ICICI Prudential ESG Exclusionary Strategy Fund
Thematic-ESGVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹20.79-1.38%1 day
- Return since launch
- 13.3%
- 52-week range
- ₹19.29 — ₹23.26
- AUM
- ₹1,356 Cr
ICICI Prudential ESG Exclusionary Strategy Fund is a Thematic-ESG equity fund from ICICI Prudential Mutual Fund with ₹1,356 Cr under management, launched in 2020. Over three years it has returned 1.4% a year, against 8.7% for its category. The expense ratio is 2.20% 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 -7.5% against -4.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -7.9% | −5.6 pts | -2.3% | -5.9% |
| 2Y | -4.0% | −3.2 pts | -0.8% | -2.6% |
| 3Y | 1.4% | −7.4 pts | 8.7% | 0.9% |
| 5Y | 8.5% | +1.6 pts | 6.9% | 6.0% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -4.1% | +0.9 pts | -4.9% | -5.1% |
| 3M | -1.9% | −0.2 pts | -1.7% | -1.7% |
| 6M | 3.2% | −3.4 pts | 6.6% | 4.5% |
| 1Y | -7.5% | −5.2 pts | -2.3% | -4.2% |
| 2Y | -5.8% | −1.2 pts | -4.6% | -5.0% |
| 3Y | 10.2% | +1.4 pts | 8.7% | 7.1% |
| 5Y | 8.3% | +1.4 pts | 6.9% | 5.5% |
Since launch (21 Sep 2020): 13.3%
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
2.32%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.85%
- Brokerage
- 0.04%
- Transaction charges
- 0.00%
- Statutory levies
- 0.43%
- 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 | 1.48 | 1.41 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.97 | 1.01 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.46 | 0.42 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.69 | 0.57 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.61 | 15.85 | 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 31 Aug 2026
Asset allocation
- Equity95.8%
- Other4.2%
Market cap split
- Large69.1%
- Mid7.6%
- Small23.3%
- P/E
- 23.89
- P/B
- 3.34
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 9.05% | ₹123 Cr | +12.37% | +13.07% | +13.28% |
| ICICI Bank Ltd. | Financial | 7.75% | ₹105 Cr | +6.89% | +7.12% | +8.26% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 5.46% | ₹74.06 Cr | +14.72% | +14.63% | +14.70% |
| TVS Motor Company Ltd. | Automobile | 4.90% | ₹66.46 Cr | +5.33% | +5.79% | +4.65% |
| Axis Bank Ltd. | Financial | 4.55% | ₹61.69 Cr | +4.87% | +4.94% | +3.92% |
| Others | Others | 4.21% | ₹57.06 Cr | +3.39% | +3.20% | +3.44% |
| Maruti Suzuki India Ltd. | Automobile | 4.02% | ₹54.48 Cr | +8.05% | +8.58% | +12.51% |
| Avenue Supermarts Ltd. | Services | 3.34% | ₹45.32 Cr | +3.13% | +2.80% | +0.88% |
| Bharti Airtel Ltd. | Communication | 2.89% | ₹39.20 Cr | +7.50% | +7.92% | +13.47% |
| Eternal Ltd. | Services | 2.82% | ₹38.23 Cr | +2.67% | +1.58% | +1.16% |
| Interglobe Aviation Ltd. | Services | 2.59% | ₹35.16 Cr | +3.12% | +3.22% | — |
