ICICI Prudential Quality Fund
ICICI Prudential Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI
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 | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹10.0500 | — | — | — | — | — | — |
| Regular Growth | ₹9.9300 | +0.81% | -3.59% | -5.34% | — | — | — |
| Direct IDCW | ₹10.0500 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
59
Top 5 Weight
21.66%
Top 10 Weight
36.57%
Active Share
—
Large Cap
67.72%
Gini
0.394
What Changed2026-03-31 → 2026-04-30
Holdings: 62 → 62+11 added−11 removed33 weight shifts ≥ 0.1%
| 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
Pharmaceuticals & Biotechnology14.5%
Banks11.7%
It - Software10.3%
Aerospace & Defense6.5%
Finance6.3%
Diversified Fmcg4.7%
Automobiles4.5%
Healthcare Services3.8%
Consumer Durables3.2%
Cement & Cement Products2.9%
Top 10 sectors by % to NAV. Excludes derivatives.