Historical NAV & returns
NAV: ₹239.51 as on Sep 16, 2024
This fund Category average
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This fund Category average
ET Money rank in Sectoral-Technology
#5
of 5 funds
Consistency of returns
- 2.5
- Poor
Protection from volatility
- 3.0
- Average
Return Outperformance: This fund has generated highest return amongst Sectoral-Technology funds in the last 5 Years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Age: This is the 3rd oldest Sectoral-Technology fund.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Exit Load: Exit load of 1% if redeemed within 15 days
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Fund overview
VRO rating | N.A. |
Expense ratio | 0.9%as on Aug 31, 2024 |
Exit load | 1.0% Exit load of 1% if redeemed within 15 days! |
AUM (Fund size) | ₹14,212 Crs |
Lock-in | No Lockin |
Age | 11 yrs 8 m since Jan 01, 2013 |
Benchmark | BSE Teck TRI |
Min. investment | SIP ₹500 & Lump. ₹5000 |
Risk | Very High |
Short term capital gains (STCG) | Returns taxed at 20% if you redeem before 1 year |
Long term capital gains (LTCG) | After 1 year, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year |
Returns calculator
Investment type
Investment period
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Investment period
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
- Total investment ₹ 12 lakh
- Profit ₹12 lakhs
- Total corpus ₹1 lakh
- Absolute return 52.69%
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Trailing returns as on Sep 17, 2024
Period | This fund | Category average |
---|---|---|
1 month | 5.55% | 4.47% |
3 months | 22.27% | 19.5% |
6 months | 22.76% | 23.9% |
1 year | 39.74% | 42.37% |
3 years | 11.93% | 14.44% |
5 years | 30.4% | 29.77% |
10 years | 19.98% | 19.6% |
Asset allocationas on Aug 31, 2024
Large Cap 69.916532%
Mid Cap 11.08715%
Small Cap 15.396677%
Other Cap 0.009641000000004932%
Top holdings
Infosys Ltd.24.11%
Tata Consultancy Services Ltd.11.52%
Bharti Airtel Ltd.8.26%
LTIMindtree Ltd.5.46%
Top sectors
Technology 71.53000000000002%
Communication 11.41%
Services 10.12%
Capital Goods 1.73%
Credit quality
Bifurcation by Credit Quality is not available for this fund
Top Debt Holdings
Reserve Bank of India 0.31%
Allocation by Instruments
Repo 2.91499508%
Foreign - Equity 2.16167211%
Treasury Bills 0.30766156%
Net Current Assets 0.30295263%
Other Holdings
Others 0.06%
Peer comparison
Fund name | ETM Rank | AUM (in Crs.) | Fund age | Expense ratio |
---|---|---|---|---|
ICICI Prudential Technology Fund | #5 | ₹14,212 Crs | 11 yrs 8 m | 0.9% |
SBI Technology Opportunities Fund | #1 | ₹4,387 Crs | 11 yrs 8 m | 0.82% |
Franklin India Technology Fund | #2 | ₹1,892 Crs | 11 yrs 8 m | 1.06% |
Tata Digital India Fund | #3 | ₹12,041 Crs | 8 yrs 9 m | 0.35% |
Aditya Birla Sun Life Digital India Fund | #4 | ₹5,311 Crs | 11 yrs 8 m | 0.74% |
Fund name | 1M | 6M | 1Y | 3Y | 5Y | 10Y |
---|---|---|---|---|---|---|
ICICI Prudential Technology Fund | 5.55% | 22.76% | 39.74% | 11.93% | 30.4% | 19.98% |
SBI Technology Opportunities Fund | 4.88% | 22.85% | 37.28% | 14.57% | 28.32% | 18.92% |
Franklin India Technology Fund | 3.84% | 25.57% | 51.14% | 18.14% | 29.6% | 18.88% |
Tata Digital India Fund | 5.14% | 24.78% | 45.46% | 14.29% | 30.59% | 19.93% |
Aditya Birla Sun Life Digital India Fund | 5.16% | 19.95% | 34.98% | 13.27% | 29.95% | 20.61% |
Fund name | Std. deviation | Beta | Sharpe | Sortino |
---|---|---|---|---|
ICICI Prudential Technology Fund | 18.44 | 0.88 | 0.45 | 0.8 |
SBI Technology Opportunities Fund | 17.13 | 0.8 | 0.56 | 0.91 |
Franklin India Technology Fund | 17.44 | 0.74 | 0.74 | 1.27 |
Tata Digital India Fund | 18.91 | 0.9 | 0.57 | 1.02 |
Aditya Birla Sun Life Digital India Fund | 18.43 | 0.87 | 0.5 | 0.92 |
View all Sectoral-technology funds
Key risk & return ratios Compared to other funds in the category
Alpha | 2.69vs.2.54 Higher outperformance against benchmark |
Sharpe | 0.45vs.6.12 Poor risk-adjusted returns |
Beta | 0.88vs.0.53 More sensitive to market's ups & downs |
Standard deviation | 18.44vs.10.04 More volatile performance |
Alpha
Alpha in mutual funds measures excess return relative to a benchmark, indicating a manager's skill at generating returns beyond market performance.
