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: 4/5 — ranked #41 of 179 in category.
Fund basics
| Category | Equity: Thematic |
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| NAV | ₹21.64 (as of 2026-08-21) |
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| AUM | ₹1,365 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 | 10.29% |
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| Sharpe ratio | 0.49 |
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| Standard deviation | 14.59% |
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| Max drawdown | -19.92% |
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| Alpha | 2.19 |
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| Beta | 0.96 |
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Over 5 years, captured 93.2% of NIFTY100 ESG's upside and 86.4% of its downside.
Market cap allocation
| Large cap | 66.9% |
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| Mid cap | 9.1% |
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| Small cap | 24.1% |
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Concentration
| Top 5 holdings | 32.1% |
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| Top 10 holdings | 48.9% |
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| Total holdings | 54 |
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Top holdings
- ICICI Bank Ltd. — 7.6%
- HDFC Bank Ltd. — 7.0%
- Sun Pharmaceutical Industries Ltd. — 6.7%
- TVS Motor Company Ltd. — 6.6%
- AXIS Bank Ltd. — 4.3%
- Maruti Suzuki India Ltd. — 4.2%
- Bharti Airtel Ltd. — 3.9%
- Eternal Limited — 3.1%
- TREPS — 3.1%
- Avenue Supermarts Limited — 2.9%
Top sectors
- Banking & Financial — 22.3%
- Automobile — 14.9%
- Pharma & Biotech — 11.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | -4.8% | Q4 (Bottom) | #159 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 |