ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl

Equity
Direct
Sector - Technology
ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl

About the Fund

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

  1. ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl has ₹11751 Cr worth of assets under management (AUM) as on May 2024 and is more than category average.
  2. The fund has an expense ratio 0.9.

Returns

ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl has given a CAGR return of 21.59% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 24.94%, 11.55% and 24.57% respectively.

Holdings

ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Tech, Communication, Industrial, Consumer Cyclical, Health, Consumer Defensive, Financial Services. Its top holdings are Infosys Ltd, Tata Consultancy Services Ltd, Bharti Airtel Ltd, HCL Technologies Ltd, Tech Mahindra Ltd

Taxation

As it is a sector - technology mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl

To generate long-term capital appreciation by creating a portfolio that is invested in equity and equity related securities of technology and technology dependent companies. However there can be no assurance or garuntee that the investment objective of the Scheme would be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
125 people have invested ₹ 1.4L in ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.93%
Benchmark
S&P BSE IT
AUM₹11751 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
63.79%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 96.5%

  • Debt & Cash 3.5%

Large cap
70.4%

Small cap
14.1%

Mid cap
10.9%

Sector Allocation

May'24

Apr'24

Mar'24

Tech
75.4%
Communication
16.2%
Industrial
3.7%
Consumer Cyclical
3.6%
Health
0.4%
Consumer Defensive
0.4%
Financial Services
0.2%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Vaibhav Dusad
Vaibhav Dusad
Fund Manager of ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl, since 2 May 2020

ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 21.59% since inception which is less than its category average return of 27.62%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.54% in Equity, 0% in Debt and 3.46% in Cash related instruments
AUM size ₹11751 Cr

AUM size ₹11751 Cr

This fund has AUM of ₹11751 Cr which is more than its category average of ₹ 2959 Cr
Expense Ratio 0.93%

Expense Ratio 0.93%

This fund has an expense ratio of 0.93% which is less than its category average expense ratio of 1.25%

Frequently Asked Questions

The current NAV of ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl is ₹130.13 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
ICICI Prudential Technology Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
6%
6%
6 Month Returns
7.66%
7.66%
1 Year Returns
24.94%
24.94%
3 Years Returns
38.79%
11.55%
5 Years Returns
199.95%
24.57%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
0.93% as on May 2024
₹11751 Cr as on May 2024
Infosys Ltd(22.92%), Tata Consultancy Services Ltd(13.36%), Bharti Airtel Ltd(9.16%), HCL Technologies Ltd(6.23%), Tech Mahindra Ltd(5.5%) as on May 2024
Tech(72.82%), Communication(15.65%), Industrial(3.57%) as on May 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
-3.18
0.91
4.38
As on May 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
0.98
0.98
1.07
As on May 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
0.75
0.37
0.82
As on May 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
13.27
18.27
21.92
As on May 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 0.57 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.15 as on May 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%