ICICI Prudential ESG Exclusionary Strategy Fund
This ESG-focused fund is heavily weighted toward quality financials and pharmaceuticals, betting on India's banking sector strength and domestic consumption resilience. The recent addition of agrochemical stocks signals the manager's conviction in rural spending recovery, while the meaningful cash reduction indicates confidence in equity valuations. With 47% concentrated in the top ten holdings, the portfolio prioritizes conviction picks over diversification, making it suitable for investors comfortable with moderate concentration risk.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹22.2300 | — | — | — | — |
| Regular Growth | ₹20.6700 | -2.18% | -6.60% | +14.97% | +11.77% |
| Direct IDCW | ₹15.4600 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Dhanuka Agritech Ltd. | 0.73% |
| UPL Ltd. | 0.21% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Sun Pharmaceutical Industries Ltd. INE044A01036 | 7.22% |
| 2 | ICICI Bank Ltd. INE090A01021 | 6.77% |
| 3 | HDFC Bank Ltd. INE040A01034 | 5.89% |
| 4 | TVS Motor Company Ltd. INE494B01023 | 5.42% |
| 5 | Axis Bank Ltd. INE238A01034 | 4.69% |
| 6 | Bharti Airtel Ltd. INE397D01024 | 4.12% |
| 7 | Maruti Suzuki India Ltd. INE585B01010 | 3.99% |
| 8 | Avenue Supermarts Ltd. INE192R01011 | 3.46% |
| 9 | Inox Wind Ltd. INE066P01011 | 3.02% |
| 10 | Infosys Ltd. INE009A01021 | 2.69% |
| 11 | Eternal Ltd. INE758T01015 | 2.57% |
| 12 | SBI Life Insurance Company Ltd. INE123W01016 | 2.50% |
| 13 | Advanced Enzyme Technologies Ltd. INE837H01020 | 2.24% |
| 14 | Inox Green Energy Services Ltd. INE510W01014 | 2.20% |
| 15 | Reliance Industries Ltd. INE002A01018 | 2.04% |
| 16 | V-Guard Industries Ltd. INE951I01027 | 1.90% |
| 17 | Chalet Hotels Ltd. INE427F01016 | 1.86% |
| 18 | FDC Ltd. INE258B01022 | 1.78% |
| 19 | Power Grid Corporation Of India Ltd. INE752E01010 | 1.78% |
| 20 | Rural Electrification Corporation Ltd. INE020B01018 | 1.76% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does ICICI Prudential ESG Exclusionary Strategy Fund hold?
ICICI Prudential ESG Exclusionary Strategy Fund holds 52 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 29.99% of NAV.
What is the largest holding in ICICI Prudential ESG Exclusionary Strategy Fund?
The largest position in ICICI Prudential ESG Exclusionary Strategy Fund is Sun Pharmaceutical Industries Ltd., accounting for 7.22% of NAV in the Pharmaceuticals & Biotechnology sector.
Is ICICI Prudential ESG Exclusionary Strategy Fund a concentrated or diversified fund?
With a Gini coefficient of 0.428, ICICI Prudential ESG Exclusionary Strategy Fund is well-diversified. The HHI concentration index is 32,192 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 29.99% of the portfolio.
What is the market cap allocation of ICICI Prudential ESG Exclusionary Strategy Fund?
Based on SEBI's AMFI classification, ICICI Prudential ESG Exclusionary Strategy Fund's equity portfolio is split as: Large Cap: 63.93%, Mid Cap: 8.97%, Small Cap: 24.19%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does ICICI Prudential ESG Exclusionary Strategy Fund invest in most?
ICICI Prudential ESG Exclusionary Strategy Fund has the highest allocation to Banks (20.31%), Pharmaceuticals & Biotechnology (11.81%), Automobiles (9.41%). The fund is invested across 26 sectors in total.
How actively managed is ICICI Prudential ESG Exclusionary Strategy Fund compared to other Sectoral / Thematic funds?
ICICI Prudential ESG Exclusionary Strategy Fund has an Active Share of 72.83%, classifying it as "Highly Differentiated" among 237 Sectoral / Thematic peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in ICICI Prudential ESG Exclusionary Strategy Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, ICICI Prudential ESG Exclusionary Strategy Fund added 2 new stocks (including Dhanuka Agritech Ltd.) and exited 1 stock (including Ganesha Ecosphere Ltd). Total holding count increased from 54 to 55 stocks.