ICICI Prudential Technology Fund Growth

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Equity
Sector - Technology
Rating N.A.
Plan

158.91 +0.25 (0.16%) NAV as on 01 Dec, 2023

5D
1M
6M
1Y
5Y
MAX

Key Metrics

AUM (in Cr)11158.89
CAGR 10.47%
Exit Load1.00%
Expense ratio1.78%
CategoryEquity
Min Investment5000
Min SIP100
Launch Date2000-03-03

Asset Allocation

Holdings As On - 03 December 2023

Holdings

Sectors

Name
Value (Cr)
Holding %

Infosys
3104.40
27.82%

Tata Consultancy Services
1526.39
13.68%

Bharti Airtel
926.01
8.30%

HCL Technologies
779.80
6.99%

Tech Mahindra
614.15
5.50%

LTI Mindtree
514.64
4.61%

Persistent Systems
319.26
2.86%

Treps
317.09
2.84%

Wipro
250.25
2.24%

Mphasis
223.09
2.00%

Peer Comparison

Fund Name
Aditya Birla Sun Life Digital India Fund Growth19.77%
ICICI Prudential Technology Fund Growth10.47%
Tata Digital India Fund Regular Growth13.41%
SBI Technology Opportunities Fund Regular Growth10.86%
Franklin India Technology Fund Growth33.88%

Risk & Volitility

Alpha 3.68%
Beta 0.96
Sharpe Ratio1.09
Std Deviation 19.78%
Tracking Error 8.52%

About Fund

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 11158.89 crores & has delivered CAGR of 22.99% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.78%. 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 1.09 & a standard deviation of 19.78%.