ICICI Prudential Large & Mid Cap Fund
ICICI Prudential Mutual Fund·Large & Mid Cap Fund·vs Nifty LargeMidcap 250 TRI
The fund maintains a defensively tilted large-cap bias with nearly 27% committed to banking and financial services, signaling conviction in resilient sectors during uncertain markets. Recent portfolio churn—adding consumer staples like Britannia and materials plays while trimming auto and industrials—suggests the manager is rotating toward stability and domestic consumption themes. The elevated cash position of 4.8% alongside modest monthly returns indicates a cautious stance, preferring optionality over full deployment in the current environment.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹1108.1600 | -0.32% | — | — | — | — | — |
| Regular Growth | ₹984.9600 | -0.39% | -4.96% | -6.41% | +0.82% | +18.07% | +18.33% |
| Direct IDCW | ₹51.7700 | -0.33% | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
90
Top 5 Weight
20.91%
Top 10 Weight
35.93%
Active Share
—
Large Cap
36.74%
Gini
0.525
What Changed2026-03-31 → 2026-04-30
Holdings: 95 → 93+9 added−11 removed22 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Havells India Ltd. | 0.29% |
| Britannia Industries Ltd. | 0.19% |
| Vedanta Aluminium Metal Ltd. | 0.15% |
| Vedanta Iron And Steel Ltd. | 0.15% |
| Malco Energy Ltd. | 0.15% |
| Talwandi Sabo Power Ltd. | 0.15% |
| Nifty 50 Index Put option $$ | 0.01% |
| 182 Days Treasury Bills | 0.06% |
| 91 Days Treasury Bills | 0.02% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Ltd. INE040A01034 | 5.41% |
| 2 | TREPS | 5.13% |
| 3 | SBI Cards & Payment Services Ltd. INE018E01016 | 4.70% |
| 4 | Bajaj Finserv Ltd. INE918I01026 | 3.63% |
| 5 | Page Industries Ltd. INE761H01022 | 3.62% |
| 6 | Axis Bank Ltd. INE238A01034 | 3.55% |
| 7 | IndusInd Bank Ltd. INE095A01012 | 3.19% |
| 8 | Interglobe Aviation Ltd. INE646L01027 | 3.15% |
| 9 | FSN E-Commerce Ventures Ltd. INE388Y01029 | 2.99% |
| 10 | Sona Blw Precision Forgings Ltd. INE073K01018 | 2.87% |
| 11 | Info Edge (India) Ltd. INE663F01032 | 2.80% |
| 12 | ICICI Bank Ltd. INE090A01021 | 2.50% |
| 13 | Maruti Suzuki India Ltd. INE585B01010 | 2.43% |
| 14 | Oberoi Realty Ltd. INE093I01010 | 2.30% |
| 15 | Infosys Ltd. INE009A01021 | 2.19% |
| 16 | United Breweries Ltd. INE686F01025 | 1.99% |
| 17 | Alkem Laboratories Ltd. INE540L01014 | 1.96% |
| 18 | Shree Cements Ltd. INE070A01015 | 1.90% |
| 19 | ICICI Prudential Life Insurance Company Ltd. INE726G01019 | 1.84% |
| 20 | HDB Financial Services Ltd. INE756I01012 | 1.74% |
Sector Allocation
Banks15.6%
Finance11.3%
Retailing9.0%
Auto Components6.1%
Automobiles4.7%
It - Software4.5%
Transport Services4.1%
Textiles & Apparels3.6%
Pharmaceuticals & Biotechnology2.9%
Insurance2.7%
Top 10 sectors by % to NAV. Excludes derivatives.