ICICI Pru Nifty IT Index Fund
The scheme seeks to invest in companies whose securities are included in Nifty IT Index and subject to tracking errors, to endeavor to achieve the returns of the above index.
Growthvine rating: 2/5 — ranked #180 of 245 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹9.84 (as of 2026-10-01) |
|---|
| AUM | ₹468 Cr |
|---|
| Expense ratio | 0.75% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Ajay Kumar Solanki |
|---|
| Exit load | 0 |
|---|
Performance & risk
| Sharpe ratio | -0.06 |
|---|
| Standard deviation | 24.82% |
|---|
| Max drawdown | −42.68% |
|---|
| Alpha | 1.58 |
|---|
| Beta | 1.04 |
|---|
Market cap allocation
| Large cap | 80.5% |
|---|
| Mid cap | 19.5% |
|---|
| Small cap | 0.0% |
|---|
Concentration
| Top 5 holdings | 78.1% |
|---|
| Top 10 holdings | 100.0% |
|---|
| Total holdings | 10 |
|---|
Top holdings
- Infosys Ltd — 28.9%
- Tata Consultancy Services Ltd. — 20.3%
- HCL Technologies Ltd — 11.4%
- Tech Mahindra Limited — 10.5%
- COFORGE LIMITED — 7.0%
- Persistent Systems Limited — 6.2%
- Wipro Ltd. — 5.1%
- LTM LIMITED — 4.3%
- Mphasis Limited — 3.3%
- Oracle Financial Services Software Limited — 3.0%
Top sectors
- Software & Services — 100.0%
- Cash — 0.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −24.8% | — | — |
| 2025 | −11.1% | — | — |
| 2024 | 23.2% | — | — |
| 2023 | 25.0% | — | — |