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ICICI Prudential Equity Minimum Variance Fund - Direct Plan - Growth

Equity Data as of Jun 2026 Comparing Apr 2026 → Jun 2026
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Stocks Held
32
Jun 2026
Equity Holdings
₹2,583.10 Cr
Equity only, excl. debt & cash
Top 5 Weight
33.9%
Moderate
Top 10 Weight
55.2%
Moderate
Changes
42
9 new · 10 exits
Top Sector
Banks
25.8% of portfolio
📋 What Happened This Month ICICI Prudential Equity Minimum Variance Fund made 9 new additions and exited 10 stocks this month. The biggest new buy was Sun Pharmaceutical Industries Limited (Pharmaceuticals & Biotechnology) at 6.20% weight. Apollo Hospitals Enterprise Limited was the biggest exit (Healthcare Services), which was held at 2.43%. Among existing holdings, ITC Limited saw the biggest increase — now at 4.58% of the portfolio. HDFC Life Insurance Company Limited was trimmed the most, now at 1.35%. Reliance Industries Limited remains the top holding with Banks the dominant sector at 25.8%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Mar 2026 Apr 2026
Sector Prev Curr Delta
Banks 24.4% 18.6% -5.8%
Petroleum Products 6.1% 10.1% +4.0%
IT - Software 9.3% 8.6% -0.7%
Automobiles 5.9% 8.5% +2.6%
Cement & Cement Products 3.1% 6.1% +3.0%
Insurance 4.9% 6.0% +1.1%
Pharmaceuticals & Biotechnology 7.9% 6.0% -1.9%
Telecom - Services 4.0% 4.5% +0.5%
Diversified FMCG 7.0% 4.4% -2.6%
Finance 0.0% 4.3% +4.3%
Apr 2026 Jun 2026
Sector Prev Curr Delta
Banks 18.6% 25.8% +7.3%
Petroleum Products 10.1% 9.7% -0.5%
Pharmaceuticals & Biotechnology 6.0% 8.1% +2.1%
Diversified FMCG 4.4% 7.7% +3.3%
IT - Software 8.6% 6.9% -1.7%
Automobiles 8.5% 5.4% -3.1%
Cement & Cement Products 6.1% 5.4% -0.7%
Finance 4.3% 4.9% +0.7%
Telecom - Services 4.5% 4.3% -0.2%
Power 3.0% 3.3% +0.3%
🟢
Biggest New Buy
Sun Pharmaceutical Industries Limited
6.20% weight · Pharmaceuticals & Biotechnology
🔴
Biggest Exit
Apollo Hospitals Enterprise Limited
2.43% was held · Healthcare Services
Biggest Add
ITC Limited
+2.68% · now 4.58%
Biggest Trim
HDFC Life Insurance Company Limited
-2.92% · now 1.35%
🤝 Other funds also bought this month
State Bank of India 63 funds
State Bank of India
SBI BSE PSU BANK INDEX FUND- Direct Plan- Growth
ICICI Prudential Nifty50 Value 20 Index Fund - Direct Plan - Growth
ICICI Prudential Nifty Bank Index Fund - Direct Plan Growth + more
Tech Mahindra Limited 47 funds
Tech Mahindra Limited
ICICI Prudential Nifty IT Index Fund - Direct Plan - Growth
Tata Digital India Fund-Direct Plan-Growth
Invesco India Technology Fund + more
Sun Pharmaceutical Industries Limited 45 funds
Sun Pharmaceutical Industries Limited
Nippon India Nifty 500 Low Volatility 50 Index Fund - Direct Plan - Growth Option
Motilal Oswal Contra Fund
Groww Nifty 500 Low Volatility 50 ETF + more
Titan Company Limited 45 funds
Titan Company Limited
Motilal Oswal BSE Low Volatility Index Fund
Invesco India Consumption Fund
Mirae Asset Nifty 100 Low Volatility 30 ETF + more
Mahindra & Mahindra Limited 38 funds
Mahindra & Mahindra Limited
ICICI Prudential Nifty Auto Index Fund - Direct Plan - Growth
IB23-GROWW NIFTY EV & NEW AGE AUTOMOTIVE ETF
ICICI Prudential Nifty Top 15 Equal Weight Index Fund - Direct Plan - Growth + more
Tata Consumer Products Limited 36 funds
Tata Consumer Products Limited
DSP NIFTY FMCG ETF
KOTAK NIFTY ALPHA LOW VOLATILITY 30 INDEX FUND
ICICI Prudential Active Momentum Fund - Direct Plan - Growth + more
👋 Other funds also exited
Maruti Suzuki India Limited 84 funds
Maruti Suzuki India Limited
GROWW NIFTY EV & NEW AGE AUTOMOTIVE ETF
Mirae Asset Nifty Top 20 Equal Weight ETF
ICICI Prudential Nifty50 Value 20 ETF + more
TVS Motor Company Limited 59 funds
TVS Motor Company Limited
ICICI Prudential Balanced Advantage Fund - Direct Plan - Growth
Kotak Nifty 200 Momentum 30 Index Fund - Direct Plan - Growth Option
UTI Nifty 200 Momentum 30 Index Fund - Direct Plan - Growth Option + more
InterGlobe Aviation Limited 51 funds
InterGlobe Aviation Limited
Baroda BNP Paribas Nifty200 Momentum 30 Index Fund - Direct Plan - Growth Option
UTI Nifty 200 Momentum 30 Index Fund - Direct Plan - Growth Option
ICICI Prudential Nifty 200 Momentum 30 ETF + more
Cummins India Limited 33 funds
Cummins India Limited
Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Direct Plan - Growth
Tata Nifty Midcap 150 Momentum 50 Index Fund - Growth - Direct Plan
Kotak Nifty Midcap 150 Momentum 50 Index Fund-Direct Plan-Growth + more
Lupin Limited 31 funds
Lupin Limited
Motilal Oswal Active Momentum Fund- Direct-Growth
WhiteOak Capital Pharma and Heathcare Fund Direct Plan Growth
Nippon India Active Momentum Fund-Direct Plan - Growth Option + more
GAIL (India) Limited 24 funds
GAIL (India) Limited
Groww Nifty PSE ETF
DSP Value Fund - Direct Plan - Growth
Bajaj Finserv Multi Asset Allocation Fund - Direct Growth + more

