ICICI Prudential Large & Mid Cap Fund Direct Plan Growth
Equity
Direct
Large & Mid-Cap
NAV: ₹ 961.25 as on 16-05-2024
About the Fund
ICICI Prudential Large & Mid Cap Fund Direct Plan 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 Plan Growth has ₹13117 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
- The fund has an expense ratio 0.8.
Fund Performance
6150 people have invested ₹ 6.9Cr in ICICI Prudential Large & Mid Cap Fund Direct Plan Growth in the last three months
Overview
 | 0.75% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹13117 Cr |
 | 1 January, 2013 |
 | ₹5000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 57.66% |
ICICI Prudential Large & Mid Cap Fund Direct Plan Growth Distribution as on (30-Apr-24)
Size breakup
Large cap
53.3%
Mid cap
38%
Small cap
5.3%
Sector Allocation
Financial Services
26.1%
Consumer Cyclical
14.9%
Industrial
9.9%
Health
9.3%
Basic Materials
8.1%
Energy
7.9%
Consumer Defensive
6.8%
Utilities
6.4%
Tech
4.6%
Communication
3.8%
Real Estate
2%
Top Holdings of ICICI Prudential Large & Mid Cap Fund Direct Plan Growth as on (30-Apr-24)
Equity Holdings90
Debt Holdings5
Gainers & Losers Returns for the month of Apr
Top Growth Drivers | 1M Return |
|---|---|
 Interglobe Aviation Ltd | 15.3% |
 ICICI Bank Ltd | 3.9% |
 United Breweries Ltd | 3.6% |
Monthly Changes Updates
All changes are between Feb'24 and Apr'24
Fund Performance
- This fund’s returns stands at 3.89% whereas the fund’s underlying benchmark NIFTY 500 returns stands at 2.46% as on Apr'24
- This fund outperformed NIFTY 500 by 1.43% in Apr'24
AUM Change
- AUM of the fund stands at 13.1K Cr as of Apr'24
- AUM increased by 810.2 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 48.3% growth in AUM moving from 8.84K Cr to 13.11K Cr.
This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.75% which is lower than the category average expense ratio of 1.22%.
In the last 3 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 30.3% return, outperforming this fund by 2.76% per annum.
In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 29.46% return, outperforming this fund by 6.01% per annum.
In the last 1 year, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 65.62% return, outperforming this fund by 20.89%.
Over the last 6 months, this fund has decreased expense ratio by 20.2% moving from 0.94 to 0.75.
INDmoney Rank
Powered by IND quant engine
5
/21
75% Performance
52% Risk Management
61% Cost
5 out of 21 among large & mid-cap
Pros
Lower probablity of downside risk
Protects capital during bear phase
5Y returns in the top 25% of the category
Cons
No bad points found for this fund.
Peer Analysis
Fund Manager
Ihab Dalwai
Fund Manager of ICICI Prudential Large & Mid Cap Fund Direct Plan Growth, since 1 June 2022
Top funds managed
ICICI Prudential Large & Mid Cap Fund Direct Plan 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 17.34% since inception which is more than its category average return of 16.13%
Fund Allocations
This fund has an allocation of 96.53% in Equity, 0% in Debt and 3.47% in Cash related instruments
AUM size ₹13117 Cr
This fund has AUM of ₹13117 Cr which is more than its category average of ₹ 6434 Cr
Expense Ratio 0.75%
This fund has an expense ratio of 0.75% 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 Plan Growth is ₹961.25 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
ICICI Prudential Large & Mid Cap Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.19% | 1.19% |
6 Month Returns | 25.63% | 25.63% |
1 Year Returns | 44.73% | 44.73% |
3 Years Returns | 107.45% | 27.54% |
5 Years Returns | 186.7% | 23.45% |
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0.75% as on April 2024
₹13117 Cr as on April 2024
ICICI Bank Ltd(6.62%), Maruti Suzuki India Ltd(4.22%), HDFC Bank Ltd(4.18%), NTPC Ltd(3.06%), SBI Cards and Payment Services Ltd Ordinary Shares(2.95%) as on April 2024
Financial Services(25.2%), Consumer Cyclical(14.41%), Industrial(9.58%) as on April 2024
The alpha ratio for the ICICI Prudential Large & Mid Cap Fund Direct Plan 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 Plan Growth | 6.57 | 6.94 | 2 |
As on April 2024
The alpha for ICICI Prudential Large & Mid Cap Fund Direct Plan 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 Plan 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 Plan Growth | 0.85 | 0.85 | 0.97 |
As on April 2024
The Beta for ICICI Prudential Large & Mid Cap Fund Direct Plan 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 Plan 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 Plan Growth | 3.39 | 1.7 | 0.88 |
As on April 2024
The sharpe ratio for ICICI Prudential Large & Mid Cap Fund Direct Plan 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 Plan 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 Plan Growth | 9.91 | 12.36 | 19.92 |
As on April 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 3.54 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.06 as on April 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 Plan Growth
The Exit load of ICICI Prudential Large & Mid Cap Fund Direct Plan Growth is 1%