| Infosys Ltd. | Technology | 2.57% | ₹34.85 Cr | +2.71% | +2.85% | +3.33% |
| SBI Life Insurance Company Ltd. | Insurance | 2.38% | ₹32.29 Cr | +2.57% | +2.70% | +2.27% |
| State Bank of India | Financial | 2.21% | ₹29.98 Cr | +1.52% | +1.78% | +1.13% |
| Chalet Hotels Ltd. | Services | 2.21% | ₹29.96 Cr | +1.97% | +1.46% | +0.17% |
| company:5765 | Insurance | 2.16% | ₹29.26 Cr | — | — | — |
| Inox Wind Ltd. | Capital Goods | 2.09% | ₹28.42 Cr | +2.85% | +2.66% | +3.49% |
| Reliance Industries Ltd. | Energy | 1.81% | ₹24.52 Cr | +3.85% | +5.72% | +5.93% |
| company:408 | Financial | 1.72% | ₹23.29 Cr | — | — | — |
| company:2244 | Automobile | 1.70% | ₹23.04 Cr | — | — | — |
| FDC Ltd. | Healthcare | 1.64% | ₹22.23 Cr | +2.02% | +1.68% | +1.73% |
| Divgi TorqTransfer Systems Ltd. | Automobile | 1.58% | ₹21.46 Cr | +1.37% | +1.15% | +0.98% |
| Rolex Rings Ltd | Capital Goods | 1.55% | ₹21.02 Cr | +1.36% | +1.23% | +1.18% |
| company:19531 | Services | 1.47% | ₹19.91 Cr | — | — | — |
| Advanced Enzyme Technologies Ltd. | Chemicals | 1.42% | ₹19.26 Cr | +2.22% | +1.87% | +2.04% |
| company:17746 | Capital Goods | 1.35% | ₹18.25 Cr | — | — | — |
| Rainbow Children's Medicare Ltd. | Healthcare | 1.26% | ₹17.12 Cr | +1.27% | +1.03% | — |
| Ethos Ltd. | Services | 1.24% | ₹16.84 Cr | +1.05% | +1.01% | +0.89% |
| Havells India Ltd. | Capital Goods | 1.20% | ₹16.33 Cr | +1.17% | +1.02% | +0.68% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 1.20% | ₹16.26 Cr | +1.13% | +1.13% | +1.20% |
| Tata Consultancy Services Ltd. | Technology | 1.19% | ₹16.21 Cr | +1.22% | +1.34% | +0.89% |
| Tata Communications Ltd. | Communication | 1.19% | ₹16.11 Cr | +1.42% | +1.08% | +0.99% |
| Inox Green Energy Services Ltd. | Capital Goods | 1.15% | ₹15.64 Cr | +1.35% | +1.99% | +1.63% |
| company:642 | Metals & Mining | 1.02% | ₹13.83 Cr | — | — | — |
| Tech Mahindra Ltd. | Technology | 1.00% | ₹13.50 Cr | +0.93% | +0.80% | +0.76% |
| Britannia Industries Ltd. | Consumer Staples | 0.98% | ₹13.30 Cr | +1.32% | +1.43% | +1.31% |
| company:14919 | Insurance | 0.97% | ₹13.19 Cr | — | — | — |
| company:6992 | Chemicals | 0.93% | ₹12.68 Cr | — | — | — |
| V-Guard Industries Ltd. | Consumer Discretionary | 0.92% | ₹12.55 Cr | +1.81% | +1.74% | +1.58% |
| Hindustan Unilever Ltd. | Consumer Staples | 0.90% | ₹12.22 Cr | +1.01% | +1.04% | — |
| PI Industries Ltd. | Chemicals | 0.90% | ₹12.17 Cr | +0.01% | +1.14% | — |
| Dhanuka Agritech Ltd. | Chemicals | 0.66% | ₹8.90 Cr | +0.79% | — | — |
| ICICI Prudential Life Insurance Company Ltd. | Insurance | 0.55% | ₹7.39 Cr | +0.55% | +0.23% | +0.20% |
| company:12712 | Financial | 0.53% | ₹7.16 Cr | — | — | — |
| company:2526 | Healthcare | 0.50% | ₹6.73 Cr | — | — | — |
