ICICI Prudential MidCap Fund Direct Growth
Equity
Direct
Mid-Cap
NAV as on 28-02-2025
₹ 269.35
1D
Inception Returns
18.5%
/yr
About ICICI Prudential MidCap Fund Direct Growth
ICICI Prudential MidCap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Lalit Kumar. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential MidCap Fund Direct Growth has ₹5975 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 1.2.
Returns
ICICI Prudential MidCap Fund Direct Growth has given a CAGR return of 18.52% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 2.06%, 18.07% and 22.58% respectively.
Holdings
ICICI Prudential MidCap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Basic Materials, Industrial, Financial Services, Communication, Consumer Cyclical, Real Estate, Health, Tech, Utilities, Consumer Defensive. Its top holdings are Info Edge (India) Ltd, Muthoot Finance Ltd, Jindal Stainless Ltd, Phoenix Mills Ltd, UPL Ltd
Taxation
As it is a 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 MidCap Fund Direct Growth
The primary objective of the Scheme is to seek to generate capital appreciation by actively investing in diversified mid cap stocks. 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 MidCap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Absolute
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1542 people have invested ₹ 51.3L in ICICI Prudential MidCap Fund Direct Growth in the last three months
INDmoney Rank for ICICI Prudential MidCap Fund Direct Growth
Powered by IND quant engine
15
/19
46% Performance
30% Risk Management
28% Cost
15 out of 19 among mid-cap
Beats FD returns for both 3Y & 5Y
Highly volatile within category
ICICI Prudential MidCap Fund Direct Growth Overview
| Expense ratio | 1.16% |
Benchmark | S&P BSE Midcap TR INR |
| AUM | ₹5975 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | --/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 74.37% |
| 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 (28-Feb-25)
Fund Distribution
as on (31-Jan-25)
Mid cap
66.2%
Large cap
16.6%
Small cap
16.5%
Sector Allocation
Basic Materials
29.4%
Industrial
20.1%
Financial Services
14.6%
Communication
12.1%
Consumer Cyclical
10.6%
Real Estate
8.5%
Health
2.5%
Tech
1.8%
Utilities
0.2%
Consumer Defensive
0.1%
All changes are between Nov'24 and Jan'25
- AUM of the fund stands at 6.3K Cr as of Jan'25
- AUM has remained same between Jan'25 and Dec'24
Top Stocks bought last month
PB Fintech Ltd's allocation increased from 0.57% to 2.84%
360 One Wam Ltd Ordinary Shares's allocation increased from 0.17% to 1.28%
UPL Ltd's allocation increased from 2.08% to 3.17%
Top Stocks sold last month
Info Edge (India) Ltd's allocation decreased from 5.1 % to 4.82 %
Jindal Stainless Ltd's allocation decreased from 3.37 % to 3.34 %
Jindal Steel & Power Ltd's allocation decreased from 3.2 % to 3.02 %
Mid Cap allocation has gone down from 68.3% to 60.3%
Large Cap allocation has gone up from 15.7% to 21.4%
Small Cap allocation has gone up from 14.5% to 16.8%
Cash allocation has gone down from 1.1% to 0.7%
Top 3 Sectors in January were Basic Materials, Industrial & Communication
Jan'25
Basic Materials
29%
Industrial
20%
Financial Services
15%
Dec'24
Basic Materials
29%
Industrial
21%
Communication
14%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Info Edge (India) Ltd | 4.82% | 0% | |
 Muthoot Finance Ltd | 3.58% | 0% | |
 Jindal Stainless Ltd | 3.34% | 0% | |
 Phoenix Mills Ltd | 3.18% | 0% | |
 UPL Ltd | 3.17% | 19% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Hindalco Industries Ltd | 10.5% |
 Jindal Steel & Power Ltd | 6% |
 UPL Ltd | 0.4% |
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Lalit Kumar
Fund Manager of ICICI Prudential MidCap Fund Direct Growth, since 1 July 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 1 year, Motilal Oswal Midcap Direct Growth has given 16.85% return, outperforming this fund by 14.79%.
Over the last 3 months, this fund has increased expense ratio by 14.9% moving from 1.01 to 1.16.
Over the last 6 months, this fund has experienced a 10.6% drop in AUM moving from 6.68K Cr to 5.97K Cr.
In the last 3 years, Motilal Oswal Midcap Direct Growth has given 28.46% return, outperforming this fund by 10.39% per annum.
In the last 5 years, Quant Mid Cap Fund Growth Option Direct Plan has given 30.34% return, outperforming this fund by 7.76% per annum.
ICICI Prudential MidCap 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 18.52% since inception which is more than its category average return of 18.08%
Fund Allocations
This fund has an allocation of 99.3% in Equity, 0% in Debt and 0.7% in Cash related instruments
AUM size ₹5975 Cr
This fund has AUM of ₹5975 Cr which is less than its category average of ₹ 11898 Cr
Expense Ratio 1.16%
This fund has an expense ratio of 1.16% which is less than its category average expense ratio of 1.2%
Frequently Asked Questions for ICICI Prudential MidCap Fund Direct Growth
The current NAV of ICICI Prudential MidCap Fund Direct Growth is ₹269.35 as on 28-Feb-2025.
Existing (Absolute + CAGR) as on 28-Feb-2025.
ICICI Prudential MidCap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -9.84% | -9.84% |
6 Month Returns | -17.76% | -17.76% |
1 Year Returns | 2.06% | 2.06% |
3 Years Returns | 64.61% | 18.07% |
5 Years Returns | 176.74% | 22.58% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
1.16% as on February 2025
₹5975 Cr as on February 2025
Info Edge (India) Ltd(4.82%), Muthoot Finance Ltd(3.58%), Jindal Stainless Ltd(3.34%), Phoenix Mills Ltd(3.18%), UPL Ltd(3.17%) as on February 2025
Basic Materials(29.22%), Industrial(19.97%), Financial Services(14.53%) as on February 2025
The alpha ratio for the ICICI Prudential MidCap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential MidCap Fund Direct Growth | 1.6 | -0.24 | -0.64 |
As on February 2025
The alpha for ICICI Prudential MidCap Fund Direct Growth is calculated against S&P BSE Midcap 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 MidCap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential MidCap Fund Direct Growth | 0.95 | 0.92 | 0.97 |
As on February 2025
The Beta for ICICI Prudential MidCap Fund Direct Growth is calculated with S&P BSE Midcap 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 MidCap 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 MidCap Fund Direct Growth | -0.17 | 0.72 | 0.8 |
As on February 2025
The sharpe ratio for ICICI Prudential MidCap Fund Direct Growth is calculated with S&P BSE Midcap 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 MidCap 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 MidCap Fund Direct Growth | 18.37 | 16.36 | 22.37 |
As on February 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 1.19 as on February 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Lalit Kumar is the fund manager of ICICI Prudential MidCap Fund Direct Growth
The Exit load of ICICI Prudential MidCap Fund Direct Growth is 1%