- Mutual Funds
- ICICI Mutual Fund
- ICICI Prudential Technology Fund (RIDCW-A)
Formerly ICICI Pru Technology DR
ICICI Prudential Technology Fund (RIDCW-A)
₹ 58.42
NAV (Sep 21)
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 58.42
NAV (Sep 21)
Fund Returns
Last 1Y | 11.9% |
Last 3Y | 20.5% |
Last 5Y | 17.5% |
Last 10Y | 19% |
Since Inception | 11.3% |
6 Month CAGR | 9.3% |
Scheme Information
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.
Expense Ratio | 1.78 |
Launched (23y ago) | Mar 03, 2000 |
AUM in Crores | 11158.889 |
ISIN | INF109K01514 |
Lock-in | No Lock-in |
Benchmark | S&P BSE TECK TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 20.2 |
Standard Deviation (5yr) | 21.9 |
Beta (3yr) | 1 |
Beta (5yr) | 1.05 |
Sharpe Ratio (3yr) | 0.896 |
Sharpe Ratio (5yr) | 0.575 |
YTM | 0 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| ICICI Prudential Technology Fund (RIDCW-A) | 11,37,424 | 4,04,812 | 17.5% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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.
Asset allocation and Holdings
Top Stock Holdings
infosys ltd
27.8%tata consultancy services ltd
13.7%bharti airtel ltd
8.3%hcl technologies ltd
7%tech mahindra ltd
5.5%Allocation by Sector
technology
76.3%communication services
14.8%industrials
2.4%consumer cyclical
1.3%energy
0.8%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 11,197 cr | ||
₹ 11,862 cr | ||
₹ 17,630 cr | ||
₹ 10,089 cr | ||
₹ 9,392 cr |
About the AMC
ICICI Prudential Asset Management Company Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.6% | 7.1% | ||
15.4% | 15.6% | ||
5% | 5.9% | ||
6.4% | 6.9% | ||
6.4% | 7.5% |
ICICI Prudential Technology Fund (RIDCW-A) Review
ICICI Prudential Technology Fund (RIDCW-A) is a Sectoral / Thematic - Technology Equity fund and has delivered an annualised return of 11.3% over a period of 23 years. The fund was previously known as ICICI Pru Technology DR. The fund is managed by ICICI Prudential Asset Management Company Limited. The fund managers are Priyanka Khandelwal, Sankaran Naren, Sharmila D'mello, Vaibhav Dusad.
Nav of ICICI Prudential Technology Fund (RIDCW-A) as of 9/21/2023 is ₹58.42 with the total AUM as of 9/23/2023 is ₹11158.889. With Scripbox you can compare and check the latest nav for all mutual funds in India. ICICI Prudential Technology Fund (RIDCW-A) was launched on Mar 03, 2000. The category risk of the fund is Very High Risk.
The minimum SIP amount for ICICI Prudential Technology Fund (RIDCW-A) 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. Check your estimated returns on mutual funds by using sip calculator.
ICICI Prudential Technology Fund (RIDCW-A) 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 TECK TR INR.
ICICI Prudential Technology Fund (RIDCW-A) is rated as a 4 fund in Equity and delivered 11.9% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with ICICI Prudential Technology Fund (RIDCW-A).
Frequently Asked Questions
What is ICICI Prudential Technology Fund (RIDCW-A)?
How to invest in ICICI Prudential Technology Fund (RIDCW-A)?
You can invest in ICICI Prudential Technology Fund (RIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of ICICI Prudential Technology Fund (RIDCW-A)?
The minimum sip amount for ICICI Prudential Technology Fund (RIDCW-A) is ₹1000. You can invest in multiples of ₹5000.
Is ICICI Prudential Technology Fund (RIDCW-A) good to invest in?
As per Scripbox experts, ICICI Prudential Technology Fund (RIDCW-A) is a Top Ranked fund. You can investICICI Prudential Technology Fund (RIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the ICICI Prudential Technology Fund (RIDCW-A)?
The expense ratio of the ICICI Prudential Technology Fund (RIDCW-A) is 1.78% for regular plan.