Midcap Fund - Equity Mutual Funds - ICICI Prudential

ICICI Prudential MidCap Fund

ICICI Prudential Midcap Fund is an open-ended diversified equity fund that selects Emerging Stocks in the mid-cap space, targeted at returns over a long term investment horizon. It aims at bringing you the benefit of investing in the leaders of tomorrow.

Investment Philosophy

This fund is focused on the mid-cap sector and follows a fundamental bottom up approach to identify growth sectors. It is diversified within its theme, and focused on investing in carefully selected stocks, offering best possible potential growth opportunities.

Key Benefits

  • Midcap companies have the potential to deliver significant capital appreciation due to faster earning growth and subsequent re-rating.
  • It gives you an opportunity to gain from the performance of midcap stocks which have higher earnings potential.
  • It allows you to compliment a portfolio focused primarily on large-cap stocks.

This product is suitable for investors who are seeking* :

  • Long term wealth creation solution
  • An equity fund that aims for capital appreciation by investing in diversified mid cap stocks.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Key Features


Open-ended Equity Fund


Regular & Direct



Default Option

Growth, Dividend re-investment is default sub-option

Application Amount

Rs.5000 (plus in multiples of Rs.1)

Min. Additional Investment

Rs.1000 (plus in multiples of Re.1)

Entry Load

Nil. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.

Exit Load

Upto 1 Year ? 1% of applicable NAV, more than 1 Year - Nil (w.e.f 18 May 2015)

Redemption Cheques Issued

Minimum Redemption Amt.

Rs.500 (plus in multiples of Re.1)

Systematic Investment Plan

Monthly SIP: Rs. 1,000/- (plus in multiple of Re. 1/-), Minimum installments: 6. Quarterly SIP: Rs. 5,000/- (plus in multiple of Re. 1/-), Minimum installments ? 4.

Systematic Withdrawal Plan

Rs. 500/- and in multiples of Re. 1/-

Fund Manager

Mrinal Singh ? 9 Years of experience of which 3 Years was as an Equity Analyst managing this fund since May 2011.
Mittul Kalawadia