| Astrazeneca Pharma India Ltd. | Healthcare | 0.48% | ₹6.49 Cr | +0.61% | +0.59% | +0.47% |
| Maharashtra Seamless Ltd. | Metals & Mining | 0.47% | ₹6.31 Cr | +0.30% | — | — |
| UTI Asset Management Company Ltd. | Financial | 0.45% | ₹6.15 Cr | +0.58% | +0.57% | +0.40% |
| company:12439 | Financial | 0.25% | ₹3.39 Cr | — | — | — |
| SKF India Ltd. | Capital Goods | 0.22% | ₹2.93 Cr | +0.03% | — | — |
| Sundram Fasteners Ltd. | Capital Goods | 0.19% | ₹2.58 Cr | +1.15% | +1.10% | +1.22% |
| company:3376 | Metals & Mining | 0.14% | ₹1.97 Cr | — | — | — |
| TVS Motor Company Ltd - Pref. Shares | Automobile | 0.06% | ₹0.84 Cr | +0.07% | +0.06% | +0.06% |
| Indusind Bank Ltd. | Financial | 0.01% | ₹0.17 Cr | +1.35% | +1.33% | +0.97% |
| INOX Renewable Solutions Ltd. | Energy | 0.01% | ₹0.12 Cr | — | — | — |
| company:13978 | Healthcare | 0.01% | ₹0.07 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| HDFC Bank Ltd. | 6.99% | -0.00% | -6.99% |
| Sun Pharmaceutical Industries Ltd. | 6.65% | -0.01% | -6.66% |
| Maruti Suzuki India Ltd. | 4.22% | -0.02% | -4.24% |
| Bharti Airtel Ltd. | 3.91% | -0.00% | -3.91% |
| company:5765 | 0.00% | 2.16% | +2.16% |
| Reliance Industries Ltd. | 1.84% | -0.00% | -1.84% |
| REC Ltd. | 1.84% | 0.00% | -1.84% |
| TVS Motor Company Ltd. | 6.62% | 4.90% | -1.72% |
| company:408 | 0.00% | 1.72% | +1.72% |
| company:2244 | 0.00% | 1.70% | +1.70% |
| Interglobe Aviation Ltd. | 1.62% | -0.00% | -1.62% |
| company:19531 | 0.00% | 1.47% | +1.47% |
| Indusind Bank Ltd. | 0.72% | -0.71% | -1.43% |
| company:17746 | 0.00% | 1.35% | +1.35% |
| Tata Chemicals Ltd. | 1.17% | 0.00% | -1.17% |
| Sundram Fasteners Ltd. | 1.26% | 0.19% | -1.07% |
| Godrej Properties Ltd. | 1.04% | 0.00% | -1.04% |
| company:642 | 0.00% | 1.02% | +1.02% |
| company:14919 | 0.00% | 0.97% | +0.97% |
| Ambuja Cements Ltd. | 0.97% | 0.00% | -0.97% |
| company:6992 | 0.00% | 0.93% | +0.93% |
| V-Guard Industries Ltd. | 1.79% | 0.92% | -0.86% |
| Deepak Nitrite Ltd. | 0.80% | 0.00% | -0.80% |
| Others | 1.09% | 1.84% | +0.74% |
| Kotak Mahindra Bank Ltd. | 0.67% | 0.00% | -0.67% |
| State Bank of India | 1.56% | 2.21% | +0.65% |
| NIIT Learning Systems Ltd. | 0.62% | 0.00% | -0.62% |
| company:12712 | 0.00% | 0.53% | +0.53% |
| company:2526 | 0.00% | 0.50% | +0.50% |
| Advanced Enzyme Technologies Ltd. | 1.86% | 1.42% | -0.44% |
| Avenue Supermarts Ltd. | 2.93% | 3.34% | +0.41% |
| Rolex Rings Ltd | 1.15% | 1.55% | +0.40% |
| LTM Limited | 0.39% | 0.00% | -0.39% |
| Matrimony.Com Ltd. | 0.38% | 0.00% | -0.38% |
| Britannia Industries Ltd. | 1.32% | 0.98% | -0.34% |
| FDC Ltd. | 1.98% | 1.64% | -0.34% |
| Eternal Ltd. | 3.12% | 2.82% | -0.30% |
| Axis Bank Ltd. | 4.27% | 4.55% | +0.27% |
| company:12439 | 0.00% | 0.25% | +0.25% |
