NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

ICICI Prudential Large & Mid Cap Fund Growth for NRI [925.45]

Min Investment

5,000

Fund Size

17,120.29 Cr

Expense Ratio

1.7%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

925.45

1.35%

NAV as on 23 Nov 24, 12:00 AM

very high risk

large & mid cap

equity

NAV as on 23 Nov 24, 12:00 AM

very high risk

large & mid cap

equity

31.74%p.a.

Last 1Y

20.13%p.a.

Last 3Y

23.18%p.a.

Last 5Y

18.91%p.a.

Since Inception

About ICICI Prudential Large & Mid Cap Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Large & Mid Cap Fund Growth scheme from ICICI Prudential Asset Management Company Limited. It is a Large & Mid-Cap mutual fund scheme that predominantly invests in Large & Mid-Cap stocks of companies. Launched on Jul 1998, ICICI Prudential Large & Mid Cap Fund Growth is Large & Mid-Cap fund of its category with 17,120.29 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Large & Mid-Cap funds.

  • ICICI Prudential Large & Mid Cap Fund Growth delivered 31.7% annual returns during the last year. It has delivered 18.9% average annual returns since the fund was launched.
  • ICICI Prudential Large & Mid Cap Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

To generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of large-cap and mid-cap companies. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Top 10 Holdings

Maruti Suzuki India Ltd

5.39%

Bajaj Finserv Ltd

4.55%

ICICI Bank Ltd

4.48%

HDFC Bank Ltd

3.59%

Alkem Laboratories Ltd

3.38%

SBI Cards and Payment Services Ltd Ordinary Shares

2.80%

FSN E-Commerce Ventures Ltd

2.78%

Eicher Motors Ltd

2.49%

Reliance Industries Ltd

2.35%

Infosys Ltd

2.27%

Fund Managers

  1. Ihab Dalwai (Jun 2022 - Present)
  2. Sharmila D’mello (Jul 2022 - Present)

Key Information

View Scheme Document

ICICI Prudential Large & Mid Cap Fund Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on ICICI Prudential Large & Mid Cap Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in ICICI Prudential Large & Mid Cap Fund Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in ICICI Prudential Large & Mid Cap Fund Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions