Equity
Direct
Mid-Cap
NAV as on 31-10-2024
₹ 315.39
Inception Returns
20.7%
/yr
ICICI Prudential MidCap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Lalit Kumar. The fund could potentially beat inflation in the long-run.
ICICI Prudential MidCap Fund Direct Growth has given a CAGR return of 20.68% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 52.95%, 21.39% and 25.57% respectively.
ICICI Prudential MidCap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Basic Materials, Industrial, Real Estate, Financial Services, Communication, Consumer Cyclical, Health, Utilities, Tech, Energy. Its top holdings are Info Edge (India) Ltd, Jindal Stainless Ltd, Jindal Steel & Power Ltd, Phoenix Mills Ltd, Godrej Properties Ltd
As it is a mid-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
The primary objective of the Scheme is to seek to generate capital appreciation by actively investing in diversified mid cap stocks. 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 MidCap Fund Direct Growth has no lock in period.
Expense ratio | 1.04% |
Benchmark | S&P BSE Midcap TR INR |
AUM | ₹6778 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | --/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 74.37% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (31-Oct-24)
as on (30-Sep-24)
Top 3 Sectors in September were Basic Materials, Industrial & Real Estate
ICICI Prudential MidCap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -6.33% | -6.33% |
6 Month Returns | 12.04% | 12.04% |
1 Year Returns | 52.95% | 52.95% |
3 Years Returns | 78.85% | 21.39% |
5 Years Returns | 212.21% | 25.57% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential MidCap Fund Direct Growth | 5.82 | -0.48 | -1.75 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential MidCap Fund Direct Growth | 1.01 | 0.93 | 0.98 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential MidCap Fund Direct Growth | 2.28 | 0.96 | 0.93 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential MidCap Fund Direct Growth | 16.52 | 15.42 | 21.86 |