ICICI Prudential Flexi Cap fund
ICICI Prudential Mutual Fund · Flexi Cap · Direct plan, growth option
NAV (₹), 1 Oct 2026
20.7800
1-day change
-1.19%
1Y return
1.8%
3Y CAGR
14.7%
5Y CAGR
14.2%
Max drawdown, 5Y
−19.7%
NAV history month-end NAV, ₹ · 19 Jul 2021 to 1 Oct 2026
Returns vs Flexi Cap median (46 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -6.1% | -5.5% |
| 3 months | -0.7% | -2.7% |
| 6 months | 12.7% | 9.8% |
| Year to date | -0.3% | -2.7% |
| 1 year | 1.8% | 0.2% |
| 3 years (CAGR) | 14.7% | 11.0% |
| 5 years (CAGR) | 14.2% | 10.1% |
| 7 years (CAGR) | n/a | 14.6% |
| 10 years (CAGR) | n/a | 13.0% |
| Since first NAV (CAGR) | 15.1% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 12.7% | 11.7% |
| 3Y rolling median | 20.0% | 16.7% |
| 3Y rolling worst | 14.7% | 0.2% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | 100% | 83% |
| 5Y rolling median | 16.2% | 15.8% |
| 5Y rolling worst | 14.2% | 1.9% |
| 5Y periods ahead of benchmark | 100% | 77% |
Benchmark: Nifty 500 (proxy: Motilal Oswal Nifty 500 Index Fund, price return).
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 16.0% | 15.6% |
| Sharpe ratio | 0.55 | 0.35 |
| Sortino ratio | 0.79 | 0.52 |
| Beta | 0.98 | 0.96 |
| Alpha (ann.) | 5.5% | 2.3% |
| Upside capture | 121.81 | 101.88 |
| Downside capture | 97.85 | 95.74 |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −19.7% | −29.9% |
| Maximum drawdown, last 10Y | n/a | −36.7% |
| Maximum drawdown, last 5Y | −19.7% | −20.0% |
| Current drawdown | −7.4% | −6.7% |
| Recovery time of worst fall | 201 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Market context from Integrato Market Intelligence
This scheme invests mainly in the market below, which is also close to how many of them are benchmarked. Where that market stands today:
21,857.75 −0.97%
NSE close, 1 Oct 2026
- P/E 21.6: higher than 1% of days since 2024 (median 24.3)
- 1Y −3.9% · 3Y +8.9% p.a. · 5Y +8.6% p.a. (index fund NAV, after costs)
- −9.3% from its 52-week high
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 1.73% a year and the Direct plan's 0.88%, a gap of 0.85%; over the last 3 years the Direct plan returned 1.05 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹19,96,184.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 24 Sep 2026: TER increased from 0.87% to 0.88% (AMFI TER disclosure)
- 23 Sep 2026: TER reduced from 0.88% to 0.87% (AMFI TER disclosure)
- 3 Sep 2026: TER reduced from 0.89% to 0.88% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Rajat Chandak | Primary | 28 Jun 2021 |
| Sharmila D’silva | Manages Overseas Investments | 1 Jul 2022 |
Objective: To generate long-term capital appreciation by investing predominately in equity & equity related instruments across market capitalization.
Stated asset allocation: • Equity & Equity related instruments of largecap, midcap and smallcap companies 65%-100% Medium to High • Other Equity & Equity related instruments 0%-35% Medium to High • Debt instruments, Units of Debt Mutual Fund schemes and Money market instruments 0%-35% Low to Medium • Preference shares 0%-10% Medium to High • Units issued by REITs and INVITs 0%-10% Medium to High
Benchmark (tier 1): BSE 500 TRI
Exit load: 1 % of applicable Net Asset Value If the amount sought to be redeemed or switch out within 1 month from allotment. Nil If the amount sought to be redeemed or switched out more than 1 month.
