ICICI Pru Midcap Fund(G)
View the direct plan of this scheme
Rs 275.8 2.4(0.878 %) NAV as on 19 Nov 2024Scheme Objective: The primary objective of the Scheme is to seek to generate capital appreciation by actively investing in diversified mid cap stocks.
Performance (As on 19 Nov 2024)
6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
---|---|---|---|---|---|
Scheme | 4.58 % | 36.90 % | 18.23 % | 23.86 % | 17.97 % |
Nifty Midcap 150 | 4.68 % | 29.73 % | 19.93 % | 26.57 % | N/A |
Portfolio
Mid-cap funds invest in stocks from the 101st to the 250th in terms of market capitalisation. As they invest in stocks of smaller companies, they tend to be volatile but can deliver very strong returns during market uptrends. The Nifty Midcap 100, Nifty Midcap 150 or the BSE Midcap can be used as benchmarks to measure performance.
Midcap funds suit investors with moderate to high risk appetites. The minimum period for which these funds need to be held is 5 years. Higher risk investors with longer timeframes can allocate more to these funds.