ICICI Prudential Mid Cap Fund vs Invesco India Mid Cap Fund
ICICI Prudential Mid Cap Fund (Direct) and Invesco India Mid Cap Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Mid Cap Fund schemes — see the best mid cap mutual funds for the full ranking.
Head to head
NAVs as of 28 Aug 2026
Growth of ₹100 (rebased over the selected window)
Common period 02 Jan 2013 – 28 Aug 2026, limited by ICICI Prudential Mid Cap Fund. Every series is rebased to ₹100 at the start of this window. Benchmark lines are the category index WealthTicker measures against, which is not always the benchmark the scheme itself declares — the fund page’s Scheme Info names that one. Nifty Midcap 150 history starts 14 Jan 2019, so that benchmark is not plotted over this window — pick a shorter range to see it.
View as table
| Date | ICICI Prudential Mid Cap Fund | Invesco India Mid Cap Fund |
|---|---|---|
| 02 Jan 2013 | ₹100.00 | ₹100.00 |
| 22 Feb 2014 | ₹108.30 | ₹102.94 |
| 13 Apr 2015 | ₹214.94 | ₹209.03 |
| 02 Jun 2016 | ₹199.22 | ₹202.99 |
| 22 Jul 2017 | ₹277.26 | ₹266.63 |
| 11 Sep 2018 | ₹294.17 | ₹303.84 |
| 31 Oct 2019 | ₹293.07 | ₹308.13 |
| 20 Dec 2020 | ₹349.72 | ₹392.66 |
| 08 Feb 2022 | ₹503.31 | ₹561.49 |
| 31 Mar 2023 | ₹502.18 | ₹563.58 |
| 19 May 2024 | ₹849.20 | ₹931.34 |
| 09 Jul 2025 | ₹982.62 | ₹1220.38 |
| 28 Aug 2026 | ₹1158.40 | ₹1383.79 |
Portfolio overlap (same stocks held through more than one fund)
Some overlap is structural: SEBI defines large cap as the top 100 stocks by market capitalisation, so two large-cap funds are fishing the same pond by regulation. The bands below are measured per sleeve pairing rather than against one blanket threshold. How this is measured →
ICICI Prudential Mid Cap Fund and Invesco India Mid Cap Fund share 14% of their equity book by weight.
Shared holdings — ICICI Prudential Mid Cap Fund vs Invesco India Mid Cap Fund
| Stock | ICICI Prudential Mid Cap Fund | Invesco India Mid Cap Fund | |
|---|---|---|---|
| BSE Ltd | 5.09% | 5.11% | 5.09% |
| Prestige Estates Projects Ltd | 2.89% | 7.14% | 2.89% |
| SRF Ltd | 1.82% | 2.82% | 1.82% |
| Indusind Bank Ltd | 1.38% | 3.79% | 1.38% |
| Dixon Technologies (India) Ltd | 1.12% | 1.35% | 1.12% |
| Apar Industries Ltd | 5.59% | 0.48% | 0.48% |
| Bharat Forge Ltd | 3.28% | 0.27% | 0.27% |
| Krishna Institute Of Medical Sciences Ltd | 0.21% | 1.16% | 0.21% |
| Carborundum Universal Ltd | 0.14% | 0.53% | 0.14% |
| Interglobe Aviation Ltd | 0.14% | 4.21% | 0.14% |
| JK Cement Ltd | 0.10% | 3.10% | 0.10% |
11 shared of 80 / 44 positions. Weights are shown as a share of each fund's equity book.
| Metric | ICICI Prudential · Direct NAV ₹399.30 Very High risk ★★★☆☆ | Invesco · Direct NAV ₹245.07 Very High risk ★★★★☆ | Category median Mid Cap Fund · 34 funds |
|---|---|---|---|
| +20.69%Best in row | +13.12% | +12.11% | |
| +24.62% | +26.11%Best in row | +19.52% | |
| +19.62% | +21.82%Best in row | +17.57% | |
| +17.77% | +20.04%Best in row | +17.12% | |
| +19.65% | +21.28%Best in row | +19.33% | |
| +21.62% | +23.51%Best in row | — | |
| +19.46% | +21.49%Best in row | +20.60% | |
| +18.06% | +20.35%Best in row | +19.08% | |
| +18.53% | +20.72%Best in row | +18.53% | |
| Risk | |||
| 17.71% | 17.12%Best in row | 16.09% | |
| 1.02 | 1.15Best in row | 0.80 | |
| 1.40 | 1.61Best in row | 1.12 | |
| -44.04% | -34.09%Best in row | -32.95% | |
| +5.78% | +7.04%Best in row | +2.51% | |
| 1.01 | 1.02 | 0.94 | |
| 109.0% | 120.3%Best in row | 98.6% | |
| 83.6%Best in row | 97.4% | 87.8% | |
| 1.11% | 0.77%Best in row | 0.96% | |
| ₹7,954Cr | ₹14,721Cr | ₹7,889Cr | |
| 1.00% | Up to 1.00% | — | |
| ₹5.00K | ₹100 | — | |
| 75% | 43% | 40% | |
| Sharmila D'Silva · 4.2y | Aditya Khemani · 2.8y | — | |
| 80 | 44 | — | |
| 38.0% | 47.3% | — | |
| 2.1% | 0.6% | — | |
4 rows carry the same value for every fund — show
- Benchmark
- Nifty Midcap 150
- Lock-in
- None
- Min SIP
- ₹100
- Inception
- 02 Jan 2013
Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — ICICI Prudential Mid Cap Fund or Invesco India Mid Cap Fund?
Over the last 3 years, Invesco India Mid Cap Fund returned +26.11% CAGR against ICICI Prudential Mid Cap Fund's +24.62%, computed from AMFI NAV history. Over 5 years: ICICI Prudential Mid Cap Fund +19.62% vs Invesco India Mid Cap Fund +21.82% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — ICICI Prudential Mid Cap Fund or Invesco India Mid Cap Fund?
Invesco India Mid Cap Fund has the lower expense ratio: ICICI Prudential Mid Cap Fund charges 1.11% a year against Invesco India Mid Cap Fund's 0.77%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — ICICI Prudential Mid Cap Fund or Invesco India Mid Cap Fund?
ICICI Prudential Mid Cap Fund has shown higher volatility (+17.71% annualized vs Invesco India Mid Cap Fund's +17.12%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: ICICI Prudential Mid Cap Fund -21.27% vs Invesco India Mid Cap Fund -20.07%.
Which fund manages more money — ICICI Prudential Mid Cap Fund or Invesco India Mid Cap Fund?
Invesco India Mid Cap Fund is the larger fund: ICICI Prudential Mid Cap Fund manages ₹7,954Cr against Invesco India Mid Cap Fund's ₹14,721Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are ICICI Prudential Mid Cap Fund and Invesco India Mid Cap Fund in the same category?
Yes — both are Mid Cap Fund schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.