ICICI Pru Technology Fund

Equity | Sectoral / Thematic Mutual Funds
Monthly Amount Invested
Duration
Yr
  • Would Have Become
    --
  • Invested Value
    --
  • Total Gain
    --
  • Returns
    -- per annum
₹100 ₹5,000 0.98 % 0★ ₹8,993 10 Years
Min SIP Min Lumpsum Expense Ratio Rating Fund Size (in Cr) Fund Age
₹100 ₹5,000 0.98 %
Min SIP Min Lumpsum Expense Ratio
0★ ₹8,993 Cr 10 Years
Rating Fund Size Fund Age

Scheme 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.

How to invest in ICICI Prudential Bluechip Fund?

5paisa streamlines the process of investing in the ICICI Prudential Bluechip fund. The procedure has been simplified and now requires no paperwork at all. Simply follow the directions outlined below:

What is the expense ratio of the ICICI Prudential Bluechip Fund?

The Expense Ratio describes the yearly cost that the Mutual Fund provider will charge to manage your money for the duration of your investment in that Mutual Fund. The Expense Ratio is a percentage of the fund’s AUM that is deducted from each unit of performance. If you want to keep more of your earnings for yourself, choose a fund with a low-cost 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.

Scheme Performance

Returns and Ranks ( as on 29 March 2023 )
1 Year1Y 3 Years3Y 5 Years5Y MaxMax
Trailing Returns -19.4% 42.3% 21.8% 21.3%
Category Average -18.6% 28.6% 16.6% -

Scheme Allocation

Holding
Sector
Asset
Infosys
31.63%
TCS
18.38%
Bharti Airtel
8.06%
HCL Technologies
7.68%
Tech Mahindra
6.19%
Others
28.05%
IT-Software
74.77%
Telecom-Services
9.4%
Debt
4.5%
Others
3.66%
Entertainment
2.92%
Others
4.76%
Equity
94.93%
Foreign Equity
3.51%
Reverse Repos
3.35%
T-Bills
1.15%
Derivatives
0.16%

Fund House Details

ICICI Prudential Mutual Fund

ICICI Pru Technology Fund

Fund Manager
Vaibhav Dusad

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.

Advance Ratio

-0.06 1.22 0.95 -0.04
Alpha SD Beta Sharpe

Risk-O-Meter

Other Funds from the same Fund House

Peer Comparison

AMC Contact Details

ICICI Prudential Mutual Fund
AUM:
4,84,872 Cr
Address:
One BKC, A-Wing, 13th Floor, Bandra Kurla Complex, Mumbai 400051
Contact:
26525000
Email ID:
enquiry@icicipruamc.com

Frequently Asked Questions

You can invest in ICICI Pru Technology Fund 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 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"
The ICICI Pru Technology Fund has delivered 21.3% since inception
The NAV of ICICI Pru Technology Fund is ₹141.1 as of 29 March 2023.
The expense ratio of ICICI Pru Technology Fund is 0.98 % as of 29 March 2023.
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”.
The AUM of ICICI Pru Technology Fund is ₹4,84,872 Cr as of 29 March 2023
The minimum SIP amount of ICICI Pru Technology Fund is ₹100
The top stock holdings of ICICI Pru Technology Fund are
  1. Infosys - 31.63%
  2. TCS - 18.38%
  3. Bharti Airtel - 8.06%
  4. HCL Technologies - 7.68%
  5. Tech Mahindra - 6.19%
The top sectors ICICI Pru Technology Fund has invested in are
  1. Infosys - 31.63%
  2. TCS - 18.38%
  3. Bharti Airtel - 8.06%
  4. HCL Technologies - 7.68%
  5. Tech Mahindra - 6.19%
Invest Now