EquityMulti Cap FundRegularGrowthVery High

ICICI Prudential Multi Cap Fund

Q: What is the NAV of ICICI Prudential Multi Cap Fund?

As of 05 Oct 2026, the NAV of ICICI Prudential Multi Cap Fund is ₹809.98 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has ICICI Prudential Multi Cap Fund delivered?

ICICI Prudential Multi Cap Fund has returned +2.87% over 1 year, +13.40% per year over 3 years, +12.58% per year over 5 years and +12.65% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of ICICI Prudential Multi Cap Fund?

ICICI Prudential Multi Cap Fund charges an expense ratio of 1.75% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of ICICI Prudential Multi Cap Fund?

ICICI Prudential Multi Cap Fund's largest holdings are Vedanta Aluminium Metal Ltd. (2.9%), Apar Industries Ltd. (2.7%), BSE Ltd. (2.6%), Ultratech Cement Ltd. (2.5%) and Jindal Steel Ltd. (2.4%). Holdings are disclosed monthly and change over time.

Q: How risky is ICICI Prudential Multi Cap Fund?

ICICI Prudential Multi Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 14.0% and its worst peak-to-trough fall in our sample was -62.1%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.49 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential Multi Cap Fund's 0.49 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of ICICI Prudential Multi Cap Fund?

ICICI Prudential Multi Cap Fund is benchmarked against the Nifty500 Multicap 50:25:25 TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages ICICI Prudential Multi Cap Fund?

ICICI Prudential Multi Cap Fund is managed by Lalit Kumar and Sharmila D'silva at ICICI Prudential.

Q: How is ICICI Prudential Multi Cap Fund taxed?

ICICI Prudential Multi Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

ICICI Prudential Mutual Fund · Best Multi Cap Mutual Funds

NAV

₹809.98

+0.21% 1D

as of 05 Oct 2026

This is the Regular plan of ICICI Prudential Multi Cap Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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Performance

+2.37%absolute

52-week rangePrev NAV ₹808.31

Latest ₹809.98

Low ₹714.3657th percentile of its 52-week rangeHigh ₹880.83

Scorecard

★★★☆☆3/5 vs 22 of 32 Multi Cap Fund peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Multi Cap Fund (same plan and option). 22 of the 32 Multi Cap Funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceAverage

3Y CAGR +13.40% · ranks 9 of 22 Multi Cap Funds

RiskModerate

Volatility 14.0% vs 14.9% category avg

CostLow

1.8% expense vs 2.4% category avg

ConsistencyHigh

95% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

3-year return (+13.40%) beats the Multi Cap Fund average (+12.46%)
5-year return (+12.58%) beats the Multi Cap Fund average (+11.53%)
Stronger risk-adjusted returns — Sharpe 0.49 vs 0.39 Multi Cap Fund average
Low expense ratio (1.75%) vs the Multi Cap Fund average of 2.41%
Consistent — positive in 95% of rolling 3-year windows

Concerns

Trails the Multi Cap Fund average on 1M/3M/6M

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.75%

Category 2.41%▼0.66%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

25.80

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.49

Category 0.39▲0.10

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

1 % of applicable Net Asset Value If the amount sought to be redeemed or switch out within 12 months from allotment. Nil If the amount sought to be redeemed or switched out more than 12 months.

Up to 1.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

Nifty500 Multicap 50:25:25 TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

02 Apr 2006

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-6.44%

Absolute return over the last 3 months (not annualized)

-5.12%

Absolute return over the last 6 months (not annualized)

+10.76%

Absolute return since 1 Jan of this year (not annualized)

+0.50%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+2.87%

3-year annualized return (CAGR)

+13.40%

5-year annualized return (CAGR)

+12.58%

10-year annualized return (CAGR)

+12.97%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+12.65%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

13.99%

Excess return per unit of total volatility (rf = 6.5%)

0.49

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.68

Largest peak-to-trough decline over full history

-62.10%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

3.73%

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

1.00

How much of the fund's movement Nifty 500 TRI explains

93.6%

Excess return per unit of beta (market risk)

7.28

Active return over the benchmark per unit of tracking error

0.98

Annualized std dev of fund-minus-benchmark returns

4.11%

Fund's share of benchmark gains in up months (100 = matches index)

104.5%

Fund's share of benchmark losses in down months (lower is better)

84.8%

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Multi Cap Fund)

