ICICI Prudential Multicap Fund Direct Plan-Growth
Benchmark: Nifty 500 Multicap 50:25:25 TRI · Inception: 01/01/2013 · NAV: ₹910.45 (01/10/2026)
AUM: ₹19538 Cr · Expense Ratio: 1.02% · Riskometer: Very High
The fund's Alpha of 5.95 outperforms the Category Alpha of 3.1573, and its Sortino of 0.83 is significantly higher than the category average metrics implied by the risk-adjusted scores. While it delivers better returns per unit of risk via a higher Sharpe ratio of 0.58 vs 0.3159, it carries more volatility with a Std Dev of 16.26 versus the Category's 9.8597.
The fund achieves an Alpha of 5.95, which is significantly higher than the Category Alpha of 3.1573. Additionally, its Sharpe ratio of 0.58 is substantially higher than the Category Sharpe of 0.3159, indicating superior risk-adjusted returns compared to its peers.
The fund has a Std Dev of 16.26, which is significantly higher than the Category Std Dev of 9.8597. Furthermore, the Beta of 0.93 is considerably higher than the Category Beta of 0.5628, indicating higher market sensitivity than its peers.
The fund exhibits a higher Std Dev and higher Beta than its category average, suggesting it is more volatile and sensitive to market movements than many peer funds. It is best suited for aggressive investors who can tolerate higher volatility in exchange for the superior alpha generated.
The fund effectively outperforms its category peers in terms of raw alpha and risk-adjusted returns despite having higher volatility figures. It stands as a strong performer for investors seeking superior growth that justifies a higher risk profile relative to the category average.
ICICI Prudential Multicap Fund carries an overall rating of 4.0/5 (Strong Buy), demonstrating strong performance within the Multi Cap category. Its alpha of 5.95 outperformss the category average of 3.16, reflecting superior stock selection. The Sharpe ratio of 0.58 sits above the category mean of 0.32, while volatility (std dev 16.26%) is higher than peers (9.86%), indicating relatively higher volatility. With a 5-year CAGR of 13.54% and expense ratio of 1.02%, this fund presents a compelling long-term case for risk-tolerant investors.
| Period | CAGR |
|---|---|
| 1Y | 3.46% |
| 3Y | 14.14% |
| 5Y | 13.54% |
| 10Y | 14.05% |
| Since Launch | 15.61% |
- ✅ Alpha 5.95 exceeds category avg 3.16 — superior active management
- ✅ Strong Rating 4/5
- ⚠️ Higher volatility 16.26% vs peers 9.86%
- ⚠️ High expense ratio 1.02% (above 1%)