ICICI Prudential Largecap Fund has once again proved why it remains one of the most trusted mutual fund schemes for long-term wealth creation. Over the past 17 years, this fund has delivered exceptional performance and consistently rewarded disciplined investors—whether through lump-sum investments or systematic investment plans (SIPs).
Launched in 2008, the scheme has built an impressive track record by investing primarily in India’s top 100 companies based on market capitalization. Its strong focus on quality businesses has helped investors multiply their wealth steadily over the years.
According to data from ACE MF, ICICI Prudential Largecap Fund has generated a CAGR of 15% over the last 17 years, making it one of the standout performers in the large-cap category.
The fund has delivered across multiple time horizons:
10-year CAGR: 15.02%
5-year CAGR: 19.97%
3-year CAGR: 18.48%
This consistency highlights the fund’s ability to navigate market volatility while maintaining stable, long-term returns.
If an investor had made a lump-sum investment of ₹10 lakh on 23 May 2008, the amount would have grown to ₹1.15 crore by 21 November 2025.
This growth reflects the power of compounding and the fund’s disciplined focus on fundamentally strong companies. Investors who stayed invested through market cycles have enjoyed handsome long-term gains.
Even when evaluated over relatively shorter durations, the fund continues to impress:
A 10-year investment of ₹10 lakh would now be worth ₹40.70 lakh
A 5-year investment of ₹10 lakh would have grown to ₹24.55 lakh
This performance underscores the fund's stability and investor-friendly growth pattern over the medium to long term.
Systematic investors have also benefited significantly from this scheme. Someone who started a monthly SIP of ₹10,000 in May 2008 would have accumulated around:
₹97.37 lakh by now with an XIRR of 15.63%
Similarly:
A 10-year SIP of ₹10,000 per month would have grown to ₹28.21 lakh (XIRR 16.35%)
A 5-year SIP would now be worth ₹9.22 lakh
For long-term wealth builders, this fund has proven to be a reliable performer through changing market scenarios.
Fund manager Anish Tawakale attributes the scheme's stellar performance to its focus on companies with strong profitability, leadership positions, and proven financial track records.
Key investment strengths include:
Preference for fundamentally strong large-cap stocks
Avoiding short-term market noise
Consistent investment in companies with sustainable earnings
Lower dependence on mid-cap and small-cap segments due to higher valuations in those categories
The fund prioritizes stability and quality—two essential components for long-term compounding.
Previously known as the ICICI Prudential Bluechip Fund, this open-ended scheme invests 80–100% of its portfolio in large-cap stocks, specifically the top 100 companies by market capitalization.
The remaining portion may be invested in:
Other equity instruments
Debt securities
Money market instruments
REITs and InvITs (in small proportion)
Its benchmark index is the Nifty 100 TRI, and the fund is jointly managed by Anish Tawakale, Vaibhav Dusad, and Sharmila DeSilva.
Investors can begin investing in ICICI Prudential Largecap Fund with as little as ₹100, making it accessible even for beginners. This flexibility, combined with long-term performance, makes it a popular choice among retail investors seeking steady compounding and reduced volatility.
