NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹208.07
0.18%
NAV as on 17 Nov 24, 12:00 AM
very high risk
sector technology
equity
NAV as on 17 Nov 24, 12:00 AM
very high risk
sector technology
equity
38.69%p.a.
Last 1Y
7.96%p.a.
Last 3Y
29.42%p.a.
Last 5Y
12.98%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 Nov 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 38.7% annual returns during the last year. It has delivered 13.0% 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
22.22%
Tata Consultancy Services Ltd
11.72%
Bharti Airtel Ltd
8.54%
HCL Technologies Ltd
5.43%
LTIMindtree Ltd
5.43%
Tech Mahindra Ltd
4.73%
Bharti Airtel Ltd (Partly Paid Rs.1.25)
4.15%
Zomato Ltd
2.95%
Wipro Ltd
2.83%
Persistent Systems Ltd
2.30%
Fund Managers
- Vaibhav Dusad (May 2020 - Present)
- Sharmila D’mello (Jun 2022 - Present)
Key Information
View Scheme Document
ICICI Prudential Technology Fund Growth SIP Calculator
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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 Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% 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
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