ICICI Prudential MidCap Fund Direct Plan Growth

• Alpha 1.13%
• Beta 0.95
• Sharpe Ratio0.98
• Std Deviation 16.27%
• Tracking Error 5.93%

The primary objective of the Scheme is to seek to generate capital appreciation by actively investing in diversified mid cap stocks. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

The ICICI Prudential MidCap Fund Direct Plan Growth has an AUM of 6588.81 crores & has delivered CAGR of 27.14% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.05%. The minimum investment in ICICI Prudential MidCap Fund Direct Plan Growth is Rs 5000 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

The top holdings of the fund include Jindal Steel, Muthoot Finance, Bharti Hexacom & Apl Apollo Tubes.

The major sectors where the fund is invested are Iron & Steel, Investment Services, Chemical Manufacturing & Electronic Instr. & Controls.

Some of the similar funds are Invesco India Mid Cap Fund Direct Plan Growth Option, ICICI Prudential MidCap Fund Direct Plan Growth, Tata Mid Cap Fund Direct Plan Growth, Quant Mid Cap Fund Growth Option Direct Plan, Aditya Birla Sun Life Mid Cap Fund Direct Plan Growth. ICICI Prudential MidCap Fund Direct Plan Growth has a sharpe ratio of 0.98 & a standard deviation of 16.27%.