Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Are mutual funds still the middle class’s best bet for wealth building? – Firstpost
    • Can specialised funds unlock India’s shorting potential—or will they just be long-only funds in disguise?
    • Pay contractors with bonds to curb inflation – Joe Jackson advises government
    • Are Faith-Based ETFs the Answer to Clients’ Prayers?
    • Cheapest equity mutual funds with 5-star ratings: 5 funds with up to 140% absolute returns in 3 years – Money News
    • Fidelity Investments® Releases 2025 Retiree Health Care Cost Estimate, a Timely Reminder for All Generations to Begin Planning
    • Amplify ETFs Declares July Income Distributions for its Income ETFs
    • These ETFs will give you high income – but you -2-
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Mutual Funds»THIS oldest ICICI mutual fund turned Rs 10K SIP into nearly Rs 10 crore; Rs 1 lakh lump sum investment grew 79 times – Money News
    Mutual Funds

    THIS oldest ICICI mutual fund turned Rs 10K SIP into nearly Rs 10 crore; Rs 1 lakh lump sum investment grew 79 times – Money News

    June 15, 2025


    If you are planning a long-term investment in mutual funds and are looking for a fund that can give returns of crores over time, then ICICI Prudential Multicap Fund can be a strong option for you. This is the oldest scheme of ICICI Prudential Mutual Fund House, which was launched in October 1994.

    So far, this fund has given such strong returns to investors that if you had started a SIP of Rs 10,000 in it 30 years ago, then today its value would have been around Rs 9.8 crore. At the same time, if you had invested Rs 1 lakh in lump sum, it would have increased to Rs 79 lakh.

    ICICI Prudential Multicap Fund is a multicap category mutual fund which was launched on 1 October 1994. The fund aims to generate capital appreciation by investing in large, mid and small cap stocks across sectors. However, this objective is not guaranteed to be achieved every time.

    The current asset size of this fund is Rs 15,094.86 crore, and its expense ratio is 1.74%, which is lower than the category average of 1.96%. The fund follows Nifty 500 Multicap 50:25:25 TRI as its benchmark.

    Also read: Top-rated ELSS funds: SBI Long Term Equity Vs HDFC Tax Saver funds – 1, 3, 5, 10-year returns compared

    ICICI Prudential Multicap Fund returns over the years:

    Since Launch 15.28% (Lump Sum Return)
    SIP Return (Since Launch) 17.71%

    (Source: Value Research)

    This fund has made investors crorepatis by giving great returns in the long term. For example, if an investor had run a monthly SIP of Rs 10,000 in this fund for 30 years, his investment would have reached around Rs 9.8 crore.

    On the other hand, if someone had made a lump sum investment of Rs 1 lakh in October 1994, its value would have become around Rs 79 lakh today.

    These figures clearly show how disciplined and long-term investment can create a large corpus through mutual funds.

    Also read: 5 mutual funds tapping into India’s real estate boom

    ICICI Prudential Multicap Fund: Risk measures

    Risk Parameter What It Means Value (3-Year)
    Alpha How much the fund outperformed the benchmark 5.37 (Very good)
    Beta How sensitive the fund is to market volatility 0.90 (Slightly lower risk than market)
    Tracking Error How much the fund’s returns deviate from the benchmark 3.33 (Low – a good sign)
    Sharpe Ratio How much return is generated per unit of risk taken 1.16 (Above 1 = Good return-to-risk)
    Standard Deviation How much the fund’s returns fluctuate 13.41 (Moderate risk)

    (Source: Fund’s fact sheet)

    ICICI Prudential Multicap Fund’s asset allocation is primarily concentrated in equities, with a total of 94.08% invested in the stock market. Apart from this, 5.82% is kept in cash, while there is no investment in bonds and 0.10% allocation in other categories.

    ICICI Prudential Multicap Fund portfolio allocation

    The fund’s top 10 stock holdings include large and trusted companies like ICICI Bank, Reliance Industries, HDFC Bank, Axis Bank, Sun Pharma, Hindustan Unilever (HUL), Infosys, Larsen & Toubro (L&T), NTPC and SBI. A total of 31.69% investment has been made in these top 10 stocks. The fund invests in a total of 104 companies, thereby maintaining a well-diversified portfolio.

    Also read: Top SBI mutual fund: THIS scheme turned Rs 1,000 SIP into Rs 57 lakh, Rs 1 lakh grew over 42 times

    Summing up…

    ICICI Prudential Multicap Fund is ideal for investors who want to build a good corpus by investing in equities for the long term. This fund has not only been delivering stable and strong returns but has also proven to be reliable in terms of risk-management. If you are planning a SIP or lump sum investment for the next 10-20 years, this fund can be a strong contender.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Are mutual funds still the middle class’s best bet for wealth building? – Firstpost

    July 30, 2025

    Can specialised funds unlock India’s shorting potential—or will they just be long-only funds in disguise?

    July 30, 2025

    a new way to pick a persistent winner

    July 30, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Are mutual funds still the middle class’s best bet for wealth building? – Firstpost

    July 30, 2025

    Qu’est-ce qu’un green bond ?

    December 7, 2017

    les cat’ bonds deviennent incontournables

    September 5, 2018

    ETF : définition et intérêt des trackers

    May 15, 2019
    Don't Miss
    Mutual Funds

    Are mutual funds still the middle class’s best bet for wealth building? – Firstpost

    July 30, 2025

    For much of India’s working population, building wealth has always been a long game. The…

    Can specialised funds unlock India’s shorting potential—or will they just be long-only funds in disguise?

    July 30, 2025

    Pay contractors with bonds to curb inflation – Joe Jackson advises government

    July 30, 2025

    Are Faith-Based ETFs the Answer to Clients’ Prayers?

    July 30, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    The best places to park your short-term investments

    May 12, 2025

    Where the biggest thematic ETFs are investing

    July 24, 2025

    EUR/USD : Statu quo attendu sur les Fed Funds, l’intérêt du FOMC est ailleurs

    January 29, 2025
    Our Picks

    Are mutual funds still the middle class’s best bet for wealth building? – Firstpost

    July 30, 2025

    Can specialised funds unlock India’s shorting potential—or will they just be long-only funds in disguise?

    July 30, 2025

    Pay contractors with bonds to curb inflation – Joe Jackson advises government

    July 30, 2025
    Most Popular

    ₹10,000 monthly SIP in this debt mutual fund has grown to over ₹70 lakh in 23 years

    June 13, 2025

    ₹1 lakh investment in these 2 ELSS mutual funds at launch would have grown to over ₹5 lakh. Check details

    April 25, 2025

    ZIG, BUZZ, NANC, and KRUZ

    October 11, 2024
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.