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 #54 of 186 in category.
Fund basics
| Category | Equity: Thematic |
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| NAV | ₹21.86 (as of 2026-11-11) |
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| AUM | ₹1,275 Cr |
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| Expense ratio | 1.85% |
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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 | 7.66% |
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| Sharpe ratio | 0.31 |
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| Standard deviation | 15.05% |
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| Max drawdown | −19.92% |
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| Alpha | 1.79 |
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| Beta | 0.97 |
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Over 5 years, captured 91.2% of NIFTY100 ESG's upside and 87.4% of its downside.
Market cap allocation
| Large cap | 67.4% |
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| Mid cap | 6.8% |
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| Small cap | 25.8% |
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Concentration
| Top 5 holdings | 31.5% |
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| Top 10 holdings | 47.2% |
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| Total holdings | 51 |
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Top holdings
- HDFC Bank Ltd. — 9.7%
- ICICI Bank Ltd. — 7.9%
- AXIS Bank Ltd. — 4.8%
- TVS Motor Company Ltd. — 4.8%
- Maruti Suzuki India Ltd. — 4.3%
- Sun Pharmaceutical Industries Ltd. — 3.5%
- Avenue Supermarts Limited — 3.3%
- Mahindra & Mahindra Ltd. — 3.0%
- Bharti Airtel Ltd. — 3.0%
- InterGlobe Aviation Limited — 2.9%
Top sectors
- Banking & Financial — 25.8%
- Automobile — 15.4%
- Retail — 8.2%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | −3.8% | Q4 (Bottom) | #151 of 167 |
| 2025 | 6.2% | Q2 | #47 of 132 |
| 2024 | 21.7% | Q2 | #33 of 87 |
| 2023 | 31.9% | Q2 | #27 of 67 |
| 2022 | −3.6% | Q4 (Bottom) | #44 of 56 |