3 Equity Schemes of ICICI Prudential Mutual Fund for 2026 – Views on Equitymaster News

Hello investors! and welcome back to the channel…

I’m Mitali Dhoke (Sr. Research Analyst), here to simplify mutual fund investing and guide you on a smarter journey to wealth creation!

As we approach 2026, equity markets continue to weave the narrative of two realities: robust domestic growth on the one hand and persistent global uncertainties on the other.

While India’s economy is among the fastest growing in the world, supported by robust consumption, industrial production and infrastructure growth, volatility in global commodities, interest rates and geopolitical events are still roiling Indian equities.

With so much volatility, investors are starting to understand that returns are not just about following momentum, but just as much about partnering with the right fund house that can navigate turbulence with a research-driven, disciplined style.

That is where ICICI Prudential Mutual Fund stands out with over twenty years of experience in the Indian market. The fund house itself is known for its sound investment philosophy, in-depth research capabilities and risk-adjusted return orientation.

It takes a consistent, process-oriented approach that combines bottom-up stock selection with a top-down macro view – a balance that becomes necessary as markets swing between optimism and caution.

Be it diversified core funds or thematic funds, ICICI Prudential’s equity plans have built a track record of navigating market cycles while fairly rewarding long-term investments.

As we enter a year where quality, valuation discipline and consistency will be more important than ever, here are the top 3 equity schemes of the ICICI Prudential Mutual Fund, based on their five-year rolling CAGR, judicious management view, forward-looking allocation and sophisticated risk management.

Before we go any further, please note that this video is for informational purposes only. It is not a recommendation for any investment fund and should not be considered as such. There is no opinion or position on any plan discussed herein.

#1 ICICI Pru Dividend Yield equity fund

ICICI Prudential Dividend Yield Equity Fund reflects the fundamentals of the fund house: emphasis on value, income stability and long-term growth. The scheme aims to invest in companies that offer relatively high dividend yields, coupled with healthy fundamentals and healthy cash flows.

Rather than chasing high-growth momentum stocks, the fund focuses on stable companies that can generate consistent returns and reward shareholders in the form of dividends.

Over the past five years, ICICI Prudential Dividend Yield Equity Fund has delivered a rolling CAGR of around 30.39%, which is indicative of its steady compounding strategy rather than chasing speculative gains.

As of September 2025, the fund has an asset base of approximately Rs 57.79 billion, invested in approximately 77.7% in large-cap stocks, 6.8% in mid-caps and 6.8% in small-caps. The largest holdings are ICICI Bank Ltd. (6.8%), NTPC (6.1%) and HDFC Bank Ltd. (5.9%), all sectors with stable earnings and a consistent history of dividend payments.

Sector exposure is diversified between banks (21.7%), cars and accessories (10.5%), crude oil (9.6%) and energy (7.3%), balancing growth potential and income stability.

This mix reflects the fund house’s philosophy of achieving market growth while maintaining risk management and consistent performance.

#2 ICICI Pru Value Fund

ICICI Prudential Value Fund follows a value investing strategy, with an emphasis on fundamentally sound companies that are undervalued by the market in the short term.

The fund seeks to identify companies with strong balance sheets, stable earnings and long-term growth prospects, with the aim of delivering superior risk-adjusted returns over the long term.

Over the past five years, the fund has delivered a rolling CAGR of approximately 28%, highlighting its ability to spot undervalued opportunities and benefit from market revaluations while minimizing downside risk.

As of September 2025, the fund manages assets worth approximately Rs 537.5 billion, of which approximately 80.07% is in large-cap stocks, 7.6% in mid-caps and a minimum exposure of 3.3% to small-caps.

Major holdings include RIL (7.4%), ICICI Bank Ltd. (6.6%) and HDFC Bank Ltd. (6.3%), while sector positioning is spread across banking (22.9%), IT (11.5%) and healthcare (10.9%).

Backed by ICICI Prudential AMC’s sound, research-backed philosophy, the fund combines conviction with patience, picking from companies that are fundamentally sound but generally ignored by the market.

#3 ICICI Pru Large & Mid Cap Fund

ICICI Prudential Large & Mid Cap Fund combines the stability of large caps with the growth potential of mid-caps, selecting fundamentally good companies with clear earnings growth.

The fund aims to provide consistent long-term capital generation through a diversified portfolio, while limiting volatility across market cycles. Leveraging ICICI Prudential AMC’s experience of nearly four decades in managing large and mid-cap equities, the fund is strengthened by the house’s ability to navigate market cycles and identify structural growth trends.

Over the past five years, the fund has delivered a rolling CAGR of approximately 27.5%, reflecting its ability to capture growth opportunities in both large and mid-caps while limiting downside risk through market corrections.

As of August 2025, the fund manages assets worth approximately Rs 236.9 billion, of which approximately 47.1% is in large-cap stocks, 36.5% in mid-caps and a selective exposure of 11.7% to small-caps.

Top stocks include Axis Bank (5.3%), Maruti Suzuki (4.9%) and FSN E-Commerce Ventures Ltd. (3.9%), showing a portfolio of good companies at low prices. Sector positioning is spread across automotive and supply (18.5%), banking (12.1%) and retail (7.1%), showing a mix of defensive and cyclical sectors.

The fund is suited to long-term wealth creation through disciplined, fund house-backed strategies that balance stability and growth potential.

Conclusion

ICICI Prudential’s equity plans can be considered for investing in India’s volatile markets. Each fund pursues a specific opportunity, whether it’s capturing the growth of stocks in large and mid-cap companies, identifying undervalued companies or providing stable dividend income.

What is special about these schemes is the link with a fund house that offers experience with responsive market insight.

ICICI Prudential AMC leverages the lessons learned from decades of experience in managing diverse portfolios to develop strategies that respond to changing economic and sectoral trends, with long-term goals always in view.

These schemes are not only tools for building wealth, but also tools for building a structured, diversified stock portfolio over time.

So if you found this video useful, don’t forget to hit the like button and share it with other investors!

For more expert insights on mutual fund investing, check out our related videos and articles linked below.

And if you’re new to the channel, click ‘Subscribe’ and tap the bell icon so you never miss an update on smart investing strategies.

Unsubscribe for now

Invest wisely.

Have fun investing.

Disclaimer: This article is for information purposes only and does not constitute any investment advice or recommendation to buy/hold/sell any fund. The returns mentioned herein are in no way a guarantee or promise of future returns. As an investor, you must choose the right fund to achieve your financial goals. If you are unsure about your risk tolerance, please consult your investment advisor/advisor. Investments in mutual funds are subject to market risks; read all fund-related documents carefully. Registration granted by SEBI, registration as IA with Exchange and certification by NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors.