ICICI Prudential Quality Fund
The fund is positioned for quality growth across defensive and earnings-resilient sectors, with pharmaceuticals and banking forming its defensive core while IT software provides secular exposure. The manager has rotated away from treasury bills and defensive plays like Coal India into higher-conviction quality names, signalling renewed confidence in equity markets. Notably, the concentrated top-10 weight of 40 percent and deliberate pruning of lower-conviction holdings suggest a focus on owning fewer, better-quality businesses rather than breadth.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹10.1100 | — | — | — | — |
| Regular Growth | ₹10.0000 | -0.70% | — | — | — |
| Direct IDCW | ₹10.1200 | — | — | — | — |
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 |
|---|---|
| State Bank Of India | 1.72% |
| J.B.Chemicals & Pharmaceuticals Ltd. | 1.55% |
| Adani Ports and Special Economic Zone Ltd. | 1.23% |
| Eternal Ltd. | 1.14% |
| SIEMENS ENERGY INDIA LTD | 0.87% |
| HDFC Life Insurance Company Ltd. | 0.84% |
| Neuland Laboratories Ltd. | 0.20% |
| Carborundum Universal Ltd. | 0.11% |
| Prudent Corporate Advisory Services Ltd | 0.03% |
| 182 Days Treasury Bills | 0.23% |
| 364 Days Treasury Bills | 0.09% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Ltd. INE090A01021 | 6.41% |
| 2 | TREPS | 5.71% |
| 3 | Divi's Laboratories Ltd. INE361B01024 | 4.07% |
| 4 | Infosys Ltd. INE009A01021 | 4.00% |
| 5 | Sun Pharmaceutical Industries Ltd. INE044A01036 | 3.63% |
| 6 | Bharat Electronics Ltd. INE263A01024 | 3.55% |
| 7 | HDFC Bank Ltd. INE040A01034 | 3.52% |
| 8 | Hindustan Unilever Ltd. INE030A01027 | 3.09% |
| 9 | Astrazeneca Pharma India Ltd. INE203A01020 | 3.01% |
| 10 | Cholamandalam Investment And Finance Company Ltd. INE121A01024 | 2.77% |
| 11 | Tata Consultancy Services Ltd. INE467B01029 | 2.51% |
| 12 | Britannia Industries Ltd. INE216A01030 | 2.49% |
| 13 | Ultratech Cement Ltd. INE481G01011 | 2.48% |
| 14 | Interglobe Aviation Ltd. INE646L01027 | 2.06% |
| 15 | Bajaj Finserv Ltd. INE918I01026 | 2.03% |
| 16 | Alkem Laboratories Ltd. INE540L01014 | 2.02% |
| 17 | Mphasis Ltd. INE356A01018 | 1.92% |
| 18 | Mahindra & Mahindra Ltd. INE101A01026 | 1.92% |
| 19 | Godrej Consumer Products Ltd. INE102D01028 | 1.88% |
| 20 | Eicher Motors Ltd. INE066A01021 | 1.86% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does ICICI Prudential Quality Fund hold?
ICICI Prudential Quality Fund holds 59 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 21.66% of NAV.
What is the largest holding in ICICI Prudential Quality Fund?
The largest position in ICICI Prudential Quality Fund is ICICI Bank Ltd., accounting for 6.41% of NAV in the Banks sector.
Is ICICI Prudential Quality Fund a concentrated or diversified fund?
With a Gini coefficient of 0.394, ICICI Prudential Quality Fund is well-diversified. The HHI concentration index is 22,953 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 21.66% of the portfolio.
What is the market cap allocation of ICICI Prudential Quality Fund?
Based on SEBI's AMFI classification, ICICI Prudential Quality Fund's equity portfolio is split as: Large Cap: 67.72%, Mid Cap: 9.47%, Small Cap: 15.05%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does ICICI Prudential Quality Fund invest in most?
ICICI Prudential Quality Fund has the highest allocation to Pharmaceuticals & Biotechnology (14.49%), Banks (11.65%), It - Software (10.26%). The fund is invested across 27 sectors in total.
How actively managed is ICICI Prudential Quality Fund compared to other Sectoral / Thematic funds?
ICICI Prudential Quality Fund has an Active Share of 69.59%, 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 Quality Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, ICICI Prudential Quality Fund added 11 new stocks (including State Bank Of India) and exited 11 stocks (including 91 Days Treasury Bills). Total holding count remained at 62 stocks.