ICICI Prudential Banking & Financial Services Fund vs UTI - Banking and Financial Services Fund
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential Banking & Financial Services Fund is a Thematic fund and UTI - Banking and Financial Services Fund is a Thematic fund. In the 3 years to 30-10-2026, ICICI Prudential Banking & Financial Services Fund (Direct) returned 9.2% a year and UTI - Banking and Financial Services Fund (Direct) returned 12.0% a year. ICICI Prudential Banking & Financial Services Fund charges 1.25% a year and UTI - Banking and Financial Services Fund 1.45% (Direct plans). Their portfolios overlap 63.9%: they hold 20 of the same securities.
ICICI Prudential Banking & Financial Services Fund
Thematic
- 3 year return
- 9.2%
- Expense ratio
- 1.25%
- NAV
- ₹141.65
UTI - Banking and Financial Services Fund
Thematic
- 3 year return
- 12.0%
- Expense ratio
- 1.45%
- NAV
- ₹212.57
Which is better, ICICI Prudential Banking & Financial Services or UTI - Banking and 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.
- UTI - Banking and Financial Services returned more over 5 years: 9.6% a year against 8.0%.
- UTI - Banking and Financial Services returned more over 3 years: 12.0% a year against 9.2%.
- ICICI Prudential Banking & Financial Services costs less: 1.25% a year against 1.45% (Direct plans).
- ICICI Prudential Banking & Financial Services swung less over 3 years: a standard deviation of 13.5% a year against 15.9%.
- ICICI Prudential Banking & Financial Services fell less in its worst fall since 02-01-2013: −47.8% against −49.0%.
- UTI - Banking and Financial Services holds more in large companies: 78.2% of the fund in large caps against 65.2%.
- ICICI Prudential Banking & Financial Services is the larger fund: ₹10,774 Cr against ₹1,339 Cr.
- Their portfolios overlap 63.9%: 20 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 & Financial Services Fund | UTI - Banking and Financial Services Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | UTI Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹10,774 Cr (30-09-2026) | ₹1,339 Cr (30-09-2026) |
| NAV | ₹141.65 (Direct) | ₹212.57 (Direct) |
| Expense ratio (Direct) | 1.25% | 1.45% |
| Expense ratio (Regular) | 1.95% | 2.38% |
| Riskometer | Not available | Very High |
| Benchmark | Nifty Financial Services TRI | Nifty Financial Services TRI |
| Launch date | 22-08-2008 | 07-04-2004 |
| Minimum investment | ₹5,000 | Regular Plan-Growth- Rs.5000, Regular Plan-Reinvestment of IDCW- Rs.5000, Regular Plan-Payout of IDCW- Rs.5000, Direct Plan-Growth- Rs.5000, Direct Plan-Reinvestment of IDCW- Rs.5000, Direct Plan-Payout of IDCW- Rs.5000, |
| Lock in | None | None |
| Fund managers | Antariksha Banerjee, Sharmila D'silva | Bhavesh Kanani FM 1, Not Applicable FM 2, Not Applicable FM 3, Not Applicable FM 4 |
| Exit load | 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. | 1.00% if redeemed before 30 days from the date of allotment. Nil if redeemed on or after 30 days from the date of allotment |
ICICI Prudential Banking & Financial Services vs UTI - Banking and 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 |
|---|---|---|---|---|---|---|---|
| ICICI Prudential Banking & Financial Services Fund (Direct) | −0.69% | −4.32% | −1.84% | −9.07% | +9.15% | +8.04% | +11.30% |
| UTI - Banking and Financial Services Fund (Direct) | −1.86% | −5.50% | −1.11% | −5.38% | +11.97% | +9.64% | +10.17% |
| 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.
