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ICICI Prudential Multicap Fund - Complete Investment Guide, Latest NAV & Performance

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Comprehensive guide to ICICI Prudential Multicap Fund featuring latest NAV, fund managers, investment objective, performance analysis and expert insights for informed investment decisions.

Investment Objective and Approach

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. This fund is mandated to invest at least 25 per cent of its money each in stocks of large, medium and small-sized companies.

The fund follows a multi-cap investment strategy that aims to capitalize on growth opportunities across different market capitalizations. Such funds can be fairly volatile since at least 50% of their assets will always be invested in mid and small cap stocks which generally experience more severe ups and downs. This diversified approach helps in balancing risk while providing exposure to the entire market spectrum.

Key investment features include:

- Multi-cap allocation with mandatory exposure to large, mid and small cap stocks

- Focus on quality companies across various industries and sectors

- Long-term wealth creation through equity and equity-related instruments

- Professional fund management with research-driven stock selection

Fund Managers

Atul Patel, George Heber Joseph is the Current Fund Manager of ICICI Prudential Multicap Fund Direct Plan Growth fund. The fund managers bring extensive experience and expertise in equity markets.

The fund management team consists of seasoned professionals with strong educational backgrounds and years of market experience. Mr. Naren is a B.Tech from IIT Chennai and MBA (Finance)from IIM Kolkata, demonstrating the high caliber of professionals managing the fund. Prior to joining ICICI Prudential AMC he has worked with Refco Sify Securities India Pvt. Ltd., HDFC Securities Ltd. and Yoha Securities.

The fund managers follow a disciplined investment approach, focusing on:

- In-depth fundamental analysis of companies

- Sector allocation based on market opportunities

- Risk management through diversification

- Regular portfolio monitoring and rebalancing

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.

The Asset Management Company is well-established with:

- ICICI Bank and Prudential Plc are the sponsors of ICICI Prudential Mutual Fund

- It has ICICI Prudential Trust Limited as the Trustee

- Strong track record of over 30 years in the Indian mutual fund industry

- Comprehensive range of mutual fund schemes across categories

- Robust research capabilities and investment processes

ICICI Prudential AMC is one of India's leading fund houses, managing assets across equity, debt, and hybrid categories. The company has built a reputation for consistent performance and professional fund management.

Should I Invest in ICICI Prudential Multicap Fund?

This fund can be suitable for investors with the following characteristics:

Ideal for:

- Long-term investors with investment horizon of 5+ years

- Investors seeking diversified equity exposure across market caps

- Those comfortable with high risk for potentially higher returns

- Investors looking for professional fund management

Key considerations:

- The ICICI Prudential Multicap Fund Direct Plan Growth is rated Very High risk

- Warning: Do not invest in this, or any other multi-cap fund, if you need to redeem your investment in less than five years

- Like for all equity funds, you must invest only through the SIP route

Financial highlights as of August 2025:

- The fund currently has an Asset Under Management(AUM) of ₹9,87,232 Cr and the Latest NAV as of 22 Aug 2025 is ₹887.27

- Over the past five years, ICICI Prudential Multicap Fund has delivered an annualised return of 23.76% as of 23-Aug-2025

- The fund has an expense ratio of 1.74, which is quite reasonable as compared to most other equity mutual fund schemes

The fund's strong performance track record, experienced management team, and diversified investment approach make it a compelling option for equity investors. However, investors should carefully assess their risk tolerance and investment timeline before investing.

FAQs

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

The NAV fluctuates daily based on market conditions. You can check the current NAV on financial websites or through the Allvest platform for real-time updates.

What is the AUM of ICICI Prudential Multicap Fund?

The fund currently has an Asset Under Management(AUM) of ₹9,87,232 Cr as of August 2025, making it one of the larger mutual funds in the multi-cap category.

What is the expense ratio of ICICI Prudential Multicap Fund?

The fund has an expense ratio of 1.74, which covers fund management and administrative costs.

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

Over the past five years, ICICI Prudential Multicap Fund has delivered an annualised return of 23.76% as of 23-Aug-2025. Past performance doesn't guarantee future returns.

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

Minimum SIP Investment is set to ₹100, making it accessible for small investors to start their investment journey.

How do I invest in ICICI Prudential Multicap Fund?

You can invest through Allvest platform, which offers a convenient online process for starting investments in mutual funds with proper KYC documentation.

How to start a SIP in ICICI Prudential Multicap Fund?

Through Allvest, you can easily set up a SIP by selecting the fund, choosing investment amount, and setting up auto-debit instructions from your bank account.

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

Allvest provides automated SIP facility where your chosen amount gets automatically invested monthly through bank mandate, ensuring disciplined investing without manual intervention.

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

You can redeem your investment through Allvest platform online. Exit load of 1% if redeemed within 12 months applies for early withdrawals.