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  • ICICI Prudential Technology Fund (RIDCW-A)

Formerly ICICI Pru Technology DR

ICICI Mutual Fund

ICICI Prudential Technology Fund (RIDCW-A)

EquitySectoral / Thematic - Technology
Top Ranked

58.42

NAV (Sep 21)

17.5%
5 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within 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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Category Leader

The fund has been a Category Leader on the Fund Size metric

Outperformance Consistency

Satisfactory

The performance of the fund on a Outperformance Consistency metric has been Satisfactory

Invest in this fund
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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical 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

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.

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
Fund Managers

Sankaran Naren

Fund Manager

Sharmila D'mello

Fund Manager

Vaibhav Dusad

Fund Manager

Priyanka Khandelwal

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
ICICI Prudential Technology Fund (RIDCW-A)70%11,37,424 4,04,81217.5%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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

Last updated on 2023-09-21

Top Stock Holdings

infosys ltd

27.8%
27.8%

tata consultancy services ltd

13.7%
13.7%

bharti airtel ltd

8.3%
8.3%

hcl technologies ltd

7%
7%

tech mahindra ltd

5.5%
5.5%
See all holdings

Allocation by Sector

technology

76.3%
76.3%

communication services

14.8%
14.8%

industrials

2.4%
2.4%

consumer cyclical

1.3%
1.3%

energy

0.8%
0.8%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
HDFC Large and Mid Cap Fund (G)
HDFC Large and Mid Cap Fund (G)

₹ 11,197 cr

₹ 11,862 cr

₹ 17,630 cr

₹ 10,089 cr

₹ 9,392 cr

About the AMC

ICICI Prudential Asset Management Company Limited

ICICI Prudential Asset Management Company Limited manages assets worth 608,386 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 116 equity,539 debt and 64 hybrid funds.amc-img
022-26525000
enquiry@icicipruamc.com
Fund NameScripbox 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)?

ICICI Prudential Technology Fund (RIDCW-A) is a Sectoral / Thematic - Technology Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

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.