ICICI Pru Technology Fund
The scheme will seek long term capital appreciation by investing in equity and equity related securities of technology and technology dependent companies. A large share of the AUM will be invested in the stocks under the Benchmark Index, however, the scheme may also invest in other companies which form a part of Information Technology Services Industry.
Growthvine rating: 3/5 — ranked #30 of 87 in category.
Fund basics
| Category | Equity: Sectoral |
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| NAV | ₹184.30 (as of 2026-10-22) |
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| AUM | ₹12,505 Cr |
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| Expense ratio | 1.47% |
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| Riskometer | Very High |
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| Fund manager | Vaibhav Dusad |
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| Exit load | 1% for redemption within 15 days |
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Performance & risk
| 5-year annualised return | 1.78% |
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| Sharpe ratio | 0.01 |
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| Standard deviation | 20.88% |
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| Max drawdown | −70.17% |
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| Alpha | 5.81 |
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| Beta | 0.83 |
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Over 5 years, captured 88.1% of NIFTY IT's upside and 78.3% of its downside.
Market cap allocation
| Large cap | 48.4% |
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| Mid cap | 21.3% |
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| Small cap | 30.3% |
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Concentration
| Top 5 holdings | 39.7% |
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| Top 10 holdings | 54.7% |
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| Total holdings | 68 |
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Top holdings
- Bharti Airtel Ltd. — 13.5%
- Infosys Ltd — 9.3%
- Tech Mahindra Limited — 8.4%
- Mphasis Limited — 4.4%
- HCL Technologies Ltd — 4.2%
- COFORGE LIMITED — 3.9%
- COGNIZANT TECH SOLUTIONS — 3.4%
- LTM LIMITED — 2.6%
- Sagility Limited — 2.5%
- Eternal Limited — 2.5%
Top sectors
- Software & Services — 55.7%
- Telecom — 16.1%
- Retail — 8.1%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −11.9% | Q4 (Bottom) | #69 of 76 |
| 2025 | −1.9% | Q3 | #40 of 69 |
| 2024 | 25.4% | Q2 | #29 of 58 |
| 2023 | 27.5% | Q3 | #34 of 48 |
| 2022 | −23.2% | Q4 (Bottom) | #45 of 46 |