ICICI Prudential Equity Savings Fund
ICICI Prudential Mutual Fund·Equity Savings·vs Nifty Equity Savings TRI
The fund is doubling down on quality blue-chip exposure with modest equity tilt, evidenced by the 2.8 percentage point surge in Sun Pharma and introduction of covered call strategies on large-caps. Banking concentration at 17 percent and self-referential mutual fund holdings at 17 percent signal confidence in rate stability and liquidity management rather than growth dynamism. The manager's disciplined pruning of smaller positions and shift toward defensive sectors like pharmaceuticals suggest positioning for modest returns in a moderating equity environment.
Portfolio analysis · April 2026
Portfolio Metrics(latest month)
Holdings
119
Top 5 Weight
36.93%
Top 10 Weight
50.98%
Active Share
—
Large Cap
63.45%
Gini
0.712
What Changed2026-03-31 → 2026-04-30
Holdings: 122 → 130+11 added−3 removed26 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Hero Motocorp Ltd. | 0.11% |
| Hindustan Petroleum Corporation Ltd. | 0.03% |
| HDFC Life Insurance Company Ltd (Covered call) $$ | -0.01% |
| Sun Pharmaceutical Industries Ltd. (Covered call) $$ | -0.01% |
| Sun Pharmaceutical Industries Ltd. (Covered call) $$ | -0.01% |
| Tata Consultancy Services Ltd. (Covered call) $$ | -0.01% |
| ITC Ltd. (Covered call) $$ | -0.01% |
| HDFC Bank Ltd. (Covered call) $$ | -0.01% |
| Infosys Ltd. (Covered call) $$ | -0.01% |
| Sun Pharmaceutical Industries Ltd. (Covered call) $$ | -0.02% |
| Reliance Industries Ltd. (Covered call) $$ | -0.03% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Prudential Savings Fund - Direct - Growth INF109K01O82 | 9.32% |
| 2 | HDFC Bank Ltd. INE040A01034 | 7.97% |
| 3 | ICICI Prudential Money Market fund - Direct Plan - Growth Option INF109K01R14 | 7.89% |
| 4 | Sun Pharmaceutical Industries Ltd. INE044A01036 | 5.90% |
| 5 | Reliance Industries Ltd. INE002A01018 | 5.86% |
| 6 | Kotak Mahindra Bank Ltd. INE237A01036 | 3.38% |
| 7 | TREPS | 3.21% |
| 8 | ITC Ltd. INE154A01025 | 2.92% |
| 9 | ICICI Bank Ltd. INE090A01021 | 2.91% |
| 10 | Mahindra & Mahindra Ltd. INE101A01026 | 2.50% |
| 11 | Adani Ports and Special Economic Zone Ltd. INE742F01042 | 2.34% |
| 12 | NTPC Ltd. INE733E01010 | 2.25% |
| 13 | Tata Consultancy Services Ltd. INE467B01029 | 2.10% |
| 14 | Bajaj Finance Ltd. INE296A01032 | 2.06% |
| 15 | Hindustan Unilever Ltd. INE030A01027 | 2.04% |
| 16 | Larsen & Toubro Ltd. INE018A01030 | 1.89% |
| 17 | HDFC Life Insurance Company Ltd. INE795G01014 | 1.88% |
| 18 | Bharti Airtel Ltd. INE397D01024 | 1.80% |
| 19 | Tata Steel Ltd. INE081A01020 | 1.66% |
| 20 | Infosys Ltd. INE009A01021 | 1.64% |
Sector Allocation
Mutual Fund17.2%
Banks16.9%
Pharmaceuticals & Biotechnology7.5%
Petroleum Products6.0%
Diversified Fmcg4.9%
It - Software4.6%
Finance4.2%
SOV4.1%
Automobiles3.6%
Power3.0%
Top 10 sectors by % to NAV. Excludes derivatives.