Minimum application: Rs. 5,000
Allotment date: 17 Jul 2021
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.88% | 0.91% |
| AUM, whole scheme (₹ crore) | 25,141 | 4,704 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 4.0% | -2.3% TRI |
| Return, 3 years (AMFI) | 15.1% | 9.2% TRI |
| Return, 5 years (AMFI) | 14.4% | 8.9% TRI |
| Month-ends above category median (3Y CAGR) | 100% | 47% median |
| Month-ends in category top quartile (3Y) | 52% | 25% median |
Official benchmark: BSE 500 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Flexi Cap Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Nifty 500 proxy | Difference |
|---|---|---|---|
| 2026 YTD | -0.3% | -7.8% | +7.4% |
| 2025 | 10.6% | 7.7% | +2.9% |
| 2024 | 22.4% | 15.6% | +6.8% |
| 2023 | 29.3% | 26.5% | +2.8% |
| 2022 | 10.4% | 3.8% | +6.6% |
Benchmark proxy: Motilal Oswal Nifty 500 Index Fund (Direct plan NAV, price return), which carries its own costs. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,21,557 | 2.4% |
| 3 years | ₹3,60,000 | ₹4,06,913 | 8.1% |
| 5 years | ₹6,00,000 | ₹8,41,826 | 13.5% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
Category: Flexi Cap
Plan / option: Direct · Growth
AMFI scheme code: 148990
ISIN: INF109KC1R14
First NAV in MFIC data: 19 Jul 2021
History: 5.2 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| PGIM India Multi Cap Fund | Multi Cap | 0.97 | n/a |
| Canara Robeco Flexi Cap Fund | Flexi Cap | 0.96 | 10.3% |
| Canara Robeco ELSS - Tax Saver Fund | ELSS | 0.96 | 10.2% |
| PGIM India Large and Midcap Fund | Large & Mid Cap | 0.96 | n/a |
| ICICI Prudential ELSS - Tax Saver Fund | ELSS | 0.96 | 9.9% |
| Union ELSS Tax Saver Fund (Formerly Union Tax Saver (ELSS) Fund | ELSS | 0.96 | 9.3% |
Questions about ICICI Prudential Flexi Cap fund
- What is the latest NAV of ICICI Prudential Flexi Cap fund?
- The NAV of the Direct plan (growth option) was ₹20.7800 on 1 Oct 2026, as published by AMFI.
- Which category is ICICI Prudential Flexi Cap fund in?
- It is classified as Flexi Cap in AMFI's daily NAV file; a Flexi Cap scheme invests at least 65% in equities without fixed limits across company sizes. MFIC compares it with 46 Flexi Cap schemes (Direct plans).
- What returns has ICICI Prudential Flexi Cap fund delivered?
- Over one year the NAV changed by 1.8%. The 3-year CAGR is 14.7% (category median 11.0%) and the 5-year CAGR is 14.2% (category median 10.1%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 20.0%, the lowest was 14.7%, and 100% of 3-year periods ended with a gain. It was ahead of Nifty 500 (index-fund proxy) in 100% of those periods.
- What was the largest fall in ICICI Prudential Flexi Cap fund's NAV?
- The largest peak-to-trough fall in its available history was 19.7%; within the last five years it was 19.7% (category median 20.0%).
- How volatile is ICICI Prudential Flexi Cap fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 16.0%, which is above the Flexi Cap category median of 15.6%.
- What would a monthly SIP in ICICI Prudential Flexi Cap fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹8,41,826 on 1 Oct 2026, an annualised return (XIRR) of 13.5%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of ICICI Prudential Flexi Cap fund?
- The total expense ratio of the Direct plan is 0.88% a year, as disclosed to AMFI (median of Flexi Cap Direct plans: 0.91%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is ICICI Prudential Flexi Cap fund?
- Assets under management of the whole scheme were ₹25,141 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of ICICI Prudential Flexi Cap fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of ICICI Prudential Flexi Cap fund and how has it compared?
- Its official benchmark is the BSE 500 TRI. Over 3 years AMFI reports a return of 15.1% for this plan against 9.2% for the benchmark total return index; over 5 years 14.4% against 8.9%. Past performance does not indicate future results.
- How often has ICICI Prudential Flexi Cap fund beaten its category?
- At 100% of the 27 month-ends compared over the last 10 years, its 3-year return was above the median of Flexi Cap schemes (Direct plans); it was in the top quarter at 52% of them. A typical scheme would show about 50%.
- Who manages ICICI Prudential Flexi Cap fund?
- According to its Scheme Summary Document, ICICI Prudential Flexi Cap fund is managed by Rajat Chandak (since 28 Jun 2021), Sharmila D’silva (since 1 Jul 2022).
- What is the exit load of ICICI Prudential Flexi Cap fund?
- As stated in its scheme documents: 1 % of applicable Net Asset Value If the amount sought to be redeemed or switch out within 1 month from allotment. Nil If the amount sought to be redeemed or switched out more than 1 month. Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in ICICI Prudential Flexi Cap fund?
- The minimum application amount is Rs. 5,000.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 1.8% and the Regular plan's by 0.9%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.