ICICI PRU LARGE & MID CAP
BASIC FACTS
DATE OF LAUNCH
9 JUL 1998
CATEGORY
EQUITY
TYPE
LARGE & MIDCAP
AUM*
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Data Science
SQL for Data Science along with Data Analytics and Data Visualization
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Finance
AI and Generative AI for Finance
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Web Development
Intermediate Java Mastery: Method, Collections, and Beyond
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Finance
A2Z Of Money
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Finance
A2Z Of Finance: Finance Beginner Course
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Marketing
Performance Marketing for eCommerce Brands
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Web Development
Advanced C++ Mastery: OOPs and Template Techniques
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Marketing
Digital marketing – WordPress Website Development
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Artificial Intelligence(AI)
Generative AI for Dynamic Java Web Applications with ChatGPT
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Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
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Marketing
Digital Marketing Masterclass by Neil Patel
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Artificial Intelligence(AI)
Tabnine AI Masterclass: Optimize Your Coding Efficiency
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Leadership
Business Storytelling Masterclass
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Marketing
Future of Marketing & Branding Masterclass
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Marketing
Modern Marketing Masterclass by Seth Godin
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Web Development
Master RESTful APIs with Python and Django REST Framework: Web API Development
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Web Development
Django & PostgreSQL Mastery: Build Professional Web Applications
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Artificial Intelligence(AI)
AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills
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Artificial Intelligence(AI)
ChatGPT Mastery from Zero to Hero: The Complete AI Course
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Web Development
Java 21 Essentials for Beginners: Build Strong Programming Foundations
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Web Development
Mastering Full Stack Development: From Frontend to Backend Excellence
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Artificial Intelligence(AI)
AI and Analytics based Business Strategy
Rs.17,464 crore
BENCHMARK
NIFTY LARGE MIDCAP 250 TOTAL RETURN INDEX
WHAT IT COSTS
NAV**
GROWTH OPTION
Rs.957.13
IDCW
Rs.33.43
MINIMUM INVESTMENT
Rs.5,000
MINIMUM SIP AMOUNT
Rs.100
EXPENSE RATIO# (%)
1.69
EXIT LOAD
1% for redemption within 30 days
*AS ON 30 SEP 2024
**AS ON 22 OCT 2024
#AS ON 30 SEP 2024
FUND MANAGER
IHAB DALWAI
2 YEARS, 3 MONTHS
Recent portfolio changes
New entrants
IndusInd Bank, Medplus Health Services, Shree Cement, Sona BLW Precision Forgings, Sun TV Network (Aug).
Gujarat Narmada Valley Fertilizers & Chemicals, Max Financial Services, Zydus Lifesciences (Sep).
Complete exits
Affle (India), Hero Motocorp, Kotak Mahindra Bank, Sumitomo Chemical India (Aug).
Should You Buy?
Earlier known as the ICICI Prudential Top 100, this fund was repositioned as the large- and mid-cap offering a few years ago. The fund manager adopts a counter-cyclical approach by remaining underweight in sectors to which the larger market holds an elevated exposure. It aims to generate alpha through active sectoral rotation apart from identifying companies with reasonable profitability backed by sustainable competitive advantages. The fund experienced a rough patch between 2017 to 2020 but has seen a smart uptick in performance since 2021. This is partly owing to its bias towards value segment, which has been on an upswing in recent years.