HealthyDirect · GrowthFit for a long SIP
ICICI Prudential Flexi Cap fund
ICICI Prudential Mutual FundEquity Schemes - Flexi Cap Fund5.3 years
The scheme seeks to generate long-term capital appreciation by investing predominately in equity & equity related instruments across market capitalization.
- NAV
- 20.63
- 27 Oct 2026
- 1Y
- -2.3%
- Trailing CAGR
- AUM
- ₹25,140.88 Cr
- 30 Sept 2026
- Volatility
- Medium
- 13.5% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 27 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · The fund beat the category median in 96% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Buy checklist
History depth
Pass
5.3 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.88% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -19.7%. Ask whether you can hold through a similar fall.
Vs category
Pass
96% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Sharmila D'Silva · 4.3 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 43.5% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 20%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
If you start a SIP here, diary a 90-day check and an annual review - don’t react to every NAV print.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-2.3%
- 3Y+15.0%
- 5Y+13.4%
- 10Yn/a
- SI+14.7%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+0.9%
- 3Y+7.0%
- 5Y+13.1%
- 10Yn/a
- Since inception
- +14.7%
- Calendar-day CAGR
- Excess 1Y
- +3.4%
- Category median, same plan and option
- 3Y win rate
- +96%
- Windows beating the median
- 3Y percentile
- 82
- Vs comparable share classes
- SIP 3Y XIRR
- +7.0%
- Simulated monthly SIP
- Worst rolling 3Y
- +13.8%
- 562 daily-ending windows
- Median rolling 3Y
- +19.9%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 69 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -19.7%
- Worst peak-to-trough
- Current
- -8.0%
- Below last peak
- Current spell
- 68 days
- Days below latest peak
- Time below peak
- +83%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 10 days
- 78 recovered episodes
- Longest recovery
- 201 days
- Trough to prior peak
27 Sept 2024 – 17 Sept 2025
Trough 28 Feb 2025 · recovered in 201 days
-19.7%
26 Nov 2025 – 6 Jul 2026
Trough 23 Mar 2026 · recovered in 105 days
-15.1%
13 Jan 2022 – 29 Jul 2022
Trough 20 Jun 2022 · recovered in 39 days
-12.3%
20 Aug 2026 – open
Trough 23 Oct 2026 · not recovered
-9.9%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
82
Vs category
71
Consistency
81
Risk-adjusted
58
Drawdown
51
Mean
69
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 96% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 83 holdings · top 10 are 43.5%.
- Top 5
- 28.8%
- Top 10
- 43.5%
- Largest holding
- 9.5%
- Effective holdings
- 32.3
TVS Motor Company Ltd
Consumer Discretionary
9.5%
ICICI Bank Ltd
Financial
6.9%
Maruti Suzuki India Ltd
Consumer Discretionary
4.5%
Avenue Supermarts Ltd
Consumer Staples
4.2%
Zomato Ltd
Technology
3.7%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
WhiteOak Capital Flexi Cap Fund
WhiteOak Capital Mutual Fund
- 1Y
- -3.2%
- 3Y
- +14.0%
- Vol
- 12.8%
- Max DD
- -15.6%
- Sharpe
- 0.73
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
360 ONE Flexicap Fund
360 ONE Mutual Fund
- 1Y
- +1.1%
- 3Y
- +16.4%
- Vol
- 14.9%
- Max DD
- -18.1%
- Sharpe
- 0.68
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Higher TER
Invesco India Flexi Cap Fund
Invesco Mutual Fund
- 1Y
- -4.3%
- 3Y
- +16.4%
- Vol
- 14.4%
- Max DD
- -19.4%
- Sharpe
- 0.69
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility
Mirae Asset Flexi Cap Fund
Mirae Asset Mutual Fund
- 1Y
- -3.6%
- 3Y
- +12.1%
- Vol
- 13.4%
- Max DD
- -16.1%
- Sharpe
- 0.64
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
Helios Flexi Cap Fund
Helios Mutual Fund
- 1Y
- -4.1%
- 3Y
- n/a
- Vol
- 16.4%
- Max DD
- -18.2%
- Sharpe
- 0.56
- 3Y win
- n/a
- Shallower drawdown
- Lower TER
Caveat: Higher volatility · Lower trailing returns