ICICI Prudential Banking and PSU Debt Fund vs UTI Floating Interest Rates Fund
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential Banking and PSU Debt Fund is a Banking & PSU fund and UTI Floating Interest Rates Fund is a Floater fund. In the 3 years to 30-10-2026, ICICI Prudential Banking and PSU Debt Fund (Direct) returned 6.9% a year and UTI Floating Interest Rates Fund (Direct) returned 7.0% a year. ICICI Prudential Banking and PSU Debt Fund charges 0.40% a year and UTI Floating Interest Rates Fund 0.44% (Direct plans). Their portfolios overlap 12.2%: they hold 11 of the same securities.
ICICI Prudential Banking and PSU Debt Fund
Banking & PSU
- 3 year return
- 6.9%
- Expense ratio
- 0.40%
- NAV
- ₹36.33
UTI Floating Interest Rates Fund
Floater
- 3 year return
- 7.0%
- Expense ratio
- 0.44%
- NAV
- ₹1,689.29
Which is better, ICICI Prudential Banking and PSU Debt or UTI Floating Interest Rates? 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 6.3%.
- UTI Floating Interest Rates returned more over 3 years: 7.0% a year against 6.9%.
- ICICI Prudential Banking and PSU Debt costs less: 0.40% a year against 0.44% (Direct plans).
- UTI Floating Interest Rates swung less over 3 years: a standard deviation of 0.6% a year against 1.1%.
- UTI Floating Interest Rates fell less in its worst fall since 31-10-2018: −1.5% against −2.9%.
- ICICI Prudential Banking and PSU Debt is the larger fund: ₹8,041 Cr against ₹1,506 Cr.
- Their portfolios overlap 12.2%: 11 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 | ICICI Prudential Banking and PSU Debt Fund | UTI Floating Interest Rates Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | UTI Mutual Fund |
| Category | Banking & PSU | Floater |
| AUM | ₹8,041 Cr (30-09-2026) | ₹1,506 Cr (30-09-2026) |
| NAV | ₹36.33 (Direct) | ₹1,689.29 (Direct) |
| Expense ratio (Direct) | 0.40% | 0.44% |
| Expense ratio (Regular) | 0.74% | 0.86% |
| Riskometer | Not available | Low to Moderate |
| Benchmark | Not available | CRISIL Short Duration Debt A-II Index |
| Launch date | Not available | 30-10-2018 |
| Minimum investment | Not available | Regular Plan-Quarterly Reinvestment of IDCW- Rs.20000, Regular Plan-Quarterly Payout of IDCW- Rs.20000, Direct Plan-Quarterly Reinvestment of IDCW- Rs.20000, Direct Plan-Quarterly Payout of IDCW- Rs.20000, Regular Plan-Half-yearly Reinvestment of IDCW- Rs |
| Lock in | Not available | None |
| Fund managers | Not available | Pankaj Pathak FM 1, Not Applicable FM 2, Not Applicable FM 3, Not Applicable FM 4 |
| Exit load | Not available | Nil |
ICICI Prudential Banking and PSU Debt vs UTI Floating Interest Rates: 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 |
|---|---|---|---|---|---|---|---|
| ICICI Prudential Banking and PSU Debt Fund (Direct) | −0.45% | −0.11% | +2.18% | +4.12% | +6.87% | +6.46% | +7.07% |
| UTI Floating Interest Rates Fund (Direct) | +0.15% | +0.94% | +2.71% | +5.58% | +6.95% | +6.31% | -- |
| Banking & PSU average | −0.21% | +0.14% | +2.36% | +4.04% | +6.88% | +6.22% | +6.95% |
| Floater average | −0.01% | +0.56% | +2.76% | +5.43% | +7.47% | +6.73% | -- |
Category average: the average of the 19 Banking & PSU funds and the 12 Floater funds, same plan type.
ICICI Prudential Banking and PSU Debt vs UTI Floating Interest Rates: Year-wise Returns
| Year | ICICI Prudential Banking and PSU DebtICICI Prudential Banking and PSU Debt | UTI Floating Interest RatesUTI Floating Interest Rates |
|---|---|---|
| 2026to date | +3.11% | +4.61% |
| 2025 | +8.00% | +7.49% |
| 2024 | +8.24% | +7.54% |
| 2023 | +7.71% | +7.32% |
| 2022 | +4.73% | +4.29% |
| 2021 | +4.69% | +3.93% |
ICICI Prudential Banking and PSU Debt vs UTI Floating Interest Rates: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 1,210 of them, one for each trading day from 01-11-2021 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.