ICICI Prudential Banking & Financial Services vs UTI - Banking and Financial Services: Year-wise Returns
| Year | ICICI Prudential Banking &ICICI Prudential Banking & Financial Services | UTI - Banking andUTI - Banking and Financial Services | Nifty Financial Services TRI |
|---|---|---|---|
| 2026to date | −9.60% | −6.40% | −9.69% |
| 2025 | +16.78% | +17.53% | +18.60% |
| 2024 | +12.52% | +12.26% | +10.52% |
| 2023 | +18.86% | +20.81% | +14.31% |
| 2022 | +12.95% | +16.45% | +10.47% |
| 2021 | +24.45% | +15.53% | +14.55% |
ICICI Prudential Banking & Financial Services vs UTI - Banking and Financial Services: Rolling Returns
Every holding period of both funds, against Nifty Financial Services TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 2,666 of them, one for each trading day from 04-01-2016 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 & Financial Services Fund (Direct)
UTI - Banking and Financial Services Fund (Direct)
Nifty Financial Services TRI
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ICICI Prudential Banking & Financial Services | 6.2 | 2.8 | 8.3 | 28.0 | 25.8 | 11.4 | 17.5 | 16.2% | 15.8% | −10.5% | 40.1% | 66% |
| UTI - Banking and Financial Services | 7.3 | 7.2 | 14.3 | 25.7 | 27.7 | 9.9 | 8.0 | 13.3% | 14.5% | −13.6% | 34.8% | 53% |
| Nifty Financial Services TRI | 0.4 | 4.4 | 12.2 | 36.6 | 25.9 | 15.9 | 4.5 | 15.1% | 14.5% | −2.1% | 31.8% | -- |
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. The benchmark is Nifty Financial Services TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 02-01-2013. Past returns do not promise future returns.
ICICI Prudential Banking & Financial Services vs UTI - Banking and Financial Services: 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 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential Banking & Financial ServicesICICI Prudential Banking & Financial Services Fund (Direct) | ₹16,60,000 | ₹43,44,335 | ₹26,84,335 | 12.9% |
| UTI - Banking and Financial ServicesUTI - Banking and Financial Services Fund (Direct) | ₹16,60,000 | ₹38,87,204 | ₹22,27,204 | 11.5% |
ICICI Prudential Banking & Financial ServicesICICI Prudential Banking & Financial Services Fund (Direct)
UTI - Banking and Financial ServicesUTI - Banking and Financial Services 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 & Financial Services vs UTI - Banking and Financial Services: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Banking & Financial Services Fund (Direct) | UTI - Banking and Financial Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | −9.07% | −5.38% |
| Standard deviation | 15.18% | 17.02% |
| Sharpe ratio | -0.94 | -0.62 |
| Sortino ratio | -1.28 | -0.87 |
| Maximum drawdown | −17.0% (30-03-2026) | −16.5% (31-03-2026) |
| Beta | 0.84 | 0.96 |
| Alpha | −2.40% | +2.91% |
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 & Financial Services Fund (Direct) | UTI - Banking and Financial Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.15% | +11.97% |
| Standard deviation | 13.53% | 15.95% |
| Sharpe ratio | 0.23 | 0.37 |
| Sortino ratio | 0.33 | 0.52 |
| Maximum drawdown | −17.0% (30-03-2026) | −16.5% (31-03-2026) |
| Beta | 0.81 | 0.94 |
| Alpha | +0.09% | +2.41% |
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 & Financial Services Fund (Direct) | UTI - Banking and Financial Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.04% | +9.64% |
| Standard deviation | 14.32% | 16.23% |
| Sharpe ratio | 0.16 | 0.24 |
| Sortino ratio | 0.22 | 0.33 |
| Maximum drawdown | −18.9% (20-06-2022) | −20.0% (16-06-2022) |
| Beta | 0.83 | 0.94 |
| Alpha | +1.55% | +3.06% |
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 & Financial Services Fund (Direct) | UTI - Banking and Financial Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.92% | +11.05% |
| Standard deviation | 19.51% | 21.17% |
| Sharpe ratio | 0.40 | 0.24 |
| Sortino ratio | 0.55 | 0.33 |
| Maximum drawdown | −47.8% (24-03-2020) | −49.0% (23-03-2020) |
| Beta | 0.87 | 0.97 |
