ICICI Prudential Mutual Fund l The ICICI Prudential Technology Fund has proven to be a return machine for investors. It can be described as a multi-bagger scheme of ICICI Prudential Mutual Fund, dominating the return charts since its launch. This scheme will complete 25 years in March 2025, during which investors who invested through SIP have received a return of 18.31 percent annually. Meanwhile, the money of lump sum investors has increased nearly 21 times since the launch.
ICICI Prudential Technology Fund
The ICICI Prudential Technology Fund was launched on 3rd March 2000. This fund has lived up to investors’ trust and over a 25-year performance period, it has provided high returns to investors, surpassing the benchmark in various phases. As of the latest AUM (31st January 2025), it was ₹14,101.47 crore, while the expense ratio for the regular plan (as of 31st January 2025) was 1.76% per annum and for the direct plan, it was 1.03% per annum.
Fund’s lump sum performance
Annualised return since inception: approximately 13% per annum 12.98%
Value of ₹1 lakh since inception: ₹20,97,900
* 1 year return: 18.08%
* Value of ₹1 lakh in 1 year: ₹1,18,131
* Annualised return over 3 years: 9.87%
* Value of ₹1 lakh in 3 years: ₹132,660
* Annualised return over 5 years: 28.04%
* Value of ₹1 lakh in 5 years: ₹344,539
(Source: ICICI Mutual Fund Fact Sheet)
* Performance of the benchmark Nifty 50 TRI
* Annualised return since inception: 12.75%
* Value of ₹1 lakh since inception: ₹19,92,236
* 1 year return: 9.55%
* Value of ₹1 lakh in 1 year: ₹1,09,575
* Annualised return over 3 years: 12.01%
* Value of ₹1 lakh over 3 years: ₹1,40,584
* Annualised return over 5 years: 15.80%
* Value of ₹1 lakh over 5 years: ₹2,08,440
(Source: ICICI Mutual Fund Fact Sheet)
SIP Performance of the Fund
ICICI Prudential Technology Fund has provided a return of 18.31% per annum to SIP investors over 25 years. This fund has turned an investment of ₹5,000 monthly SIP into ₹2.36 crore in 25 years. These figures are available on Value Research.
* SIP Return over 25 years: 18.31% per annum
* Monthly SIP Amount: ₹5,000
* Total Investment over 25 years: ₹1,500,000
* Value of SIP after 25 years: ₹23,670,583
(Source: Value Research)
About the fund
* Launch date: 3rd March 2000
* Minimum investment amount: ₹5000
* NAV (Regular Plan – Growth): 189.43
* AUM (as of 31st January 2025): ₹14,101.47 crores
* Expense ratio Regular Plan (as of 31st January 2025): 1.76% p.a.
* Expense ratio Direct Plan (as of 31st January 2025): 1.03% p.a.
* Minimum investment target: 5 years or more
* Fund manager: Vaibhav Dusad
