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ICICI Pru Technology Fund(G)-Direct Plan

FAQ : ICICI Prudential Technology Fund - Growth - Direct Plan

ICICI Prudential Technology Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) N/A 7.51 3.96 18.49
Average Rolling Returns(%) 23.07 18.61 20.08 19.02

The Current NAV of ICICI Prudential Technology Fund - Growth - Direct Plan is ₹199.09.

You can consider SIP in ICICI Prudential Technology Fund - Growth - Direct Plan as it has outperformed the benchmark most of the time and has a Somewhat good quality portfolio. Funds returns are more likely to be different than its benchmark NIFTY IT returns, as Funds portfolio is significantly different.

ICICI Prudential Technology Fund - Growth - Direct Plan fund’s expense ratio is 0.89%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of ICICI Prudential Technology Fund - Growth - Direct Plan is currently ₹13,661 Crores.

The Top three stocks are Infosys, Bharti Airtel and Tech Mahindra and account for 31% of its portfolio. Top 5 and 10 stocks of fund account for 40% and 54% of fund’s portfolio respectively.

Top three sectors of ICICI Prudential Technology Fund - Growth - Direct Plan fund are IT, Telecom and Miscellaneous accounting for 82% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - Sectoral Fund - Technology it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of ICICI Prudential Technology Fund - Growth - Direct Plan Fund is Equity - Sectoral Fund - Technology.

Vaibhav Dusad manages the ICICI Prudential Technology Fund - Growth - Direct Plan Fund.

ICICI Prudential Technology Fund - Growth - Direct Plan current PE ratio is 35.83 and PB ratio is 6.10

The asset allocation of ICICI Prudential Technology Fund - Growth - Direct Plan is Stocks : 97.09%, Debt : 2.92% and Gold : 0%

The minimum SIP amount for ICICI Prudential Technology Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹5000.00

The exit load for ICICI Prudential Technology Fund - Growth - Direct Plan is 1% on or before 15 days, NIL after 15 days