Period	Fund	Category avg.	Diff
1M abs	-6.44%	-4.25%	-2.19%
3M abs	-5.12%	-1.62%	-3.50%
6M abs	+10.76%	+13.58%	-2.82%
1Y CAGR	+2.87%	+2.74%	+0.13%
3Y CAGR	+13.40%	+12.46%	+0.94%
5Y CAGR	+12.58%	+11.53%	+1.05%

Category average across peers in Multi Cap Fund (up to 32 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 32 peers in Multi Cap Fund

1Y return

+2.87%

Beats 48.4% · rank #17

3Y return

+13.40%

Beats 61.9% · rank #9

5Y return

+12.58%

Beats 62.5% · rank #4

Sharpe

0.49

Beats 71.4% · rank #7

Sortino

0.68

Beats 71.4% · rank #7

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹8.06L

Absolute

+34.29%

XIRR

+12.12%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into ICICI Prudential Multi Cap Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500 TRI	Diff
2026part	+0.50%	-7.18%	+7.68%
2025	+5.72%	+7.94%	-2.22%
2024	+20.68%	+16.43%	+4.25%
2023	+35.38%	+27.43%	+7.95%
2022	+4.65%	+4.34%	+0.31%
2021	+36.38%	+31.59%	+4.79%
2020	+9.21%	+18.33%	-9.12%
2019	+5.99%	+8.95%	-2.96%
2018	+0.21%	-2.33%	+2.54%
2017	+28.01%	+37.35%	-9.34%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

5,049

Expense ratio

1.75%

AUM

₹17,214Cr

Portfolio turnover

68%

Exit load

1 % of applicable Net Asset Value If the amount sought to be redeemed or switch out within 12 months from allotment. Nil If the amount sought to be redeemed or switched out more than 12 months.

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

25.8

P/B ratio

4.7

Avg market cap

₹1,01,417Cr

P/E & P/B are portfolio-weighted harmonic means across 135 of 163 equity holdings (83% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Multi Cap Fund

Compare all


ICICI Prudential Multi Cap FundThis fund ICICI Prudential · Regular · Growth	★★★☆☆	+2.87%	+13.40%	+12.58%	—	1.75%	—
Axis Multicap Fund Axis · Regular · Growth	★★★★★	+6.56%	+17.24%	—	—	1.98%	₹9,775Cr
HSBC Multi Cap Fund HSBC · Regular · Growth	★★★★★	+5.42%	+15.84%	—	—	2.03%	₹5,538Cr
WhiteOak Capital Multi Cap Fund WhiteOak Capital · Regular · Growth	★★★★☆	+3.03%	+15.71%	—	—	2.21%	₹3,513Cr
Bank of India Multi Cap Fund Bank of India · Regular · Growth	★★★☆☆	+8.28%	+15.36%	—	—	2.48%	₹1,091Cr
LIC MF Multi Cap Fund LIC · Regular · Growth	★★★★☆	+3.98%	+15.19%	—	—	2.14%	₹1,895Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 97% of the equity sleeve priced.

Large cap35.5%
Mid cap34.8%
Small cap29.7%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity97.98%
Cash & Equivalents2.02%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
ICICI Prudential Large & Mid Cap Fund ICICI Prudential · Large & Mid Cap Fund	46.5%	★★★★★	1.24%	+13.88%
ICICI Prudential Mid Cap Fund ICICI Prudential · Mid Cap Fund	45.6%	★★★☆☆	1.10%	+19.76%
Axis India Manufacturing Fund Axis · Sectoral/ Thematic	31.7%	★★★★☆	0.92%	—
ICICI Prudential Retirement Fund Pure Equity ICICI Prudential · Retirement Fund	31.5%	★★★★★	0.88%	+19.01%
Mirae Asset Arbitrage Fund Mirae Asset · Arbitrage Fund	29.4% of 79% equity	★★★☆☆	2.48%	+7.37%
Nippon India Nifty India Manufacturing ETF Nippon India · Other ETFs	28.8%	—	0.28%	—
Navi Nifty India Manufacturing Index Fund Navi · Index Funds	28.7%	★★★★☆	0.58%	+16.79%
UTI Nifty India Manufacturing Index Fund UTI · Index Funds	28.7%	★★★☆☆	0.72%	—

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

6 holdings — 3.58% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

PB Fintech LimitedShort-term · Stage I2.20%
Welspun Corp LimitedLong-term · Stage I0.49%
Sansera Engineering LimitedLong-term · Stage I0.27%
Vedanta Iron and Steel LimitedLong-term · Stage I0.22%
Whirlpool of India LimitedShort-term · Stage I0.21%
Aequs LimitedLong-term · Stage I0.18%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-62.1%04 Jan 2008 → 09 Mar 2009
Fell over 14 months, back to the old high on 04 Oct 2010 — 1.6 years under water after the low.
-39.0%17 Jan 2020 → 23 Mar 2020
Fell over 2 months, back to the old high on 01 Dec 2020 — 8 months under water after the low.
-32.0%10 May 2006 → 14 Jun 2006
Fell over 35 days, back to the old high on 24 Nov 2006 — 5 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

AMC Profile

ICICI Prudential Mutual Fund is a joint venture between ICICI Bank and Prudential plc of the UK, in business since 1993. It is among India's largest houses by assets and runs one of the industry's widest scheme line-ups across equity, debt and hybrid.

