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MF Analyser

ICICI Prudential Equity Minimum Variance Fund

Regular Plan · IDCW · Sectoral / Thematic · Scheme code 153068

NAV₹10.1800as on 25 Sep 2026
Fund houseICICI Prudential Mutual Fund
CategorySectoral / Thematic
Plan & optionRegular · IDCW
History1.8 years

Returns (%)

 1M3M6M1Y3Y5Y7Y10YLaunch
This scheme -3.50-3.130.20 -4.40—— ——1.12
Nifty 500
benchmark		 0.874.312.15 5.2012.4911.41 ——15.49
Sectoral / Thematic
category median		 ——— 2.2113.4710.56 —13.46—

Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published NAV history for this scheme.

Risk

 VolatilitySharpeSortinoBetaAlphaMax fallR²
This scheme 11.3% -0.47 -0.67 0.81 -0.18% -14.2% 90.17
Nifty 500
benchmark		 17.2%0.35 0.47—— -37.3%—

Risk-free rate 6.5%. Beta, alpha and R² are regressed on the 20 months this scheme and its benchmark share.

Growth of ₹100 since launch

91981061132026MF Analyser

Drawdown from peak (%)

0%-5%-11%-16%2026

Every one-year period it has lived through

WindowsWorstMedianBestPeriods that lost money
38 -3.2% 2.3% 15.9% 29%

Every one-year holding period in this scheme's history, not just the last one — the spread a real investor would have met depending only on when they started.

How it behaves against its benchmark

Up captureDown captureCorrelation Tracking errorInformation ratioTreynor
77% 71% 0.95 5.5% 0.05 -2.66

Up capture is how much of the benchmark's gain this scheme kept in the months the benchmark rose; down capture, how much of its fall it took. Below 100 on the down side and above it on the up side is the combination every fund is trying for and few reach. Measured over the 20 months this scheme and Nifty 500 share.

MF Analyser

ICICI Prudential Equity Minimum Variance Fund

Regular Plan · IDCW

Allocation

By asset

Equity88.40%
Cash & Equivalents8.25%
Debt3.35%

By market cap

Large Cap87.24%
Mid Cap1.17%
Unclassified3.35%

Concentration

Number of stocks30
Top 5 stocks41.53%
Top 10 stocks63.00%
Top 20 stocks84.67%
Lines in the filing36
Largest holding9.56%
Largest sectorBanks 35.23%
Effective stocks19.9
Sectors held19
Cash8.25%

Effective stocks is what the concentration works out to: a fund holding 30 names but most of its money in a few behaves like a fund of 20. Cash includes repo and TREPS, which every fund parks money in overnight.

Sector split

Banks — 35.2%Petroleum Products — 9.6%Diversified Fmcg — 8.5%Cash & Equivalents — 8.3%Construction — 5.1%Insurance — 4.6%Consumer Durables — 4.2%Power — 3.8%Finance — 3.7%Other — 17.2%Banks35.2%Petroleum Products9.6%Diversified Fmcg8.5%Cash & Equivalents8.3%Construction5.1%Insurance4.6%Consumer Durables4.2%Power3.8%Finance3.7%Other17.2%
Banks35.23%
Petroleum Products9.55%
Diversified Fmcg8.47%
Cash & Equivalents8.27%
Construction5.08%
Insurance4.59%
Consumer Durables4.17%
Power3.76%
Finance3.74%
SOV3.35%
Cement & Cement Products2.36%
Agricultural Food & Other Products2.12%
Personal Products1.74%
It - Software1.47%
Automobiles1.42%
Pharmaceuticals & Biotechnology1.17%
Consumable Fuels1.17%
Retailing1.08%
Food Products0.79%
Healthcare Services0.50%
MF Analyser

