ICICI Prudential Mid Cap Fund vs Invesco India Midcap Fund
ICICI Prudential Mid Cap Fund (Direct) and Invesco India Midcap 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 25 Aug 2026
Growth of ₹100 (rebased over the selected window)
Common period 02 Jan 2013 – 25 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 Midcap Fund |
|---|---|---|
| 02 Jan 2013 | ₹100.00 | ₹100.00 |
| 21 Feb 2014 | ₹108.30 | ₹102.94 |
| 13 Apr 2015 | ₹214.94 | ₹209.03 |
| 01 Jun 2016 | ₹197.97 | ₹202.48 |
| 21 Jul 2017 | ₹277.26 | ₹266.63 |
| 09 Sep 2018 | ₹300.58 | ₹311.80 |
| 30 Oct 2019 | ₹288.34 | ₹305.48 |
| 18 Dec 2020 | ₹349.72 | ₹392.66 |
| 06 Feb 2022 | ₹512.74 | ₹573.12 |
| 28 Mar 2023 | ₹490.54 | ₹548.84 |
| 17 May 2024 | ₹849.20 | ₹931.34 |
| 06 Jul 2025 | ₹989.88 | ₹1218.01 |
| 25 Aug 2026 | ₹1151.29 | ₹1385.09 |
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 Midcap Fund share 14% of their equity book by weight.
Shared holdings — ICICI Prudential Mid Cap Fund vs Invesco India Midcap Fund
| Stock | ICICI Prudential Mid Cap Fund | Invesco India Midcap 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 ₹396.85 Very High risk ★★★☆☆ | Invesco · Direct NAV ₹245.30 Very High risk ★★★★☆ | Category median Mid Cap Fund · 34 funds |
|---|---|---|---|
| +18.20%Best in row | +11.03% | +10.83% | |
| +24.45% | +25.95%Best in row | +19.52% | |
| +19.68% | +21.95%Best in row | +17.85% | |
| +17.74% | +19.99%Best in row | +17.11% | |
| +19.61% | +21.25%Best in row | +19.35% | |
| +21.45% | +23.61%Best in row | — | |
| +19.44% | +21.47%Best in row | +20.63% | |
| +18.04% | +20.34%Best in row | +19.07% | |
| +18.52% | +20.71%Best in row | +18.52% | |
| Risk | |||
| 17.72% | 17.13%Best in row | 16.16% | |
| 1.01 | 1.14Best in row | 0.79 | |
| 1.39 | 1.60Best in row | 1.09 | |
| -44.04% | -34.09%Best in row | -32.95% | |
| +5.76% | +7.03%Best in row | +2.42% | |
| 1.00 | 1.02 | 0.94 | |
| 109.0% | 120.4%Best in row | 98.7% | |
| 83.6%Best in row | 97.4% | 87.8% | |
| 1.11% | 0.77%Best in row | 0.96% | |
| ₹7,954Cr | ₹12,160Cr | ₹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 Midcap Fund?
Over the last 3 years, Invesco India Midcap Fund returned +25.95% CAGR against ICICI Prudential Mid Cap Fund's +24.45%, computed from AMFI NAV history. Over 5 years: ICICI Prudential Mid Cap Fund +19.68% vs Invesco India Midcap Fund +21.95% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — ICICI Prudential Mid Cap Fund or Invesco India Midcap Fund?
Invesco India Midcap Fund has the lower expense ratio: ICICI Prudential Mid Cap Fund charges 1.11% a year against Invesco India Midcap 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 Midcap Fund?
ICICI Prudential Mid Cap Fund has shown higher volatility (+17.72% annualized vs Invesco India Midcap Fund's +17.13%), 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 Midcap Fund -20.07%.
Which fund manages more money — ICICI Prudential Mid Cap Fund or Invesco India Midcap Fund?
Invesco India Midcap Fund is the larger fund: ICICI Prudential Mid Cap Fund manages ₹7,954Cr against Invesco India Midcap Fund's ₹12,160Cr 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 Midcap 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.