ICICI Prudential MNC Fund
ICICI Prudential Mutual Fund · Sectoral/Thematic · Direct plan, growth option
NAV (₹), 1 Oct 2026
31.5800
1-day change
-1.22%
1Y return
2.6%
3Y CAGR
9.2%
5Y CAGR
10.9%
Max drawdown, 5Y
−19.5%
NAV history month-end NAV, ₹ · 18 Jun 2019 to 1 Oct 2026
Returns vs Sectoral/Thematic median (253 schemes) and “MNC” median (7)
| Period | Scheme | Category median | MNC median |
|---|---|---|---|
| 1 month | -5.9% | -5.4% | -5.9% |
| 3 months | -3.9% | -2.8% | -3.6% |
| 6 months | 8.1% | 8.9% | 8.1% |
| Year to date | -1.5% | -2.0% | -1.5% |
| 1 year | 2.6% | 1.4% | -0.1% |
| 3 years (CAGR) | 9.2% | 13.0% | 6.7% |
| 5 years (CAGR) | 10.9% | 12.0% | 7.7% |
| 7 years (CAGR) | 17.4% | 17.0% | 12.3% |
| 10 years (CAGR) | n/a | 14.6% | 10.1% |
| Since first NAV (CAGR) | 17.1% | – | – |
“MNC” is MFIC's grouping of Sectoral/Thematic schemes by the theme or index in their names, not an AMFI category.
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 15.3% | 11.8% |
| 3Y rolling median | 19.7% | 17.5% |
| 3Y rolling worst | 9.2% | 3.0% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | 79% | 84% |
| 5Y rolling median | 21.9% | 15.6% |
| 5Y rolling worst | 10.9% | 1.8% |
| 5Y periods ahead of benchmark | 100% | 91% |
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.) | 13.8% | 16.7% |
| Sharpe ratio | 0.29 | 0.42 |
| Sortino ratio | 0.41 | 0.63 |
| Beta | 0.83 | 0.96 |
| Alpha (ann.) | 1.2% | 3.7% |
| Upside capture | 85.40 | 106.94 |
| Downside capture | 80.40 | 95.17 |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −30.7% | −23.1% |
| Maximum drawdown, last 10Y | n/a | −38.3% |
| Maximum drawdown, last 5Y | −19.5% | −22.3% |
| Current drawdown | −8.9% | −8.3% |
| Recovery time of worst fall | 135 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 4% of days since 2022 (median 23.9)
- 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 2.16% a year and the Direct plan's 1.21%, a gap of 0.95%; over the last 3 years the Direct plan returned 1.16 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 ₹21,24,497.
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 1.20% to 1.21% (AMFI TER disclosure)
- 23 Sep 2026: TER reduced from 1.21% to 1.20% (AMFI TER disclosure)
- 11 Sep 2026: TER increased from 1.20% to 1.21% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Roshan Chutkey | Primary | 8 Aug 2022 |
| Sharmila D’mello | Manages Overseas Investments | 8 Aug 2022 |
Objective: The primary objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities within MNC space. However there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Stated asset allocation: • Equity and equity related securities within MNC space - 80%-100% • Other equity and equity related instruments - 0%-20% • Money market instruments, other liquid instruments^, Gold ETF, Units of Overnight funds, Liquid funds and Money Market funds = 0% - 20% • Units issued by InVITs = 0% - 10% ^Other liquid instruments shall include cash, bank deposits with Scheduled Commercial Banks, Government Securities, Treasury bills, Repo on Government securities and any other instruments as specified by SEBI.