| Chalet Hotels Ltd. | 1.97% | 2.21% | +0.24% |
| HCL Technologies Ltd. | 0.22% | 0.00% | -0.22% |
| Inox Wind Ltd. | 2.31% | 2.09% | -0.22% |
| ICICI Lombard General Insurance Company Ltd. | 0.99% | 1.20% | +0.21% |
| Maharashtra Seamless Ltd. | 0.26% | 0.47% | +0.20% |
| UPL Ltd. | 0.19% | 0.00% | -0.19% |
| Aptus Value Housing Finance India Ltd. | 0.19% | 0.00% | -0.19% |
| Tata Communications Ltd. | 1.00% | 1.19% | +0.19% |
| Power Grid Corporation Of India Ltd. | 0.18% | 0.00% | -0.18% |
| SBI Life Insurance Company Ltd. | 2.56% | 2.38% | -0.18% |
| ICICI Bank Ltd. | 7.60% | 7.75% | +0.15% |
| Ethos Ltd. | 1.10% | 1.24% | +0.15% |
| SKF India Ltd. | 0.07% | 0.22% | +0.15% |
| company:3376 | 0.00% | 0.14% | +0.14% |
| PI Industries Ltd. | 1.04% | 0.90% | -0.14% |
| Rainbow Children's Medicare Ltd. | 1.35% | 1.26% | -0.09% |
| UTI Asset Management Company Ltd. | 0.54% | 0.45% | -0.08% |
| Astrazeneca Pharma India Ltd. | 0.55% | 0.48% | -0.08% |
| Hindustan Unilever Ltd. | 0.96% | 0.90% | -0.06% |
| Infosys Ltd. | 2.54% | 2.57% | +0.02% |
| Tata Consultancy Services Ltd. | 1.17% | 1.19% | +0.02% |
| Dhanuka Agritech Ltd. | 0.67% | 0.66% | -0.01% |
| Inox Green Energy Services Ltd. | 1.17% | 1.15% | -0.01% |
| Divgi TorqTransfer Systems Ltd. | 1.57% | 1.58% | +0.01% |
| Havells India Ltd. | 1.21% | 1.20% | -0.01% |
| Tech Mahindra Ltd. | 1.00% | 1.00% | -0.01% |
| ICICI Prudential Life Insurance Company Ltd. | 0.54% | 0.55% | +0.01% |
| company:13978 | 0.00% | 0.01% | +0.01% |
| TVS Motor Company Ltd - Pref. Shares | 0.06% | 0.06% | 0.00% |
| INOX Renewable Solutions Ltd. | 0.01% | 0.01% | 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 | ₹1,836 Cr | 2.64% | 1.1% | 4.1% | 8.5% |
 SBI ESG Exclusionary Strategy Fund | ₹5,356 Cr | 2.04% | -6.2% | 1.5% | 6.5% |
 Axis ESG Integration Strategy Fund | ₹1,073 Cr | 2.70% | -6.5% | 0.3% | 5.3% |
 Aditya Birla Sun Life ESG Integration Strategy Fund | ₹580 Cr | 2.44% | -4.5% | 3.2% | 7.2% |
 Quant ESG Integration Strategy Fund | ₹337 Cr | 3.38% | 21.6% | 11.5% | 15.2% |
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 months3.23% absolute | ₹60,000 | ₹61,938 | 3.23% | |
| 1 year−7.48% annualised | ₹1,20,000 | ₹1,15,247 | −3.96% | |
| 3 years10.16% annualised | ₹3,60,000 | ₹4,22,382 | 17.33% | |
| 5 years8.29% annualised | ₹6,00,000 | ₹7,45,464 | 24.24% |
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 ₹20.79 as on 24 Sep 2026.
What is the expense ratio of ICICI Prudential ESG Exclusionary Strategy Fund?
The expense ratio of ICICI Prudential ESG Exclusionary Strategy Fund is 2.20% 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 -7.9% over 1 year, 1.4% over 3 years and 8.5% 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 ₹11,76,218 Cr under management.