ICICI Prudential Large & Mid Cap Fund Direct Growth
Equity
Direct
Large & Mid-Cap
NAV as on 20-12-2024
₹ 1025.79
1D
Inception Returns
17.3%
/yr
About ICICI Prudential Large & Mid Cap Fund Direct Growth
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 ₹17120 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
- The fund has an expense ratio 0.8.
Returns
ICICI Prudential Large & Mid Cap Fund Direct Growth has given a CAGR return of 17.30% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 24.94%, 22.95% and 24.28% respectively.
Holdings
ICICI Prudential Large & Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Basic Materials, Industrial, Consumer Defensive, Health, Energy, Tech, Utilities, Communication, Government, Real Estate. Its top holdings are Maruti Suzuki India Ltd, ICICI Bank Ltd, Bajaj Finserv Ltd, FSN E-Commerce Ventures Ltd, SBI Cards and Payment Services Ltd Ordinary Shares
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.
Historical NAV & Returns
Annualised
▲
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9510 people have invested ₹ 15Cr in ICICI Prudential Large & Mid Cap Fund Direct Growth in the last three months
INDmoney Rank for ICICI Prudential Large & Mid Cap Fund Direct Growth
Powered by IND quant engine
11
/21
66% Performance
50% Risk Management
58% Cost
11 out of 21 among large & mid-cap
5Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
ICICI Prudential Large & Mid Cap Fund Direct Growth Overview
| Expense ratio | 0.81% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹17120 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 57.66% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (20-Dec-24)
Fund Distribution
as on (30-Nov-24)
Large cap
49.5%
Mid cap
37.4%
Small cap
8.2%
Sector Allocation
Financial Services
24.7%
Consumer Cyclical
23.2%
Basic Materials
12.8%
Industrial
9.4%
Consumer Defensive
7.6%
Health
6.4%
Energy
4.9%
Tech
4.6%
Utilities
3%
Communication
2.4%
Real Estate
0.8%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at -1.10% whereas the fund’s underlying benchmark NIFTY 500 returns stands at -0.60% as on Nov'24
- This fund underperformed NIFTY 500 by 0.50% in Nov'24
- AUM of the fund stands at 17.1K Cr as of Nov'24
- AUM has remained same between Nov'24 and Oct'24
Top Stocks bought last month
Alkem Laboratories Ltd's allocation increased from 0.33% to 2.81%
FSN E-Commerce Ventures Ltd's allocation increased from 2.78% to 3.66%
Maruti Suzuki India Ltd's allocation increased from 5.39% to 6.06%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 4.48 % to 4.36 %
Bajaj Finserv Ltd's allocation decreased from 4.55 % to 4.06 %
HDFC Bank Ltd's allocation decreased from 3.59 % to 2.87 %
Mid Cap allocation has gone up from 37.1% to 37.4%
Large Cap allocation has gone up from 48.8% to 49.5%
Small Cap allocation has gone up from 7.3% to 8.2%
Cash allocation has gone down from 7% to 6.2%
Top 3 Sectors in November were Financial Services, Consumer Cyclical & Basic Materials
Nov'24
Financial Services
25%
Consumer Cyclical
23%
Basic Materials
13%
Oct'24
Financial Services
25%
Consumer Cyclical
20%
Basic Materials
14%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Interglobe Aviation Ltd | 8.5% |
 Infosys Ltd | 8.5% |
 Syngene International Ltd | 1% |
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Ihab Dalwai
Fund Manager of ICICI Prudential Large & Mid Cap Fund Direct Growth, since 1 June 2022
Top funds managed
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
Total AUM
₹8.23L Cr
as on 29-Nov-2024
Address
ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East)
Phone
+912226428000
Website
investor.helpdesk@hdfcbank.com
Mutual Fund Insights
In the last 5 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 29.27% return, outperforming this fund by 4.99% per annum.
Over the last 15 months, this fund has decreased expense ratio by 19.0% moving from 1.00 to 0.81.
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 50.72% return, outperforming this fund by 25.79%.
This fund expense ratio is slightly on the lower side within the category (large & mid-cap). Its expense ratio is 0.81% which is lower than the category average expense ratio of 1.2%.
Over the last 6 months, this fund has experienced a 27.6% growth in AUM moving from 13.42K Cr to 17.12K Cr.
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 30.78% return, outperforming this fund by 7.83% per annum.
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 17.3% since inception which is more than its category average return of 16.95%
Fund Allocations
This fund has an allocation of 93.8% in Equity, 0% in Debt and 6.2% in Cash related instruments
AUM size ₹17120 Cr
This fund has AUM of ₹17120 Cr which is more than its category average of ₹ 7358 Cr
Expense Ratio 0.81%
This fund has an expense ratio of 0.81% which is less than its category average expense ratio of 1.37%
Frequently Asked Questions for ICICI Prudential Large & Mid Cap Fund Direct Growth
The current NAV of ICICI Prudential Large & Mid Cap Fund Direct Growth is ₹1025.79 as on 20-Dec-2024.
Existing (Absolute + CAGR) as on 20-Dec-2024.
ICICI Prudential Large & Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.88% | 1.88% |
6 Month Returns | 3.01% | 3.01% |
1 Year Returns | 24.94% | 24.94% |
3 Years Returns | 85.85% | 22.95% |
5 Years Returns | 196.5% | 24.28% |
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0.81% as on November 2024
₹17120 Cr as on November 2024
Maruti Suzuki India Ltd(6.06%), ICICI Bank Ltd(4.36%), Bajaj Finserv Ltd(4.06%), FSN E-Commerce Ventures Ltd(3.66%), SBI Cards and Payment Services Ltd Ordinary Shares(3.11%) as on November 2024
Financial Services(23.13%), Consumer Cyclical(21.8%), Basic Materials(12.04%) as on November 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 | 4.65 | 4.96 | 2.04 |
As on November 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 | 0.88 | 0.84 | 0.97 |
As on November 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 | 1.81 | 1.26 | 0.94 |
As on November 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 | 12.01 | 12.42 | 19.95 |
As on November 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 2.29 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.8 as on November 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%