Mutual Fund Super Star:ICICI Prudential Large & Mid Cap Fund has recently completed its 26th successful year and is moving towards its 27th successful year. This scheme has given 19.25 percent CAGR returns since its launch. Be it 1 year, 3 years, 5 years or since inception, this scheme has not only given high returns in every phase but has also beaten its benchmark in this matter. This scheme with 5 star rating has given 26.18 percent return on lump sum in last 5 years, 23.99 percent in 3 years and 48.31 percent in 1 year.
Since its launch, this scheme has given an annual return of 19.25 percent on lump sum investment. In this sense, it turned an investment of Rs 1 lakh into Rs 1 crore. At the same time, this fund has given returns of 17.4 percent per annum to those doing SIP in 26 years. Those who invested Rs 5000 monthly got around Rs 2.50 crore in 26 years.
Highest SIP Return: 10 funds with highest SIP return in 10 years, growing money at the rate of 23 to 27% per annum
Lump Sum Investing: Fund Performance
1 year return: 48.31%
Value of investment of Rs 1 lakh: Rs 1,48,627
3 year return: 23.99% per annum
Value of investment of Rs 1 lakh: Rs 1,90,730
5 year return: 26.18% per annum
Value of investment of Rs 1 lakh: Rs 3,20,313
Returns since launch: 19.25% per annum
Value of investment of Rs 1 lakh: Rs 1,01,58,100
(Launch date: July 9, 1998)
SIP Battle: HDFC Flexi Cap vs Parag Parikh Flexi Cap, who won the battle of SIP returns among the 2 largest funds
Benchmark Performance of Nifty LargeMidcap 250 TRI
1 year return: 43.26%
Value of investment of Rs 1 lakh: Rs 1,43,544
3 year return: 21.05% per annum
Value of investment of Rs 1 lakh: Rs 1,77,465
5 year return: 25.5% per annum
Value of investment of Rs 1 lakh: Rs 3,11,718
Returns since launch: 15.53% per annum
Value of investment of Rs 1 lakh: Rs 44,23,269
SIP Investing: Fund Performance
ICICI Prudential Large & Midcap Fund has SIP investment data for 26 years. This fund has given returns of 17.40 percent per annum to those doing SIP in 26 years. If someone invested Rs 5000 monthly in this fund during this period, then he would have become the owner of around Rs 2.50 crore.
SIP return in 26 years: 17.4% per annum
Monthly SIP amount: Rs 5000
Total investment in 26 years: Rs 15,60,000
Total value of SIP in 26 years: Rs 2,40,25,974
SIP Leader: Scheme to make SIP of Rs 2500 Rs 4 crore, HDFC MF plan gave 355 times return to one time investors
Top sector for investment
Financial Services: 26.45%
Automobile: 11.42%
Healthcare: 7.56%
Oil and Gas: 6.37%
Construction Materials: 5.08%
Top Holdings
Bajaj Finserv : 5.03%
Maruti Suzuki: 4.80%
ICICI Bank: 4.48%
HDFC Bank: 4.0%
Alkem Lab: 3.53%
SBI Cards : 2.69%
United Breweries : 2.47%
Eicher Motors : 2.42%
Infosys: 2.37%
NTPC: 2.09%
Double Return: These 5 tax saver mutual funds doubled their money in 36 months, 28 to 39% annual return on SIP
Who should invest?
ICICI Prudential Large and Midcap Fund is a better option for investors who have long-term goals. Investors who aim to invest for at least 5 years should invest in this. The objective of this fund is to achieve high returns in the long term from a portfolio consisting primarily of equities and equity related securities of large-cap and mid-cap companies. However, no assurance or guarantee can be given that the investment objective of the scheme will be achieved.
AUM of the fund
The latest asset under management of ICICI Prudential Large and Midcap Fund Regular Plan is Rs 17,464.42 crore. Its Net Asset Value (NAV) is 936.76. Whereas the expense ratio is 1.69 percent. This fund was launched on 9th July 1998 and it is a 26 years 4 months and 4 days old scheme.
(Disclaimer: The purpose of this article is only to provide information, it is not an advice to invest in any scheme. Take any investment decision only after getting complete information about the scheme and taking the opinion of your investment advisor.)
