EquityMulti Cap FundRegularIDCWVery High

ICICI Prudential Multicap Fund

Q: What is the NAV of ICICI Prudential Multicap Fund?

As of 20 Aug 2026, the NAV of ICICI Prudential Multicap Fund is ₹35.07 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has ICICI Prudential Multicap Fund delivered?

ICICI Prudential Multicap Fund has returned -0.34% over 1 year, +7.94% per year over 3 years, +6.08% per year over 5 years and +2.50% 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 Multicap Fund?

ICICI Prudential Multicap Fund charges an expense ratio of 1.77% 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 Multicap Fund?

Its largest holdings are BSE Ltd (3.3%), Vedanta Aluminium Metal Ltd (3.2%), Ultratech Cement Ltd (2.6%), Interglobe Aviation Ltd (2.4%) and Jindal Steel & Power Ltd (2.2%). Holdings are disclosed monthly and change over time.

Q: How risky is ICICI Prudential Multicap Fund?

It is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 16.0% and its worst peak-to-trough fall in our sample was -69.5%. 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 0.09 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential Multicap Fund's 0.09 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of ICICI Prudential Multicap Fund?

ICICI Prudential Multicap Fund is benchmarked against the AMFI Tier I benchmark – Nifty 500 Multicap 50:25:25 TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages ICICI Prudential Multicap Fund?

ICICI Prudential Multicap Fund is managed by Sharmila D'silva and Sankaran Naren at ICICI Prudential.

Q: How is ICICI Prudential Multicap Fund taxed?

ICICI Prudential Multicap 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

₹35.07

+0.52% 1D

as of 20 Aug 2026

Compare SIP calculator

This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.

View the Growth plan for compounded returns (+17.55% 3Y CAGR)

Performance

-0.06%CAGR

52-week rangePrev NAV ₹34.89

Latest ₹35.07

Low ₹28.7789th percentile of its 52-week rangeHigh ₹35.88

Scorecard

★☆☆☆☆1/5 vs 21 of 27 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). 21 of the 27 Multi Cap Funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceBelow avg

3Y CAGR +7.94% · ranks 18 of 27 Multi Cap Funds

RiskModerate

Volatility 16.0% vs 15.5% category avg

CostLow

1.8% expense vs 2.2% category avg

ConsistencyLow

68% 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

Low expense ratio (1.77%) vs the Multi Cap Fund average of 2.19%

Concerns

1-year return (-0.34%) trails the Multi Cap Fund average (+4.33%)
3-year return (+7.94%) trails the Multi Cap Fund average (+12.27%)
5-year return (+6.08%) trails the Multi Cap Fund average (+10.32%)
Weaker risk-adjusted returns — Sharpe 0.09 below the Multi Cap Fund average of 0.30
Positive in only 68% of rolling 3-year windows

Key Metrics

Annual fee charged by the fund, already deducted from NAV

Category 2.19%

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

Category 27.20

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

0.09

Category 0.30▼0.21

Scheme Info

Definitions

Plan

Regular · IDCW

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

Exit Load

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

0.005%

SIP Inv.

Smallest recurring SIP instalment the scheme accepts

Smallest one-time (lumpsum) investment the scheme accepts

Benchmark

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)

+2.24%

Absolute return over the last 3 months (not annualized)

+5.16%

Absolute return over the last 6 months (not annualized)

+8.14%

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

+7.71%

Annualized returns (≥1Y — CAGR)

Definitions

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

-0.34%

3-year annualized return (CAGR)

+7.94%

5-year annualized return (CAGR)

+6.08%

10-year annualized return (CAGR)

+3.68%

Annualized return (CAGR) since the fund's inception

+2.50%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

15.96%

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

0.09

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

0.11

Largest peak-to-trough decline over full history

-69.50%

Benchmark ratios (vs Nifty 500 · 36 monthly returns)

Definitions

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

-3.30%

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

0.95

How much of the fund's movement Nifty 500 explains

69.7%

Excess return per unit of beta (market risk)

0.86

Active return over the benchmark per unit of tracking error

-0.45

Annualized std dev of fund-minus-benchmark returns

9.56%

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

96.7%

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

120.7%

Computed vs the Nifty 500 price index — the closest match to this fund's mandate. 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	+2.24%	+2.38%	-0.14%
3M abs	+5.16%	+7.49%	-2.33%
6M abs	+8.14%	+5.74%	+2.40%
1Y CAGR	-0.34%	+4.33%	-4.67%
3Y CAGR	+7.94%	+12.27%	-4.33%
5Y CAGR	+6.08%	+10.32%	-4.24%

Category average across peers in Multi Cap Fund (up to 27 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 27 peers in Multi Cap Fund

1Y return

-0.34%

Beats 29.6% · rank #20

3Y return

+7.94%

Beats 15% · rank #18

5Y return

+6.08%

Beats 14.3% · rank #7

Sharpe

0.09

Beats 18.5% · rank #23

Sortino

0.11

Beats 18.5% · rank #23

Rolling returns

Return for every possible 1Y holding period, not just today’s

This fundNifty 500

Average

+5.4%

Median

+1.1%

Best

+88.6%

Worst

-65.4%

Positive periods

55.4%

233 overlapping 1Y windows, sampled monthly across the fund’s history.

