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(%) 33.23 21.59 25.55 18.23
Average Rolling Returns(%) 24.76 22.21 20.88 20.61

The Current NAV of ICICI Prudential Technology Fund - Growth - Direct Plan is ₹188.69.

You can consider SIP in ICICI Prudential Technology Fund - Growth - Direct Plan as it has consistently outperformed the benchmark and has a Very good quality portfolio. However, funds returns unlikely to be different than its benchmark S&P BSE TECk Index, as the Funds portfolio is similar to its benchmark.

ICICI Prudential Technology Fund - Growth - Direct Plan fund’s expense ratio is 0.92%

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 ₹12,224 Crores.

The Top three stocks are Infosys, TCS and Bharti Airtel and account for 46% of its portfolio. Top 5 and 10 stocks of fund account for 60% and 73% of fund’s portfolio respectively.

Top three sectors of ICICI Prudential Technology Fund - Growth - Direct Plan fund are IT, Telecom and Miscellaneous accounting for 93% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green 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 46.76 and PB ratio is 8.96

The asset allocation of ICICI Prudential Technology Fund - Growth - Direct Plan is Stocks : 97.17%, Debt : 2.82% 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

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