ICICI Prudential Midcap Fund

Q: What are the returns of this mutual fund scheme?

The ICICI Prudential Midcap Fund is a 21 yrs 1 m old fund and has delivered average annual returns of 17.7% since inception. ICICI Prudential Midcap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 9.92% 22.4% 26.89% 15.86% 17.7%

Q: How much does this mutual fund charge as expense ratio?

The ICICI Prudential Midcap Fund has an expense ratio of 1.87% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹305.83+0.08% 1 day change	17.7% p.a.	App exclusive #NA View Ranked Funds	₹6,589 Cr

Historical NAV & returns

NAV: ₹305.83 as on Oct 20, 2025

This fund Category average

ICICI Prudential Midcap Fund overview

AUM (Fund size)	₹6,589 Cr
Exit load	1.0% Exit load of 1% if redeemed within 1 year.!
Lock-in Period	Nil
Age	21 yrs 1 m since Sep 06, 2004
Benchmark	NIFTY Midcap 150 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	1.87% as on Sep 30, 2025
Plan type	Regular
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

ICICI Prudential Midcap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 25, 2025

Period	This fund	Category average
1 Month	2.96%	2.04%
3 Months	2.72%	2.26%
6 Months	17.09%	12.21%
1 Year	9.92%	5.14%
2 Years	28.11%	23.63%
3 Years	22.4%	21.6%
4 Years	17.06%	16.78%
5 Years	26.89%	25.91%
7 Years	19.7%	20.46%
10 Years	15.86%	16.17%

View returns in detail

Asset allocationas on Sep 30, 2025

Large Cap 12.71%

Mid Cap 69.75%

Small Cap 15.58%

Other Cap 0%

Top holdings

Jindal Steel Ltd.4.5%

Muthoot Finance Ltd.3.85%

APL Apollo Tubes Ltd.3.65%

Jindal Stainless Ltd.3.48%

Top sectors

Metals & Mining 16.29%

Services 12.97%

Capital Goods 11.350000000000001%

Chemicals 11.07%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 1.50239202%

Cash Margin 0.28836786%

Net Current Assets 0.16746211%

Other Holdings

Others 0.17%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
ICICI Prudential Midcap Fund	2.96%	17.09%	9.92%	22.4%	26.89%	15.86%
Nippon India Growth Mid Cap Fund	2.67%	11.74%	6.4%	25.44%	29.58%	18.02%
HDFC Mid Cap Fund	3.27%	13.12%	9.09%	26.21%	29.92%	18.04%
Motilal Oswal Midcap Fund	1.96%	11.58%	-0.11%	26.13%	33.38%	17.6%
Kotak Midcap Fund	1.15%	15.81%	7.05%	22.41%	27.34%	17.97%
Edelweiss Mid Cap Fund	2.47%	11.89%	6.72%	24.93%	29.34%	18.06%

Fund name	Std. deviation	Beta	Sharpe	Sortino
ICICI Prudential Midcap Fund	16.12	0.98	0.87	1.28
Nippon India Growth Mid Cap Fund	15.44	0.96	1.08	1.57
HDFC Mid Cap Fund	13.79	0.86	1.25	1.77
Motilal Oswal Midcap Fund	17.6	0.92	0.96	1.21
Kotak Midcap Fund	15.02	0.89	0.96	1.19
Edelweiss Mid Cap Fund	15.52	0.94	1.05	1.38

Fund name	ETM Rank	AUM	Fund age	Expense ratio
ICICI Prudential Midcap Fund	N.A.	6,589 Cr	21 yrs 1 m	1.87%
Nippon India Growth Mid Cap Fund	N.A.	39,329 Cr	30 yrs 1 m	1.55%
HDFC Mid Cap Fund	N.A.	84,855 Cr	18 yrs 5 m	1.37%
Motilal Oswal Midcap Fund	N.A.	34,749 Cr	11 yrs 8 m	1.54%
Kotak Midcap Fund	N.A.	58,300 Cr	18 yrs 8 m	1.39%
Edelweiss Mid Cap Fund	N.A.	11,731 Cr	17 yrs 11 m	1.67%

View all Mid Cap funds

Key risk & return ratios Compared to other funds in the category

Alpha	-0.96 vs. 4.93 Underperformed at beating benchmark
Sharpe	0.87 vs. 5.94 Poor risk-adjusted returns
Beta	0.98 vs. 0.9 More sensitive to market's ups & downs
Standard deviation	16.12 vs. 13.4 More volatile performance

Compare ICICI Prudential Midcap Fund in detail with

About this fund

About ICICI Prudential Midcap Fund

ICICI Prudential Midcap Fund is a Mid Cap mutual fund scheme from Icici Prudential Mutual Fund. This fund has been in existence for 21 yrs 1 m, having been launched on 06/09/2004. ICICI Prudential Midcap Fund has ₹6,589 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of ICICI Prudential Midcap Fund as of 20/10/2025 is ₹305.83. The fund has an expense ratio of 1.87%, which is higher than what most other Mid Cap funds charge.

