ICICI Prudential Nifty IT Index Fund Direct-Growth
Equity: Sectoral-Technology - Growth (Open ended) Factsheet
SEBI Riskometer: Very HighCategory: Equity: Sectoral-TechnologyBenchmark: NIFTY IT Total Return IndexCheck Portfolio Overlap →
NAV: ₹10.66-2.28%
07 Sept 2026
Similar Funds
Side-by-side comparison of ICICI Prudential Nifty IT Index Fund Direct-Growth with similar funds — trailing returns, risk metrics, AUM and expense ratio.
| Period | This Fund | Category Avg | Category Rank |
|---|---|---|---|
| 1Y Return | -11.78% | -5.52% | 13 / 17 |
| 3Y Return | -0.89% | 6.25% | 5 / 6 |
| 5Y Return | — | 4.94% | — |
| 10Y Return | — | 16.98% | — |
Trailing annualised returns (%). Category rank: lower is better. Green = top third of category.
Funds in Equity: Sectoral-Technology
Top funds by AUM in the Equity: Sectoral-Technology category — see how ICICI Prudential Nifty IT Index Fund Direct-Growth compares on size and returns.
Funds Tracking NIFTY IT Total Return Index
Top funds tracking the NIFTY IT Total Return Index — sorted by AUM to show the largest options available.
Frequently Asked Questions
Which funds are similar to ICICI Prudential Nifty IT Index Fund Direct-Growth?
Funds similar to ICICI Prudential Nifty IT Index Fund Direct-Growth in the Equity: Sectoral-Technology category include ICICI Prudential Technology Direct Plan-Growth, Tata Digital India Fund Direct-Growth, and SBI Technology Opportunities Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.
What is the rank of ICICI Prudential Nifty IT Index Fund Direct-Growth in its category?
On a 3-year return basis ICICI Prudential Nifty IT Index Fund Direct-Growth is ranked 5 out of 6 funds in the Equity: Sectoral-Technology category as of 6 Sep 2026. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.
How does ICICI Prudential Nifty IT Index Fund Direct-Growth's expense ratio compare to similar funds?
ICICI Prudential Nifty IT Index Fund Direct-Growth has an expense ratio of 0.40%. The peers ICICI Prudential Technology Direct Plan-Growth has an expense ratio of 1.20% and Tata Digital India Fund Direct-Growth has 0.66%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.
How does ICICI Prudential Nifty IT Index Fund Direct-Growth's AUM compare to similar funds?
ICICI Prudential Nifty IT Index Fund Direct-Growth has an AUM of ₹452.66 crore. The peers ICICI Prudential Technology Direct Plan-Growth has an AUM of ₹13,540.5 crore and Tata Digital India Fund Direct-Growth has ₹10,214.4 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.
Which fund has the best 3-year returns in the Equity: Sectoral-Technology?
The top performing fund in the Equity: Sectoral-Technology category on a 3-year basis is Tata Nifty India Digital ETF FoF Direct-Growth with a CAGR of 9.83% as of 6 Sep 2026. ICICI Prudential Nifty IT Index Fund Direct-Growth has delivered -0.89% CAGR over the same period, ranking 5 out of 6 funds. You can view and compare the full category ranking on sharpely.
How does ICICI Prudential Nifty IT Index Fund Direct-Growth rank in risk-adjusted returns vs peers?
On a risk-adjusted basis, ICICI Prudential Nifty IT Index Fund Direct-Growth has a Sharpe ratio of -0.04 compared to the Equity: Sectoral-Technology average of 0.19 as of 6 Sep 2026. It ranks 7 out of 8 funds in its category on Sharpe ratio.