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.

-69.5%04 Jan 2008 → 09 Mar 2009
Fell over 14 months, back to the old high on 07 Sep 2021 — 12.5 years under water after the low.
-32.0%10 May 2006 → 14 Jun 2006
Fell over 35 days, back to the old high on 15 Oct 2007 — 16 months under water after the low.
-27.9%27 Sep 2024 → 23 Mar 2026
Still below that high — 18 months down, and no recovery yet.

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.

Calendar-year returns

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

Year	Fund	Nifty 500	Diff
2026part	+8.04%	-1.50%	+9.54%
2025	-3.45%	+6.69%	-10.14%
2024	+11.21%	+15.16%	-3.95%
2023	+24.56%	+25.76%	-1.20%
2022	-5.16%	+3.02%	-8.18%
2021	+24.04%	+30.19%	-6.15%
2020	-1.90%	+16.67%	-18.57%
2019	-4.37%	+7.66%	-12.03%
2018	-9.51%	-3.38%	-6.13%
2017	+13.66%	+35.91%	-22.25%

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.

Fund size over time

Quarterly average AUM · AMFI

₹17,214Cr

April - June 2026

+8%

since January - March 2026

At or near its largest, ₹17,214Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

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

₹7.06L

Absolute

+17.73%

XIRR

+6.67%

Value vs. invested

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

History points

5,019

Expense ratio

AUM

Portfolio turnover

Exit load

P/E ratio

P/B ratio

Avg market cap

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 Multicap FundThis fund ICICI Prudential	★☆☆☆☆	-0.34%	+7.94%	+6.08%	25.92	1.77%	₹17,214Cr
Bank of India Multi Cap Fund Bank of India	★★★★☆	+12.54%	+18.83%	—	23.39	2.55%	₹1,091Cr
Axis Multicap Fund Axis	★★★★★	+5.47%	+18.79%	—	31.04	1.98%	₹9,775Cr
LIC MF Multi Cap Fund LIC	★★★★☆	+10.61%	+18.47%	—	29.12	2.19%	₹1,895Cr
Union Multicap Fund Union	★★★★☆	+11.61%	+15.89%	—	30.48	2.58%	₹1,340Cr
Kotak Multicap Fund Kotak Mahindra	★★★★☆	-2.07%	+14.50%	—	15.81	1.83%	₹25,937Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap40.1%
Mid cap32.1%
Small cap27.8%

🚩Holdings under NSE surveillance (ASM)

5 holdings — 1.57% 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.

Astra Microwave Products LimitedLong-term · Stage I0.58%
Kirloskar Oil Engines LimitedLong-term · Stage I0.35%
Sansera Engineering LimitedLong-term · Stage I0.23%
Vedanta Iron and Steel LimitedLong-term · Stage I0.22%
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.

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 Multicap Fund?

As of 20 Aug 2026, the NAV of ICICI Prudential Multicap Fund is ₹35.07 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has ICICI Prudential Multicap Fund delivered?

ICICI Prudential Multicap Fund has returned -0.34% over 1 year, +7.94% per year over 3 years, +6.08% per year over 5 years and +2.50% 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 Multicap Fund?

ICICI Prudential Multicap Fund charges an expense ratio of 1.77% 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 Multicap Fund?

Its largest holdings are BSE Ltd (3.3%), Vedanta Aluminium Metal Ltd (3.2%), Ultratech Cement Ltd (2.6%), Interglobe Aviation Ltd (2.4%) and Jindal Steel & Power Ltd (2.2%). Holdings are disclosed monthly and change over time.

How risky is ICICI Prudential Multicap Fund?

It is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 16.0% and its worst peak-to-trough fall in our sample was -69.5%. 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 0.09 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential Multicap Fund's 0.09 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of ICICI Prudential Multicap Fund?

ICICI Prudential Multicap Fund is benchmarked against the AMFI Tier I benchmark – Nifty 500 Multicap 50:25:25 TRI. Its alpha and beta on this page are measured against that index.

Who manages ICICI Prudential Multicap Fund?

ICICI Prudential Multicap Fund is managed by Sharmila D'silva and Sankaran Naren at ICICI Prudential.

How is ICICI Prudential Multicap Fund taxed?

ICICI Prudential Multicap 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.