MonitorDirect · GrowthWatch before adding
ICICI Prudential Multi Cap Fund
ICICI Prudential Mutual FundEquity Schemes - Multi Cap Fund13.8 years
The scheme seeks to generate capital appreciation through investments in equity & equity related instrument across large cap, mid cap and small cap stocks of various industries.
- NAV
- 889.50
- 29 Oct 2026
- 1Y
- -2.3%
- Trailing CAGR
- AUM
- ₹18,717.26 Cr
- 30 Sept 2026
- Volatility
- Medium
- 15.4% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Prefer peers if · Prefer Axis Multicap Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
1.01% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Watch
Peak-to-trough -38.9%. Ask whether you can hold through a similar fall.
Vs category
Fail
26% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Lalit Kumar · 1.2 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 ≈ 24.4% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
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 39%. 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
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
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+13.9%
- 5Y+12.7%
- 10Y+13.8%
- SI+15.3%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-3.5%
- 3Y+4.3%
- 5Y+12.0%
- 10Y+14.9%
- Since inception
- +15.3%
- Calendar-day CAGR
- Excess 1Y
- +1.7%
- Category median, same plan and option
- 3Y win rate
- +26%
- Windows beating the median
- 3Y percentile
- 44
- Vs comparable share classes
- SIP 3Y XIRR
- +4.3%
- Simulated monthly SIP
- Worst rolling 3Y
- -7.9%
- 2653 daily-ending windows
- Median rolling 3Y
- +17.6%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2160 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -38.9%
- Worst peak-to-trough
- Current
- -10.3%
- Below last peak
- Current spell
- 64 days
- Days below latest peak
- Time below peak
- +87%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 16 days
- 161 recovered episodes
- Longest recovery
- 433 days
- Trough to prior peak
17 Jan 2020 – 1 Dec 2020
Trough 23 Mar 2020 · recovered in 253 days
-38.9%
14 Aug 2015 – 27 Jun 2016
Trough 25 Feb 2016 · recovered in 123 days
-17.3%
27 Sept 2024 – 22 Apr 2026
Trough 28 Feb 2025 · recovered in 418 days
-17.2%
9 Nov 2021 – 12 Sept 2022
Trough 20 Jun 2022 · recovered in 84 days
-17.0%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
44
Vs category
61
Consistency
31
Risk-adjusted
57
Drawdown
3
Mean
39
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Maximum drawdown exceeded 35%.
Supporting reads
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 169 holdings · top 10 are 24.4%.
- Top 5
- 13.3%
- Top 10
- 24.4%
- Largest holding
- 2.8%
- Effective holdings
- 78.6
Vedanta Aluminium Metal Ltd
Materials
2.8%
Apar Industries Ltd
Diversified
2.8%
Interglobe Aviation Ltd
Industrials
2.6%
BSE Ltd
Financial
2.5%
Ultratech Cement Ltd
Materials
2.5%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Axis Multicap Fund
Axis Mutual Fund
- 1Y
- +4.0%
- 3Y
- +18.9%
- Vol
- 14.0%
- Max DD
- -18.1%
- Sharpe
- 0.70
- 3Y win
- +96%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
HSBC Multi Cap Fund
HSBC Mutual Fund
- 1Y
- +0.7%
- 3Y
- +16.7%
- Vol
- 15.2%
- Max DD
- -20.1%
- Sharpe
- 0.94
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
WhiteOak Capital Multi Cap Fund
WhiteOak Capital Mutual Fund
- 1Y
- +0.1%
- 3Y
- +17.8%
- Vol
- 14.5%
- Max DD
- -16.9%
- Sharpe
- 0.76
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Kotak Multi Cap Fund
Kotak Mahindra Mutual Fund
- 1Y
- -4.1%
- 3Y
- +15.8%
- Vol
- 15.5%
- Max DD
- -21.0%
- Sharpe
- 0.63
- 3Y win
- +97%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility
Mahindra Manulife Multi Cap Fund
Mahindra Manulife Mutual Fund
- 1Y
- +3.5%
- 3Y
- +16.1%
- Vol
- 17.0%
- Max DD
- -34.4%
- Sharpe
- 0.68
- 3Y win
- +75%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility