ICICI Pru Technology Fund – Direct Growth

100
Min SIP
5,000
Min Lumpsum
0.87 %
Expense Ratio
Rating
12,248
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 21 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 28% 21% 25.6% 23.1%
Category Average 26% 16.4% 19.9% -

Scheme Allocation

By Holding
By Sector
By Asset
23.52%
TCS
14.24%
Others
39.86%
View all Holdings
Holdings Sector Instrument Asset
Infosys IT - Software Equity 23.52%
TCS IT - Software Equity 14.24%
Bharti Airtel Telecomm-Service Equity 8.56%
HCL Technologies IT - Software Equity 7.68%
Tech Mahindra IT - Software Equity 6.14%
LTIMindtree IT - Software Equity 4.63%
Persistent Sys IT - Software Equity 2.83%
Bharti Airtel PP Telecomm-Service Equity 1.82%
Mphasis IT - Software Equity 1.69%
Firstsour.Solu. IT - Software Equity 1.59%
Zensar Tech. IT - Software Equity 1.56%
KPIT Technologi. IT - Software Equity 1.52%
Info Edg.(India) E-Commerce/App based Aggregator Equity 1.33%
Cyient IT - Software Equity 1.33%
Coforge IT - Software Equity 1%
Rategain Travel IT - Software Equity 0.92%
L&T Technology IT - Software Equity 0.91%
Zomato Ltd E-Commerce/App based Aggregator Equity 0.9%
AXISCADES Tech. IT - Software Equity 0.89%
Yatra Online E-Commerce/App based Aggregator Equity 0.87%
Indiamart Inter. E-Commerce/App based Aggregator Equity 0.84%
Wipro IT - Software Equity 0.74%
eClerx Services IT - Software Equity 0.63%
Zee Entertainmen Entertainment Equity 0.61%
Intellect Design IT - Software Equity 0.59%
Mastek IT - Software Equity 0.56%
Siemens Capital Goods - Electrical Equipment Equity 0.55%
Affle India IT - Software Equity 0.54%
Sonata Software IT - Software Equity 0.48%
Team Lease Serv. Miscellaneous Equity 0.48%
Hitachi Energy Capital Goods - Electrical Equipment Equity 0.42%
KFin Technolog. Miscellaneous Equity 0.42%
Route Mobile IT - Software Equity 0.35%
Updater Services Miscellaneous Equity 0.35%
NIIT Learning IT - Software Equity 0.35%
Cartrade Tech Retail Equity 0.3%
Oracle Fin.Serv. IT - Software Equity 0.29%
Birlasoft Ltd IT - Software Equity 0.26%
Onward Technolog IT - Software Equity 0.17%
Zaggle Prepaid IT - Software Equity 0.14%
FSN E-Commerce E-Commerce/App based Aggregator Equity 0.12%
Jyoti CNC Auto. Capital Goods-Non Electrical Equipment Equity 0.09%
PVR Inox Entertainment Equity 0.08%
Nazara Technolo. IT - Software Equity 0.08%
NIIT Computer Education Equity 0.05%
Tracxn Technolo. IT - Software Equity 0.03%
Latent View IT - Software Equity 0.01%
Nucleus Soft. IT - Software Equity 0.01%
Cams Services Miscellaneous Equity 0%
IT-Software
68.66%
Telecom-Services
10.74%
Others
3.95%
IT-Services
3.83%
Retailing
3.49%
Others
9.34%
View all Sectors
Sectors Asset
IT-Software 68.66%
Telecom-Services 10.74%
Others 3.95%
IT-Services 3.83%
Retailing 3.49%
Commercial Services & Sup 3.07%
Debt 2.57%
Electrical Equipments 0.96%
Leisure Services 0.87%
Entertainment 0.77%
Capital Markets 0.42%
Other Consumer Services 0.39%
IT Services 0.14%
Cement & Cement Products 0.14%
Industrial Manufacturing 0.09%
Cash & Others -0.09%
Equity
93.57%
Foreign Equity
3.42%
Reverse Repos
2.57%
Derivatives
0.53%
Net Curr Ass/Net Receivables
-0.09%
Others
0%

Advance Ratio

6.31
Alpha
5.31
SD
0.99
Beta
0.84
Sharpe

Exit Load

Exit Load 1.00% - If units purchased or switched in from another scheme of the Fund are redeemed or switched out within 15 days from the date of allotment. Nil - If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 15 days from the date of allotment.

Fund Objective

ICICI Prudential Mutual Fund offers a large-cap mutual fund scheme called the ICICI Prudential Bluechip Fund Direct-Growth. This fund has existed for ten years, having been established on January 1, 2013, and is now managed by Sharmila D’mello, Anish Tawakley, and Vaibhav Dusad. The fund invests 92.78% of its assets in domestic equities, of which 78.64% are in Large Cap companies, 4.78% are in Mid Cap stocks, and 0.3% are in Small Cap stocks. Government securities account for 0.43% of the fund’s debt holdings.

The scheme aims to provide long-term capital appreciation and income distribution for participants via a portfolio that is primarily invested in equity and equity-related instruments of big-size businesses. However, there is no assurance or guarantee that the investing goal of the Scheme will be accomplished.

Pros & Cons

Pros Cons
1 year, 3 year, 5 year, 10 year returns higher than category average. Higher AUM (Rs 35,049 cr) tends to have lower returns in the future.
Low expense ratio.

Who should invest in the ICICI Prudential Bluechip Fund?

ICICI Prudential Bluechip fund may help investors achieve financial success if they want to invest money for at least 3 to 5+ years. Capital appreciation could be used by investors to help their kids with life’s major expenses like weddings, college tuition, etc. In addition to building wealth, the investor may use this money to eventually retire comfortably. However, these investors must also be prepared to sustain a little loss.

