NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

ICICI Prudential Technology Fund Growth for NRI [225.39]

Min Investment

5,000

Fund Size

13,495.32 Cr

Expense Ratio

1.8%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

225.39

-0.21%

NAV as on 16 Dec 24, 12:00 AM

very high risk

sector technology

equity

NAV as on 16 Dec 24, 12:00 AM

very high risk

sector technology

equity

32.22%p.a.

Last 1Y

10.99%p.a.

Last 3Y

31.68%p.a.

Last 5Y

13.17%p.a.

Since Inception

About ICICI Prudential Technology Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Technology Fund Growth scheme from ICICI Prudential Asset Management Company Limited. It is a Sector - Technology mutual fund scheme that predominantly invests in Sector - Technology stocks of companies. Launched on Mar 2000, ICICI Prudential Technology Fund Growth is Sector - Technology fund of its category with 13,495.32 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Technology funds.

  • ICICI Prudential Technology Fund Growth delivered 32.2% annual returns during the last year. It has delivered 13.2% average annual returns since the fund was launched.
  • ICICI Prudential Technology Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

To generate long-term capital appreciation by creating a portfolio that is invested in equity and equity related securities of technology and technology dependent companies. However there can be no assurance or garuntee that the investment objective of the Scheme would be achieved.

Top 10 Holdings

Infosys Ltd

22.27%

Tata Consultancy Services Ltd

12.16%

Bharti Airtel Ltd

8.31%

LTIMindtree Ltd

5.77%

HCL Technologies Ltd

4.82%

Tech Mahindra Ltd

4.63%

Bharti Airtel Ltd (Partly Paid Rs.1.25)

4.04%

Zomato Ltd

3.11%

Wipro Ltd

3.04%

Persistent Systems Ltd

2.32%

Fund Managers

  1. Vaibhav Dusad (May 2020 - Present)
  2. Sharmila D’mello (Jun 2022 - Present)

Key Information

View Scheme Document

ICICI Prudential Technology Fund Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on ICICI Prudential Technology Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in ICICI Prudential Technology Fund Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in ICICI Prudential Technology Fund Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions