EquitySectoral/ ThematicRegularGrowthVery High

ICICI Prudential Conglomerate Fund

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

As of 05 Oct 2026, the NAV of ICICI Prudential Conglomerate Fund is ₹9.78 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has ICICI Prudential Conglomerate Fund delivered?

ICICI Prudential Conglomerate Fund has returned -2.30% 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 Conglomerate Fund?

ICICI Prudential Conglomerate Fund charges an expense ratio of 2.46% 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 Conglomerate Fund?

ICICI Prudential Conglomerate Fund's largest holdings are Mahindra & Mahindra Ltd. (8.2%), CG Power and Industrial Solutions Ltd. (7.9%), Ultratech Cement Ltd. (6.3%), TVS Motor Company Ltd. (4.5%) and APL Apollo Tubes Ltd. (4.2%). Holdings are disclosed monthly and change over time.

Q: How risky is ICICI Prudential Conglomerate Fund?

ICICI Prudential Conglomerate Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 17.9% and its worst peak-to-trough fall in our sample was -14.1%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

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

ICICI Prudential Conglomerate Fund is benchmarked against the BSE Select Business Group Index. Its alpha and beta on this page are measured against that index.

Q: Who manages ICICI Prudential Conglomerate Fund?

ICICI Prudential Conglomerate Fund is managed by Lalit Kumar at ICICI Prudential.

Q: How is ICICI Prudential Conglomerate Fund taxed?

ICICI Prudential Conglomerate 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 Sectoral & Thematic Mutual Funds

NAV

₹9.78

+0.62% 1D

as of 05 Oct 2026

This is the Regular plan of ICICI Prudential Conglomerate 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.

Compare SIP calculator

Performance

-2.30%absolute

52-week rangePrev NAV ₹9.72

Latest ₹9.78

Low ₹8.8749th percentile of its 52-week rangeHigh ₹10.71

Scorecard

Not rated

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. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.

Performance—

Not enough Sectoral/ Thematic peers to rank yet

RiskHigh

Volatility 17.9% vs 15.6% category avg

CostAverage

2.5% expense vs 2.5% category avg

Consistency—

Not enough history for a rolling 3Y view

Strengths & concerns

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

Strengths

No standout strengths identified.

Concerns

Trails the Sectoral/ Thematic average on 1M/3M/6M
More volatile than its Sectoral/ Thematic peers (17.9% vs 15.6%)

Key Metrics

Annual fee charged by the fund, already deducted from NAV

2.46%

Category 2.46%0.00%

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

27.46

Category —

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

—

Category 0.36

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 switched out is invested for a period of up to one month from the date of allotment. • NIL – If the amount sought to be redeemed or switched out is invested for a period of more than one month from the date of allotment

1.00%

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

₹1,000

BSE Select Business Group Index

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.

27 Oct 2025

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

Definitions

Absolute return over the last 1 month (not annualized)

-5.60%

Absolute return over the last 3 months (not annualized)

-4.12%

Absolute return over the last 6 months (not annualized)

+8.31%

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

-2.69%

Annualized returns (≥1Y — CAGR)

Definitions

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

—

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

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.

-2.30%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

17.86%

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

—

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

—

Largest peak-to-trough decline over full history

-14.05%

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

—

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

—

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

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

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

—

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

—

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 (Sectoral/ Thematic)

Period	Fund	Category avg.	Diff
1M abs	-5.60%	-4.57%	-1.03%
3M abs	-4.12%	-2.61%	-1.51%
6M abs	+8.31%	+11.41%	-3.10%
1Y CAGR	—	+2.14%	—
3Y CAGR	—	+12.50%	—
5Y CAGR	—	+10.82%	—

Category average across peers in Sectoral/ Thematic (up to 255 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.

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

₹1.10L

Current value

₹1.08L

Absolute

-2.08%

XIRR

-4.93%

Value vs. invested

ValueInvested

11 monthly installments of ₹10,000 into ICICI Prudential Conglomerate 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	-2.69%	-7.18%	+4.49%
2025part	+0.40%	—	—

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

233

Expense ratio

2.46%

AUM

₹817.68Cr

Portfolio turnover

41%

Exit load

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

P/E ratio

27.5

P/B ratio

4.6

Avg market cap

₹1,93,173Cr

P/E & P/B are portfolio-weighted harmonic means across 37 of 42 equity holdings (87% 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 · Sectoral/ Thematic

Compare all


ICICI Prudential Conglomerate FundThis fund ICICI Prudential · Regular · Growth	—	—	—	—	—	2.46%	₹817.68Cr
Nippon India Taiwan Equity Fund Nippon India · Regular · Growth	★★★★☆	+125.07%	+61.55%	—	—	2.34%	₹1,110Cr
HDFC Defence Fund HDFC · Regular · Growth	★★★★☆	+19.02%	+34.59%	—	—	1.79%	₹9,371Cr
HDFC Pharma and Healthcare Fund HDFC · Regular · Growth	★★★★★	+24.17%	+28.28%	—	—	2.11%	₹2,282Cr
Franklin Asian Equity Fund Franklin Templeton · Regular · Growth	★★★☆☆	+31.28%	+23.90%	+8.86%	—	2.47%	₹720.84Cr
Nippon India Japan Equity Fund Nippon India · Regular · Growth	★★★☆☆	+28.99%	+22.97%	+10.76%	—	2.50%	₹330.20Cr

Market-cap allocation · AMFI bands, Jul 2026

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

Large cap60.8%
Mid cap27.8%
Small cap11.4%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity95.22%
Cash & Equivalents4.78%

which companies this fund invests in

As on 31 Aug 2026 · AMC disclosure

Mahindra & Mahindra Ltd.

