ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl
Equity
Direct
Sector - Technology
NAV: ₹ 123.15 as on 16-04-2024
Fund Performance
139 people have invested ₹ 4.5L in ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl in the last three months
About the ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl
ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Vaibhav Dusad. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl has ₹11977 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.9.
ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl Overview
 | 0.92% |
 Benchmark | S&P BSE IT |
 | ₹11977 Cr |
 | 1 January, 2013 |
 | ₹5000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 63.79% |
ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl Distribution as on (31-Mar-24)
Size breakup
Large cap
70%
Small cap
13.6%
Mid cap
11%
Sector Allocation
Tech
77.5%
Communication
15.4%
Industrial
4%
Consumer Cyclical
2.6%
Consumer Defensive
0.4%
Basic Materials
0%
Top Holdings of ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl as on (31-Mar-24)
Equity Holdings58
ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -4.53% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund underperformed Nifty 500 by 4.06% in Mar'24
AUM Change
- AUM of the fund stands at 12K Cr as of Mar'24
- AUM decreased by 246.8 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Zensar Technologies Ltd | 15.9% |
 Bharti Airtel Ltd Partly Paidup | 8.1% |
 Bharti Airtel Ltd | 4.9% |
Top Losers | 1M Return |
|---|---|
 Infosys Ltd | -7.9% |
 HCL Technologies Ltd | -6.7% |
 Tata Consultancy Services Ltd | -3.6% |
Peer Analysis
ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl Fund Manager
Vaibhav Dusad
Fund Manager of ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl, since 2 May 2020
Top funds managed
ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 21.34% since inception which is less than its category average return of 27.59%
Fund Allocations
This fund has an allocation of 96.26% in Equity, 0% in Debt and 3.74% in Cash related instruments
AUM size ₹11977 Cr
This fund has AUM of ₹11977 Cr which is more than its category average of ₹ 3044 Cr
Expense Ratio 0.92%
This fund has an expense ratio of 0.92% which is less than its category average expense ratio of 1.24%
Frequently Asked Questions
The current NAV of ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl is ₹123.15 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | -6.32% | -6.32% |
6 Month Returns | 10.18% | 10.18% |
1 Year Returns | 22.77% | 22.77% |
3 Years Returns | 48.3% | 14.04% |
5 Years Returns | 180.84% | 22.94% |
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0.92% as on March 2024
₹11977 Cr as on March 2024
Infosys Ltd(22.5%), Tata Consultancy Services Ltd(15.28%), Bharti Airtel Ltd(8.38%), HCL Technologies Ltd(6.86%), Tech Mahindra Ltd(5.45%) as on March 2024
Tech(74.61%), Communication(14.78%), Industrial(3.88%) as on March 2024
The alpha ratio for the ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl | -0.39 | 2.93 | 4.03 |
As on March 2024
The alpha for ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl is calculated against S&P BSE IT. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl | 0.96 | 0.99 | 1.06 |
As on March 2024
The Beta for ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl is calculated with S&P BSE IT. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl | 1.21 | 0.59 | 0.84 |
As on March 2024
The sharpe ratio for ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl is calculated with S&P BSE IT. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl | 13.87 | 18.49 | 21.9 |
As on March 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.92 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.56 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Vaibhav Dusad is the fund manager of ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl
The Exit load of ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl is 1%