|Fund Type||Open Ended|
|Benchmark||S&P BSE IT TRI|
|Asset Size(Cr)||476.46 (As on Oct 31, 2018)|
|Fund Manager||Ashwin Jain (1.7), Sankaran Naren (1.0)|
|Min SIP Investment||1000|
|Min Addl Investment||1000|
|Exit Load||1 % For 365 days|
- Returns for less than one year are Absolute, and those for more than one year are Annualised (CAGR).
|Sector||Value(In Cr)||Allocation (%)|
|Fund Name||Ratings||1 Yr Rtn.||3 Yr Rtn.||5 Yr Rtn.|
|Aditya Birla Sun Life Digital India Fund (G)||27.13%||12.57%||15.06%|
|Franklin India Technology Fund (G)||19.66%||10.46%||11.61%|
|SBI Technology Opportunities Fund (G)||25.95%||9.27%||12.95%|
|Tata Digital India Fund (G)||36.12%||%||%|
|No. of Investment||Amount Invested||Investment Value As on date||Units Purchased||CAGR|
| No. of Investment
|| Amount Invested
|| Investment Value As on date
|| Units Purchased || CAGR
The graph depicts the wealth generated or the historical returns offered by the SIP investments made in the selected time horizon.
|Total Amount Invested||Investment Value As on Date||Total Units Purchased||Abs. Return|
| Total Amount Invested
|| Investment Value As on Date
|| Total Units Purchased || Abs. Return
The graph depicts the wealth generated or the historical returns offered by the lump sum investments made in the selected time horizon.
|Sector||Value(In Cr)||Allocation (%)|
|Holdings||Instrument||Industry||Rating||Market Value||% to NAV|
|CBLO||Cash - Collateral||-||-||205.081||6.7935|
Are you an investor who is interested in investing in a sector focused fund, here is an opportunity for you by ICICI Prudential Mutual Fund in the form of ICICI Prudential Technology Fund. Launched on March 03rd, 2000, this conservative hybrid scheme helps an investor earn long-term capital appreciation through investment in equity and equity related instruments of companies belonging to sector IT and its dependent companies.
The assets under management as on September 30th, 2018, was Rs. 495 crore out of which investment made in equity and its related instruments is 86.07%, in debt is 8.52%, and in cash and cash equivalents is 5.41%. The investment in equity is further divided into giant cap, large cap, mid cap, and small cap with the percentage of assets allocated in them being 60.40%, 31.37%, 5.07%, and 3.17%, respectively.
The top ten companies in which it has invested majorly are Infosys, L&T Infotech, Tech Mahindra, HCL Technologies, and Cognizant Technology Solutions Corp. with the assets allocated in them being 32.39%, 12.78%, 9.34%, 8.80%, and 8.01% as on September 30th, 2018.
This mutual fund scheme has yielded 36.35% returns in one year which is much more compared to its benchmark NIFTY IT TRI and its category. The three, five and seven year returns generated by this scheme are 10.34%, 15.27%, and 18.78%, respectively. In all the three scenarios it has yielded returns better than the other two. These rate of returns are as on October 30th, 2018.
The standard deviation of the scheme is 14.36 which is less than the SD of both its benchmark as well as the category. The Beta of the scheme is 0.77 which is equal to the Beta of the category. The SD shows that the scheme is likely to be less prone to fluctuations as compared to the other two. The Sharpe ratio of the scheme is 0.47 which is more than the benchmark and category. This indicates that the scheme is likely to yield better returns with the risk taken. These risk measures are as on September 30th, 2018.
You may invest in ICICI Prudential Technology Fund with a minimum investment amount of Rs. 5000 if you are a new investor. In case you are an existing investor than you may do so with Rs. 1000. You can invest in it both as SIP investment or via lump sum mode in mutual funds, to invest online simply log in to MySIPonline. Don’t forget to use the SIP calculator that will simplify the investment procedure for you. In case of any confusion or query that you might be having related to investment, consult the financial experts without any hesitation.
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