Investment Objective and Approach

The ICICI Prudential Flexicap Fund seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments across market capitalizations. The fund's flexible approach allows it to invest across large-cap, mid-cap, and small-cap stocks based on market conditions and opportunities.

As a flexicap fund, it has the flexibility to invest across small-cap, mid-cap, and large-cap stocks according to existing market conditions. The majority of funds are invested in large-cap stocks, with the rest allocated to mid-cap stocks, small-cap stocks, and debt securities (including a small portion in government securities).

The fund follows a diversified investment approach, allowing the fund manager to capitalize on opportunities across different market segments while maintaining appropriate risk management through diversification.

Fund Managers

Rajat Chandak is the current Fund Manager of ICICI Prudential Flexicap Fund. Mr. Chandak started his career with ICICI Prudential AMC and has been with the AMC ever since, carrying an overall work experience of more than 15 years. He completed B.Com from Sydenham College of Commerce and Economics in 2005 and MBA in Finance from Institute for Financial Management and Research (IFMR) in 2008.

Additional fund management support is provided by other experienced professionals within the ICICI Prudential AMC team, ensuring robust portfolio management and research capabilities.

About the Fund House (AMC)

ICICI Prudential Mutual Fund was started as a joint venture between ICICI Bank and Prudential Plc of the United Kingdom (UK) in 1993. Prudential Plc is one of the largest companies in the financial services space in the UK. ICICI Prudential Mutual Fund commenced operations after registering with SEBI, Securities and Exchange Board of India which is the capital market regulator in India.

ICICI Prudential Asset Management Company Ltd. is the leading AMC in the country. The AMC is a joint venture between ICICI Bank and Prudential Plc, one of the UK's largest players in the financial services sectors. ICICI Prudential Mutual Fund Asset management company has an AUM of ₹9,14,878.16 Cr as of recent data, managing 362 schemes across various categories.

The fund house has established itself as one of India's premier asset management companies with a strong track record in fund management and investor services.

Should I Invest in ICICI Prudential Flexicap Fund?

The ICICI Prudential Flexicap Fund may be suitable for investors seeking long-term capital appreciation with moderate to high risk tolerance. Here are key considerations:

Suitable for:

- Investors with investment horizon of at least 3-5 years

- Those seeking diversified equity exposure across market capitalizations

- Investors comfortable with equity market volatility

- Long-term wealth creation goals

Key Fund Metrics (as of August 2025):

- AUM: ₹9,87,232 Cr as of 13 Aug 2025

- CAGR since inception: 17.95%

- Minimum SIP: ₹100, Minimum Lumpsum: ₹5,000

- Exit load: 1% if redeemed within 12 months

If you are looking for an investment opportunity that lasts at least 3-4 years, you may consider the ICICI Prudential Flexicap Fund Direct Plan-Growth. However, investors should carefully assess their risk profile and investment objectives before investing.

FAQs

What is today's NAV of ICICI Prudential Flexicap Fund?

The NAV changes daily. The latest declared NAV is ₹18.3400 as of 14-Aug-2025 for the regular plan. Please check the latest NAV from your investment platform or the fund house website.

What is the AUM of ICICI Prudential Flexicap Fund?

The fund currently has an Asset Under Management (AUM) of ₹9,87,232 Cr as of 13 Aug 2025. AUM figures are updated monthly by the fund house.

What is the expense ratio of ICICI Prudential Flexicap Fund?

The fund has an expense ratio of 1.69% for the regular plan, while the direct plan has an expense ratio of 0.77% as of recent data.

What are the returns of ICICI Prudential Flexicap Fund since inception?

The fund has delivered a CAGR of 17.95% since inception. The fund was launched on 28-06-2021, making it a relatively new scheme.

What is the minimum SIP amount to invest in ICICI Prudential Flexicap Fund?

The minimum SIP amount is ₹100, making it accessible for investors who want to start with small amounts.

How do I invest in ICICI Prudential Flexicap Fund?

You can invest through Allvest's platform by selecting the fund, choosing SIP or lumpsum, entering the amount, and completing the payment process. You can also invest directly through the fund house website or other registered platforms.

How to start a SIP in ICICI Prudential Flexicap Fund?

To start a SIP through Allvest, select the fund, choose SIP option, set your monthly investment amount (minimum ₹100), select the date, and complete the mandate setup for automatic debits.

How do I automate an SIP in ICICI Prudential Flexicap Fund?

Set up an auto-debit mandate through Allvest's platform by providing your bank details and authorizing automatic monthly debits. This ensures uninterrupted SIP investments without manual intervention each month.

How can I withdraw/redeem my investment in ICICI Prudential Flexicap Fund?

You can redeem your investment through Allvest's platform by placing a redemption request. Note that there's a 1% exit load if redeemed within 12 months. Redemption proceeds are typically credited within 3-5 working days.