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 #32 of 84 in category.
Fund basics
| Category | Equity: Sectoral |
|---|
| NAV | ₹183.94 (as of 2026-08-21) |
|---|
| AUM | ₹13,540 Cr |
|---|
| Expense ratio | 1.46% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Vaibhav Dusad |
|---|
| Exit load | 1% for redemption within 15 days |
|---|
Performance & risk
| 5-year annualised return | 5.70% |
|---|
| Sharpe ratio | 0.21 |
|---|
| Standard deviation | 20.30% |
|---|
| Max drawdown | -70.17% |
|---|
| Alpha | 6.23 |
|---|
| Beta | 0.83 |
|---|
Over 5 years, captured 89.4% of NIFTY IT's upside and 77.9% of its downside.
Market cap allocation
| Large cap | 49.4% |
|---|
| Mid cap | 21.7% |
|---|
| Small cap | 28.9% |
|---|
Concentration
| Top 5 holdings | 41.8% |
|---|
| Top 10 holdings | 55.8% |
|---|
| Total holdings | 67 |
|---|
Top holdings
- Infosys Ltd — 12.8%
- Bharti Airtel Ltd. — 12.6%
- Tech Mahindra Limited — 7.5%
- COFORGE LIMITED — 4.5%
- Mphasis Limited — 4.4%
- LTM LIMITED — 3.4%
- COGNIZANT TECH SOLUTIONS — 3.0%
- Wipro Ltd. — 2.7%
- Persistent Systems Limited — 2.5%
- Sagility Limited — 2.4%
Top sectors
- Software & Services — 58.7%
- Telecom — 14.9%
- Retail — 7.6%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | -12.1% | Q4 (Bottom) | #74 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 |