ICICI Prudential Technology Fund - Direct Plan - Growth is an equity scheme managed by ICICI Prudential Mutual Fund. Over rolling three-year windows since inception, investors earned a median compounded return of 14.88%, with the bottom and top quartiles at 10.86% and 19.86% respectively. It has ranked in the top half of its category for 0 of the last 2 reported years. The total expense ratio is 1.41% on assets of ₹13,068Cr. The fund is currently managed by Vaibhav Dusad, appointed within the last year.
Lower is better.
This scheme classifies as Large-Blend on the 3x3 equity style box, with 83% of its portfolio classified as of 2026-05-29.
| Holding | Sector |
|---|
| Window | Min | P25 | Median |
|---|
Point-in-time CAGRs cherry-pick a single start date. The chart below shows the distribution of every possible rolling start over the fund's history, so you see the range of investor outcomes — not just one date's number.
Backtested SIP outcomes across both rolling-window scenarios and named historical stress events (COVID, Election uncertainty, Russia/Ukraine, etc.), plus per-manager alpha during their tenure on this scheme.
Same fund, monthly SIPs over rolling 1/3/5-year windows.
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully. Past performance is not indicative of future results. MintByte is an AMFI-registered Mutual Fund Distributor (ARN-314872) and APMI member (APRN-01658). MintByte does not issue buy/sell recommendations on specific securities — the site is an educational data and analytics platform. Star ratings on this page reflect a 3-year category-quartile position computed in-house and are educational only.
Mutual fund schemes are subject to market risk. Read all scheme-related documents carefully before investing. Past performance is not indicative of future results. MintByte is an AMFI-registered mutual fund distributor (ARN-314872). MintByte does not issue buy/sell recommendations on specific securities — the site is an educational data and analytics platform. Not investment advice. Methodology · How we earn.
In-house derivations using 3-year daily NAV vs benchmark. See methodology.
| Weight |
|---|
| INFOSYS LIMITED | Technology | 14.10% |
| BHARTI AIRTEL LIMITED | Communication Services | 12.57% |
| TECH MAHINDRA LIMITED | Technology | 7.65% |
| MPHASIS LIMITED | Technology | 4.04% |
| HCL TECHNOLOGIES LIMITED | Technology | 2.70% |
| TATA CONSULTANCY SERVICES LIMITED | Technology | 2.11% |
| SAGILITY INDIA PRIVATE LIMITED | Healthcare | 2.07% |
| Bharti Hexacom Limited | Communication Services | 1.93% |
| Swiggy Pvt Ltd | Consumer Cyclical | 1.88% |
| INDIAMART INTERMESH LIMITED | Consumer Cyclical | 1.51% |
| Persistent Systems Ltd | Technology | 1.45% |
| MASTEK LIMITED | Technology | 1.31% |
| WIPRO LIMITED | Technology | 1.28% |
| HEXAWARE TECHNOLOGIES LIMITED | Technology | 1.26% |
| C.E. INFO SYSTEMS LIMITED | Technology | 1.23% |
| L&T TECHNOLOGY SERVICES LIMITED | Technology | 1.15% |
| CYIENT LIMITED | Industrials | 1.08% |
| KPIT TECHNOLOGIES LIMITED | Technology | 1.00% |
| Hindustan Aeronautics Ltd | Industrials | 0.99% |
| WEWORK INDIA MANAGEMENT PRIVATE LIMITED | Industrials | 0.89% |
| BIRLASOFT LIMITED | Technology | 0.88% |
| NETWEB TECHNOLOGIES INDIA LIMITED | Technology | 0.84% |
| ZENSAR TECHNOLOGIES LIMITED | Technology | 0.78% |
| AMAGI MEDIA LABS PRIVATE LIMITED | Technology | 0.74% |
| RATEGAIN TRAVEL TECHNOLOGIES LIMITED | Technology | 0.73% |
| Sector | Holdings | Weight |
|---|---|---|
| Information Technology | — | 55.08% |
| Telecommunication | — | 14.56% |
| Consumer Services | — | 8.81% |
| Financial Services | 2 | 4.16% |
| Services | — | 3.02% |
| Capital Goods | — | 1.03% |
| Healthcare | 3 | 0.71% |
| Media, Entertainment & Publication | — | 0.09% |
Active bets vs the average Equity fund. Biggest deviations shown first.
Accent bar = fund's actual sector weight. Vertical black tick = category average for the same sector. Green overlay = overweight, dashed red = underweight. The biggest active bets show first.
| P75 |
|---|
| Max |
|---|
| Positive % |
|---|
| 1Y | -23.15% | -4.53% | 13.81% | 36.16% | 139.97% | 66.0% |
| 3Y | 3.22% | 10.86% | 14.88% | 19.86% | 38.72% | 100.0% |
| 5Y | 7.50% | 11.01% | 19.32% | 23.11% | 32.13% | 100.0% |
Each cell is one year. Q1 = top quartile within the AMFI category for that period. Cell label is the last two digits of the year.
Top-10 weight 50.6% means concentration is in line with most actively-managed Indian equity funds. Effective-N is the inverse Herfindahl index — a measure of "how many positions effectively drive the fund" after weighting. Category: Equity.
Compounding maths on a notional ₹10 lakh lumpsum at 12% gross annual return. Green bar is what you'd have without the fee; red overlay is the fee drag. Fee is constant in this scenario — actual outcomes depend on real returns and any future TER changes.
What an investor SIPping into this fund actually got during named market shocks.
Each row is a back-tested SIP — monthly contribution over the regime's duration, no fees adjustment beyond NAV-baked TER. XIRR is the annualised IRR of those cashflows; Abs return is the absolute cash-on-cash; Max DD is the deepest drawdown experienced mid-investment. Past performance is not indicative of future results.
Alpha is the annualised excess return vs benchmark over the manager's tenure on this scheme. Beat-benchmark = total return beat the index over the same window.