| Alpha | +1.91% | −1.60% |
From daily NAVs, 02-01-2013 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 & Financial Services Fund (Direct)
UTI - Banking and 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 |
|---|---|---|---|---|---|---|
| ICICI Prudential Banking & Financial Services Fund (Direct) | −47.8% | 16-01-2020 | 24-03-2020 | 02-02-2021 | 10 months | −11.0% |
| UTI - Banking and Financial Services Fund (Direct) | −49.0% | 02-01-2020 | 23-03-2020 | 02-02-2021 | 10 months | −10.1% |
| Nifty Financial Services TRI | −43.5% | 02-01-2020 | 23-03-2020 | 15-12-2020 | 9 months | −12.4% |
From daily values since 02-01-2013, 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 & Financial Services Fund (Direct)
UTI - Banking and Financial Services Fund (Direct)
Nifty Financial Services TRI
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 & Financial Services Fund (Direct)
UTI - Banking and Financial Services Fund (Direct)
Nifty Financial Services TRI
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 & Financial Services Fund (Direct)
UTI - Banking and Financial Services Fund (Direct)
Nifty Financial Services TRI
Against Nifty Financial Services TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ICICI Prudential Banking & Financial Services Fund (Direct) | 102% | 97% | 7.06% |
| UTI - Banking and Financial Services Fund (Direct) | 100% | 106% | 6.15% |
From month-end values since 02-01-2013. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
ICICI Prudential Banking & Financial Services vs UTI - Banking and Financial Services: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Banking & Financial Services Fund, September 2026; UTI - Banking and Financial Services Fund, September 2026
Holdings in common
- Overlap
- 63.9%
- Held by both
- 20
- Only in ICICI Prudential Banking & Financial Services
- 36
- Only in UTI - Banking and Financial Services
- 17
| Security | % of ICICI Prudential Banking & Financial Services | % of UTI - Banking and Financial Services |
|---|---|---|
| HDFC Bank Ltd. | 13.84% | 17.60% |
| ICICI Bank Ltd. | 13.46% | 10.37% |
| Kotak Mahindra Bank Ltd. | 9.36% | 9.89% |
| Axis Bank Ltd. | 8.88% | 9.93% |
| State Bank Of India | 5.23% | 9.98% |
| SBI Life Insurance Company Ltd. | 3.15% | 3.89% |
| ICICI Lombard General Insurance Company Ltd. | 2.77% | 1.78% |
| Bajaj Finserv Ltd. | 2.63% | 1.50% |
| Bajaj Finance Ltd. | 1.46% | 5.07% |
| Aavas Financiers Ltd. | 1.32% | 1.76% |
| BSE Ltd. | 1.62% | 1.27% |
| Max Financial Services Ltd. | 1.57% | 1.19% |
| Life Insurance Corporation of India | 1.43% | 0.99% |
| Cholamandalam Investment And Finance Company Ltd. | 0.89% | 1.01% |
| Multi Commodity Exchange Of India Ltd. | 0.80% | 1.06% |
| HDFC Life Insurance Company Ltd. | 2.63% | 0.74% |
| SBI Cards & Payment Services Ltd. | 3.09% | 0.43% |
| CreditAccess Grameen Ltd. | 0.41% | 0.63% |
| General Insurance Corporation of India | 0.29% | 0.87% |
| HDB Financial Services Ltd. | 1.66% | 0.03% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 63.9% means 63.9% 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 ICICI Prudential Banking & Financial Services Fund
| Security | % of fund |
|---|---|
| LIC Housing Finance Ltd. | 2.19% |
| Anand Rathi Wealth Ltd. | 1.77% |
| Can Fin Homes Ltd. | 1.59% |
| PNB Housing Finance Ltd. | 1.55% |
| Go Digit General Insurance Ltd | 1.30% |
Largest holdings only in UTI - Banking and Financial Services Fund
| Security | % of fund |
|---|---|
| EQ - SHRIRAM FINANCE LTD | 4.61% |
| EQ - UJJIVAN SMALL FINANCE BANK LTD | 3.93% |
| EQ - BANK OF MAHARASHTRA | 1.10% |
| EQ - ADITYA BIRLA CAPITAL LTD | 0.99% |
| EQ - KFIN TECHNOLOGIES LTD | 0.97% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Banking & Financial Services | UTI - Banking and Financial Services |
|---|---|---|
| Equity | 97.1% | 98.7% |
| Debt | 1.5% | 0.0% |
| Cash and others | 1.4% | 1.3% |
Market cap of stocks
| Market cap | ICICI Prudential Banking & Financial Services | UTI - Banking and Financial Services |
