ICICI Prudential Multicap Fund Direct Growth
Equity
Direct
Multi-Cap
About the Fund
ICICI Prudential Multicap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Sankaran Naren. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Multicap Fund Direct Growth has ₹13025 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
- The fund has an expense ratio 1.
Returns
ICICI Prudential Multicap Fund Direct Growth has given a CAGR return of 18.33% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 47.35%, 23.89% and 23.25% respectively.
Holdings
ICICI Prudential Multicap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Energy, Basic Materials, Communication, Consumer Defensive, Tech, Utilities, Real Estate, Corporate. Its top holdings are ICICI Bank Ltd, Sun Pharmaceuticals Industries Ltd, Infosys Ltd, Reliance Industries Ltd, HDFC Bank Ltd
Taxation
As it is a multi-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.
Investment objective of ICICI Prudential Multicap Fund Direct Growth
To generate capital appreciation through investments in equity & equity related instrument across large cap, mid cap and small cap stocks of various industries. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. ICICI Prudential Multicap Fund Direct Growth has no lock in period.
Fund Performance
3253 people have invested ₹ 3.8Cr in ICICI Prudential Multicap Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
5
/6
29% Performance
49% Risk Management
16% Cost
5 out of 6 among multi-cap
Larger AUM within category
Beats FD returns for both 3Y & 5Y
5Y returns in the bottom 25% of the category
Fund Overview
| Expense ratio | 0.95% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹13025 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 65.03% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
Large cap
39.5%
Small cap
25.1%
Mid cap
24.3%
Sector Allocation
Financial Services
21.7%
Consumer Cyclical
13.6%
Industrial
12.5%
Health
11.5%
Energy
7.9%
Basic Materials
7.1%
Communication
7%
Consumer Defensive
6.7%
Tech
6.7%
Utilities
3.7%
Real Estate
1.6%
All changes are between Apr'24 and Jun'24
as on (30-Jun-24)
See all
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Infosys Ltd | 20.3% |
 Affle India Ltd | 4.9% |
 ICICI Bank Ltd | 4.8% |
Sankaran Naren
Fund Manager of ICICI Prudential Multicap Fund Direct Growth, since 1 July 2022
Top funds managed
Mutual Fund Insights
In the last 3 years, Nippon India Multi Cap Fund - Direct Plan - Growth has given 32.18% return, outperforming this fund by 8.29% per annum.
In the last 1 year, HSBC Multi Cap Fund Direct Growth has given 59.38% return, outperforming this fund by 12.03%.
In the last 5 years, Quant Active Fund Growth Option Direct Plan has given 33.88% return, outperforming this fund by 10.63% per annum.
Over the last 1 month, this fund has increased expense ratio by 8.0% moving from 0.88 to 0.95.
Over the last 6 months, this fund has experienced a 26.0% growth in AUM moving from 10.34K Cr to 13.02K Cr.
This fund expense ratio is slightly on the lower side within the category (multi-cap). Its expense ratio is 0.95% which is lower than the category average expense ratio of 1.21%.
ICICI Prudential Multicap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 18.33% since inception which is more than its category average return of 17.96%
Fund Allocations
This fund has an allocation of 89.7% in Equity, 0% in Debt and 10.3% in Cash related instruments
AUM size ₹13025 Cr
This fund has AUM of ₹13025 Cr which is more than its category average of ₹ 3603 Cr
Expense Ratio 0.95%
This fund has an expense ratio of 0.95% which is less than its category average expense ratio of 1.23%
Frequently Asked Questions
The current NAV of ICICI Prudential Multicap Fund Direct Growth is ₹861.48 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
ICICI Prudential Multicap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.37% | 4.37% |
6 Month Returns | 21.82% | 21.82% |
1 Year Returns | 47.35% | 47.35% |
3 Years Returns | 90.16% | 23.89% |
5 Years Returns | 184.37% | 23.25% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.95% as on June 2024
₹13025 Cr as on June 2024
ICICI Bank Ltd(5.53%), Sun Pharmaceuticals Industries Ltd(3.99%), Infosys Ltd(3.32%), Reliance Industries Ltd(3.1%), HDFC Bank Ltd(2.63%) as on June 2024
Financial Services(19.47%), Consumer Cyclical(12.2%), Industrial(11.19%) as on June 2024
The alpha ratio for the ICICI Prudential Multicap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Multicap Fund Direct Growth | 3.86 | 3.55 | -0.38 |
As on June 2024
The alpha for ICICI Prudential Multicap Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the ICICI Prudential Multicap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Multicap Fund Direct Growth | 0.88 | 0.85 | 0.94 |
As on June 2024
The Beta for ICICI Prudential Multicap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the ICICI Prudential Multicap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Multicap Fund Direct Growth | 2.94 | 1.41 | 0.83 |
As on June 2024
The sharpe ratio for ICICI Prudential Multicap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the ICICI Prudential Multicap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Multicap Fund Direct Growth | 10.94 | 12.28 | 19.78 |
As on June 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.89 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.42 as on June 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Sankaran Naren is the fund manager of ICICI Prudential Multicap Fund Direct Growth
The Exit load of ICICI Prudential Multicap Fund Direct Growth is 1%