ICICI Prudential Flexi Cap Fund: Returns, Risk and Cost

To 16 October 2026, the direct plan returned 0.38% over 1 year, 14.59% over 3 years, 13.67% over 5 years (a year, annualised beyond one year). These are AMFI NAV returns of the Direct-Growth plan; the regular plan’s are lower by roughly the difference in expense ratios. Past returns do not guarantee future returns.

Over 1 year it ranked 12th of 40, against a category average of -0.86%. Over 3 years it ranked 9th of 36, against a category average of 11.89%. Over 5 years it ranked 3rd of 27, against a category average of 9.64%. Ranks compare the direct plans of the flexi cap funds AMFI lists today, by return; they are not ratings.

As disclosed on 15 October 2026, the total expense ratio is 0.88% a year for the direct plan and 1.73% for the regular plan. The 0.85% gap is mostly the distributor’s commission. On ₹10 lakh held for 10 years at an assumed 12% a year before costs, the direct plan would end about ₹2.12 lakh ahead.

Its direct plan NAV fell 19.7% from its high on 27 September 2024 to 28 February 2025, and was back at that high on 17 September 2025. On 23 October 2026 it was 9.8% below its highest NAV, set on 20 August 2026.

Its average assets in July–September 2026 were ₹24,586 crore, across all plans, per AMFI: the 5th largest of 46 flexi cap funds.

88 out of 100 as of 23 October 2026, ranking it 6 of the 43 flexi cap funds Genvest scores. The Genvest AI score is Genvest’s proprietary score that ranks mutual funds within their category using quantitative methods. It is not a recommendation to buy, sell or hold any fund.

That depends on your goals, how long you can stay invested and what else you hold, which this page cannot know. What the data shows: its returns against other flexi cap funds, how far it has fallen, and what it costs. Its rank changes from year to year, so look at several periods rather than one, and at how a fall like its worst would feel for your money. This is education, not a recommendation to buy, sell or hold.