ICICI Prudential MidCap Fund - Growth

ICICI Prudential MidCap Fund - Growth is a scheme launched by ICICI Mutual Fund on October 28, 2004, and falls under the Mid Cap fund category. It currently manages an AUM of Rs 6,654.4 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 1.9% for managing the portfolio.

• Investing Strategy:

  The primary objective of the Scheme is to seek to generate capital appreciation by actively investing in diversified mid cap stocks. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

• Performance:

  ICICI Prudential MidCap Fund - Growth trailing returns over different times are 1.06% (1 year), 20.5% (3 year) and 26.79% (5 year). The average annual return of this fund stands at 4.97%.