ICICI Prudential Nifty Midcap 150 Index Fund - Growth

ICICI Prudential Nifty Midcap 150 Index Fund - Growth is a fund scheme from ICICI mutual fund. It falls under a Index category. After being launched on 2021-12-22. ICICI Prudential Nifty Midcap 150 Index Fund - Growth has achieved Rs 613.55 Crores worth of assets under management (AUM). It allows minimum SIP of Rs 100 and lumpsum of Rs 100 to start the investment. The expense ratio of this fund is 0.92%.

• Investing Strategy:

  The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty Midcap 150 Index before expenses, subject to tracking errors.

• Performance:

  ICICI Prudential Nifty Midcap 150 Index Fund - Growth trailing returns over different times are 4.56% (1 year), 20.35% (3 year), 0% (5 year). The average annual return of this fund stands at 4.56%

• Fund Manager & Portfolio Allocation:

  Kayzad Eghlim, Nishit Patel, Priya Sridhar, Ajay Kumar Solanki are the current fund managers of this mutual fund. The fund has a majority of its money invested in the top 5 sectors such as Financial Services, Industrials, Consumer Cyclical, Basic Materials, Healthcare, Sectors. First five holdings of this fund are Max Healthcare Institute Ltd Ordinary Shares, BSE Ltd, Suzlon Energy Ltd, Indian Hotels Co Ltd, Persistent Systems Ltd, Treps, Net Current Assets Companies.