ICICI Prudential Large & Mid Cap Fund Direct Plan Growth
Min amount: ₹1,000
- Fund Summary
- More about Fund
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- Why Cleartax
|Risk||Very High Risk|
|Fund Type||Large & Mid-Cap|
|Exit Load||1% for 31 Days|
More about this fund
|Bharti Airtel Ltd||9.3%|
|ICICI Bank Ltd||4.69%|
|Hindalco Industries Ltd Shs Dematerialised||3.68%|
|Sun Pharmaceuticals Industries Ltd||3.53%|
|Max Financial Services Ltd||3.32%|
|Cholamandalam Financial Holdings Ltd||2.96%|
|The Federal Bank Ltd||2.18%|
About ICICI Prudential Large & Mid Cap Fund
ICICI Prudential Large & Mid Cap Fund, an open-ended equity scheme, aims to generate long-term capital growth scheme that predominantly invests in equity and equity-related securities of large-cap and mid-cap companies. Experts suggest that the scheme is the right choice for conservative investors expecting high returns with medium-term goals, such as wealth creation through SIPs.
Pros and Cons of ICICI Prudential Large & Mid Cap Fund
The exit load is applicable only if you redeem/switch out the fund units within the first month after allotment. Though the fund aims to generate long-term capital appreciation, the fund does not assure that the investment objective will be achieved. The one-year, three-year, and five-year returns are lower than the category average returns. In addition, the risk-adjusted returns of the fund scheme is lower than the other schemes in the category.
Fund Information and Statistics
i) Inception/Launch Date
ICICI Prudential Large & Mid Cap Fund was launched on 9 July 1998.
ii) Risk Level
ICICI Prudential Large & Mid Cap Fund comes with a moderately high-risk profile as the scheme allocates funds primarily in equity schemes of both large- and mid-cap stocks.
Since there is no lock-in period on the fund, you are free to redeem the fund units at any time after the purchase. However, exit load may be charged if you redeem within the specified time period.
iv) Fund Manager
Mr Prakash Gaurav Goel and Mr Sankaran Naren are the current Fund Managers of ICICI Prudential Large & Mid Cap Fund. Ms Priyanka Khandelwal is the Overseas Investment Manager for the scheme.
v) Entry/Exit Load
Entry load is not chargeable upon the purchase of fund units. However, an exit load of 1% is charged in case you redeem/switch out within one month from the date of allotment. After completing one month, no exit load will be charged.
About ICICI Prudential Mutual Fund
ICICI Prudential Mutual Fund was established on 22 June 1993. The asset management company registered itself with Securities and Exchange Board of India (SEBI) on 13 October 1993. As on 30 June 2020, the fund house offers about 201 different folios to its customers with average assets under management equal to Rs.3,26,178.07 crore.
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Min amount: ₹1,000
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