ICICI Prudential Large & Mid Cap Fund Direct Growth
Equity
Direct
Large & Mid-Cap
NAV as on 20-01-2025
₹ 1030.11
1D
Inception Returns
17%
/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 ₹17680 Cr worth of assets under management (AUM) as on Nov 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 17.02% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 20.18%, 18.97% and 22.89% respectively.
Holdings
ICICI Prudential Large & Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Basic Materials, Industrial, Consumer Defensive, Health, Energy, Tech, Utilities, Communication, Real Estate. Its top holdings are Maruti Suzuki India Ltd, FSN E-Commerce Ventures Ltd, ICICI Bank Ltd, Bajaj Finserv 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
Absolute
▲
▼
9466 people have invested ₹ 12.6Cr 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
12
/21
62% Performance
43% Risk Management
58% Cost
12 out of 21 among large & mid-cap
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
Poor track record of Recovering losses quickly
ICICI Prudential Large & Mid Cap Fund Direct Growth Overview
| Expense ratio | 0.85% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹17680 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-Jan-25)
Fund Distribution
as on (30-Nov-24)
Large cap
48.8%
Mid cap
37.7%
Small cap
8.1%
Sector Allocation
Consumer Cyclical
24.6%
Financial Services
23.9%
Basic Materials
13.2%
Industrial
9.2%
Consumer Defensive
8.2%
Health
6.2%
Energy
4.9%
Tech
4.5%
Utilities
2.7%
Communication
2.5%
Real Estate
0.1%
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 17.7K Cr as of Dec'24
- AUM increased by 559.3 Cr between Dec'24 and Nov'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 37.4% to 37.7%
Large Cap allocation has gone down from 49.5% to 48.8%
Small Cap allocation has gone down from 8.2% to 8.1%
Cash allocation has gone down from 6.2% to 4.8%
Top 3 Sectors in December were Financial Services, Consumer Cyclical & Basic Materials
Dec'24
Consumer Cyclical
25%
Financial Services
24%
Basic Materials
13%
Nov'24
Financial Services
25%
Consumer Cyclical
23%
Basic Materials
13%
See all
Top Losers | 1M Return |
|---|---|
 FSN E-Commerce Ventures Ltd | -0.2% |
 UPL Ltd | 3.7% |
 Maruti Suzuki India Ltd | 10.3% |
Loading...
We are taking more time than usual
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 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 23.83% return, outperforming this fund by 4.87% per annum.
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 1.2%.
In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 26.5% return, outperforming this fund by 3.61% per annum.
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 35.51% return, outperforming this fund by 15.33%.
Over the last 6 months, this fund has experienced a 22.0% growth in AUM moving from 14.48K Cr to 17.67K 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 17.02% since inception which is more than its category average return of 15.42%
Fund Allocations
This fund has an allocation of 94.99% in Equity, 0% in Debt and 4.82% in Cash related instruments
AUM size ₹17680 Cr
This fund has AUM of ₹17680 Cr which is more than its category average of ₹ 7466 Cr
Expense Ratio 0.85%
This fund has an expense ratio of 0.85% which is less than its category average expense ratio of 1.38%
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 ₹1030.11 as on 20-Jan-2025.
Existing (Absolute + CAGR) as on 20-Jan-2025.
ICICI Prudential Large & Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -3% | -3% |
6 Month Returns | -2.88% | -2.88% |
1 Year Returns | 20.18% | 20.18% |
3 Years Returns | 68.37% | 18.97% |
5 Years Returns | 180.27% | 22.89% |
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 December 2024
₹17680 Cr as on December 2024
Maruti Suzuki India Ltd(6.39%), FSN E-Commerce Ventures Ltd(4.42%), ICICI Bank Ltd(4.3%), Bajaj Finserv Ltd(4.18%), SBI Cards and Payment Services Ltd Ordinary Shares(2.95%) as on December 2024
Consumer Cyclical(23.33%), Financial Services(22.67%), Basic Materials(12.58%) as on December 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 | 2.67 | 4.49 | 1.67 |
As on December 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 | 0.98 | 0.85 | 0.97 |
As on December 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 | 1.12 | 1.14 | 0.91 |
As on December 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 | 12.09 | 12.62 | 20.03 |
As on December 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 2.04 as on December 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.73 as on December 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%