund (Direct)
Edelweiss Banking and PSU Debt vs ICICI Prudential Banking and PSU Debt: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Banking and PSU Debt Fund, September 2026; ICICI Prudential Banking and PSU Debt Fund, September 2026
Holdings in common
- Overlap
- 6.4%
- Held by both
- 7
- Only in Edelweiss Banking and PSU Debt
- 53
- Only in ICICI Prudential Banking and PSU Debt
- 86
| Security | % of Edelweiss Banking and PSU Debt | % of ICICI Prudential Banking and PSU Debt |
|---|---|---|
| 6.96%POWER FIN COR SR259A NCD R 02-03-28 | 2.37% | 3.08% |
| 6.92%POWER FIN COR SR258A NCD R 16-02-28 | 1.74% | 2.46% |
| 7.22% EXIM BANK NCD RED 03-08-2027 | 1.59% | 1.05% |
| 8.85% REC LTD. NCD RED 16-04-2029 | 0.49% | 0.32% |
| 7.41% POWER FIN CORP NCD RED 25-02-2030 | 0.31% | 0.61% |
| 7.58% REC LTD SR 234 B NCD RED31-05-2029 | 2.38% | 0.31% |
| SBI CDMDF--A2 | 0.25% | 0.39% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 6.4% means 6.4% 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 Edelweiss Banking and PSU Debt Fund
| Security | % of fund |
|---|---|
| 364 DAYS TBILL RED 28-05-2027 | 9.20% |
| 7.48% NABARD NCD SR 25G RED 15-09-2028 | 8.40% |
| 7.59%NATIONAL HOUSING BANK R 14-07-2027 | 6.38% |
| 7.35% EXIM BANK SR AA02 NCD 27-07-2028 | 6.35% |
| KOTAK MAHINDRA BANK CD RED 08-01-2027 | 3.91% |
Largest holdings only in ICICI Prudential Banking and PSU Debt Fund
| Security | % of fund |
|---|---|
| NABARD | 4.65% |
| LIC Housing Finance Ltd. | 4.03% |
| Government Securities | 3.56% |
| Government Securities | 2.81% |
| Rural Electrification Corporation Ltd. | 2.78% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Banking and PSU Debt | ICICI Prudential Banking and PSU Debt |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 96.8% | 97.0% |
| Cash and others | 3.2% | 3.0% |
Edelweiss Banking and PSU Debt vs ICICI Prudential Banking and PSU Debt: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Banking and PSU Debt Fund | ICICI Prudential Banking and PSU Debt Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.40% | 0.40% |
| Base expense ratio (Direct) | 0.33% | 0.33% |
| Total expense ratio (Regular) | 0.73% | 0.74% |
| Base expense ratio (Regular) | 0.61% | 0.62% |
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 Edelweiss Banking and PSU Debt with
Compare ICICI Prudential Banking and PSU Debt with
- ICICI Prudential Banking and PSU Debt vs UTI Banking & PSU Debt
- ICICI Prudential Banking and PSU Debt vs Franklin India Banking & PSU Debt
- ICICI Prudential Banking and PSU Debt vs LIC MF Banking & PSU Debt
- ICICI Prudential Banking and PSU Debt vs SBI Banking & PSU Debt
- ICICI Prudential Banking and PSU Debt vs Kotak Banking and PSU Debt
Edelweiss Banking and PSU Debt Fund vs ICICI Prudential Banking and PSU Debt Fund: Frequently Asked Questions
What is the difference between Edelweiss Banking and PSU Debt Fund and ICICI Prudential Banking and PSU Debt Fund?
Both are Banking & PSU funds, run by Edelweiss Mutual Fund and ICICI Prudential Mutual Fund. Their portfolios overlap 6.4%. Edelweiss Banking and PSU Debt Fund charges 0.40% a year and ICICI Prudential Banking and PSU Debt Fund 0.40%.
Which has given higher returns, Edelweiss Banking and PSU Debt Fund or ICICI Prudential Banking and PSU Debt Fund?
Over 1 year: Edelweiss Banking and PSU Debt Fund +4.02%, ICICI Prudential Banking and PSU Debt Fund +4.12%. Over 3 years: Edelweiss Banking and PSU Debt Fund +7.00% a year, ICICI Prudential Banking and PSU Debt Fund +6.87% a year. Over 5 years: Edelweiss Banking and PSU Debt Fund +6.03% a year, ICICI Prudential Banking and PSU Debt Fund +6.46% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Edelweiss Banking and PSU Debt Fund or ICICI Prudential Banking and PSU Debt Fund?
Both charge 0.40% a year.
How much do Edelweiss Banking and PSU Debt Fund and ICICI Prudential Banking and PSU Debt Fund overlap?
6.4%. They hold 7 of the same securities, the largest shared ones being 6.96%POWER FIN COR SR259A NCD R 02-03-28, 6.92%POWER FIN COR SR258A NCD R 16-02-28, 7.22% EXIM BANK NCD RED 03-08-2027. From each fund's latest monthly portfolio.
Which is better for SIP, Edelweiss Banking and PSU Debt Fund or ICICI Prudential Banking and PSU Debt Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,18,242 in Edelweiss Banking and PSU Debt Fund (XIRR 6.4% a year) and ₹7,21,323 in ICICI Prudential Banking and PSU Debt Fund (XIRR 6.5% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Edelweiss Banking and PSU Debt Fund and ICICI Prudential Banking and PSU Debt Fund?
Yes. 6.4% of each fund's money sits in the same holdings, so the two hold mostly different investments.
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.