Click here for top ranked funds in sectoral / thematic - technology mutual funds.
However, Scripbox does not recommend investing in sectoral / thematic - technology mutual funds.
This category has few funds and relatively small amounts invested in them.
The benchmark IT Index has performed moderately well over time, however, funds in this category have underperformed the benchmark index.Investing in these funds will require investors to have a unique insight into the specific areas of investment focus.In addition the investor will need to have the ability,inclination and expertise to monitor the prospects closely.Investors are therefore better off investing in diversified funds rather than this category.
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Scheme Information
Investment Objective
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
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
ICICI Prudential Asset Management Company Limited manages assets worth 364,184 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 104 equity,526 debt and 67 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Category View
We check if the sub-category of the fund is recommended by us.
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Equity Funds
Debt Funds
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About ICICI Prudential Technology Fund (G)
About ICICI Prudential Technology Fund (G)
ICICI Prudential Technology Fund (G) is a sectoral / thematic - technology equity fund and has delivered an annualised return of 11.0% over a period of 20 years .The fund was previously known as ICICI Pru Technology Reg Gr.The fund is managed by ICICI Prudential Asset Management Company Limited.The fund managers are Ashwin Jain, Priyanka Khandelwal, Sankaran Naren, Vaibhav Dusad
ICICI Prudential Technology Fund (G) Investment Objective
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 However, there is no assurance that the objective of the scheme will be realized.
ICICI Prudential Technology Fund (G) NAV,AUM,Risk
The ICICI Prudential Technology Fund (G) fund was launched on Mar 03, 2000. The NAV (Net Asset Value) of this sectoral / thematic - technology equity as of 2020-11-20 is ₹ 86.16. The total AUM (Asset Under Management) of the fund as of 2020-11-21 is ₹ 832.353. The category risk of the ICICI Prudential Technology Fund (G) fund is High Risk.
The fund charges 2.58 % as expense ratio.
ICICI Prudential Technology Fund (G) Holdings
The fund’s highest allocation is towards equity and has invested 95.4% in this asset class. The top three holdings of the fund are infosys ltd,tech mahindra ltd and hcl technologies ltd
ICICI Prudential Technology Fund (G) SIP
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
ICICI Prudential Technology Fund (G) Investment volatility and Horizon
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to S&P BSE IT TR INR
ICICI Prudential Technology Fund (G) Review
ICICI Prudential Technology Fund (G) has a score of 2 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, ICICI Prudential Technology Fund (G) has a score of 3 out of 5.
Scipbox has rated this fund 4 out of 5 based on consistency of performance over various years / tenures.