Sharpe
Sharpe Ratio evaluates a fund's return relative to its risk. Higher values signify better risk-adjusted performance.
Beta
Beta in mutual funds indicates a fund's sensitivity to market changes. A beta over 1 means it's more volatile than the market, while below 1 implies less volatility.
Standard deviation
Standard deviation measures the volatility of a fund's returns. The higher the value, the riskier the investment.
Compare this fund in detail with
About this fund
About ICICI Prudential Technology Fund
ICICI Prudential Technology Direct Plan-Growth is a Sectoral-Technology mutual fund scheme from Icici Prudential Mutual Fund. This fund has been in existence for 11 yrs 8 m, having been launched on 01/01/2013. ICICI Prudential Technology Direct Plan-Growth has ₹14,212 Crores worth of assets under management (AUM) as on 30/06/2024 and is medium-sized fund of its category. The fund has an expense ratio of 0.9%, which is close to what most other Sectoral-technology funds charge.
- ICICI Prudential Technology Direct Plan-Growth returns of last 1-year are 38.26%. Since launch, it has delivered 23.90% average annual returns. The fund has doubled the money invested in it every 4 yrs.
- ICICI Prudential Technology Direct Plan-Growth scheme's ability to deliver returns consistently is lower than most funds of its category. Its ability to control losses in a falling market is low.
- The fund has the majority of its money invested in Technology, Communication, Services, Capital Goods, Consumer Discretionary sectors. It has taken less exposure in Technology, Communication sectors compared to other funds in the category.
- The fund's top 5 holdings are in Infosys Ltd., Tata Consultancy Services Ltd., Bharti Airtel Ltd., LTIMindtree Ltd., HCL Technologies Ltd..
...
Fund AUM | ₹14,212 Crs as on Jun 30, 2024 |
Scheme document | View Scheme Document |
Fund managers
Vaibhav Dusad
Mr. Dusad has done B.Tech, M.Tech and MBA Prior to joining ICICI Prudential AMC Ltd, he has worked with Morgan Stanley, HSBC Global Banking and Markets, CRISIL, Zinnov Mangement Consulting and Citibank Singapore.
Investment objective
The scheme will seek long term capital appreciation by investing in equity and equity related securities of technology and technology dependent companies. A large share of the AUM will be invested in the stocks under the Benchmark Index, however, the scheme may also invest in other companies which form a part of Information Technology Services Industry.
ICICI Prudential Mutual Fund details
No. of schemes | 91 view all schemes |
Total AUM | ₹7,77,436 Crs as on Jun 30, 2024 |
Address | One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai, 400051 |
More funds from ICICI Prudential Mutual Fund
Fund name | ETM Rank | AUM (in Crs.) | 1Y | 5Y |
---|---|---|---|---|
ICICI Prudential Commodities Fund | N.A. | ₹2,557 Crs | 33.64% | N.A. |
ICICI Prudential Infrastructure Fund | #2 | ₹6,143 Crs | 58.48% | 34.0% |
ICICI Prudential Pharma Healthcare And Diagnostics (P.H.D) Fund | #2 | ₹4,808 Crs | 62.53% | 33.86% |
ICICI Prudential Smallcap Fund | #8 | ₹8,731 Crs | 37.94% | 33.03% |
ICICI Prudential India Opportunities Fund | #1 | ₹23,840 Crs | 43.34% | 31.94% |
ICICI Prudential Manufacturing Fund | #2 | ₹6,752 Crs | 55.68% | 31.11% |
See all Equity funds from this AMC
Frequently asked questions
How fund report card works
Identifying a top performing fund that consistently creates wealth can be a challenging task due to the dynamic nature of the market. Top funds often change frequently, sometimes even on a daily basis.
However, with ET Money's fund report card, it is now possible to find a fund that consistently ranks at the top and generates wealth over a long period of time. This valuable resource makes it easier to navigate the complex and constantly changing world of financial markets.
At ET Money, we have developed a smart ranking system for funds based on their consistency. We believe that consistently performing at the top of a category is more important than just occasionally ranking highly. To evaluate the consistency of a fund, we have identified two key parameters: "consistency of returns" and "protection from volatility." We assess these parameters by analyzing the strong performance and low volatility of a fund over a prolonged period of time. To arrive at a rating for these parameters, we carefully consider the track record of a fund in terms of both performance and volatility.
In our ranking methodology, we prioritize funds that consistently perform well over those that fluctuate in their performance. To ensure stability in our rankings, we analyzed data for a minimum of five years, rather than just a year or two. We also placed a greater emphasis on recent performance, as it tends to have a greater impact on momentum. This allows us to capture the full potential of recent momentum in our rankings.
How are the returns of ICICI Prudential Technology Fund ?
The ICICI Prudential Technology Fund is a 11 yrs 8 m old fundand has delivered average annual returns of 23.89% since inception.
ICICI Prudential Technology Fund Returns
1-Year | 3-Year | 5-Year | 10-Year | Since Inception |
---|---|---|---|---|
39.74% | 11.93% | 30.4% | 19.98% | 23.89% |
What is the current NAV of ICICI Prudential Technology Fund?
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of ICICI Prudential Technology Fund for Sep 16, 2024 is 239.51.
How do I invest in ICICI Prudential Technology Fund?
On ET Money, Investing in ICICI Prudential Technology Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
- Click on the Invest Now Button present on the top right-hand side.
- Enter your email id, select whether you want to do a one-time investment or start a SIP and add the amount
- Provide few more details needed including the bank account from which you will be making the payment and confirm.
- That's it. Your SIP or one-time investment in ICICI Prudential Technology Fund is done.
How much does ICICI Prudential Technology Fund charge as expense ratio?
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of ICICI Prudential Technology Fund is 0.9%..
How can I redeem my investments in ICICI Prudential Technology Fund?
Redeeming your investments in ICICI Prudential Technology Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in ICICI Prudential Technology Fund from anywhere else, you can go to the fund house website and put a request through it.
What is the AUM or size of ICICI Prudential Technology Fund?
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of ICICI Prudential Technology Fund is ₹14,212 Crs.
What are the top stock holdings of ICICI Prudential Technology Fund?
The ICICI Prudential Technology Fund has invested the majority of its money in the stocks of the following companies -
Company | Percentage of Portfolio |
---|---|
Infosys Ltd. | 24.11% |
Tata Consultancy Services Ltd. | 11.52% |
Bharti Airtel Ltd. | 8.26% |
LTIMindtree Ltd. | 5.46% |
HCL Technologies Ltd. | 5.29% |
Tech Mahindra Ltd. | 5.06% |
Wipro Ltd. | 2.97% |
Bharti Airtel Ltd. - (Partly Paid up Equity Shares (Rights Issue)) | 2.73% |
Zomato Ltd. | 2.53% |
Persistent Systems Ltd. | 2.37% |
What are the top sectors ICICI Prudential Technology Fund has invested in?
The ICICI Prudential Technology Fund has primarily invested in the following sectors
Sector | Percentage of Portfolio |
---|---|
Technology | 71.53000000000002% |
Communication | 11.41% |
Services | 10.12% |
Capital Goods | 1.73% |
Others | 0.88% |
Consumer Discretionary | 0.59% |
Insurance | 0.12% |
Metals & Mining | 0.06% |
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