ICICI Prudential MNC Fund
The fund maintains a quality-biased MNC tilt with heavy concentration in defensive sectors—pharma, auto components, and FMCG dominate nearly 46 percent of the portfolio. Recent entry into Vedanta's commodity subsidiaries and power stocks signals a tactical pivot toward cyclical inflation hedges, though the move appears modest. The manager's conviction remains anchored in multinational-linked businesses resilient to domestic volatility, while selective exposure to commodities suggests cautious positioning for potential economic acceleration.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Primary | ₹29.0200 | +1.97% | +6.69% | +13.59% | +12.73% |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive 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 |
|---|---|
| Vedanta Aluminium Metal Ltd. | 1.12% |
| Vedanta Iron And Steel Ltd. | 1.12% |
| Malco Energy Ltd. | 1.12% |
| Talwandi Sabo Power Ltd. | 1.12% |
| Kennametal India Ltd. | 0.01% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Hindustan Unilever Ltd. INE030A01027 | 8.43% |
| 2 | Maruti Suzuki India Ltd. INE585B01010 | 5.87% |
| 3 | Britannia Industries Ltd. INE216A01030 | 5.69% |
| 4 | Nestle India Ltd. INE239A01024 | 5.07% |
| 5 | Sun Pharmaceutical Industries Ltd. INE044A01036 | 3.85% |
| 6 | Sona Blw Precision Forgings Ltd. INE073K01018 | 3.70% |
| 7 | ZF Commercial Vehicle Control Systems India Ltd INE342J01019 | 2.98% |
| 8 | Gland Pharma Ltd. INE068V01023 | 2.96% |
| 9 | CIE Automotive India Ltd INE536H01010 | 2.88% |
| 10 | Vedanta Ltd. INE205A01025 | 2.51% |
| 11 | AIA Engineering Ltd. INE212H01026 | 2.47% |
| 12 | Hyundai Motor India Ltd. INE0V6F01027 | 2.19% |
| 13 | Triveni Turbine Ltd. INE152M01016 | 2.16% |
| 14 | United Breweries Ltd. INE686F01025 | 2.13% |
| 15 | Kalpataru Projects International Ltd INE220B01022 | 2.08% |
| 16 | United Spirits Ltd. INE854D01024 | 2.03% |
| 17 | Siemens Ltd. INE003A01024 | 2.01% |
| 18 | COFORGE Ltd. INE591G01025 | 1.92% |
| 19 | Pearl Global Industries Ltd. INE940H01022 | 1.89% |
| 20 | Procter & Gamble Hygiene and Health Care Ltd. INE179A01014 | 1.79% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does ICICI Prudential MNC Fund hold?
ICICI Prudential MNC Fund holds 57 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 28.91% of NAV.
What is the largest holding in ICICI Prudential MNC Fund?
The largest position in ICICI Prudential MNC Fund is Hindustan Unilever Ltd., accounting for 8.43% of NAV in the Diversified Fmcg sector.
Is ICICI Prudential MNC Fund a concentrated or diversified fund?
With a Gini coefficient of 0.431, ICICI Prudential MNC Fund is well-diversified. The HHI concentration index is 30,298 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 28.91% of the portfolio.
What is the market cap allocation of ICICI Prudential MNC Fund?
Based on SEBI's AMFI classification, ICICI Prudential MNC Fund's equity portfolio is split as: Large Cap: 42.40%, Mid Cap: 12.12%, Small Cap: 37.80%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does ICICI Prudential MNC Fund invest in most?
ICICI Prudential MNC Fund has the highest allocation to Pharmaceuticals & Biotechnology (15.77%), Auto Components (11.62%), Food Products (10.76%). The fund is invested across 22 sectors in total.
How actively managed is ICICI Prudential MNC Fund compared to other Sectoral / Thematic funds?
ICICI Prudential MNC Fund has an Active Share of 85.66%, classifying it as "Highly Differentiated" among 237 Sectoral / Thematic peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in ICICI Prudential MNC Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, ICICI Prudential MNC Fund added 5 new stocks (including Vedanta Aluminium Metal Ltd.). Total holding count increased from 55 to 60 stocks.