₹10,000 in ICICI Prudential Large Cap Fund three years ago is ₹12,915 now (12 Oct 2026). 1-year −9.10%, 3-year 8.89% a year.
Returns as of: 12 October 2026
- ₹10,000 put in three years ago is worth ₹12,915 now
- 1-year return: −9.10%, lower than the category average of −6.02%
- 3-year return: 8.89% a year, higher than the category average of 8.60%
- Expense ratio (Direct plan): 1.01%, lower than the category average of 1.16%
- Assets: ₹76,352 crore at 30 September 2026
- Largest holding: ICICI Bank Ltd., 8.92% of the fund; the top ten are 45.67%
- Volatility over three years: 13.03% a year
A ₹10,000 investment in the ICICI Prudential Large Cap Fund three years ago is worth ₹12,915 now. The fund returned −9.10% over the past year within the Equity – Large Cap Fund category. The expense ratio was 1.01%. Assets were ₹76,352 crore at 30 September 2026.
ICICI Prudential Large Cap Fund: key details
| Fund house | ICICI Prudential Mutual Fund |
| Category | Equity – Large Cap Fund |
| Benchmark | NIFTY 100 – TRI |
| Expense ratio (Direct plan) | 1.01% |
| Assets | ₹76,352 crore (30 September 2026) |
| Minimum investment | ₹100 |
| Minimum SIP | ₹20 |
| Exit load | 1% on or before 1M, Nil after 1M |
| Fund managers | Sankaran Naren, Vaibhav Dusad, Sharmila Dsilva |
ICICI Prudential Large Cap Fund: returns
| Period | Fund return | Category average | Rank in category |
|---|---|---|---|
| 1 week | −0.71% | – | – |
| 1 month | −3.84% | – | – |
| 3 months | −7.12% | – | – |
| 6 months | −5.48% | – | – |
| 1 year (a year) | −9.10% | −6.02% (33 funds) | 30 of 33 |
| 3 years (a year) | 8.89% | 8.60% (30 funds) | 12 of 30 |
| 5 years (a year) | 9.48% | – | – |
The 1-year return of −9.10% is lower than the category average of −6.02%. Over three years, the fund returned 8.89% a year, which is higher than the category average of 8.60%.
Assets over recent months
| Month | Assets (₹ crore) |
|---|---|
| 30 April 2026 | 75,650 |
| 31 May 2026 | 76,297 |
| 30 June 2026 | 79,421 |
| 31 July 2026 | 80,960 |
| 31 August 2026 | 80,206 |
| 30 September 2026 | 76,352 |
Volatility and largest fall
| Measure | Fund | Category median |
|---|---|---|
| Volatility (annualised) | 13.03% | 14.00% |
| Largest fall from a high (26 September 2024 to 4 March 2025) | −15.39% | −16.52% |
The fund recorded a volatility of 13.03% a year, which is lower than the category median of 14.00%. Its largest fall from a high was −15.39%, smaller than the category median of −16.52%.
