ICICI Prudential Large Cap Fund
ICICI Prudential Mutual Fund·Large Cap Fund·vs Nifty 100 TRI
The portfolio remains heavily tilted toward financial and defensive sectors, with banks commanding nearly a quarter of assets—a bet on steady earnings and dividend stability in the current environment. The manager's recent pruning of treasury holdings and addition of seventeen stocks including SBI and quality discretionary names like Titan signals a pivot toward slightly higher growth conviction, though the modest negative return and elevated cash position suggest cautious positioning amid market volatility.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹115.5200 | -1.72% | — | — | — | — | — |
| Regular Growth | ₹104.7200 | -1.75% | -7.24% | -8.87% | -2.79% | +14.10% | +14.05% |
| Direct IDCW | ₹58.4500 | -1.72% | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
90
Top 5 Weight
33.60%
Top 10 Weight
51.25%
Active Share
—
Large Cap
85.85%
Gini
0.650
What Changed2026-03-31 → 2026-04-30
Holdings: 80 → 93+17 added−4 removed23 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| State Bank Of India | 0.56% |
| ITC Hotels Ltd | 0.39% |
| Bajaj Finserv Ltd. | 0.21% |
| Titan Company Ltd. | 0.16% |
| Vedanta Aluminium Metal Ltd. | 0.13% |
| Vedanta Iron And Steel Ltd. | 0.13% |
| Malco Energy Ltd. | 0.13% |
| Talwandi Sabo Power Ltd. | 0.13% |
| Havells India Ltd. | 0.06% |
| Container Corporation Of India Ltd. | 0.02% |
| Reliance Retail Ventures Ltd ** | 0.13% |
| 182 Days Treasury Bills | 0.21% |
| 364 Days Treasury Bills | 0.11% |
| 182 Days Treasury Bills | 0.08% |
| 364 Days Treasury Bills | 0.08% |
| 91 Days Treasury Bills | 0.05% |
| 364 Days Treasury Bills | 0.02% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Ltd. INE040A01034 | 8.85% |
| 2 | ICICI Bank Ltd. INE090A01021 | 8.84% |
| 3 | TREPS | 5.68% |
| 4 | Larsen & Toubro Ltd. INE018A01030 | 5.66% |
| 5 | Reliance Industries Ltd. INE002A01018 | 5.62% |
| 6 | Axis Bank Ltd. INE238A01034 | 4.63% |
| 7 | Bharti Airtel Ltd. INE397D01024 | 4.43% |
| 8 | Infosys Ltd. INE009A01021 | 3.94% |
| 9 | Maruti Suzuki India Ltd. INE585B01010 | 3.78% |
| 10 | Ultratech Cement Ltd. INE481G01011 | 2.81% |
| 11 | Sun Pharmaceutical Industries Ltd. INE044A01036 | 2.69% |
| 12 | NTPC Ltd. INE733E01010 | 2.48% |
| 13 | Mahindra & Mahindra Ltd. INE101A01026 | 2.40% |
| 14 | Asian Paints Ltd. INE021A01026 | 2.31% |
| 15 | Hero Motocorp Ltd. INE158A01026 | 1.86% |
| 16 | Interglobe Aviation Ltd. INE646L01027 | 1.80% |
| 17 | Power Grid Corporation Of India Ltd. INE752E01010 | 1.35% |
| 18 | Oil & Natural Gas Corporation Ltd. INE213A01029 | 1.34% |
| 19 | DLF Ltd. INE271C01023 | 1.32% |
| 20 | SBI Life Insurance Company Ltd. INE123W01016 | 1.18% |
Sector Allocation
Banks22.9%
Automobiles10.3%
Petroleum Products6.3%
It - Software6.1%
Construction5.7%
Power5.2%
Pharmaceuticals & Biotechnology4.5%
Telecom - Services4.4%
Insurance3.9%
Cement & Cement Products3.5%
Top 10 sectors by % to NAV. Excludes derivatives.