What Changed in the Portfolio This Month?

Comparing Apr 2026 → Jun 2026

Apr 2026 Jun 2026
🟢 9 New Entries 🔴 10 Exits ↑ 8 Increased ↓ 15 Decreased
#StockSectorWeight (Jun 2026)
1
Sun Pharmaceutical Industries Limited
₹178.56 Cr
Pharmaceuticals & Biotechnology 6.20%
2
State Bank of India
₹128.36 Cr
Banks 4.45%
3
Mahindra & Mahindra Limited
₹38.36 Cr
Automobiles 1.33%
4
Tata Consumer Products Limited
₹33.88 Cr
Agricultural Food & other Products 1.18%
5
Bajaj Holdings & Investment Limited
₹31.22 Cr
Finance 1.08%
6
Godrej Consumer Products Limited
₹10.10 Cr
Personal Products 0.35%
7
Tech Mahindra Limited
₹7.31 Cr
IT - Software 0.25%
8
Titan Company Limited
₹3.62 Cr
Consumer Durables 0.13%
9
Nestle India Limited
₹57.82 L
Food Products 0.02%
#StockSectorLast Weight (Apr 2026)
1
Apollo Hospitals Enterprise Limited
₹72.55 Cr
Healthcare Services 2.43%
2
Maruti Suzuki India Limited
₹71.44 Cr
Automobiles 2.39%
3
Life Insurance Corporation Of India
₹51.86 Cr
Insurance 1.74%
4
InterGlobe Aviation Limited
₹42.95 Cr
Transport Services 1.44%
5
Cummins India Limited
₹39.50 Cr
Industrial Products 1.32%
6
Lupin Limited
₹28.61 Cr
Pharmaceuticals & Biotechnology 0.96%
7
TVS Motor Company Limited
₹17.46 Cr
Automobiles 0.59%
8
Marico Limited
₹8.91 Cr
Agricultural Food & other Products 0.30%
9
GAIL (India) Limited
₹5.04 Cr
Gas 0.17%
10
Siemens Limited
₹3.58 Cr
Electrical Equipment 0.12%
#StockSectorApr 2026Jun 2026Change
1
ITC Limited
₹132.00 Cr
Diversified FMCG 1.90% 4.58% +2.68%
2
Kotak Mahindra Bank Limited
₹168.67 Cr
Banks 3.22% 5.85% +2.63%
3
Axis Bank Limited
₹152.23 Cr
Banks 3.19% 5.28% +2.09%
4
Hindustan Unilever Limited
₹90.11 Cr
Diversified FMCG 2.48% 3.13% +0.65%
5
NTPC Limited
₹72.69 Cr
Power 1.87% 2.52% +0.65%
6
Tata Consultancy Services Limited
₹74.85 Cr
IT - Software 2.07% 2.60% +0.53%
7
Oil & Natural Gas Corporation Limited
₹35.24 Cr
Oil 0.70% 1.22% +0.52%
8
HCL Technologies Limited
₹57.70 Cr
IT - Software 1.61% 2.00% +0.39%
#StockSectorApr 2026Jun 2026Change
1
HDFC Life Insurance Company Limited
₹38.87 Cr
Insurance 4.27% 1.35% -2.92%
2
Infosys Limited
₹60.02 Cr
IT - Software 4.95% 2.08% -2.87%
3
Cipla Limited
₹14.65 Cr
Pharmaceuticals & Biotechnology 3.07% 0.51% -2.56%
4
Bajaj Auto Limited
₹116.59 Cr
Automobiles 5.53% 4.05% -1.48%
5
ICICI Bank Limited
₹95.58 Cr
Banks 4.66% 3.32% -1.34%
6
Larsen & Toubro Limited
₹37.29 Cr
Construction 2.15% 1.29% -0.86%
7
HDFC Bank Limited
₹199.49 Cr
Banks 7.50% 6.92% -0.58%
8
Dr. Reddy's Laboratories Limited
₹40.75 Cr
Pharmaceuticals & Biotechnology 1.96% 1.41% -0.55%
9
UltraTech Cement Limited
₹52.86 Cr
Cement & Cement Products 2.33% 1.83% -0.50%
10
Reliance Industries Limited
₹278.19 Cr
Petroleum Products 10.12% 9.65% -0.47%

What Stocks Does This Fund Hold?

32 stocks — Jun 2026

# Stock Sector Cap Weight & Value
1
₹278.19 Cr
Petroleum Products
9.65%
2
₹199.49 Cr
Banks
6.92%
3
₹178.56 Cr
Pharmaceuticals & Biotechnology
6.20%
4
₹168.67 Cr
Banks
5.85%
5
₹152.23 Cr
Banks
5.28%
6
₹132.00 Cr
Diversified FMCG
4.58%
7
₹128.36 Cr
Banks
4.45%
8
₹124.82 Cr
Telecom - Services
4.33%
9
₹116.59 Cr
Automobiles
4.05%
10
₹111.26 Cr
Finance
3.86%
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Disclaimer: Data sourced from individual AMC monthly portfolio disclosures, as mandated by SEBI/AMFI. While we strive for accuracy, errors in parsing or presentation may occasionally occur. This is not investment advice. Please consult a SEBI-registered investment adviser before making any investment decisions.

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