ICICI Prudential ESG Exclusionary Strategy Fund
Thematic-ESGVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹21.64+0.65%1 day
- Return since launch
- 13.4%
- 52-week range
- ₹19.29 — ₹23.01
- AUM
- ₹1,275 Cr
ICICI Prudential ESG Exclusionary Strategy Fund is a Thematic-ESG equity fund from ICICI Prudential Mutual Fund with ₹1,275 Cr under management, launched in 2020. Over three years it has returned 3.2% a year, against 10.4% for its category. The expense ratio is 2.36% and the SEBI riskometer reading is Very High.
Performance
ICICI Prudential ESG Exclusionary Strategy Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -5.0% against -1.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 1.9% | +1.5 pts | 0.4% | 5.3% |
| 2Y | 0.6% | −3.1 pts | 3.7% | 2.9% |
| 3Y | 3.2% | −7.2 pts | 10.4% | 3.7% |
| 5Y | 9.4% | +2.1 pts | 7.3% | 7.5% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 8.2% | +0.6 pts | 7.5% | 8.6% |
| 3M | -0.6% | +0.3 pts | -0.8% | -0.6% |
| 6M | 3.0% | −2.3 pts | 5.3% | 5.1% |
| 1Y | -5.0% | −5.4 pts | 0.4% | -1.0% |
| 2Y | -0.3% | −1.3 pts | 1.0% | 0.8% |
| 3Y | 11.3% | +0.9 pts | 10.4% | 9.3% |
| 5Y | 8.8% | +1.5 pts | 7.3% | 6.1% |
Since launch (21 Sep 2020): 13.4%
Calendar-year returns
Category average22.5%
-3.6%
31.9%
21.5%
6.2%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.2% | +1.0 pts | 5.2% |
| 2024 | 21.5% | +3.2 pts | 18.4% |
| 2023 | 31.9% | +5.6 pts | 26.3% |
| 2022 | -3.6% | −1.1 pts | -2.5% |
| 2021 | 22.5% | −12.4 pts | 34.9% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.38%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.84%
- Brokerage
- 0.05%
- Transaction charges
- 0.01%
- Statutory levies
- 0.48%
- Exit load
- Exit load of 1% if redeemed within 1 month.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 100 ESG TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 0.08 | 1.31 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.97 | 1.04 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.27 | 0.32 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.43 | 0.46 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 15.15 | 16.74 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
ICICI Prudential ESG Exclusionary Strategy Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity98.2%
- Other1.8%
Market cap split
- Large67.4%
- Mid6.8%
- Small25.8%
- P/E
- 22.44
- P/B
- 3.16
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 9.74% | ₹124 Cr | +7.59% | +6.05% | +6.60% |
| ICICI Bank Ltd. | Financial | 7.86% | ₹100 Cr | +7.41% | +7.00% | +7.92% |
| Axis Bank Ltd. | Financial | 4.80% | ₹61.24 Cr | +4.76% | +4.66% | +4.22% |
| TVS Motor Company Ltd. | Automobile | 4.80% | ₹61.22 Cr | +5.40% | +5.66% | +4.85% |
| Maruti Suzuki India Ltd. | Automobile | 4.27% | ₹54.40 Cr | +4.26% | +3.99% | +4.90% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 3.54% | ₹45.20 Cr | +6.74% | +7.61% | +7.31% |
| Avenue Supermarts Ltd. | Services | 3.31% | ₹42.27 Cr | +3.33% | +3.24% | +3.05% |
| Mahindra & Mahindra Ltd. | Automobile | 3.01% | ₹38.41 Cr | — | — | — |
| Bharti Airtel Ltd. | Communication | 2.98% | ₹38.03 Cr | +3.73% | +4.22% | +6.66% |