Benchmark (tier 1): Nifty MNC 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 Jun 2019
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 | 1.21% | 1.15% |
| AUM, whole scheme (₹ crore) | 1,703 | 1,272 |
| 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) | 4.7% | 3.0% TRI |
| Return, 3 years (AMFI) | 9.6% | 12.7% TRI |
| Return, 5 years (AMFI) | 11.0% | 10.9% TRI |
| Month-ends above category median (3Y CAGR) | 46% | 53% median |
| Month-ends in category top quartile (3Y) | 17% | 24% median |
Official benchmark: Nifty MNC TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Sectoral/Thematic 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 | -1.5% | -7.8% | +6.3% |
| 2025 | 6.5% | 7.7% | −1.2% |
| 2024 | 17.7% | 15.6% | +2.1% |
| 2023 | 28.0% | 26.5% | +1.5% |
| 2022 | 0.9% | 3.8% | −2.9% |
| 2021 | 42.9% | 30.6% | +12.3% |
| 2020 | 31.2% | 17.2% | +13.9% |
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 | ₹1,19,075 | -1.4% |
| 3 years | ₹3,60,000 | ₹3,87,332 | 4.8% |
| 5 years | ₹6,00,000 | ₹7,65,644 | 9.7% |
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: Sectoral/Thematic
Plan / option: Direct · Growth
AMFI scheme code: 147346
ISIN: INF109KC1D93
First NAV in MFIC data: 18 Jun 2019
History: 7.3 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 |
|---|---|---|---|
| Mirae Asset Large & Midcap Fund | Large & Mid Cap | 0.94 | 10.3% |
| HDFC Manufacturing Fund | Sectoral/Thematic | 0.94 | n/a |
| PGIM India Multi Cap Fund | Multi Cap | 0.94 | n/a |
| Bandhan Business Cycle Fund | Sectoral/Thematic | 0.94 | n/a |
| Nippon India Innovation Fund | Sectoral/Thematic | 0.94 | 13.0% |
| QUANTUM ESG BEST IN CLASS STRATEGY FUND | Sectoral/Thematic | 0.94 | 6.6% |
Questions about ICICI Prudential MNC Fund
- What is the latest NAV of ICICI Prudential MNC Fund?
- The NAV of the Direct plan (growth option) was ₹31.5800 on 1 Oct 2026, as published by AMFI.
- Which category is ICICI Prudential MNC Fund in?
- It is classified as Sectoral/Thematic in AMFI's daily NAV file; a Sectoral/Thematic scheme invests at least 80% in one sector or theme. MFIC compares it with 253 Sectoral/Thematic schemes (Direct plans).
- What returns has ICICI Prudential MNC Fund delivered?
- Over one year the NAV changed by 2.6%. The 3-year CAGR is 9.2% (category median 13.0%) and the 5-year CAGR is 10.9% (category median 12.0%). 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 19.7%, the lowest was 9.2%, and 100% of 3-year periods ended with a gain. It was ahead of Nifty 500 (index-fund proxy) in 79% of those periods.
- What was the largest fall in ICICI Prudential MNC Fund's NAV?
- The largest peak-to-trough fall in its available history was 30.7%; within the last five years it was 19.5% (category median 22.3%).
- How volatile is ICICI Prudential MNC Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 13.8%, which is below the Sectoral/Thematic category median of 16.7%.
- What would a monthly SIP in ICICI Prudential MNC 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 ₹7,65,644 on 1 Oct 2026, an annualised return (XIRR) of 9.7%. 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 MNC Fund?
- The total expense ratio of the Direct plan is 1.21% a year, as disclosed to AMFI (median of Sectoral/Thematic Direct plans: 1.15%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is ICICI Prudential MNC Fund?
- Assets under management of the whole scheme were ₹1,703 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of ICICI Prudential MNC 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 MNC Fund and how has it compared?
- Its official benchmark is the Nifty MNC TRI. Over 3 years AMFI reports a return of 9.6% for this plan against 12.7% for the benchmark total return index; over 5 years 11.0% against 10.9%. Past performance does not indicate future results.
- How often has ICICI Prudential MNC Fund beaten its category?
- At 46% of the 52 month-ends compared over the last 10 years, its 3-year return was above the median of Sectoral/Thematic schemes (Direct plans); it was in the top quarter at 17% of them. A typical scheme would show about 50%.
- Who manages ICICI Prudential MNC Fund?
- According to its Scheme Summary Document, ICICI Prudential MNC Fund is managed by Roshan Chutkey (since 8 Aug 2022), Sharmila D’mello (since 8 Aug 2022).
- What is the exit load of ICICI Prudential MNC 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 MNC 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 2.6% and the Regular plan's by 1.6%. 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.