ICICI Prudential Midcap Fund returns of last 1-year are 3.59%. Since launch, it has delivered 17.70% average annual returns. The fund has doubled the money invested in it every 4 yrs.
ICICI Prudential Midcap Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund has the majority of its money invested in Metals & Mining, Services, Capital Goods, Chemicals, Financial sectors. It has taken less exposure in Metals & Mining, Services sectors compared to other funds in the category.
The fund's top 5 holdings are in Jindal Steel Ltd., Muthoot Finance Ltd., APL Apollo Tubes Ltd., Jindal Stainless Ltd., Bharti Hexacom Ltd..

...

Fund AUM	6,589 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Lalit Kumar

Mr. Kumar is a PGDM (IIM) and B.Tech in Electrical Engineering (IIT). Prior to joining ICICI Prudential Mutual Fund, he has worked with East Bridge Advisors Pvt. Ltd, Nomura Financial Advisory & Securities, Merrill Lynch and Cypress Semiconductors.

Investment objective

This scheme aims to generate long term capital appreciation by investing in diversified midcap stocks portfolio. It will predominantly invest in companies with market capitalization falling between the lowest and the highest market capitalisation among the constituents of Nifty Midcap 100 Index.

ICICI Prudential Mutual Fund details

No. of schemes	103 view all schemes
Total AUM	10,60,747 Cr as on Sep 30, 2025
Address	One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai, 400051

More funds from ICICI Prudential Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
ICICI Prudential Infrastructure Fund	N.A.	7,863 Cr	7.36%	37.42%
ICICI Prudential BHARAT 22 FOF Scheme	N.A.	2,354 Cr	3.93%	35.65%
ICICI Prudential India Opportunities Fund	N.A.	30,802 Cr	8.97%	32.63%
ICICI Prudential Commodities Fund	N.A.	3,059 Cr	12.0%	31.64%
ICICI Prudential Dividend Yield Equity Fund	N.A.	5,936 Cr	7.93%	29.89%
ICICI Prudential Manufacturing Fund	N.A.	6,608 Cr	7.1%	29.79%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of ICICI Prudential Midcap Fund?

The current Net Asset Value (NAV) of the ICICI Prudential Midcap Fund plan is approximately ₹305.83 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The ICICI Prudential Midcap Fund is a 21 yrs 1 m old fund and has delivered average annual returns of 17.7% since inception.

ICICI Prudential Midcap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
9.92%	22.4%	26.89%	15.86%	17.7%

How much does this mutual fund charge as expense ratio?

The ICICI Prudential Midcap Fund has an expense ratio of 1.87%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The ICICI Prudential Midcap Fund currently has assets under management (AUM) or fund size valued at approximately 6,589 Cr as on Sep 30, 2025.

What are the top stock holdings of ICICI Prudential Midcap Fund?

The ICICI Prudential Midcap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Jindal Steel Ltd.	4.5%
Muthoot Finance Ltd.	3.85%
APL Apollo Tubes Ltd.	3.65%
Jindal Stainless Ltd.	3.48%
Bharti Hexacom Ltd.	3.47%
UPL Ltd.	3.45%
Prestige Estates Projects Ltd.	3.25%
Apar Industries Ltd.	3.2%
PB Fintech Ltd.	3.12%
Info Edge (India) Ltd.	3.03%

What are the top sectors ICICI Prudential Midcap Fund has invested in?

The ICICI Prudential Midcap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Metals & Mining	16.29%
Services	12.97%
Capital Goods	11.350000000000001%
Chemicals	11.07%
Financial	9.530000000000001%
Automobile	7.43%
Construction	6.63%
Materials	5.8999999999999995%
Communication	4.46%
Consumer Staples	3.2600000000000002%

What is risk level of ICICI Prudential Midcap Fund?

This is a Mid Cap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in ICICI Prudential Midcap Fund?

Redeeming your investments in the ICICI Prudential Midcap Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Mid Cap

#NA

Return Outperformance: This fund has generated highest return amongst Mid Cap funds in the last 10 Years.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1% if redeemed within 1 year.