ICICI Prudential Technology Fund – NAV, Returns, Portfolio & Complete Investment Guide
The ICICI Prudential Technology Fund is one of India’s leading sectoral mutual funds focused on technology companies. The fund primarily invests in IT companies such as Infosys, HCL Technologies, and Tech Mahindra to generate long-term capital appreciation.
This fund is suitable for investors who want exposure to the rapidly growing technology sector and are comfortable with higher market volatility.
ICICI Prudential Technology Fund – Key Information
| Fund Name | ICICI Prudential Technology Fund |
|---|---|
| Category | Sectoral / Thematic – Technology |
| Benchmark | BSE Teck TRI |
| Launch Date | March 2000 |
| Risk Level | Very High |
| Minimum SIP | ₹100 |
| Minimum Lumpsum | ₹5,000 |
Latest NAV of ICICI Prudential Technology Fund
The NAV of the fund changes daily depending on the performance of technology sector stocks.
- Direct Plan NAV: Approx ₹207
- Regular Plan NAV: Approx ₹190
Check the latest NAV on the official AMC website:
ICICI Prudential Mutual Fund Official Website
ICICI Prudential Technology Fund Returns
| Period | Average Returns |
|---|---|
| 1 Year | Approx -3% |
| 3 Years | Approx 15% CAGR |
| 5 Years | Approx 14% CAGR |
| Since Inception | Approx 12% CAGR |
Top Holdings
The fund invests primarily in leading technology companies.
- Infosys Ltd
- HCL Technologies
- Tech Mahindra
- Wipro Ltd
- Bharti Airtel
Sector Allocation
- Information Technology – 75% to 80%
- Telecommunication – 10%
- Others – Remaining Allocation
SIP Investment Example
If an investor invests ₹5,000 per month SIP for 10 years with an assumed return of 14%, the estimated wealth creation could be:
- Total Investment: ₹6,00,000
- Estimated Value: ₹11,60,000+
Taxation Rules
Short Term Capital Gains
If units are redeemed within 1 year, gains are taxed at 20%.
Long Term Capital Gains
If units are held for more than 1 year, gains above ₹1.25 lakh are taxed at 12.5%.
Pros of ICICI Prudential Technology Fund
- Exposure to high-growth technology companies
- Long track record of more than 20 years
- Potential for strong returns during technology sector growth
Cons of ICICI Prudential Technology Fund
- High volatility
- Sector concentration risk
- Not suitable as a core portfolio investment
Who Should Invest?
This fund is suitable for investors who:
- Want technology sector exposure
- Have high risk tolerance
- Have investment horizon of 5+ years
How to Invest
You can invest in this fund through:
- AMC website
- Mutual fund platforms
- Through a Mutual Fund Distributor
External Resources
Conclusion
The ICICI Prudential Technology Fund is a strong thematic fund that can benefit investors during technology sector growth cycles. However, due to its sectoral nature, it should ideally be a small part of a diversified portfolio.
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