ICICI Multicap Fund

ICICI Multicap Fund Facts

The ICICI Multicap Fund was launched on 24/08/1994. And currently, this fund manages (as of 16/11/2021) around ₹6,585 Cr (AUM).

ICICI Prudential Asset Management Company Ltd. manages this fund. This is a joint venture between ICICI Bank, Indian Bank, and Prudential Plc, a financial service company in the UK.

This fund offers two types of plans:

• Growth Plan

• Income Distribution cum capital withdrawal plan or IDCW. 

IDCW further offers investment options like Payout of Income Distribution cum capital withdrawal plan, Reinvestment of Income Distribution cum capital withdrawal plan.

Asset Allocation of ICICI Multicap fund

Investment Objective

This fund aims to create wealth over a medium to long-term tenure. This fund focus on holding the best exposure in large, mid, and small-cap stocks depending on the fund manager's view on local and global market valuations.

Fund Summary

1. ICICI Multicap Fund (Regular–Growth):

   • Expense ratio - 1.94%

   • Exit Load - 1.0% (If Redeemed before the expiry of 365 days from the allotment date of the fund units)

   • AUM (Fund Size) - ₹ 6,585 Cr

   • Lock-in period - No Lock-in period

   • Age of the fund - The ICICI Multicap Fund (Regular–Growth) was launched on 24/08/1994

   • Benchmark Index is Nifty 500 Multicap 50:25:25 TRI

   • Minimum Investment - Minimum SIP is ₹1000 & Minimum Lumpsum is ₹5000

2. ICICI Multicap Fund (Direct-Growth):

   • Expense ratio - 1.05%

   • Exit Load - 1.0% (If Redeemed before the expiry of 365 days from the allotment date of the fund units)

   • AUM (Fund Size) - ₹ 6,585 Cr

   • Lock-in period - No Lock-in period

   • Age of the fund - The ICICI Multicap Fund (Direct-Growth) was launched on 01/01/2013

   • Benchmark Index is Nifty 500 Multicap 50:25:25 TRI

   • Minimum Investment - Minimum SIP is ₹100 & Minimum Lumpsum is ₹5000

Fund Return Summary

1. Returns of ICICI Multicap Fund (Regular–Growth) (as of 16/11/2021):

   1 year	58.22%
   3 years	18.54%
   5 years	16.11%
   10 years	16.82%
   Since Inception	15.20%

   *Returns are subject to change. The investment risk in the investment portfolio is borne by the policyholder.

2. Returns of ICICI Multicap Fund (Direct-Growth) (as of 16/11/2021) –

   1 year	59.64%
   3 years	19.66%
   5 years	17.29%
   Since Inception	17.12%

   *Returns are subject to change. The investment risk in the investment portfolio is borne by the policyholder.

Pros and Cons

The table shows some pros and cons of the fund that you must consider while investing.

Benefits of ICICI Multicap Fund

Some benefits of the fund are:

• A mix of market cap – The mix of large-cap, mid-cap, and small-cap allows the investor to have exposure in all the equity market segments. This strategy also reduces the risk of volatility and may help to earn a better return.

• Medium-term to long term – This fund aims to provide capital appreciation to its investors over a medium to long-term period. This strategy is helpful for investors because it reduces the risk of volatility and generates good returns.

• Consistent Returns – The ICICI Multicap Fund has delivered good returns over the years. These returns are records and do not guarantee any future returns. However, they help the investors analyze the performance and ability of the fund house and the fund managers.

• No lock-in period – This fund does not have any lock-in period, so you can redeem or sell your fund units anytime you want.

• Low Exit load and Expense Ratio – Lower exit load and expense ratio can help you to improve your overall returns. 

This fund has an expense ratio of 1.05% for Direct growth and 1.94% for Regular growth. Exit Load is 1.0% (If Redeemed before the expiry of 365 days from the allotment date of the fund units, otherwise 0%).

Holdings of the Fund

The top 10 holdings of ICICI Multicap Fund are:

*The holdings in the portfolio mentioned above are according to Oct 31, 2021.

In Conclusion

The ICICI Multicap Fund invests in equity market funds of multiple market caps. This fund has a strategy for its investment. They combine both the top-down and bottom-up methods for analysis. 

Know more about your fund from a professional before making the final decision.

FAQ's