What are the benefits of investing in the ICICI Prudential Bluechip Fund?

There are several benefits of ICICI Bluechip funds, such as:

Investment with acceptable risk

The returns from the ICICI Bluechip Fund are protected against market fluctuations. The fund only backs firms with solid track records and balance sheets, giving its investors peace of mind. The fund’s focus is on financially stable businesses with strong cash flow. Investors in the IDCW plan are supported by the fund house’s selection of firms that provide generous dividends. A liquidity crisis may be avoided thanks to the fund’s efforts.

Credibility

Due to the fund’s continuous performance in terms of returns and risk management without risking its capital, the typical investor is confident in the fund’s long-term performance. There has been a fund established to meet the demands of investors for more than a decade.

Cross-sector investing

The fund makes investments across a wide range of industries without favouring anyone in particular. The fund’s holdings include banks, fintech firms, software service providers, motorcycle manufacturers, utilities (including electric and gas companies), telecommunications providers, chemical product producers, and more. Risks associated with a downturn in the industry are well-mitigated thanks to the portfolio’s diverse stock holdings.

Asset allocation mantra

An important portion of the assets of the open-ended ICICI Prudential Bluechip Fund is invested in stocks and stock derivatives. For regular and reliable returns regardless of the state of the economy, the fund also employs futures that may protect against inflationary and deflationary trends.

Fund Managers

Vaibhav Dusad

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

ICICI Prudential Mutual Fund
AUM:
6,41,296 Cr
Address:
One BKC, A-Wing, 13th Floor, Bandra Kurla Complex, Mumbai 400051
Contact:
26525000
Email ID:
enquiry@icicipruamc.com

More Funds from ICICI Prudential Mutual Fund

Fund Name

Mutual Funds By Category

Equity

Debt

Hybrid

equity
Large Cap Mutual Funds Large Cap Mutual Funds
Large Cap
Fund Name
Mid Cap Mutual Funds Mid Cap Mutual Funds
Mid Cap
Fund Name
Small Cap Mutual Funds Small Cap Mutual Funds
Small Cap
Fund Name
Multi Cap Funds Multi Cap Funds
Multi Cap
Fund Name
ELSS Mutual Funds ELSS Mutual Funds
ELSS
Fund Name
Dividend Yield Funds Dividend Yield Funds
Dividend Yield
Fund Name
Sectoral / Thematic Mutual Funds Sectoral / Thematic Mutual Funds
Sectoral / Thematic
Fund Name
Focused Funds Focused Funds
Focused
Fund Name
debt
Ultra Short Duration Funds Ultra Short Duration Funds
Ultra Short Duration
Fund Name
Liquid Mutual Funds Liquid Mutual Funds
Liquid
Fund Name
Gilt Mutual Funds Gilt Mutual Funds
Gilt
Fund Name
Long Duration Funds Long Duration Funds
Long Duration
Fund Name
Overnight Mutual Funds Overnight Mutual Funds
Overnight
Fund Name
Floater Mutual Funds Floater Mutual Funds
Floater
Fund Name
hybrid
Arbitrage Mutual Funds Arbitrage Mutual Funds
Arbitrage
Fund Name
Equity Savings Mutual Funds Equity Savings Mutual Funds
Equity Savings
Fund Name
Aggressive Hybrid Mutual Funds Aggressive Hybrid Mutual Funds
Aggressive Hybrid
Fund Name

Frequently Asked Questions

How to invest in ICICI Pru Technology Fund – Direct Growth ?

You can invest in ICICI Pru Technology Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for ICICI Pru Technology Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of ICICI Pru Technology Fund – Direct Growth ?

The NAV of ICICI Pru Technology Fund – Direct Growth is ₹196.5 as of 21 February 2024.

How to redeem ICICI Pru Technology Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of ICICI Pru Technology Fund – Direct Growth?

The minimum SIP amount of ICICI Pru Technology Fund – Direct Growth is ₹100

What are the top sectors ICICI Pru Technology Fund – Direct Growth has invested in?

The top sectors ICICI Pru Technology Fund – Direct Growth has invested in are
  1. IT-Software - 68.66%
  2. Telecom-Services - 10.74%
  3. Others - 3.95%
  4. IT-Services - 3.83%
  5. Retailing - 3.49%

Can I make investments in both the SIP and Lump Sum schemes of ICICI Pru Technology Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of ICICI Pru Technology Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have ICICI Pru Technology Fund – Direct Growth generated ?

The ICICI Pru Technology Fund – Direct Growth has delivered 23.1% since inception

What is the expense ratio of ICICI Pru Technology Fund – Direct Growth ?

The expense ratio of ICICI Pru Technology Fund – Direct Growth is 0.87 % as of 21 February 2024.

What is the AUM of ICICI Pru Technology Fund – Direct Growth?

The AUM of ICICI Pru Technology Fund – Direct Growth is ₹6,41,296 Cr as of 21 February 2024

What are the top stock holdings of ICICI Pru Technology Fund – Direct Growth?

The top stock holdings of ICICI Pru Technology Fund – Direct Growth are
  1. Infosys - 23.52%
  2. TCS - 14.24%
  3. Bharti Airtel - 8.56%
  4. HCL Technologies - 7.68%
  5. Tech Mahindra - 6.14%

How can I redeem my investments in ICICI Pru Technology Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select ICICI Pru Technology Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.

Is there any lock-in period for ICICI Pru Technology Fund - Direct Growth?

No, there is no lock-in period for ICICI Pru Technology Fund – Direct Growth.

Invest Now