ICICI Prudential Housing Opportunities Fund
The fund takes a concentrated bet on infrastructure and real estate beneficiaries, with nearly 55% in its top ten holdings dominated by banks, cement, power, and construction plays—a rational positioning for India's growth cycle. The overweight to cyclicals like steel and cement alongside banking exposure suggests conviction in sustained capex demand and credit expansion, though this concentration leaves limited buffer against sector-specific downturns. The addition of KEC International signals tactical interest in engineering services, while the cash reduction hints the manager remains constructive despite recent market moves.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹17.1800 | +0.12% | +1.42% | +15.33% | — |
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 |
|---|---|
| KEC International Ltd. | 0.51% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | NTPC Ltd. INE733E01010 | 8.18% |
| 2 | Larsen & Toubro Ltd. INE018A01030 | 7.73% |
| 3 | HDFC Bank Ltd. INE040A01034 | 6.77% |
| 4 | ICICI Bank Ltd. INE090A01021 | 5.95% |
| 5 | Asian Paints Ltd. INE021A01026 | 5.65% |
| 6 | Tata Steel Ltd. INE081A01020 | 4.93% |
| 7 | Ultratech Cement Ltd. INE481G01011 | 4.48% |
| 8 | Shree Cements Ltd. INE070A01015 | 3.86% |
| 9 | Oberoi Realty Ltd. INE093I01010 | 3.77% |
| 10 | Brigade Enterprises Ltd. INE791I01019 | 2.68% |
| 11 | LG Electronics Inc INE324D01010 | 2.60% |
| 12 | State Bank Of India INE062A01020 | 2.39% |
| 13 | The Phoenix Mills Ltd. INE211B01039 | 2.33% |
| 14 | Sobha Ltd. INE671H01015 | 2.25% |
| 15 | Grasim Industries Ltd. INE047A01021 | 2.12% |
| 16 | Orient Electric Ltd. INE142Z01019 | 2.07% |
| 17 | JSW Steel Ltd. INE019A01038 | 1.86% |
| 18 | Ambuja Cements Ltd. INE079A01024 | 1.68% |
| 19 | Axis Bank Ltd. INE238A01034 | 1.65% |
| 20 | Havells India Ltd. INE176B01034 | 1.60% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does ICICI Prudential Housing Opportunities Fund hold?
ICICI Prudential Housing Opportunities Fund holds 54 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 34.28% of NAV.
What is the largest holding in ICICI Prudential Housing Opportunities Fund?
The largest position in ICICI Prudential Housing Opportunities Fund is NTPC Ltd., accounting for 8.18% of NAV in the Power sector.
Is ICICI Prudential Housing Opportunities Fund a concentrated or diversified fund?
With a Gini coefficient of 0.517, ICICI Prudential Housing Opportunities Fund is moderately concentrated. The HHI concentration index is 38,376 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 34.28% of the portfolio.
What is the market cap allocation of ICICI Prudential Housing Opportunities Fund?
Based on SEBI's AMFI classification, ICICI Prudential Housing Opportunities Fund's equity portfolio is split as: Large Cap: 58.96%, Mid Cap: 16.04%, Small Cap: 21.35%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does ICICI Prudential Housing Opportunities Fund invest in most?
ICICI Prudential Housing Opportunities Fund has the highest allocation to Banks (18.41%), Consumer Durables (17.32%), Realty (14.72%). The fund is invested across 11 sectors in total.
How actively managed is ICICI Prudential Housing Opportunities Fund compared to other Sectoral / Thematic funds?
ICICI Prudential Housing Opportunities Fund has an Active Share of 81.84%, 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 Housing Opportunities Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, ICICI Prudential Housing Opportunities Fund added 1 new stock (including KEC International Ltd.). Total holding count increased from 56 to 57 stocks.