8.18%

CG Power and Industrial Solutions Ltd.

7.90%

Ultratech Cement Ltd.

6.31%

TVS Motor Company Ltd.

4.51%

APL Apollo Tubes Ltd.

4.18%

Cholamandalam Investment And Finance Company Ltd.

4.09%

JSW Steel Ltd.

3.90%

Bajaj Finance Ltd.

3.88%

Samvardhana Motherson International Ltd.

3.55%

Coromandel International Ltd.

3.28%

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

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Baroda BNP Paribas Business Conglomerates Fund Baroda BNP Paribas · Sectoral/ Thematic	32.5%	★★☆☆☆	0.93%	—
Tata BSE Select Business Groups Index Fund Tata · Index Funds	32.0%	★★☆☆☆	0.39%	—
Aditya Birla Sun Life Conglomerate Fund Aditya Birla Sun Life · Sectoral/ Thematic	29.0%	★★☆☆☆	1.05%	—
ICICI Prudential Multi Cap Fund ICICI Prudential · Multi Cap Fund	27.4%	★★★☆☆	1.01%	+14.31%
ICICI Prudential Manufacturing Fund ICICI Prudential · Sectoral/ Thematic	26.5%	★★★★☆	1.17%	+18.71%
ICICI Prudential Commodities Fund ICICI Prudential · Sectoral/ Thematic	26.1%	★★★★☆	1.04%	+14.09%
Motilal Oswal Arbitrage Fund Motilal Oswal · Arbitrage Fund	25.7% of 73% equity	★★★★★	0.99%	—
Nippon India Nifty India Manufacturing ETF Nippon India · Other ETFs	25.1%	—	0.28%	—

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.

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.

-14.1%26 Feb 2026 → 23 Mar 2026
Fell over 25 days, back to the old high on 07 May 2026 — 1 months under water after the low.
-9.2%10 Aug 2026 → 01 Oct 2026
Still below that high — 2 months down, and no recovery yet.
-6.9%07 May 2026 → 11 Jun 2026
Fell over 35 days, back to the old high on 21 Jul 2026 — 40 days 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.

Fund size over time

Quarterly average AUM · AMFI

₹817.68Cr

April - June 2026

-4%

since January - March 2026

−₹13.38Cr

est. net flow, last quarter

At or near its largest, ₹851.97Cr in January - March 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.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

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 KumarStart date not disclosed

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 (1)

ICICI Prudential Mid Cap Fund

All schemes Lalit Kumar runs →

Fund manager, benchmark and dealing terms from 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

Top holdings

Mahindra & Mahindra Ltd.CG Power and Industrial Solutions Ltd.Ultratech Cement Ltd.TVS Motor Company Ltd.APL Apollo Tubes Ltd.Cholamandalam Investment And Finance Company Ltd.JSW Steel Ltd.Bajaj Finance Ltd.Samvardhana Motherson International Ltd.Coromandel International Ltd.Ambuja Cements Ltd.Voltas 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.

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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 Sectoral & Thematic funds

Sectoral and thematic funds must keep at least 80% in the equity of one sector (banking, pharma, technology) or one theme (consumption, manufacturing, ESG). That concentration is the point and the risk: with no mandate to diversify away from the sector, the fund rises and falls with it.

Frequently asked questions

What is the NAV of ICICI Prudential Conglomerate Fund?

As of 05 Oct 2026, the NAV of ICICI Prudential Conglomerate Fund is ₹9.78 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has ICICI Prudential Conglomerate Fund delivered?

ICICI Prudential Conglomerate Fund has returned -2.30% 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 Conglomerate Fund?

ICICI Prudential Conglomerate Fund charges an expense ratio of 2.46% 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 Conglomerate Fund?

ICICI Prudential Conglomerate Fund's largest holdings are Mahindra & Mahindra Ltd. (8.2%), CG Power and Industrial Solutions Ltd. (7.9%), Ultratech Cement Ltd. (6.3%), TVS Motor Company Ltd. (4.5%) and APL Apollo Tubes Ltd. (4.2%). Holdings are disclosed monthly and change over time.

How risky is ICICI Prudential Conglomerate Fund?

ICICI Prudential Conglomerate Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 17.9% and its worst peak-to-trough fall in our sample was -14.1%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of ICICI Prudential Conglomerate Fund?

ICICI Prudential Conglomerate Fund is benchmarked against the BSE Select Business Group Index. Its alpha and beta on this page are measured against that index.

Who manages ICICI Prudential Conglomerate Fund?

ICICI Prudential Conglomerate Fund is managed by Lalit Kumar at ICICI Prudential.

How is ICICI Prudential Conglomerate Fund taxed?

ICICI Prudential Conglomerate 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.