Launched

11 Oct 1993

Total AUM

₹11,14,544Cr+1.0% QoQ

Avg AUM · April - June 2026

Website

icicipruamc.com

Fund Managers

LKLalit KumarManaging since 29 Aug 2025

Role

Senior Fund Manager – MF Equity

Education

PGDM – Indian Institute of Management, Calcutta (2010), B.Tech in Electrical Engineering – Indian Institute of Technology, Kanpur (2006) and Chartered Financial Analyst (CFA) (Level II)

Experience

He joined ICICI Prudential Asset Management Company Limited in May 2017 as a Senior Manager and has over 15 years of work experience. Past Experience: ~ East Bridge Advisors Pvt. Ltd – Equity Research Analyst - July 2015 to April 2017. ~ Nomura Financial Advisory & Securities – Equity Research - June 2010 to July 2015. ~ Merrill Lynch – Intern - April 2009 to June 2009. ~ Cypress Semiconductors – Senior Design Engineer - August 2006 to May 2008.

Funds managed (2)

All schemes Lalit Kumar runs →

SDSharmila D'silvaManaging since 08 Aug 2022

Role

Fund Manager – MF Equity

Total experience

Over 8 years

Education

CA and Bachelor of Commerce in Accounting and Finance (BAF)

Experience

Sharmila D’silva is associated with ICICI in Prudential Asset Management Company Limited from September 2016. She is involved in economics research, strategy research and business cycle research.

Funds managed (33)

All schemes Sharmila D'silva runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Lalit Kumar Sharmila D'silva

Top holdings

Vedanta Aluminium Metal Ltd.Apar Industries Ltd.BSE Ltd.Ultratech Cement Ltd.Jindal Steel Ltd.Interglobe Aviation Ltd.K.P.R. Mill Ltd.PB Fintech Ltd.Samvardhana Motherson International Ltd.Multi Commodity Exchange Of India Ltd.ABB India Ltd.Manappuram Finance Ltd.

ICICI Prudential in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

Run SIP calculator Add to compare

Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Multi Cap funds

Multi cap funds must hold at least 25% each in large, mid and small-cap stocks at all times. The fixed minimums give more mid- and small-cap exposure than a flexi cap, and usually more volatility.

Frequently asked questions

What is the NAV of ICICI Prudential Multi Cap Fund?

As of 05 Oct 2026, the NAV of ICICI Prudential Multi Cap Fund is ₹809.98 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has ICICI Prudential Multi Cap Fund delivered?

ICICI Prudential Multi Cap Fund has returned +2.87% over 1 year, +13.40% per year over 3 years, +12.58% per year over 5 years and +12.65% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of ICICI Prudential Multi Cap Fund?

ICICI Prudential Multi Cap Fund charges an expense ratio of 1.75% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of ICICI Prudential Multi Cap Fund?

ICICI Prudential Multi Cap Fund's largest holdings are Vedanta Aluminium Metal Ltd. (2.9%), Apar Industries Ltd. (2.7%), BSE Ltd. (2.6%), Ultratech Cement Ltd. (2.5%) and Jindal Steel Ltd. (2.4%). Holdings are disclosed monthly and change over time.

How risky is ICICI Prudential Multi Cap Fund?

ICICI Prudential Multi Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 14.0% and its worst peak-to-trough fall in our sample was -62.1%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.49 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential Multi Cap Fund's 0.49 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of ICICI Prudential Multi Cap Fund?

ICICI Prudential Multi Cap Fund is benchmarked against the Nifty500 Multicap 50:25:25 TRI. Its alpha and beta on this page are measured against that index.

Who manages ICICI Prudential Multi Cap Fund?

ICICI Prudential Multi Cap Fund is managed by Lalit Kumar and Sharmila D'silva at ICICI Prudential.

How is ICICI Prudential Multi Cap Fund taxed?

ICICI Prudential Multi Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.