ICICI Prudential Banking and PSU Debt Fund (Direct)
UTI Floating Interest Rates Fund (Direct)
to
Mar 2022Jan 2020
to
Jan 2023Dec 2020
to
Dec 2023Oct 2021
to
Oct 2024Aug 2022
to
Aug 2025Jun 2023
to
Jun 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ICICI Prudential Banking and PSU Debt | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.0% | 6.9% | 5.6% | 8.7% |
| UTI Floating Interest Rates | 0.0 | 2.2 | 97.8 | 0.0 | 0.0 | 0.0 | 0.0 | 6.3% | 6.2% | 4.9% | 7.6% |
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 31-10-2018. Past returns do not promise future returns.
ICICI Prudential Banking and PSU Debt vs UTI Floating Interest Rates: 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 01-10-2018 to 30-10-2026: 97 instalments, ₹9,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential Banking and PSU DebtICICI Prudential Banking and PSU Debt Fund (Direct) | ₹9,70,000 | ₹12,78,039 | ₹3,08,039 | 6.7% |
| UTI Floating Interest RatesUTI Floating Interest Rates Fund (Direct) | ₹9,70,000 | ₹12,66,727 | ₹2,96,727 | 6.5% |
ICICI Prudential Banking and PSU DebtICICI Prudential Banking and PSU Debt Fund (Direct)
UTI Floating Interest RatesUTI Floating Interest Rates 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.
ICICI Prudential Banking and PSU Debt vs UTI Floating Interest Rates: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Banking and PSU Debt Fund (Direct) | UTI Floating Interest Rates Fund (Direct) |
|---|---|---|
| Return (CAGR) | +4.12% | +5.58% |
| Standard deviation | 1.43% | 0.62% |
| Sharpe ratio | -0.79 | 0.53 |
| Sortino ratio | -1.07 | 0.77 |
| Maximum drawdown | −0.8% (23-10-2026) | −0.2% (21-05-2026) |
| 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 | ICICI Prudential Banking and PSU Debt Fund (Direct) | UTI Floating Interest Rates Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.87% | +6.95% |
| Standard deviation | 1.06% | 0.58% |
| Sharpe ratio | 0.80 | 1.60 |
| Sortino ratio | 1.15 | 2.55 |
| Maximum drawdown | −0.8% (23-10-2026) | −0.3% (13-06-2025) |
| 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 | ICICI Prudential Banking and PSU Debt Fund (Direct) | UTI Floating Interest Rates Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.46% | +6.31% |
| Standard deviation | 1.03% | 0.54% |
| Sharpe ratio | 0.64 | 0.94 |
| Sortino ratio | 0.89 | 1.40 |
| Maximum drawdown | −0.8% (23-10-2026) | −0.3% (13-06-2025) |
| 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 | ICICI Prudential Banking and PSU Debt Fund (Direct) | UTI Floating Interest Rates Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.90% | +6.76% |
| Standard deviation | 1.66% | 0.86% |
| Sharpe ratio | 1.13 | 1.77 |
| Sortino ratio | 1.61 | 3.50 |
| Maximum drawdown | −2.9% (23-03-2020) | −1.5% (24-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 14-03-2013 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.
ICICI Prudential Banking and PSU Debt Fund (Direct)
UTI Floating Interest Rates Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential Banking and PSU Debt Fund (Direct) | −2.9% | 06-03-2020 | 23-03-2020 | 23-04-2020 | 31 days | −0.7% |
| UTI Floating Interest Rates Fund (Direct) | −1.5% | 06-03-2020 | 24-03-2020 | 27-03-2020 | 3 days | −0.0% |
From daily values since 31-10-2018, 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.
ICICI Prudential Banking and PSU Debt Fund (Direct)
UTI Floating Interest Rates 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.
ICICI Prudential Banking and PSU Debt Fund (Direct)
UTI Floating Interest Rates 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.
