ICICI Prudential Exports and Services Fund
The fund maintains a concentrated bet on financials and IT while building exposure to capital-intensive sectors like power and metals through six new positions, signaling conviction in cyclical recovery themes. The sharp surge in cash-like TREPS holdings and entry into commodities-linked stocks suggest the manager is rotating toward inflation-hedging assets while preserving liquidity. This tactical pivot indicates cautious optimism about India's export-driven growth but with hedged conviction, given elevated cash buffers.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹175.3800 | -2.08% | — | — | — |
| Regular Growth | ₹160.2600 | -2.12% | -0.90% | +17.24% | +16.54% |
| Direct IDCW | ₹74.6000 | -2.07% | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive 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 |
|---|---|
| Shriram Finance Ltd. | 0.10% |
| Vedanta Aluminium Metal Ltd. | 0.07% |
| Vedanta Iron And Steel Ltd. | 0.07% |
| Malco Energy Ltd. | 0.07% |
| Talwandi Sabo Power Ltd. | 0.07% |
| Jindal Saw Ltd. | 0.05% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Infosys Ltd. INE009A01021 | 7.25% |
| 2 | TREPS | 6.37% |
| 3 | ICICI Bank Ltd. INE090A01021 | 5.77% |
| 4 | HDFC Bank Ltd. INE040A01034 | 5.39% |
| 5 | NTPC Ltd. INE733E01010 | 4.43% |
| 6 | Reliance Industries Ltd. INE002A01018 | 4.13% |
| 7 | Angel One Ltd. INE732I01021 | 3.45% |
| 8 | Larsen & Toubro Ltd. INE018A01030 | 3.45% |
| 9 | Cash Margin - Derivatives | 2.53% |
| 10 | State Bank Of India INE062A01020 | 2.46% |
| 11 | Prudent Corporate Advisory Services Ltd INE00F201020 | 2.19% |
| 12 | Bharti Airtel Ltd. INE397D01024 | 2.15% |
| 13 | 360 One Wam Ltd. INE466L01038 | 1.98% |
| 14 | Life Insurance Corporation of India INE0J1Y01017 | 1.86% |
| 15 | Interglobe Aviation Ltd. INE646L01027 | 1.83% |
| 16 | Sun Pharmaceutical Industries Ltd. INE044A01036 | 1.82% |
| 17 | Avenue Supermarts Ltd. INE192R01011 | 1.79% |
| 18 | Shadowfax Technologies Ltd INE12UN01015 | 1.73% |
| 19 | Netweb Technologies India INE0NT901020 | 1.73% |
| 20 | Axis Bank Ltd. INE238A01034 | 1.63% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does ICICI Prudential Exports and Services Fund hold?
ICICI Prudential Exports and Services Fund holds 65 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 26.97% of NAV.
What is the largest holding in ICICI Prudential Exports and Services Fund?
The largest position in ICICI Prudential Exports and Services Fund is Infosys Ltd., accounting for 7.25% of NAV in the It - Software sector.
Is ICICI Prudential Exports and Services Fund a concentrated or diversified fund?
With a Gini coefficient of 0.464, ICICI Prudential Exports and Services Fund is moderately concentrated. The HHI concentration index is 25,327 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 26.97% of the portfolio.
What is the market cap allocation of ICICI Prudential Exports and Services Fund?
Based on SEBI's AMFI classification, ICICI Prudential Exports and Services Fund's equity portfolio is split as: Large Cap: 60.88%, Mid Cap: 6.51%, Small Cap: 18.33%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does ICICI Prudential Exports and Services Fund invest in most?
ICICI Prudential Exports and Services Fund has the highest allocation to Banks (15.25%), It - Software (11.34%), Capital Markets (10.95%). The fund is invested across 28 sectors in total.
How actively managed is ICICI Prudential Exports and Services Fund compared to other Sectoral / Thematic funds?
ICICI Prudential Exports and Services Fund has an Active Share of 67.90%, classifying it as "Active Stock Picker" among 237 Sectoral / Thematic peers. This indicates a moderate level of differentiation from category peers.
What changed in ICICI Prudential Exports and Services Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, ICICI Prudential Exports and Services Fund added 6 new stocks (including Shriram Finance Ltd.) and exited 1 stock (including KEC International Ltd.). Total holding count increased from 63 to 68 stocks.