Investment Objective and Approach

ICICI Prudential Large Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993. The fund focuses on generating long-term capital appreciation by investing primarily in equity and equity-related securities of large-cap companies.

The fund follows a growth-oriented investment approach, targeting companies with strong fundamentals and growth potential within the large-cap segment. As a large-cap fund, it typically invests in companies ranked among the top 100 by market capitalization, providing investors with exposure to well-established, financially stable companies.

Key investment features:

- Minimum SIP Investment is set to ₹100

- Minimum Lumpsum Investment is ₹100

- Exit load of 1% if redeemed upto 1 year

Fund Managers

S Naren, Rajat Chandak is the Current Fund Manager of ICICI Prudential Large Cap Fund Direct Growth fund.

S. Naren is one of India's most respected fund managers with decades of experience in equity research and fund management. He brings extensive expertise in identifying value opportunities across market capitalizations.

Rajat Chandak has significant experience in equity research and portfolio management. Prior to joining ICICI Prudential AMC Ltd, he has worked with Morgan Stanley, HSBC Global Banking and Markets, CRISIL, Zinnov Mangement Consulting and Citibank Singapore.

The fund management team follows a disciplined investment process combining quantitative analysis with fundamental research to identify investment opportunities in large-cap stocks.

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 Bank and Prudential Plc are the sponsors of ICICI Prudential Mutual Fund. It has ICICI Prudential Trust Limited as the Trustee. ICICI Prudential Asset Management Company Limited Details · No. of schemes185 ... AddressICICI Prudential Asset Mgmt.Company Limited, 3rd Floor, Hallmark Business Plaza, Mumbai, Maharashtra, 400 051

The AMC combines ICICI Bank's deep understanding of the Indian market with Prudential's global investment expertise, making it one of India's leading asset management companies. With a comprehensive range of mutual fund schemes across asset classes, ICICI Prudential AMC manages substantial assets and serves millions of investors across the country.

Key highlights:

- The fund currently has an Asset Under Management(AUM) of ₹9,87,232 Cr and the Latest NAV as of 26 Aug 2025 is ₹120.95

- The fund has an expense ratio of 1.42, which is quite reasonable as compared to most other equity mutual fund schemes

Should I Invest in ICICI Prudential Large Cap Fund?

This fund may be suitable for investors seeking:

Growth Potential: Large-cap funds typically offer steady long-term growth with relatively lower volatility compared to mid and small-cap funds. Over the past five years, ICICI Prudential Large Cap Fund has delivered an annualised return of 21.80% as of 27-Jul-2025.

Stability: Large-cap companies are generally more stable and less volatile, making this fund appropriate for conservative to moderate risk investors looking for equity exposure.

Professional Management: The fund is managed by experienced professionals with proven track records in equity research and portfolio management.

Accessibility: With a minimum SIP amount of just ₹100, the fund is accessible to investors across income levels.

Considerations:

- The ICICI Prudential Large Cap Fund Direct Growth is rated Very High risk

- Equity investments are subject to market risks and volatility

- Past performance doesn't guarantee future returns

- Consider your risk tolerance and investment horizon before investing

FAQs

What is today's NAV of ICICI Prudential Large Cap Fund?

The Latest NAV as of 26 Aug 2025 is ₹120.95. NAV changes daily based on market movements and is updated after market closure.

What is the AUM of ICICI Prudential Large Cap Fund?

The fund currently has an Asset Under Management(AUM) of ₹9,87,232 Cr as of August 26, 2025, making it one of the largest large-cap funds in India.

What is the expense ratio of ICICI Prudential Large Cap Fund?

The fund has an expense ratio of 1.42, which covers fund management fees, administrative costs, and other operational expenses.

What are the returns of ICICI Prudential Large Cap Fund since inception?

ICICI Prudential Large Cap Fund Direct-Growth scheme return performance in last 1 year is 1.78%, in last 3 years is 67.33% and 548.18% since scheme launch.

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

Minimum SIP Investment is set to ₹100. This makes the fund accessible to investors with modest investment amounts.

How do I invest in ICICI Prudential Large Cap Fund?

You can invest through Allvest's platform online, directly through ICICI Prudential's website, or through registered mutual fund distributors. Complete your KYC and start investing.

How to start a SIP in ICICI Prudential Large Cap Fund?

Register with Allvest, complete your KYC, select the fund, choose SIP option, set investment amount (minimum ₹100), and authorize auto-debit for regular investments.

How do I automate an SIP in ICICI Prudential Large Cap Fund?

Set up auto-debit mandate through Allvest by providing bank details and authorization. Your SIP will automatically debit from your account on chosen dates.

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

Log into your Allvest account, select the fund, choose redemption option, specify amount/units to redeem. Exit load of 1% if redeemed upto 1 year.