ICICI Prudential PMS Growth Leaders Strategy
Leadership Qualities that Sparks Potential Growth
Strategy aims to identify growth oriented and well managed businesses with potential for earnings growth
Leaders through
Secular Growth
- Companies improving margins through efficient processes
- Return on Equity remaining higher than cost of capital for longer period of time
Leaders through
Scalable Business & Pricing Power
- Industries enjoying a large profit pool which can be tapped by unique value strategies
- Scalable businesses with pricing power can expand with strong margins
Leaders through
Sustainable Competitive Edge
- Companies growing sustainably for longer period of time
- May have dominance in specific industries or regions
Key Traits of the Strategy
The Strategy aims to focus on companies exhibiting the below characteristics:
GROWTH POTENTIAL
Companies growing faster than industry and industry growing faster than GDP
MARKET LEADERSHIP
Dominant in a product or service
ECONOMIC MOATS
Having a sustainable competitive advantage
MARKET SHARE
Focused on growing market share
PRODUCT SPECIALIZATION
Specialized in products they offer
INNOVATION
Emphasis to launch new & innovative products
Top 15 Holdings*
| Company | % Assets |
|---|---|
| HDFC Bank Ltd | 7.41 |
| ICICI Bank Ltd | 6.83 |
| Larsen & Toubro Ltd | 5.46 |
| State Bank of India | 5.05 |
| Bharti Airtel Ltd | 4.93 |
| Jindal Stainless Ltd | 3.84 |
| Tata Steel Ltd | 3.38 |
| Interglobe Aviation Ltd | 3.84 |
| TVS Motor Company Ltd | 3.50 |
| SBI Life Insurance Company Limited | 3.49 |
| Info Edge India Ltd | 3.34 |
| GE Vernova T&D India Limited | 3.23 |
| DLF Ltd | 3.19 |
| Karur Vysya Bank Ltd | 2.96 |
| Nippon Life India Asset Management Limited | 2.88 |
No. of Stocks
33
Top 5 Sectors (%)
56.08
Top 10 Stocks (%)
48.12
Top 5 Sectors (%)
Banks23.38
Ferrous Metals10.61
Retailing7.88
Construction7.57
Insurance6.63
Market Cap Break-up
Large cap 67.02%
Mid cap 17.29%
Small cap 15.69%
Strategy Performance
as on May 31, 2025
| 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 4 Years | 5 Years | Since Inception* |
|---|---|---|---|---|---|---|---|---|
| 5.75% | 16.70% | 0.07% | 6.48% | 25.41% | 22.33% | 18.15% | 26.17% | 12.53% |
| 3.54% | 14.65% | 0.62% | 8.54% | 20.90% | 18.16% | 15.62% | 25.12% | 12.96% |
| CYTD 2025 | CY 2024 | CY 2023 | CY 2022 | CY 2021 |
|---|---|---|---|---|
| 1.16% | 23.51% | 28.83% | 6.17% | 30.50% |
| 2.14% | 15.81% | 26.55% | 4.77% | 31.63% |
*Inception Date: 14-Sep-18
