ICICI Prudential Large & Mid Cap Fund Direct Growth
Equity
Direct
Large & Mid-Cap
About the Fund
ICICI Prudential Large & Mid Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Ihab Dalwai. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Large & Mid Cap Fund Direct Growth has ₹13420 Cr worth of assets under management (AUM) as on May 2024 and is more than category average.
- The fund has an expense ratio 0.9.
Returns
ICICI Prudential Large & Mid Cap Fund Direct Growth has given a CAGR return of 17.94% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 47.51%, 27.88% and 23.72% respectively.
Holdings
ICICI Prudential Large & Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Health, Basic Materials, Industrial, Government, Energy, Consumer Defensive, Utilities, Tech, Communication, Real Estate. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Maruti Suzuki India Ltd, SBI Cards and Payment Services Ltd Ordinary Shares, NTPC Ltd
Taxation
As it is a large & mid-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of ICICI Prudential Large & Mid Cap Fund Direct Growth
To generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of large-cap and mid-cap companies. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. ICICI Prudential Large & Mid Cap Fund Direct Growth has no lock in period.
Fund Performance
7007 people have invested ₹ 10Cr in ICICI Prudential Large & Mid Cap Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
6
/21
72% Performance
51% Risk Management
64% Cost
6 out of 21 among large & mid-cap
Lower probablity of downside risk
Protects capital during bear phase
5Y returns in the top 25% of the category
No bad points found for this fund.
Fund Overview
| Expense ratio | 0.85% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹13420 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 57.66% |
| Risk |   Very High Risk |
Fund Distributionas on (31-May-24)
Large cap
51.7%
Mid cap
38.9%
Small cap
6.3%
Sector Allocation
Financial Services
27.1%
Consumer Cyclical
15.5%
Health
9.4%
Basic Materials
8.8%
Industrial
8.4%
Energy
7.8%
Consumer Defensive
6.9%
Utilities
5.7%
Tech
4.9%
Communication
3.3%
Real Estate
2.1%
All changes are between Mar'24 and May'24
as on (30-Jun-24)
See all
Returns for the month of May
Top Growth Drivers | 1M Return |
|---|---|
 Infosys Ltd | 15.3% |
 Gujarat Gas Ltd | 14.3% |
 HDFC Bank Ltd | 10.1% |
Ihab Dalwai
Fund Manager of ICICI Prudential Large & Mid Cap Fund Direct Growth, since 1 June 2022
Top funds managed
Mutual Fund Insights
This fund expense ratio is slightly on the lower side within the category (large & mid-cap). Its expense ratio is 0.85% which is lower than the category average expense ratio of 1.22%.
In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 29.69% return, outperforming this fund by 5.97% per annum.
In the last 1 year, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 68.34% return, outperforming this fund by 20.83%.
Over the last 1 month, this fund has increased expense ratio by 10.4% moving from 0.77 to 0.85.
In the last 3 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 32.16% return, outperforming this fund by 4.28% per annum.
Over the last 6 months, this fund has experienced a 39.3% growth in AUM moving from 9.63K Cr to 13.42K Cr.
ICICI Prudential Large & Mid Cap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 17.94% since inception which is less than its category average return of 18.07%
Fund Allocations
This fund has an allocation of 93.72% in Equity, 0% in Debt and 6.28% in Cash related instruments
AUM size ₹13420 Cr
This fund has AUM of ₹13420 Cr which is more than its category average of ₹ 6602 Cr
Expense Ratio 0.85%
This fund has an expense ratio of 0.85% which is less than its category average expense ratio of 1.4%
Frequently Asked Questions
The current NAV of ICICI Prudential Large & Mid Cap Fund Direct Growth is ₹1030.73 as on 04-Jul-2024.
Existing (Absolute + CAGR) as on 04-Jul-2024.
ICICI Prudential Large & Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.66% | 4.66% |
6 Month Returns | 21.95% | 21.95% |
1 Year Returns | 47.51% | 47.51% |
3 Years Returns | 109.13% | 27.88% |
5 Years Returns | 189.82% | 23.72% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.85% as on June 2024
₹13420 Cr as on June 2024
ICICI Bank Ltd(6.22%), HDFC Bank Ltd(4.83%), Maruti Suzuki India Ltd(3.99%), SBI Cards and Payment Services Ltd Ordinary Shares(2.85%), NTPC Ltd(2.83%) as on June 2024
Financial Services(25.37%), Consumer Cyclical(14.53%), Health(8.81%) as on June 2024
The alpha ratio for the ICICI Prudential Large & Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Large & Mid Cap Fund Direct Growth | 5.91 | 6.38 | 1.33 |
As on June 2024
The alpha for ICICI Prudential Large & Mid Cap Fund Direct Growth is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the ICICI Prudential Large & Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Large & Mid Cap Fund Direct Growth | 0.86 | 0.84 | 0.97 |
As on June 2024
The Beta for ICICI Prudential Large & Mid Cap Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the ICICI Prudential Large & Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Large & Mid Cap Fund Direct Growth | 3.06 | 1.61 | 0.92 |
As on June 2024
The sharpe ratio for ICICI Prudential Large & Mid Cap Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the ICICI Prudential Large & Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Large & Mid Cap Fund Direct Growth | 10.58 | 12.27 | 20 |
As on June 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 3.33 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.89 as on June 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Ihab Dalwai is the fund manager of ICICI Prudential Large & Mid Cap Fund Direct Growth
The Exit load of ICICI Prudential Large & Mid Cap Fund Direct Growth is 1%