ICICI Prudential Equity Minimum Variance Fund

Regular Plan · IDCW · holdings

Top 30 holdings

#CompanySectorShares held Value
₹ cr		% of fund
1 Reliance Industries Ltd. Petroleum Products 2,000,000 255 9.56%
2 Axis Bank Ltd. Banks 1,900,000 247 9.24%
3 Kotak Mahindra Bank Ltd. Banks 5,700,000 239 8.95%
4 TREPS Unclassified — 220 8.25%
5 State Bank Of India Banks 1,800,000 191 7.14%
6 HDFC Bank Ltd. Banks 2,500,000 177 6.63%
7 Larsen & Toubro Ltd. Construction 335,568 136 5.08%
8 ITC Ltd. Diversified Fmcg 4,500,000 115 4.30%
9 Asian Paints Ltd. Consumer Durables 420,000 111 4.17%
10 Hindustan Unilever Ltd. Diversified Fmcg 565,465 111 4.16%
11 NTPC Ltd. Power 3,068,077 100 3.76%
12 ICICI Bank Ltd. Banks 600,000 87 3.27%
13 HDFC Life Insurance Company Ltd. Insurance 1,488,797 81 3.03%
14 Bajaj Finserv Ltd. Finance 350,000 71 2.65%
15 91 Days Treasury Bills SOV 7,000,000 70 2.61%
16 Ultratech Cement Ltd. Cement & Cement Products 55,000 63 2.36%
17 Tata Consumer Products Ltd. Agricultural Food & Other Products 546,170 57 2.12%
18 Godrej Consumer Products Ltd. Personal Products 515,633 46 1.74%
19 Life Insurance Corporation of India Insurance 1,000,000 42 1.56%
20 Dr. Reddy's Laboratories Ltd. Pharmaceuticals & Biotechnology 269,942 31 1.17%
21 Coal India Ltd. Consumable Fuels 775,341 31 1.17%
22 Bajaj Holdings & Investment Ltd. Finance 25,000 29 1.09%
23 Trent Ltd. Retailing 100,000 29 1.08%
24 Infosys Ltd. It - Software 200,000 23 0.85%
25 Britannia Industries Ltd. Food Products 40,000 21 0.79%
26 364 Days Treasury Bills SOV 2,000,000 20 0.74%
27 Tata Consultancy Services Ltd. It - Software 68,887 17 0.62%
28 Eicher Motors Ltd. Automobiles 20,000 16 0.60%
29 Tata Motors Passenger Vehicles Ltd. Automobiles 500,000 15 0.58%
30 Apollo Hospitals Enterprise Ltd. Healthcare Services 15,000 13 0.50%
MF Analyser

ICICI Prudential Equity Minimum Variance Fund

Regular Plan · IDCW · where the money sits

What the manager did last month

Between the filings of 31 Jul 2026 and 31 Aug 2026. A position grows because the manager bought or because the price rose; only the share count separates them.

BoughtSoldNew positionsSold out ofPrice move of holdings
₹188 cr ₹173 cr 4 6 -0.58%
StockShares tradedShares PriceValue
₹ cr
New position
Life Insurance Corporation of India 1,000,000 entered — 41.8
Trent Ltd. 100,000 entered — 28.8
Tata Motors Passenger Vehicles Ltd. 500,000 entered — 15.4
Apollo Hospitals Enterprise Ltd. 15,000 entered — 13.4
Added to
HDFC Life Insurance Company Ltd. 813,797 +120.6% -0.9% 44.2
NTPC Ltd. 1,029,927 +50.5% -5.7% 33.7
Kotak Mahindra Bank Ltd. 668,844 +13.3% +7.5% 28.1
Tata Consumer Products Ltd. 231,170 +73.4% -4.2% 24.0
Hindustan Unilever Ltd. 115,072 +25.6% -6.4% 22.6
Asian Paints Ltd. 69,052 +19.7% -3.4% 18.3
ITC Ltd. 431,119 +10.6% -9.1% 11.0
Axis Bank Ltd. 50,000 +2.7% +5.7% 6.5
Trimmed
Britannia Industries Ltd. 100,000 -71.4% -3.1% 52.5
Eicher Motors Ltd. 33,057 -62.3% +1.5% 26.3
Larsen & Toubro Ltd. 64,432 -16.1% +2.7% 26.1
Ultratech Cement Ltd. 16,976 -23.6% -3.8% 19.4
Reliance Industries Ltd. 150,000 -7.0% -2.4% 19.2
ICICI Bank Ltd. 95,000 -13.7% +1.3% 13.8
Bajaj Finserv Ltd. 50,000 -12.5% -0.4% 10.1
Bajaj Holdings & Investment Ltd. 4,443 -15.1% +2.7% 5.2
Sold out of
Sun Pharmaceutical Industries Ltd. 450,000 exited — 89.6
JSW Steel Ltd. 575,916 exited — 73.1
Mahindra & Mahindra Ltd. 201,987 exited — 68.7
Grasim Industries Ltd. 165,782 exited — 51.4
Bajaj Auto Ltd. 42,124 exited — 48.5
GAIL (India) Ltd. 1,055,893 exited — 19.2
Not equityPrevious filingThis filingChange
Cash, repo and TREPS ₹0 cr ₹0 cr +₹0 cr
Debt: bills, CDs and commercial paper ₹69 cr ₹90 cr +₹20 cr

The list above is stocks and fund units. Treasury bills, repo and money-market lines roll over every month by design — they are not decisions, so they are totalled here rather than listed as activity.

Not investment advice. InvestVerdict is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past returns do not predict future ones. Generated 28 Sep 2026.