Icici Prudential Large & Mid Cap Fund

Review Date: 25-03-2025

Beginning of Analysis

In the Large & Mid Cap Fund category, Icici Prudential Large & Mid Cap Fund is the top ranked fund. The category has total 26 funds. The 5 star rating shows an excellent past performance of the Icici Prudential Large & Mid Cap Fund in Large & Mid Cap Fund category. The fund has a Jensen Alpha of 7.58% which is higher than the category average of 0.13%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 0.98 which is higher than the category average of 0.5.
The past performance of the Icici Prudential Large & Mid Cap Fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds.
Large & Mid Cap Mutual Funds are ideal for investors seeking a balanced exposure to both large-cap stability and mid-cap growth potential. These funds allocate a minimum of 35% each to large-cap and mid-cap stocks, offering a diversified portfolio with a balanced risk-return profile. While they provide the potential for higher returns through mid-cap stocks, they also carry higher risks due to mid-cap volatility. Investors should have a long-term investment horizon and a moderate risk tolerance to invest in these funds. Additionally, the success of these funds depends on the fund manager's ability to balance large-cap and mid-cap allocations effectively.

Icici Prudential Large & Mid Cap Fund Return Analysis

The fund has given a return of 4.22%, 0.78 and -7.92 in last one, three and six months respectively. In the same period the category average return was 5.06%, -6.53% and -11.45% respectively. The fund has given a return of 14.51% in last one year, 22.25% in last three years, 34.84% in last five years and 15.52% in last ten years. In the same period the category average return was 12.51%, 17.9%, 30.61% and 14.7% respectively. The fund has Good performance in last ten years in Large & Mid Cap Fund.

The fund has given a SIP return of 3.7% in last one year. In the same period the category average SIP return was -3.22%. The fund has SIP return of 22.57% in last three years whereas category average SIP return is 18.61%. The category average SIP return is 20.8% and the fund has given a SIP return of 25.41% in last five years.

The benchmark Nifty Large Midcap 250 Total Return Index has given a return of 9.35%, 17.23% and 31.52% in last one, three and five years respectively.

Icici Prudential Large & Mid Cap Fund Risk Analysis

The fund has a standard deviation of 12.67 and semi deviation of 9.17. The category average standard deviation is 14.86 and semi deviation is 10.76. The fund has a Value at Risk (VaR) of -14.5 and a maximum drawdown of -14.19. The category average VaR is -19.51 and the maximum drawdown is -18.42. The fund has a beta of 0.8 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.