ICICI Prudential Large & Mid Cap Fund Direct Growth

ICICI Prudential Large & Mid Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Ihab Dalwai. The fund could potentially beat inflation in the long-run.

1. ICICI Prudential Large & Mid Cap Fund Direct Growth has ₹20352 Cr worth of assets under management (AUM) as on Apr 2025 and is more than category average.
2. The fund has an expense ratio 0.8.
   

ICICI Prudential Large & Mid Cap Fund Direct Growth has given a CAGR return of 17.15% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 14.73%, 24.47% and 30.38% respectively.

ICICI Prudential Large & Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Basic Materials, Industrial, Consumer Defensive, Government, Health, Tech, Energy, Communication, Utilities, Real Estate. Its top holdings are Maruti Suzuki India Ltd, FSN E-Commerce Ventures Ltd, Larsen & Toubro Ltd, ICICI Bank Ltd, SBI Cards and Payment Services Ltd Ordinary Shares

As it is a large & 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 benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

To generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of large-cap and mid-cap companies. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. ICICI Prudential Large & Mid Cap Fund Direct Growth has no lock in period.