ICICI Prudential Banking and PSU Debt Fund (Direct)
UTI Floating Interest Rates Fund (Direct)
ICICI Prudential Banking and PSU Debt vs UTI Floating Interest Rates: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Banking and PSU Debt Fund, September 2026; UTI Floating Interest Rates Fund, September 2026
Holdings in common
- Overlap
- 12.2%
- Held by both
- 11
- Only in ICICI Prudential Banking and PSU Debt
- 82
- Only in UTI Floating Interest Rates
- 29
| Security | % of ICICI Prudential Banking and PSU Debt | % of UTI Floating Interest Rates |
|---|---|---|
| Siddhivinayak Securitisation Trust | 2.08% | 3.17% |
| Rural Electrification Corporation Ltd. | 1.86% | 3.31% |
| Power Finance Corporation Ltd. | 2.46% | 1.64% |
| NABARD | 1.55% | 1.66% |
| Small Industries Development Bank Of India. | 1.54% | 6.57% |
| Small Industries Development Bank Of India. | 1.11% | 1.65% |
| India Universal Trust AL1 | 0.87% | 1.11% |
| Power Finance Corporation Ltd. | 0.67% | 1.67% |
| Corporate Debt Market Development Fund (Class A2) | 0.39% | 0.34% |
| Power Finance Corporation Ltd. | 0.31% | 1.66% |
| India Universal Trust AL1 | 0.19% | 0.26% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 12.2% means 12.2% 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 ICICI Prudential Banking and PSU Debt Fund
| Security | % of fund |
|---|---|
| NABARD | 4.65% |
| LIC Housing Finance Ltd. | 4.03% |
| Government Securities | 3.56% |
| Power Finance Corporation Ltd. | 3.08% |
| Government Securities | 2.81% |
Largest holdings only in UTI Floating Interest Rates Fund
| Security | % of fund |
|---|---|
| GOI FRB - MAT 04/10/2028 | 5.01% |
| NCD NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT | 4.99% |
| CD - CANARA BANK - 22/01/2027 | 4.88% |
| NCD INDIAN RAILWAY FINANCE CORPORATION LIMITED | 3.33% |
| NCD SUMMIT DIGITEL INFRASTRUCTURE LTD | 3.33% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Banking and PSU Debt | UTI Floating Interest Rates |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 97.0% | 92.5% |
| Cash and others | 3.0% | 7.5% |
ICICI Prudential Banking and PSU Debt vs UTI Floating Interest Rates: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Banking and PSU Debt Fund | UTI Floating Interest Rates Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.40% | 0.44% |
| Base expense ratio (Direct) | 0.33% | 0.37% |
| Total expense ratio (Regular) | 0.74% | 0.86% |
| Base expense ratio (Regular) | 0.62% | 0.75% |
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 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
Compare UTI Floating Interest Rates with
- UTI Floating Interest Rates vs Axis Floating Interest Rates
- UTI Floating Interest Rates vs Franklin India Floating Interest Rates
- UTI Floating Interest Rates vs Bandhan Floating Interest Rates
- UTI Floating Interest Rates vs ICICI Prudential Floating Interest Rates
- UTI Floating Interest Rates vs Kotak Floating Interest Rates
ICICI Prudential Banking and PSU Debt Fund vs UTI Floating Interest Rates Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Banking and PSU Debt Fund and UTI Floating Interest Rates Fund?
ICICI Prudential Banking and PSU Debt Fund is a Banking & PSU fund, UTI Floating Interest Rates Fund is a Floater fund, run by ICICI Prudential Mutual Fund and UTI Mutual Fund. Their portfolios overlap 12.2%. ICICI Prudential Banking and PSU Debt Fund charges 0.40% a year and UTI Floating Interest Rates Fund 0.44%.
Which has given higher returns, ICICI Prudential Banking and PSU Debt Fund or UTI Floating Interest Rates Fund?
Over 1 year: ICICI Prudential Banking and PSU Debt Fund +4.12%, UTI Floating Interest Rates Fund +5.58%. Over 3 years: ICICI Prudential Banking and PSU Debt Fund +6.87% a year, UTI Floating Interest Rates Fund +6.95% a year. Over 5 years: ICICI Prudential Banking and PSU Debt Fund +6.46% a year, UTI Floating Interest Rates Fund +6.31% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential Banking and PSU Debt Fund or UTI Floating Interest Rates Fund?
ICICI Prudential Banking and PSU Debt Fund charges less: 0.40% a year against 0.44%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential Banking and PSU Debt Fund and UTI Floating Interest Rates Fund overlap?
12.2%. They hold 11 of the same securities, the largest shared ones being Siddhivinayak Securitisation Trust, Rural Electrification Corporation Ltd., Power Finance Corporation Ltd.. From each fund's latest monthly portfolio.
Which is better for SIP, ICICI Prudential Banking and PSU Debt Fund or UTI Floating Interest Rates Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,21,323 in ICICI Prudential Banking and PSU Debt Fund (XIRR 6.5% a year) and ₹7,23,863 in UTI Floating Interest Rates Fund (XIRR 6.7% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both ICICI Prudential Banking and PSU Debt Fund and UTI Floating Interest Rates Fund?
Yes. 12.2% of each fund's money sits in the same holdings, so some of the two investments would move together.
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.