VR Logo

3 star

ICICI Prudential Midcap Fund - Direct Plan


Equity: Mid Cap

1 Lakh

Investment Grown to
₹ 1.67 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.97 Lakh

Suitability:

When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.

This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other mid-cap fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 41.36 -1.14 1.04 4.32 10.46 25.37 68.08 18.74 16.54 15.60 --
S&P BSE 150 MidCap TRI 45.99 -1.27 1.73 6.46 12.06 27.71 71.45 19.32 18.27 18.59 --
Equity: Mid Cap 42.64 -1.17 1.24 6.27 13.13 27.38 67.57 20.75 17.29 17.59 --
Rank within category 17 11 18 27 26 19 15 14 13 18 --
Number of funds in category 27 30 30 30 30 29 27 22 19 19 0

As on 17-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Midcap Fund - Direct Plan  | Invest Now
3 star
Jan-13 68.08 18.74 16.54 1.23 3,011
Kotak Emerging Equity Fund - Direct Plan  | Invest Online
4 star
Jan-13 71.02 23.64 19.30 0.57 15,709
Axis Midcap Fund - Direct Plan
5 star
Jan-13 65.32 25.71 22.86 0.49 14,804
DSP Midcap Fund - Direct Plan  | Invest Online
4 star
Jan-13 50.21 20.53 17.08 0.86 13,774
Nippon India Growth Fund - Direct Plan  | Invest Online
4 star
Jan-13 72.18 23.09 18.62 1.20 11,322

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 9.79 15-May-2014 - 22-May-2014 -19.47 16-Mar-2020 - 23-Mar-2020
Month 25.76 07-May-2014 - 06-Jun-2014 -37.81 20-Feb-2020 - 23-Mar-2020
Quarter 41.47 13-Mar-2014 - 12-Jun-2014 -35.50 03-Jan-2020 - 03-Apr-2020
Year 126.88 06-Sep-2013 - 08-Sep-2014 -35.62 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 19.32 26.17 0.58 0.64 0.95 1.04
S&P BSE 150 MidCap TRI 18.95 26.72 0.56 0.56 -- --
Equity: Mid Cap 19.82 24.32 0.65 0.69 0.89 2.57
Rank within category 13 22 15 15 21 15
Number of funds in category 23 23 23 23 23 23

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Aug-2021

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 59
Top 10 Stocks (%) 33.27
Top 5 Stocks (%) 18.90
Top 3 Sectors (%) 45.52
Portfolio P/B Ratio 3.14
Portfolio P/E Ratio 25.12

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 20,824 28,737
Giant (%) 1.22 4.79
Large (%) 9.78 13.56
Mid (%) 77.78 76.29
Small (%) 11.22 7.74
Tiny (%) -- 0.20

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Max Financial Services Financial 118.35 5.93 0.77 5.45
equal Computer Age Management Services Financial 77.06 3.74 0.00 3.74
down The Indian Hotels Company Services -- 5.98 3.30 3.30
up The Federal Bank Financial 10.86 4.16 2.07 3.26
down Persistent Systems Technology 52.84 3.17 0.00 3.16
equal Phoenix Mills Construction 212.48 3.11 0.00 3.09
up Alkem Laboratories Healthcare 28.10 2.88 0.00 2.88
equal Tata Communications Communication 30.97 2.92 0.00 2.86
equal Fortis Healthcare Healthcare -- 4.26 2.02 2.85
down Mphasis Technology 46.68 2.68 0.00 2.68
equal Zydus Wellness FMCG 95.28 2.71 0.00 2.61
up Minda Industries Automobile 59.14 2.59 0.00 2.59
up TVS Motor Company Automobile 34.04 2.84 0.00 2.46
equal JK Cement Construction 30.79 2.79 0.96 2.44
up Ashok Leyland Automobile -- 2.66 0.00 2.37
equal G R Infraprojects Construction 15.96 2.50 0.00 2.28
equal Camlin Fine Sciences Chemicals 44.61 2.62 0.92 2.25
down Cummins India Engineering 33.67 2.47 1.45 2.16
up City Union Bank Financial 18.54 2.80 0.00 2.07
down Voltas Consumer Durable 73.33 4.02 0.61 1.98
equal Cholamandalam Financial Holdings Financial 18.51 2.23 0.00 1.94
equal AIA Engineering Metals 34.97 3.21 1.77 1.78
up Bharat Forge Automobile 231.44 1.76 0.00 1.76
equal Muthoot Finance Financial 15.46 4.38 1.58 1.76
equal LIC Housing Fin. Financial 11.22 3.92 0.00 1.73

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Aug-2021

Fund Manager

— Prakash Gaurav Goel since 02-May-2020

Education: Mr. Goel is Chartered Accountant & Bachelor of Commerce

Experience: Prior to joining ICICI Prudential Mutual fund, he has worked with IREVNA Research & Hindustan Unilever.

Funds Managed:


-1.14%

Change from previous, NAV as on 17-Sep-2021

Growth: ₹ 171.5400

IDCW: ₹ 42.5400


Investment Strategy

This scheme aims to generate long term capital appreciation by investing in diversified midcap stocks portfolio. It will predominantly invest in companies with market capitalization falling between the lowest and the highest market capitalisation among the constituents of Nifty Midcap 100 Index.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 100
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 20.22%
Benchmark: NIFTY Midcap 150 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 3,011 Cr (As on 31-Aug-2021)
Expense: 1.23% (As on 31-Aug-2021)
Risk Grade: Above Average
Return Grade: Average
Turnover: 82.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW12-Nov-20201.7000

 13-Nov-20191.9922
 26-Nov-20180.8854
 16-Mar-20181.3500
 17-Nov-20173.6500
 06-Jan-20171.9500
 15-Jan-20162.2500
 21-Jan-20141.3100
 18-Jan-20132.0000

Contact Information

AMC: ICICI Prudential Asset Management Company Ltd

Address: One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai - 400051

Phone: 022-26525000 / 1800-222-999 / 1800-200-6666

Fax: 022-26528100

Email: [email protected]

Website: http://www.icicipruamc.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Upcoming Video

Viewpoint

The Case for ESG Investing

DateThursday, 30-Sep-2021
Time04:00 PM - 04:30 PM