ICICI Prudential Technology Fund Growth

• Alpha 3.68%
• Beta 0.96
• Sharpe Ratio0.87
• Std Deviation 19.15%
• Tracking Error 8.52%

To generate long-term capital appreciation by creating a portfolio that is invested in equity and equity related securities of technology and technology dependent companies. However there can be no assurance or garuntee that the investment objective of the Scheme would be achieved.

The ICICI Prudential Technology Fund Growth has an AUM of 10868.01 crores & has delivered CAGR of 23.38% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.76%. The minimum investment in ICICI Prudential Technology Fund Growth is Rs 5000 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

The top holdings of the fund include Infosys, Tata Consultancy Services, Bharti Airtel & HCL Technologies.

The major sectors where the fund is invested are Software & Programming, Communications Services, Computer Services & Broadcasting & Cable TV.

Some of the similar funds are Aditya Birla Sun Life Digital India Fund Growth, ICICI Prudential Technology Fund Growth, Tata Digital India Fund Regular Growth, SBI Technology Opportunities Fund Regular Growth, Franklin India Technology Fund Growth. ICICI Prudential Technology Fund Growth has a sharpe ratio of 0.87 & a standard deviation of 19.15%.