ICICI Pru Midcap Fund(G)-Direct Plan

View the regular plan of this scheme

Rs 327.14   3.47(1.072 %) NAV as on 10 Sep 2024
Prime Rating: 2.5 
Prime Recommendation: Upgrade to see

Fund type:
Equity
AUM (in crores):
₹ 6,624.63
Fund category:
Mid Cap Fund
Fund manager(s):
Lalit Kumar
Benchmark:
Nifty Midcap 150 - TRI
Minimum investment:
₹ 5000
Launch date:
01 Jan 2013
Min. additional investment:
₹ 1000
Expense ratio:
1 %
Exit load:
1% on or before 1Y, Nil after 1Y

Scheme Objective: The primary objective of the Scheme is to seek to generate capital appreciation by actively investing in diversified mid cap stocks.


Performance (As on 10 Sep 2024)

6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme22.59 % 50.38 % 24.39 %28.46 % 21.32 %
Nifty Midcap 15021.44 % 42.11 % 25.56 %30.51 % N/A

Portfolio

Top 10 stock holdings
Allocation (%)
Info Edge (India) Ltd.
3.93%
The Phoenix Mills Ltd.
3.48%
Jindal Stainless Ltd.
3.46%
Jindal Steel & Power Ltd.
3.19%
Godrej Properties Ltd.
2.93%
Prestige Estates Projects Ltd.
2.92%
Affle India Pvt. Ltd.
2.6%
Cummins India Ltd.
2.51%
AIA Engineering Ltd.
2.42%
Oberoi Realty Ltd.
2.41%

About this category

Mid-cap funds invest in stocks from the 101st to the 250th in terms of market capitalisation. As they invest in stocks of smaller companies, they tend to be volatile but can deliver very strong returns during market uptrends. The Nifty Midcap 100, Nifty Midcap 150 or the BSE Midcap can be used as benchmarks to measure performance.

Suitability

Midcap funds suit investors with moderate to high risk appetites. The minimum period for which these funds need to be held is 5 years. Higher risk investors with longer timeframes can allocate more to these funds.

Taxation
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