ICICI Prudential Technology Fund Growth

ICICI Prudential Technology Fund Growth is an equity fund. This fund was started on 3 March, 2000. The fund is managed by Vaibhav Dusad. The fund could potentially beat inflation in the long-run.

1. ICICI Prudential Technology Fund Growth has ₹13900 Cr worth of assets under management (AUM) as on May 2025 and is more than category average.
2. The fund has an expense ratio 1.8.
   

ICICI Prudential Technology Fund Growth has given a CAGR return of 12.62% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.56%, 16.43% and 29.80% respectively.

ICICI Prudential Technology Fund Growth has allocated its funds majorly in Cash Equivalent, Tech, Communication, Government, Consumer Cyclical, Industrial, Financial Services, Health, Consumer Defensive. Its top holdings are Infosys Ltd, Tata Consultancy Services Ltd, Bharti Airtel Ltd, Bharti Airtel Ltd (Partly Paid Rs.1.25), LTIMindtree Ltd

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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

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 for lump sum payment is INR 5000.00 and for SIP is INR 100.00. ICICI Prudential Technology Fund Growth has no lock in period.