| Interglobe Aviation Ltd. | Services | 2.88% | ₹36.77 Cr | +1.71% | +1.48% | — |
| Eternal Ltd. | Services | 2.74% | ₹34.88 Cr | +2.78% | +1.65% | +1.19% |
| Life Insurance Corporation of India | Insurance | 2.48% | ₹31.62 Cr | — | — | — |
| SBI Life Insurance Company Ltd. | Insurance | 2.47% | ₹31.47 Cr | +2.44% | +2.65% | +2.24% |
| Inox Wind Ltd. | Capital Goods | 2.20% | ₹28.07 Cr | +2.71% | +2.45% | +3.53% |
| Chalet Hotels Ltd. | Services | 2.20% | ₹28.01 Cr | +2.01% | +1.43% | +0.16% |
| State Bank of India | Financial | 2.13% | ₹27.14 Cr | +1.59% | +1.63% | +1.22% |
| Bajaj Holdings & Investment Ltd. | Financial | 2.03% | ₹25.89 Cr | — | — | — |
| Others | Others | 1.81% | ₹23.12 Cr | +3.34% | +3.59% | +6.44% |
| Reliance Industries Ltd. | Energy | 1.79% | ₹22.81 Cr | +1.85% | +2.07% | +2.96% |
| Harsha Engineers International Ltd. | Capital Goods | 1.77% | ₹22.53 Cr | — | — | — |
| Rolex Rings Ltd | Capital Goods | 1.73% | ₹22.12 Cr | +1.43% | +1.14% | +1.11% |
| Divgi TorqTransfer Systems Ltd. | Automobile | 1.63% | ₹20.78 Cr | +1.64% | +1.10% | +0.99% |
| FDC Ltd. | Healthcare | 1.60% | ₹20.46 Cr | +2.08% | +1.70% | +1.66% |
| Swiggy Ltd. | Services | 1.52% | ₹19.41 Cr | — | — | — |
| HDFC Life Insurance Co Ltd. | Insurance | 1.48% | ₹18.86 Cr | — | — | — |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 1.29% | ₹16.50 Cr | +1.08% | +1.14% | +1.22% |
| Angel One Ltd. | Financial | 1.29% | ₹16.43 Cr | — | — | — |
| Rainbow Children's Medicare Ltd. | Healthcare | 1.25% | ₹15.90 Cr | +1.28% | +1.13% | — |
| Carborundum Universal Ltd. | Metals & Mining | 1.23% | ₹15.66 Cr | — | — | — |
| Infosys Ltd. | Technology | 1.23% | ₹15.65 Cr | +2.29% | +3.08% | +3.25% |
| Pondy Oxides & Chemicals Ltd. | Chemicals | 1.22% | ₹15.51 Cr | — | — | — |
| Tata Communications Ltd. | Communication | 1.21% | ₹15.48 Cr | +1.14% | +1.03% | +1.03% |
| Inox Green Energy Services Ltd. | Capital Goods | 1.18% | ₹15.09 Cr | +1.41% | +1.79% | +2.23% |
| Ethos Ltd. | Services | 1.16% | ₹14.74 Cr | +1.06% | +1.02% | +0.99% |
| Grindwell Norton Ltd. | Metals & Mining | 1.14% | ₹14.49 Cr | — | — | — |
| Tata Consultancy Services Ltd. | Technology | 1.09% | ₹13.85 Cr | +1.08% | +1.35% | +0.83% |
| Havells India Ltd. | Capital Goods | 1.05% | ₹13.33 Cr | +1.13% | +0.98% | +0.66% |
| Jindal Saw Ltd. | Metals & Mining | 1.01% | ₹12.93 Cr | — | — | — |
| Gujarat Pipavav Port Ltd. | Services | 1.01% | ₹12.85 Cr | — | — | — |
| Tech Mahindra Ltd. | Technology | 0.99% | ₹12.64 Cr | +0.87% | +0.92% | +0.71% |
| Britannia Industries Ltd. | Consumer Staples | 0.96% | ₹12.24 Cr | +1.28% | +1.45% | +1.34% |
| PI Industries Ltd. | Chemicals | 0.93% | ₹11.87 Cr | +0.01% | +1.12% | +0.93% |
| V-Guard Industries Ltd. | Consumer Discretionary | 0.76% | ₹9.67 Cr | +1.74% | +1.96% | +1.62% |
| Dhanuka Agritech Ltd. | Chemicals | 0.61% | ₹7.78 Cr | +0.70% | — | — |
| Info Edge (India) Ltd. | Services | 0.60% | ₹7.67 Cr | — | — | — |
| Delhivery Ltd. | Services | 0.60% | ₹7.62 Cr | — | — | — |
| Maharashtra Seamless Ltd. | Metals & Mining | 0.55% | ₹7.02 Cr | +0.28% | — | — |
