ICICI Prudential Large & Mid Cap Fund Direct Growth
Equity
Direct
Large & Mid-Cap
NAV as on 21-02-2025
₹ 1002.66
1D
Inception Returns
16.7%
/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 ₹18624 Cr worth of assets under management (AUM) as on Jan 2025 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 16.67% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 11.28%, 20.78% and 22.90% respectively.
Holdings
ICICI Prudential Large & Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Basic Materials, Consumer Defensive, Industrial, Health, Tech, Energy, Communication, Utilities, Government. 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 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
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
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9234 people have invested ₹ 9.1Cr 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
2
/21
77% Performance
64% Risk Management
53% Cost
2 out of 21 among large & mid-cap
Consistently beats benchmark
Lower volatility within category
Lower probablity of downside risk
No bad points found for this fund.
ICICI Prudential Large & Mid Cap Fund Direct Growth Overview
| Expense ratio | 0.85% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹18624 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 (21-Feb-25)
Fund Distribution
as on (31-Jan-25)
Large cap
45.3%
Mid cap
37.7%
Small cap
10.4%
Sector Allocation
Consumer Cyclical
25.4%
Financial Services
24.4%
Basic Materials
14.7%
Consumer Defensive
9.3%
Industrial
8.5%
Health
5%
Tech
3.9%
Energy
3.7%
Communication
2.6%
Utilities
2.5%
All changes are between Nov'24 and Jan'25
- AUM of the fund stands at 17.7K Cr as of Jan'25
- AUM has remained same between Jan'25 and Dec'24
Top Stocks bought last month
Alkem Laboratories Ltd's allocation increased from 0.33% to 2.66%
Motherson Sumi Wiring India Ltd's allocation increased from 1.26% to 1.97%
Shree Cement Ltd's allocation increased from 1.61% to 2.3%
Top Stocks sold last month
FSN E-Commerce Ventures Ltd's allocation decreased from 4.42 % to 4.37 %
ICICI Bank Ltd's allocation decreased from 4.3 % to 3.99 %
Bajaj Finserv Ltd's allocation decreased from 5.26 % to 3.65 %
Small Cap allocation has gone up from 8.1% to 11.1%
Mid Cap allocation has gone down from 37.7% to 37.4%
Large Cap allocation has gone down from 48.8% to 46.5%
Cash allocation has gone up from 4.8% to 6.6%
Top 3 Sectors in January were Consumer Cyclical, Financial Services & Basic Materials
Jan'25
Consumer Cyclical
25%
Financial Services
24%
Basic Materials
15%
Dec'24
Consumer Cyclical
25%
Financial Services
24%
Basic Materials
13%
See all
Top Growth Drivers | 1M Return |
|---|---|
 UPL Ltd | 17.6% |
 SBI Cards & Payment Services Ltd | 12.7% |
 Maruti Suzuki India Ltd | 5.5% |
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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
₹8.31L Cr
as on 31-Jan-2025
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, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 23.76% return, outperforming this fund by 0.72% per annum.
Over the last 3 months, this fund has experienced a 8.8% growth in AUM moving from 17.12K Cr to 18.62K Cr.
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 1.21%.
In the last 1 year, Invesco India Large&MidCap Fund Direct Plan Growth has given 15.81% return, outperforming this fund by 4.6%.
Over the last 1 year, this fund has decreased expense ratio by 4.5% moving from 0.89 to 0.85.
In the last 3 years, Bandhan Core Equity Fund Direct Plan Growth has given 22.13% return, outperforming this fund by 1.29% 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 16.67% since inception which is more than its category average return of 13.78%
Fund Allocations
This fund has an allocation of 93.41% in Equity, 0% in Debt and 6.59% in Cash related instruments
AUM size ₹18624 Cr
This fund has AUM of ₹18624 Cr which is more than its category average of ₹ 7469 Cr
Expense Ratio 0.85%
This fund has an expense ratio of 0.85% which is less than its category average expense ratio of 1.37%
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 ₹1002.66 as on 21-Feb-2025.
Existing (Absolute + CAGR) as on 21-Feb-2025.
ICICI Prudential Large & Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.7% | -1.7% |
6 Month Returns | -6.26% | -6.26% |
1 Year Returns | 11.28% | 11.28% |
3 Years Returns | 76.2% | 20.78% |
5 Years Returns | 180.43% | 22.9% |
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 January 2025
₹18624 Cr as on January 2025
Maruti Suzuki India Ltd(6.72%), FSN E-Commerce Ventures Ltd(4.37%), ICICI Bank Ltd(3.99%), Bajaj Finserv Ltd(3.65%), SBI Cards and Payment Services Ltd Ordinary Shares(3.28%) as on January 2025
Consumer Cyclical(23.75%), Financial Services(22.79%), Basic Materials(13.72%) as on January 2025
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 | 6.98 | 4.72 | 3.02 |
As on January 2025
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 | 0.83 | 0.83 | 0.96 |
As on January 2025
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 | 0.9 | 1.06 | 0.91 |
As on January 2025
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 | 11.93 | 12.59 | 20.03 |
As on January 2025
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 1.91 as on January 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.76 as on January 2025. 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%