ICICI Prudential ESG Exclusionary Strategy Fund
ICICI Prudential Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI
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 | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹22.1100 | — | — | — | — | — | — |
| Regular Growth | ₹20.5600 | -0.82% | -6.76% | -10.26% | -5.82% | +14.77% | +11.65% |
| Direct IDCW | ₹15.3700 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
52
Top 5 Weight
29.99%
Top 10 Weight
47.26%
Active Share
—
Large Cap
63.93%
Gini
0.428
What Changed2026-03-31 → 2026-04-30
Holdings: 54 → 55+2 added−1 removed20 weight shifts ≥ 0.1%
| 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
Banks20.3%
Pharmaceuticals & Biotechnology11.8%
Automobiles9.4%
It - Software6.9%
Retailing6.4%
Telecom - Services5.2%
Auto Components4.3%
Consumer Durables4.1%
Insurance3.8%
Electrical Equipment3.0%
Top 10 sectors by % to NAV. Excludes derivatives.