ICICI Prudential Flexicap Fund
The fund maintains a balanced yet concentrated bet on domestic consumption and financials, with automobiles and banks together commanding nearly a third of the portfolio. The manager's recent rotations—adding Vedanta group plays and TCS while trimming infrastructure exposure—signal a shift toward cyclical recovery and IT stability over project-dependent businesses. The elevated 30% top-five concentration, despite holding 86 stocks, suggests conviction in quality large-caps positioned for economic resilience.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹19.7500 | — | — | — | — |
| Regular Growth | ₹18.6900 | -2.04% | +2.02% | +16.21% | — |
| Direct IDCW | ₹16.7000 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Tata Consultancy Services Ltd. | 0.47% |
| Vedanta Ltd. | 0.18% |
| Vedanta Aluminium Metal Ltd. | 0.08% |
| Vedanta Iron And Steel Ltd. | 0.08% |
| Malco Energy Ltd. | 0.08% |
| Talwandi Sabo Power Ltd. | 0.08% |
| 91 Days Treasury Bills | 0.03% |
| 182 Days Treasury Bills | 0.03% |
| 364 Days Treasury Bills | 0.03% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | TVS Motor Company Ltd. INE494B01023 | 8.87% |
| 2 | ICICI Bank Ltd. INE090A01021 | 6.48% |
| 3 | Maruti Suzuki India Ltd. INE585B01010 | 6.23% |
| 4 | Avenue Supermarts Ltd. INE192R01011 | 4.68% |
| 5 | HDFC Bank Ltd. INE040A01034 | 4.27% |
| 6 | Eternal Ltd. INE758T01015 | 3.69% |
| 7 | TREPS | 3.67% |
| 8 | Infosys Ltd. INE009A01021 | 2.90% |
| 9 | Axis Bank Ltd. INE238A01034 | 2.51% |
| 10 | Larsen & Toubro Ltd. INE018A01030 | 2.35% |
| 11 | The Ethos Ltd. INE04TZ01018 | 2.34% |
| 12 | State Bank Of India INE062A01020 | 2.29% |
| 13 | Azad Engineering Ltd INE02IJ01035 | 2.28% |
| 14 | PI Industries Ltd. INE603J01030 | 2.04% |
| 15 | RR Kabel Ltd. INE777K01022 | 2.02% |
| 16 | Samvardhana Motherson International Ltd. INE775A01035 | 2.02% |
| 17 | Travel Food Services Ltd INE103V01028 | 2.02% |
| 18 | Neuland Laboratories Ltd. INE794A01010 | 1.93% |
| 19 | Interglobe Aviation Ltd. INE646L01027 | 1.93% |
| 20 | Red Tape Ltd INE0LXT01019 | 1.87% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does ICICI Prudential Flexicap Fund hold?
ICICI Prudential Flexicap Fund holds 83 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 30.54% of NAV.
What is the largest holding in ICICI Prudential Flexicap Fund?
The largest position in ICICI Prudential Flexicap Fund is TVS Motor Company Ltd., accounting for 8.87% of NAV in the Automobiles sector.
Is ICICI Prudential Flexicap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.582, ICICI Prudential Flexicap Fund is moderately concentrated. The HHI concentration index is 30,647 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 30.54% of the portfolio.
What is the market cap allocation of ICICI Prudential Flexicap Fund?
Based on SEBI's AMFI classification, ICICI Prudential Flexicap Fund's equity portfolio is split as: Large Cap: 60.63%, Mid Cap: 7.98%, Small Cap: 24.83%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does ICICI Prudential Flexicap Fund invest in most?
ICICI Prudential Flexicap Fund has the highest allocation to Automobiles (16.14%), Banks (16.10%), Retailing (9.90%). The fund is invested across 34 sectors in total.
How actively managed is ICICI Prudential Flexicap Fund compared to other Flexi Cap Fund funds?
ICICI Prudential Flexicap Fund has an Active Share of 62.92%, classifying it as "Active Stock Picker" among 41 Flexi Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in ICICI Prudential Flexicap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, ICICI Prudential Flexicap Fund added 9 new stocks (including Tata Consultancy Services Ltd.) and exited 5 stocks (including G R Infraprojects Ltd.). Total holding count increased from 82 to 86 stocks.