ICICI Prudential Midcap Fund - Growth

245.14

( NAV change from the previous, NAV as on 19/04/2024 )

Return Since Launch

Launch Date

2004-10-28 00:00:00.0

AUM

NA
(as on date NA)

Benchmark

NIFTY Midcap 150 TRI

Fund Manager

Mr. Mittul Kalawadia and Mr. Mrinal Singh

Risk: Moderately High

ICICI Prudential Midcap Fund Overview

ICICI Prudential Mutual Fund is one of the most popular and trusted mutual funds. It is a joint venture between ICICI Bank , one of the leading private sector bank and Prudential Plc, leading UK based financial service company. ICICI Prudential Midcap Fund is an open-ended equity fund scheme which invests in mid-cap companies. Generally, mid-cap companies generate a good return for the investor. The investment objective of this fund is to invests in diversified mid-cap stocks and yield a long-term capital appreciation. ICICI Prudential Midcap Fund has 91.27% investment in Indian stocks of which 6.12% is in large cap stocks, 61.64% is in mid cap stocks, 21.68%in small cap stocks. If you are planning for long term investment you can go for ICICI Prudential Midcap Fund Invest online. You can invest in both ICICI Prudential Midcap Fund Growth and ICICI Prudential Midcap Fund Dividend way. But it is better if you invest in ICICI Prudential Midcap Fund Growth.

ICICI Prudential Midcap Fund Eligibility Criteria

Individual should be an Indian Citizen
Minor through parent/lawful guardian
Foreign Institutional Investors
Financial Institutions and Investment Institutions
Non-resident Indians/Persons of Indian origin residing abroad
Association of Persons
Partner(s) of Partnership Firms.
Societies
Karta of Hindu Undivided Family
Companies
Trusts

Documents Required

Along with the KYC application of the applicant, following are the essential documents for investing in ICICI Mutual Fund-

PAN Card
ID Proof- AADHAR Card, Voter ID Card.
Residential Proof
Passport size Photographs
Duly filled application form
KYC Acknowledgement
Declaration of 3^rd party (for minors)

Advantages of ICICI Prudential Midcap Fund

Transparency

Investors are given the clear picture of where their money is being invested. Transparency in the whole mutual fund investment process is maintained.
Professional Management of Funds

Professional Money Managers decides ICICI PRUDENTIAL Midcap Fund Investments after market research and economic trends.
Liquidity

Investment in this Mutual Fund ensure liquidity. Investors can redeem on demand depending on the markets.
Risk Diversified

This investment has low risk level.
Tax Benefit

Dividends from Mutual Fund are tax-free. Capital Gain from ICICI PRUDENTIAL MidcapMutual Fund is considered as long-term capital appreciation and is tax-free.
Unlimited investment option

ICICI PRUDENTIAL MidcapFund provide its customers with different investment option depending on their investment objective.
Govt. regulated investment

We all know that this fund is under the regulation of Securities and Exchange Board of India (SEBI). So, there is no chance of forgery.
Small investment option

With the help of this scheme, you can invest a huge amount as well as small amount as per your capability.
Easy Tracking

You can keep an easy access to your investment process and its whereabouts. You can check the NAV details and the price of the market stock in no time.
Fund switched facility

You can anytime switch your investment from one fund to other fund as per your wish.