| Natco Pharma Ltd. | Healthcare | 0.27% | ₹3.41 Cr | — | — | — |
| MAS Financial Services Ltd. | Financial | 0.27% | ₹3.40 Cr | — | — | — |
| Astrazeneca Pharma India Ltd. | Healthcare | 0.22% | ₹2.78 Cr | +0.57% | +0.58% | +0.50% |
| Power Grid Corporation Of India Ltd. | Energy | 0.08% | ₹0.98 Cr | +0.19% | +1.79% | +1.42% |
| Interarch Building Solutions Ltd. | Metals & Mining | 0.03% | ₹0.37 Cr | — | — | — |
| INOX Renewable Solutions Ltd. | Energy | 0.01% | ₹0.12 Cr | — | — | — |
| Syngene International Ltd. | Healthcare | 0.00% | ₹0.06 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| HDFC Bank Ltd. | -0.00% | 9.74% | +9.74% |
| Maruti Suzuki India Ltd. | -0.02% | 4.27% | +4.29% |
| Sun Pharmaceutical Industries Ltd. | -0.01% | 3.54% | +3.55% |
| Bharti Airtel Ltd. | -0.00% | 2.98% | +2.98% |
| Interglobe Aviation Ltd. | -0.00% | 2.88% | +2.89% |
| Reliance Industries Ltd. | -0.00% | 1.79% | +1.79% |
| Advanced Enzyme Technologies Ltd. | 1.42% | 0.00% | -1.42% |
| Infosys Ltd. | 2.57% | 1.23% | -1.34% |
| Mahindra & Mahindra Ltd. | 1.70% | 3.01% | +1.31% |
| Grindwell Norton Ltd. | 0.00% | 1.14% | +1.14% |
| Gujarat Pipavav Port Ltd. | 0.00% | 1.01% | +1.01% |
| Hindustan Unilever Ltd. | 0.90% | 0.00% | -0.90% |
| Jindal Saw Ltd. | 0.14% | 1.01% | +0.87% |
| Angel One Ltd. | 0.53% | 1.29% | +0.76% |
| company:1693 | -0.71% | 0.00% | +0.71% |
| Info Edge (India) Ltd. | 0.00% | 0.60% | +0.60% |
| Delhivery Ltd. | 0.00% | 0.60% | +0.60% |
| ICICI Life Insurance Ltd. | 0.55% | 0.00% | -0.55% |
| HDFC Life Insurance Co Ltd. | 0.97% | 1.48% | +0.51% |
| UTI Asset Management Company Ltd. | 0.45% | 0.00% | -0.45% |
| Harsha Engineers International Ltd. | 1.35% | 1.77% | +0.42% |
| Life Insurance Corporation of India | 2.16% | 2.48% | +0.32% |
| Bajaj Holdings & Investment Ltd. | 1.72% | 2.03% | +0.31% |
| Pondy Oxides & Chemicals Ltd. | 0.93% | 1.22% | +0.28% |
| Astrazeneca Pharma India Ltd. | 0.48% | 0.22% | -0.26% |
| Axis Bank Ltd. | 4.55% | 4.80% | +0.26% |
| Natco Pharma Ltd. | 0.50% | 0.27% | -0.23% |
| SKF India Ltd. | 0.22% | 0.00% | -0.22% |
| Carborundum Universal Ltd. | 1.02% | 1.23% | +0.21% |
| Sundram Fasteners Ltd. | 0.19% | 0.00% | -0.19% |
| Rolex Rings Ltd | 1.55% | 1.73% | +0.19% |
| V-Guard Industries Ltd. | 0.92% | 0.76% | -0.17% |
| Havells India Ltd. | 1.20% | 1.05% | -0.16% |
| Others | 1.84% | 1.95% | +0.12% |
| Tata Consultancy Services Ltd. | 1.19% | 1.09% | -0.11% |
| ICICI Bank Ltd. | 7.75% | 7.86% | +0.11% |
| Inox Wind Ltd. | 2.09% | 2.20% | +0.11% |
| TVS Motor Company Ltd. | 4.90% | 4.80% | -0.10% |
| ICICI Lombard General Insurance Company Ltd. | 1.20% | 1.29% | +0.10% |
| SBI Life Insurance Company Ltd. | 2.38% | 2.47% | +0.09% |
| Ethos Ltd. | 1.24% | 1.16% | -0.09% |
| Maharashtra Seamless Ltd. | 0.47% | 0.55% | +0.09% |
| Eternal Ltd. | 2.82% | 2.74% | -0.08% |
| State Bank of India | 2.21% | 2.13% | -0.08% |
| Power Grid Corporation Of India Ltd. | 0.00% | 0.08% | +0.08% |
| company:20133 | 0.06% | 0.00% | -0.06% |
| Swiggy Ltd. | 1.47% | 1.52% | +0.05% |
| Divgi TorqTransfer Systems Ltd. | 1.58% | 1.63% | +0.05% |
| Dhanuka Agritech Ltd. | 0.66% | 0.61% | -0.05% |
