Investment Objective
ICICI Prudential Midcap Fund aims to generate capital appreciation through an actively managed diversified portfolio of mid cap stocks.
Investment Strategy
- The fund predominantly invests in mid cap companies and allocates the rest of its portfolio to equity and equity related securities of large and small cap companies and debt and money market instruments.
- It follows an active investment strategy.
- It may also invest in overseas markets through overseas equity, bonds, mutual funds, Global Depository Receipts (GDRs), ADRs, etc.; in derivatives and such other instruments.
- The scheme focuses on the companies’ business fundamentals, industry structure, sensitivity to economic factors, management quality, key earning drivers and financial strength during its stock selection process.
Who Should Invest
- Investors having an investment horizon of 5 years and above.
- Those looking for long term capital appreciation by investing in medium sized companies.
- Those seeking to benefit from the higher growth potential of mid cap companies while being aware of the higher risk associated with mid cap funds.