Portfolio: top holdings
| Holding | Sector | Weight | Value (₹ crore) |
|---|---|---|---|
| ICICI Bank Ltd. | Banks | 8.92% | 6,810 |
| HDFC Bank Ltd. | Banks | 8.44% | 6,442 |
| Reliance Industries Ltd. | Petroleum Products | 5.46% | 4,166 |
| Bharti Airtel Ltd. | Telecom – Services | 4.21% | 3,213 |
| Axis Bank Ltd. | Banks | 4.14% | 3,161 |
| Larsen & Toubro Ltd. | Construction | 3.82% | 2,915 |
| Ultratech Cement Ltd. | Cement & Cement Products | 2.92% | 2,233 |
| Maruti Suzuki India Ltd. | Automobiles | 2.67% | 2,036 |
| Life Insurance Corporation of India | Insurance | 2.59% | 1,979 |
| Mahindra & Mahindra Ltd. | Automobiles | 2.51% | 1,918 |
| Sector | Weight |
|---|---|
| Banks | 25.33% |
| Automobiles | 8.04% |
| Insurance | 6.17% |
| Petroleum Products | 6.06% |
| Pharmaceuticals & Biotechnology | 4.52% |
| Telecom – Services | 4.21% |
| Type | Weight |
|---|---|
| Domestic Equities | 96.18% |
| Cash & Cash Equivalents and Net Assets | 2.35% |
| Treasury Bills | 1.47% |
| Change | Holding | Weight |
|---|---|---|
| Added | Shriram Finance Ltd. | 0.38% |
| Added | Muthoot Finance Ltd. | 0.38% |
| Added | Polycab India Ltd. | 0.27% |
| Added | Hindustan Zinc Ltd. | 0.27% |
| Added | National Stock Exchange of India Ltd. | 0.10% |
| No longer held | Bank Of Baroda | 0.29% before |
| No longer held | United Breweries Ltd. | 0.28% before |
| No longer held | Lupin Ltd. | 0.17% before |
| No longer held | Wipro Ltd. | 0.11% before |
| No longer held | Adani Ports and Special Economic Zone Ltd. | 0.06% before |
| Weight fell | Infosys Ltd. | 2.74% to 1.96% |
| Weight fell | Hero Motocorp Ltd. | 1.00% to 0.25% |
| Weight rose | HDFC Bank Ltd. | 7.86% to 8.44% |
| Weight rose | Bharat Electronics Ltd. | 0.13% to 0.62% |
| Weight fell | ICICI Bank Ltd. | 9.34% to 8.92% |
The ten largest holdings account for 45.67% of the fund. ICICI Bank Ltd. is the largest holding at 8.92%. Since August 2026, the weight of HDFC Bank Ltd. rose to 8.44%, while the weight of ICICI Bank Ltd. fell to 8.92%.
Objective
The scheme states its objective as follows.
To generate long term capital appreciation and income distribution to investors from a portfolio that is predominantly invested in equity and equity related securities of large cap companies.
Fund managers
| Name | Role | Experience |
|---|---|---|
| Sankaran Naren | Chief Investment Officer – Equity | 21 Years |
| Vaibhav Dusad | Fund Manager | 7 Years |
| Sharmila Dsilva | Fund Manager | 6 Years |
ICICI Prudential Large Cap Fund: FAQs
What would ₹10,000 in the ICICI Prudential Large Cap Fund be worth today?
₹10,000 put into the Direct Growth plan on 12 October 2023 would have been worth ₹12,915 on 12 October 2026. This is what happened over those three years, not a forecast.
What is the return of the ICICI Prudential Large Cap Fund?
The Direct Growth plan returned −9.10% over one year to 12 October 2026, lower than the category average of −6.02%. Over three years it returned 8.89% a year.
What is the expense ratio of the ICICI Prudential Large Cap Fund?
The expense ratio of the Direct plan is 1.01%; the average for 35 Direct plans in the category is 1.16%.
How large is the ICICI Prudential Large Cap Fund?
Its assets were ₹76,352 crore at 30 September 2026.
What are the top holdings of the ICICI Prudential Large Cap Fund?
At 30 September 2026 the largest holdings were ICICI Bank Ltd. (8.92%), HDFC Bank Ltd. (8.44%), Reliance Industries Ltd. (5.46%). The top ten made up 45.67% of the fund.
Who manages the ICICI Prudential Large Cap Fund?
The fund is managed by Sankaran Naren, Vaibhav Dusad, Sharmila Dsilva.
What is the minimum investment in the ICICI Prudential Large Cap Fund?
The minimum investment is ₹100. The minimum SIP is ₹20.
What is the exit load of the ICICI Prudential Large Cap Fund?
The scheme states its exit load as: 1% on or before 1M, Nil after 1M
What is the benchmark of the ICICI Prudential Large Cap Fund?
The scheme’s benchmark is the NIFTY 100 – TRI.
NAV, expense and portfolio data: Accord Fintech. Calculations: ThePip. For information only; not investment advice.