| FDC Ltd. | 1.64% | 1.60% | -0.03% |
| PI Industries Ltd. | 0.90% | 0.93% | +0.03% |
| Inox Green Energy Services Ltd. | 1.15% | 1.18% | +0.03% |
| Interarch Building Solutions Ltd. | 0.00% | 0.03% | +0.03% |
| Tata Communications Ltd. | 1.19% | 1.21% | +0.03% |
| Avenue Supermarts Ltd. | 3.34% | 3.31% | -0.03% |
| Britannia Industries Ltd. | 0.98% | 0.96% | -0.02% |
| MAS Financial Services Ltd. | 0.25% | 0.27% | +0.02% |
| Rainbow Children's Medicare Ltd. | 1.26% | 1.25% | -0.01% |
| Chalet Hotels Ltd. | 2.21% | 2.20% | -0.01% |
| Tech Mahindra Ltd. | 1.00% | 0.99% | 0.00% |
| INOX Renewable Solutions Ltd. | 0.01% | 0.01% | 0.00% |
| Syngene International Ltd. | 0.01% | 0.00% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹1,553 Cr | 2.54% | 11.8% | 6.7% | 10.0% |
 SBI ESG Exclusionary Strategy Fund | ₹4,984 Cr | 2.00% | 7.7% | 5.2% | 8.6% |
 Aditya Birla Sun Life ESG Integration Strategy Fund | ₹542 Cr | 2.43% | 6.4% | 5.9% | 8.8% |
 Invesco India ESG Integration Strategy Fund | ₹361 Cr | 2.56% | 12.2% | 4.3% | 7.7% |
 Quant ESG Integration Strategy Fund | ₹328 Cr | 3.15% | 20.8% | 11.2% | 14.7% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate long-term capital appreciation by investing in a diversified basket of companies identified based on the Environmental, Social and Governance (ESG) theme following Exclusion Strategy.
Fund managers
- Mittul KalawadiaMr. Kalawadia is a B.Com. from Mithibai College, M.Com. from University of Mumbai and CA. from ICAI.He has been associated with ICICI Prudential since 2012.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.95% absolute | ₹60,000 | ₹61,770 | 2.95% | |
| 1 year−4.96% annualised | ₹1,20,000 | ₹1,16,824 | −2.65% | |
| 3 years11.27% annualised | ₹3,60,000 | ₹4,29,985 | 19.44% | |
| 5 years8.81% annualised | ₹6,00,000 | ₹7,56,002 | 26.00% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of ICICI Prudential ESG Exclusionary Strategy Fund?
The NAV of ICICI Prudential ESG Exclusionary Strategy Fund is ₹21.64 as on 9 Nov 2026.
What is the expense ratio of ICICI Prudential ESG Exclusionary Strategy Fund?
The expense ratio of ICICI Prudential ESG Exclusionary Strategy Fund is 2.36% per year.
What is the minimum SIP amount for ICICI Prudential ESG Exclusionary Strategy Fund?
You can start a SIP in ICICI Prudential ESG Exclusionary Strategy Fund with ₹3,000 a month.
What returns has ICICI Prudential ESG Exclusionary Strategy Fund given?
ICICI Prudential ESG Exclusionary Strategy Fund has returned 1.9% over 1 year, 3.2% over 3 years and 9.4% over 5 years (annualised).
Is there a lock-in or exit load on ICICI Prudential ESG Exclusionary Strategy Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 1 month..
How risky is ICICI Prudential ESG Exclusionary Strategy Fund?
ICICI Prudential ESG Exclusionary Strategy Fund is rated Very High on the SEBI riskometer and belongs to the Thematic-ESG category.
Which fund house manages ICICI Prudential ESG Exclusionary Strategy Fund?
ICICI Prudential ESG Exclusionary Strategy Fund is managed by ICICI Prudential Mutual Fund, which runs 109 schemes with ₹12,20,481 Cr under management.