3 Year return
22.58%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹6624.63 Cr.
Expense Ratio
1.01% (inclusive of GST)
Exit Load
1.00% - If units purchased or switched in from another Scheme of the Fund are redeemed or switched out within 1 year from the date of allotment. Nil - If units purchased or switched in from another Scheme of the Fund are redeemed or switched out after 1 year from the date of allotment.
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
ICICI Prudential Mutual Fund Managers
PG
Prakash Gaurav Goel
Fund Manager since May 2011
Fund House Details
ICICI Prudential Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Motilal Oswal Midcap Fund |
36.93% |
4.5 |
Quant Mid Cap Fund |
29.07% |
4 |
Edelweiss Mid Cap Fund |
27.2% |
3 |
Schemes by ICICI Prudential Mutual Fund
List of mutual fund schemes by AMC
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan Growth
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan IDCW Payout
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan IDCW Reinvestment
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan Annual IDCW Payout
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan Annual IDCW Reinvestment
About ICICI Prudential Midcap Fund Direct Plan-Growth
The ICICI Prudential Midcap Fund Direct Plan-Growth is an open-ended equity mutual fund by the ICICI Prudential Mutual Fund. The fund belongs to the mid-cap category of mutual funds and aims to give investors long-term capital appreciation by investing largely in stocks of mid-cap (or medium-sized) companies. With the premise that mid-cap companies are in the midst of their growth periods, the fund aims at achieving potentially substantial returns for investors with the expectation of growth of mid-cap companies.
Investment Objective of the Scheme
The main investment objective of the ICICI Prudential Midcap Fund Direct Plan-Growth is to try for capital appreciation by investing in a focused collection of equity of mid-cap companies. To this end, the fund may concentrate its efforts on including those company stocks that may see growth in the long run. Such companies may show strong financials and good prospects for stock price appreciation. These may be companies that are touted to become the industry leaders of the future.
Key Features of The Fund
5-year return | 28.05% |
Expense Ratio | 1.01% |
Fund Manager | Prakash Gaurav Goel |
Fund Size | ₹6624.63 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
If you want to be a part of the growth of certain prospective mid-cap companies, you may consider the ICICI Prudential Midcap Fund Direct Plan-Growth scheme. If you don’t mind the wait for potentially high returns in the long run, this scheme may well appeal to you. Still, before you decide to invest in this scheme, you may want to review your own personal financial goals.
AMC Contact Details
Name | ICICI Prudential Mutual Fund |
Launch Date | June 1993 |
Addresss | One BKC 13th Floor, Bandra Kurla Complex, Bandra, Mumbai – 400 051 |
Contact | 18002006000 91 22 2652 5000 |
enquiry@icicipruamc.com | |
Website | https://www.icicipruamc.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
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What is the minimum SIP amount to invest in ICICI Prudential Midcap Fund?
How do I invest in ICICI Prudential Midcap Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in ICICI Prudential Midcap Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in ICICI Prudential Midcap Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in ICICI Prudential Midcap Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.