ICICI Pru ESG Exclusionary Strategy Fund
The scheme seeks to generate long-term capital appreciation by investing in a diversified basket of companies identified based on the Environmental, Social and Governance (ESG) theme following Exclusion Strategy.
Growthvine rating: 3/5 — ranked #48 of 184 in category.
Fund basics
| Category | Equity: Thematic |
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| NAV | ₹20.30 (as of 2026-10-01) |
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| AUM | ₹1,356 Cr |
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| Expense ratio | 1.84% |
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| Riskometer | Very High |
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| Fund manager | Ayush Shah |
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| Exit load | 1% for redemption within 1 month |
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Performance & risk
| 5-year annualised return | 8.06% |
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| Sharpe ratio | 0.46 |
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| Standard deviation | 14.61% |
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| Max drawdown | −19.92% |
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| Alpha | 1.48 |
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| Beta | 0.97 |
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Over 5 years, captured 94.9% of NIFTY100 ESG's upside and 84.9% of its downside.
Market cap allocation
| Large cap | 69.1% |
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| Mid cap | 7.6% |
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| Small cap | 23.3% |
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Concentration
| Top 5 holdings | 31.7% |
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| Top 10 holdings | 47.4% |
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| Total holdings | 56 |
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Top holdings
- HDFC Bank Ltd. — 9.1%
- ICICI Bank Ltd. — 7.8%
- Sun Pharmaceutical Industries Ltd. — 5.5%
- TVS Motor Company Ltd. — 4.9%
- AXIS Bank Ltd. — 4.6%
- Maruti Suzuki India Ltd. — 4.0%
- Avenue Supermarts Limited — 3.3%
- Bharti Airtel Ltd. — 2.9%
- Eternal Limited — 2.8%
- InterGlobe Aviation Limited — 2.6%
Top sectors
- Banking & Financial — 25.3%
- Automobile — 14.2%
- Pharma & Biotech — 9.5%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −10.7% | Q4 (Bottom) | #152 of 167 |
| 2025 | 6.2% | Q2 | #48 of 132 |
| 2024 | 21.7% | Q2 | #32 of 86 |
| 2023 | 31.9% | Q2 | #26 of 66 |
| 2022 | −3.6% | Q4 (Bottom) | #44 of 55 |