The fund house shared the performance as the flexi-cap scheme completed five years since its launch on July 17, 2021.
According to the asset management company, the investment translated into a compound annual growth rate (CAGR) of 14.55%, compared with 11.88% for its benchmark, the BSE 500 Total Return Index (TRI). A similar ₹10 lakh investment in the benchmark would have grown to ₹17.44 lakh during the same period.
For systematic investors, the fund house said a monthly SIP of ₹10,000 since inception, amounting to a total investment of ₹6 lakh, would have grown to around ₹8.47 lakh as of June 30, 2026, implying a CAGR of 13.83%. The corresponding SIP return for the benchmark stood at 10.43% CAGR, it added.
ICICI Prudential Flexicap Fund is an open-ended equity scheme that invests across large-, mid- and small-cap stocks. According to the fund house, the scheme follows a bottom-up stock selection approach and aims to identify companies with long-term growth potential.
Commenting on the fund’s five-year journey, Rajat Chandak, Senior Fund Manager, ICICI Prudential AMC, said the scheme has remained focused on identifying quality businesses through research-led stock selection and maintaining a long-term investment approach across market cycles.
As of June 30, 2026, around 61% of the portfolio was invested in large-cap stocks, 9% in mid-caps and 25% in small-caps, according to the fund house. It said the portfolio currently has a higher tilt towards consumption-oriented sectors.
While the historical returns may appear attractive, investors should note that flexi-cap funds invest across large-, mid- and small-cap stocks. Mid- and small-cap companies can be more volatile than large-cap stocks, and market conditions can affect returns.
First Published: Jul 17, 2026 3:18 PM IST