|---|---|---|
| Large Cap | 65.2% | 78.2% |
| Mid Cap | 12.5% | 9.9% |
| Small Cap | 18.4% | 10.0% |
| Not on AMFI's list | 1.0% | 0.7% |
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 | ICICI Prudential Banking & Financial Services | UTI - Banking and Financial Services |
|---|---|---|
| Banks | 52.1% | 64.5% |
| Finance | 21.9% | 18.0% |
| Insurance | 15.1% | 9.5% |
| Capital Markets | 7.8% | 4.7% |
| Financial Technology (Fintech) | 0.0% | 1.5% |
| Not Applicable | 0.0% | 0.7% |
| Commercial Services & Supplies | 0.2% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Banking & Financial Services vs UTI - Banking and Financial Services: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Banking & Financial Services Fund | UTI - Banking and Financial Services Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.25% | 1.45% |
| Base expense ratio (Direct) | 0.89% | 0.99% |
| Total expense ratio (Regular) | 1.95% | 2.38% |
| Base expense ratio (Regular) | 1.49% | 1.82% |
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
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Compare UTI - Banking and Financial Services with
- UTI - Banking and Financial Services vs Nippon India Taiwan Equity
- UTI - Banking and Financial Services vs HDFC Defence
- UTI - Banking and Financial Services vs HDFC Pharma and Healthcare
- UTI - Banking and Financial Services vs SBI Healthcare Opportunities
- UTI - Banking and Financial Services vs Aditya Birla Sun Life International Equity
ICICI Prudential Banking & Financial Services Fund vs UTI - Banking and Financial Services Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Banking & Financial Services Fund and UTI - Banking and Financial Services Fund?
ICICI Prudential Banking & Financial Services Fund is a Thematic fund, UTI - Banking and Financial Services Fund is a Thematic fund, run by ICICI Prudential Mutual Fund and UTI Mutual Fund. Their portfolios overlap 63.9%. ICICI Prudential Banking & Financial Services Fund charges 1.25% a year and UTI - Banking and Financial Services Fund 1.45%.
Which has given higher returns, ICICI Prudential Banking & Financial Services Fund or UTI - Banking and Financial Services Fund?
Over 1 year: ICICI Prudential Banking & Financial Services Fund −9.07%, UTI - Banking and Financial Services Fund −5.38%. Over 3 years: ICICI Prudential Banking & Financial Services Fund +9.15% a year, UTI - Banking and Financial Services Fund +11.97% a year. Over 5 years: ICICI Prudential Banking & Financial Services Fund +8.04% a year, UTI - Banking and Financial Services Fund +9.64% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential Banking & Financial Services Fund or UTI - Banking and Financial Services Fund?
ICICI Prudential Banking & Financial Services Fund charges less: 1.25% a year against 1.45%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential Banking & Financial Services Fund and UTI - Banking and Financial Services Fund overlap?
63.9%. They hold 20 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, KOTAKBANK. From each fund's latest monthly portfolio.
Which is better for SIP, ICICI Prudential Banking & Financial Services Fund or UTI - Banking and Financial Services Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,41,113 in ICICI Prudential Banking & Financial Services Fund (XIRR 7.6% a year) and ₹7,80,380 in UTI - Banking and Financial Services Fund (XIRR 9.6% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both ICICI Prudential Banking & Financial Services Fund and UTI - Banking and Financial Services Fund?
Yes. 63.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages ICICI Prudential Banking & Financial Services Fund and UTI - Banking and Financial Services Fund?
ICICI Prudential Banking & Financial Services Fund: Antariksha Banerjee, Sharmila D'silva. UTI - Banking and Financial Services Fund: Bhavesh Kanani FM 1, Not Applicable FM 2, Not Applicable FM 3, Not Applicable FM 4.
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.