VR Logo

Unrated

ICICI Prudential Nifty IT ETF download report


1 Lakh

Investment declined to
₹ 1.00 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.02 Lakh

Suitability:

This is a fund that invests mainly in shares of companies in the information technology sector.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other technology sector fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
ICICI Pru Nifty IT ETF-G -26.92 1.13 -0.30 -5.92 -21.30 -25.59 -0.46 -- -- -- --
S&P BSE IT TRI -23.91 1.00 -0.07 -5.87 -20.33 -22.46 -2.42 -- -- -- --
Equity: Sectoral-Technology -25.53 1.04 0.09 -5.03 -19.92 -24.14 -1.09 -- -- -- --
Rank within category 9 3 9 11 10 9 5 -- -- -- --
Number of funds in category 11 13 13 13 12 11 10 5 5 4 4

As on 06-Jul-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Nifty IT ETF  | Invest Now
Unrated
Aug-20 -0.46 -- -- 0.20% 1,879
ICICI Prudential Technology Fund  | Invest Now
Unrated
Mar-00 0.50 31.28 26.69 1.81% 8,772
Tata Digital India Fund - Regular Plan  | Invest Online
Unrated
Dec-15 0.91 27.33 26.26 2.08% 5,512
Aditya Birla Sun Life Digital India Fund  | Invest Online
Unrated
Jan-00 -2.64 28.90 25.37 2.09% 3,028
SBI Technology Opportunities Fund  | Invest Online
Unrated
Jul-99 1.72 25.79 24.02 2.02% 2,416

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 8.58 01-Oct-2020 - 09-Oct-2020 -10.14 17-Jan-2022 - 24-Jan-2022
Month 20.70 11-Sep-2020 - 13-Oct-2020 -15.32 04-Apr-2022 - 04-May-2022
Quarter 30.67 24-May-2021 - 23-Aug-2021 -24.47 17-Mar-2022 - 17-Jun-2022
Year 98.62 04-Sep-2020 - 06-Sep-2021 -4.95 17-Jun-2021 - 17-Jun-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
ICICI Pru Nifty IT ETF-G -- -- -- -- -- --
S&P BSE IT TRI* 24.85 25.55 0.84 1.47 -- --
Equity: Sectoral-Technology* 25.83 23.55 0.94 1.28 0.87 3.72
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 30-Jun-2022

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 10
Top 10 Stocks (%) 99.55
Top 5 Stocks (%) 80.46
Top 3 Sectors (%) 99.55
Portfolio P/B Ratio 7.92
Portfolio P/E Ratio 27.85

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 3,52,219 2,92,599
Giant (%) 72.86 65.71
Large (%) 22.10 21.35
Mid (%) 5.04 10.46
Small (%) -- 4.58
Tiny (%) -- 0.20

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down Tata Consultancy Services Technology 31.51 28.96 23.17 28.96
down Infosys Technology 28.66 28.60 24.26 26.27
down HCL Technologies Technology 20.10 9.86 8.29 9.15
down Wipro Technology 18.87 12.35 8.14 8.15
down Tech Mahindra Technology 17.80 10.97 7.93 7.93
down Mphasis Technology 29.15 5.84 3.09 5.00
down MindTree Technology 28.93 5.63 1.63 4.57
down L&T Infotech Technology 31.21 5.83 3.35 4.52
down Coforge Technology 33.54 2.95 1.04 2.78
down L&T Technology Services Technology 33.76 2.68 0.00 2.24

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2022

Fund Manager

— Kayzad Eghlim since 12-Aug-2020

Education: Mr. Eghlim is a B.Com (H) and M Com.

Experience: Prior to joining ICICI Prudential AMC he has worked with IDFC Investment Advisors Ltd., Prime Securities and Canara Robeco Mutual Fund.

Funds Managed:

— Nishit Patel since 16-Jan-2021

Education: Mr. Patel is a B.Com & Chartered Accountant

Experience: ICICI Prudential Asset Management Company Limited - ETF Business - November 2018 - January 2020.

Funds Managed:


1.13%

Change from previous, NAV as on 06-Jul-2022

Growth: ₹ 288.1614


Investment Strategy

The scheme seeks to provide returns before expenses that closely correspond to the total return of the underlying index subject to tracking errors.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) --
Min. SIP Investment (₹) --
Min. No of Cheques --
Min. Withdrawal (₹) --
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 17-Aug-2020
Return Since Launch: 27.39%
Benchmark: NIFTY IT TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,879 Cr (As on 31-May-2022)
Expense: 0.20% (As on 31-May-2022)
Risk Grade: --
Return Grade: --
Turnover: 125.00%

Contact Information

AMC: ICICI Prudential Asset Management Company Ltd

Address: One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai - 400051

Fax: 022-26528100

Website: http://www.icicipruamc.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]ne.com

Website: www.camsonline.com

Upcoming Video

Investors' Hangout

All about nominations in mutual funds

DateFri, 08-Jul-2022
Time12:30 PM - 12:40 PM

attending You have reserved a spot