ICICI Prudential MidCap Fund Growth - Latest NAV, Returns, Performance & Portfolio

ICICI Prudential MidCap Fund Growth

  • highlight7.96%
  • highlight(+4.47)91.54

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Min amount: 1000

Calculate Returns

Rs. 0 invested monthly becomes Rs. 0 in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years13.45%
5 Years7.96%
3 Years5.56%
1 Year-4.49%
6 Months-3.48%
Fund Details
ISININF109K01AN2
RiskModerately High risk
Fund TypeMid-Cap
NAV91.54
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Indian Hotels Co Ltd5.43%
Tata Chemicals Ltd4.68%
PI Industries Ltd4.12%
Nifty 50 Index4%
LIC Housing Finance Ltd3.92%
Exide Industries Ltd3.85%
Muthoot Finance Ltd3.6%
Voltas Ltd3.38%
Fortis Healthcare Ltd2.88%
Mahindra & Mahindra Financial Services Ltd2.7%

About ICICI Prudential Midcap Fund

The ICICI Prudential Midcap Fund is an open-ended midcap (equity) fund. It seeks to generate capital appreciation by active investments in diversified midcap stocks.

Pros & Cons of ICICI Prudential Midcap Fund

ICICI Prudential NV20 ETF offers the following benefits: 1. The scheme follows an investment philosophy of applying a bottom-up approach while picking stocks from the mid cap segment. 2. It focuses on companies which have the potential of providing capital appreciation in the long-term. 3. As on September 30, 2018, the scheme is ranked 3 in the Midcap Fund category by CRISIL. Further, it has generated 20.42 percent per year returns over the last 10 years (as on December 31, 2018).

Fund Information and Statistics of ICICI Prudential Midcap Fund

i) Inception / Launch date

The scheme was launched on 28 October 2004 by ICICI Prudential Mutual Fund.

ii) Risk level

The scheme is suitable for investors seeking long-term wealth creation and invests in diversified midcap companies. It has a moderately-high risk level.

iii) Redemption

The minimum amount for the redemption of units is Rs. 500 or all units where the amount is below Rs.500. Further, the Mutual Fund will dispatch the redemption proceeds within 10 business days of the receipt of a valid redemption request at the official points of acceptance of CAMS or branches of the AMC.

iv) Fund Manager

Mr. Mrinal Singh (since May 2011) and Mr. Mittul Kalawadia (since April 2016) are the Fund Managers of ICICI Prudential Midcap Fund.

v) Entry / Exit load

There is no entry load in this scheme. The exit load structure is as follows: 1. If the units are redeemed one year after being allotted or switched in, then the exit load is Zero. 2. If the units are redeemed within one year of being allotted or switched in, then the exit load is 1% of the NAV.

Tax benefits of investing in ICICI Prudential Midcap Fund

The following taxes are applicable to income arising from investing in this scheme: 1. STCG tax (units are held for a period of less than 12 months) of 15 percent on redemption of units. 2. Long term capital gains, in excess of Rs 1 lakh, (units are held for a period of more than 12 months) component is taxed at 10 percent without indexation benefits on the redemption of units.

About ICICI Mutual Fund

ICICI Prudential Balanced Advantage Fund is managed by ICICI Mutual Fund AMC, one of India’s largest Fund houses with a proven track record of delivering returns. The fund has been on the forefront of financial innovation leading to a well-diversified portfolio of around 47 mutual fund products, across equity and debt.

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Frequently Asked Questions

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Start your investment

Min amount: 1000

Calculate Returns

Rs. 0 invested monthly becomes Rs. 0 in a period of 20 years
Need help?
Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns