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ICICI Prudential Mutual Fund

ICICI Prudential Mid Cap Fund

ICICI Prudential Mutual Fund · Direct plan · Growth

3-year returns
21.5%
a year
NAV
₹387.28
▲ 2.2% · 18 Sept 2026
Fund size
₹8,403 Cr
Expense ratio
1.13%
a year
Minimum SIP
₹100

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹342.46 and has returned 20.51% a year over 3 years.

Returns, and where it stands

Against the average mid cap fund, and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year13.5%7%ahead2 of 30
3 years21.5%17%ahead4 of 28
5 years17.7%15.4%ahead6 of 21
10 years17.1%16.2%ahead7 of 16
Every period, and the Regular plan →
PeriodDirectRegular
1 month-1.4%-1.5%
3 months0.1%-0.1%
6 months12%11.6%
1 year13.5%12.6%
2 yearsp.a.8.2%7.3%
3 yearsp.a.21.5%20.5%
5 yearsp.a.17.7%16.7%
7 yearsp.a.22.5%21.4%
10 yearsp.a.17.1%16%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Sept 2016.

Plan

NAV history

▲ 13.53% in the last 1Y

324.6361.5398.318 Sept 202520 Mar 202618 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years
Total invested
₹1,80,000
Gain
₹47,388
XIRR (per year)
15.83%
Value today
₹2,27,388

36 monthly instalments from 22 Sept 2023, valued at the latest NAV. Past returns do not guarantee future returns.

What this fund holds

As on 31 July 2026

  • Equity97.9%
  • Cash2.06%

Top holdings

The ten largest holdings and their share of the fund
Apar Industries LtdElectrical Equipment4.94%
Hindustan Petroleum Corporation LtdPetroleum Products4.77%
BSE LtdCapital Markets4.64%
Multi Commodity Exchange Of India LtdCapital Markets4.33%
Jindal Steel LtdFerrous Metals3.86%
APL Apollo Tubes LtdIndustrial Products3.29%
Bharat Forge LtdAuto Components3.25%
Muthoot Finance LtdFinance3.23%
Prestige Estates Projects LtdRealty2.88%
Jindal Stainless LtdFerrous Metals2.87%

and 65 more holdings.

Where the equity sits

  • Capital Markets13%
  • Industrial Products12.2%
  • Auto Components10.1%
  • Electrical Equipment8.92%
  • Ferrous Metals8.03%
  • Chemicals & Petrochemicals6.01%
  • Realty5.88%
  • Petroleum Products4.77%

and 19 more sectors.

From the monthly portfolio ICICI Prudential Mutual Fund publishes for this scheme, as required by SEBI. Cash covers bank balances, treasury bills lent overnight and money due to the scheme, which carry no ISIN and so are shown as the remainder.Original disclosure

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
17.7% a year
1.5% more than the category average — the bumpier side
Worst fall so far
−44%
Jan 2018 to Mar 2020, against −28.9% for the category.
Years that made money
83.2%
Of every one-year stretch it has been through.
Over any three years
-9.9% to 39%
A year, at worst and at best. Typically 18.7%.

Fund details

Minimum top-up
₹1,000
Lock-in
None
Plan started
1 Jan 2013
Portfolio turnover
0.18x
Expense ratio
1.13%
as of 31 Jul 2026

Managed by Lalit Kumar, Sharmila D'Silva

Direct plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

ICICI Prudential Mid Cap Fund against other funds in the Mid Cap Fund category
Fund1Y3Y5YExpenseFund size
HSBC Midcap Fund18.65%24.22%1.22%₹17,188 Cr
Invesco India Mid Cap Fund8%23.43%19.69%0.48%₹15,905 Cr
WhiteOak Capital Mid Cap Fund12.98%22.05%0.95%₹7,485 Cr
ICICI Prudential Mid Cap Fund13.53%21.49%17.69%1.13%₹8,403 Cr
Edelweiss Mid Cap Fund6.45%20.95%18.54%0.71%₹19,891 Cr
ITI Mid Cap Fund10.35%20.16%16.69%0.97%₹1,539 Cr
JM Mid Cap Fund9.28%19.43%0.86%₹1,360 Cr

About ICICI Prudential Mid Cap Fund

ICICI Prudential Mid Cap Fund is a mid cap fund managed by ICICI Prudential Mutual Fund. Invest at least 65% in mid-sized companies (ranked 101–250 by market value). Higher growth potential than large caps, with bigger swings.

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.

The scheme's stated objective, as published by ICICI Prudential Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth₹387.28120381
DirectIDCW₹71.74120380
RegularGrowth₹342.46102528
RegularIDCW₹44.38102529

Frequently asked questions

What is the NAV of ICICI Prudential Mid Cap Fund today?

The NAV of ICICI Prudential Mid Cap Fund (Direct plan, Growth) is ₹387.28 and the Regular plan NAV is ₹342.46, as of 18 Sept 2026.

What returns has ICICI Prudential Mid Cap Fund given?

Over the last year the Direct plan returned 13.53%, and 21.49% a year over 3 years and 17.69% a year over 5 years. That places it 4 of 28 funds in its category over 3 years. Past returns do not guarantee future returns.

What is the expense ratio of ICICI Prudential Mid Cap Fund?

The Direct plan charges 1.13% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

What is the minimum SIP amount in ICICI Prudential Mid Cap Fund?

You can start a monthly SIP with ₹100.

How much has ICICI Prudential Mid Cap Fund fallen in the past?

Its deepest fall was 44% from 8 Jan 2018 to 23 Mar 2020. Of every one-year stretch in its history, 83% ended in a gain.

What does ICICI Prudential Mid Cap Fund invest in?

As on 31 Jul 2026 it held 75 positions, the largest being Apar Industries Ltd (4.9%), Hindustan Petroleum Corporation Ltd (4.8%), BSE Ltd (4.6%). Its biggest sector was capital markets at 13% of the fund. Portfolios change every month.

Which category does ICICI Prudential Mid Cap Fund belong to?

It is a Mid Cap Fund from ICICI Prudential Mutual Fund. Invest at least 65% in mid-sized companies (ranked 101–250 by market value). Higher growth potential than large caps, with bigger swings.

What is the difference between the Direct and Regular plan?

Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.

How are gains from ICICI Prudential Mid Cap Fund taxed?

Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.