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Overview

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The ICICI Prudential IT ETF, managed by ICICI Prudential Asset Management Company, aims for long-term wealth creation by closely tracking the Nifty IT Index, focusing on sector-specific investments.

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Utilizing an efficient tracking approach, this fund replicates the Nifty IT TRI benchmark with a minimal tracking error of 0.05%, ensuring investors align closely with index performance.

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The portfolio is heavily concentrated in the IT sector, with top holdings like Infosys (29.17%) and TCS (21.88%), reflecting a strong bias towards leading software companies, which poses concentration risk.

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Performance analysis shows a 1Y decline of -12.9%, contrasted with a robust 3Y CAGR of 8.8% and 5Y CAGR of 13.1%, indicating potential for recovery despite short-term volatility.

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With an AUM of ₹464.21 Cr and a low expense ratio of 0.2%, the fund remains accessible, while experienced managers like Nishit Patel and Ajaykumar Solanki guide its operations.

AMC

ICICI Prudential Asset Management Com...

Manager

Nishit Patel

Benchmark

Nifty IT TRI

Fund Size

464

Expense Ratio (%)

0.20%

Tracking Error (%)

0.05%

PE

24.3

Beta

High Risk

Volatility

0.21

Dividend Yield (%)

3.23%

52W Low

33.5

52W High

49.52

Standard Deviation

1.329

Risk Level

VERY HIGH

Technicals

Bullish

RSI

74.88

EMA 50

40.13

EMA 200

40.25

Technicals

Oscillators

BearishNeutralBullish

Neutral

Bearish

2

Neutral

8

Bullish

4

Overall

BearishNeutralBullish

Bullish

Bearish

3

Neutral

8

Bullish

35

Moving Averages

BearishNeutralBullish

Bullish

Bearish

1

Neutral

0

Bullish

31

Overall

BearishNeutralBullish

Bullish

Bearish

3

Neutral

8

Bullish

35

Holdings(Top 10 Holdings)

CompanyWeightage (%)
Infosys Ltd.29.17%
Tata Consultancy Services Ltd.21.88%
HCL Technologies Ltd.10.89%
Tech Mahindra Ltd.9.39%
Wipro Ltd.7.22%
COFORGE Ltd.5.62%
Persistent Systems Ltd.5.47%
LTIMindtree Ltd.5.05%
Mphasis Ltd.3.19%
Oracle Financial Services Software Ltd.2.11%

Allocation

Industry
Asset
Industry
No ConstituentsNo Constituents

No data found

Peers

No ConstituentsNo Constituents