ICICI Prudential Large Cap Fund
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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹116.7100 | -2.31% | — | — | — |
| Regular Growth | ₹105.8000 | -2.35% | -3.26% | +14.42% | +14.29% |
| Direct IDCW | ₹59.0500 | -2.32% | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Balanced ApproachActive 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 |
|---|---|
| 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
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does ICICI Prudential Large Cap Fund hold?
ICICI Prudential Large Cap Fund holds 90 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 33.60% of NAV.
What is the largest holding in ICICI Prudential Large Cap Fund?
The largest position in ICICI Prudential Large Cap Fund is HDFC Bank Ltd., accounting for 8.85% of NAV in the Banks sector.
Is ICICI Prudential Large Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.650, ICICI Prudential Large Cap Fund is moderately concentrated. The HHI concentration index is 35,426 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 33.60% of the portfolio.
What is the market cap allocation of ICICI Prudential Large Cap Fund?
Based on SEBI's AMFI classification, ICICI Prudential Large Cap Fund's equity portfolio is split as: Large Cap: 85.85%, Mid Cap: 7.45%, Small Cap: 0.13%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does ICICI Prudential Large Cap Fund invest in most?
ICICI Prudential Large Cap Fund has the highest allocation to Banks (22.94%), Automobiles (10.29%), Petroleum Products (6.32%). The fund is invested across 34 sectors in total.
How actively managed is ICICI Prudential Large Cap Fund compared to other Large Cap Fund funds?
ICICI Prudential Large Cap Fund has an Active Share of 39.73%, classifying it as "Balanced Approach" among 33 Large Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in ICICI Prudential Large Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, ICICI Prudential Large Cap Fund added 17 new stocks (including State Bank Of India) and exited 4 stocks (including 91 Days Treasury Bills). Total holding count increased from 80 to 93 stocks.