Large Cap Strategy

ICICI Prudential AMC Ltd
PMS Large Cap
Benchmark
Nifty 50 TRI
Inception Date
17 March 2009
Min. Investment
₹50,00,000
AUM (Cr.)
₹910.08
SIP Available
No
STP Available
No

Investment Strategy

Investment Approach

The investment strategy focuses on identifying and acquiring equity securities of companies exhibiting robust earnings growth prospects at attractive valuations. The objective is to achieve superior risk-adjusted returns through a systematic, top-down allocation across various market sectors.

Investment Objective

A carefully curated equity portfolio designed for sustained wealth creation, primarily allocating assets to established, large-capitalization businesses.

Performance Returns

Returns as on 2025-12-31

Trailing Returns

Period Strategy Benchmark Outperformance
1 MONTH 0.55% -0.28% 0.83%
3 MONTHS 5.25% 6.33% -1.08%
6 MONTHS 3.15% 2.92% 0.23%
1 YEAR 11.26% 11.88% -0.62%
2 YEAR 15.92% 10.97% 4.95%
3 YEAR 20.99% 14.32% 6.67%
5 YEAR 21.31% 14.68% 6.63%
SINCE INCEPTION 16.42% 15.80% 0.62%

Calendar Year Performance

Year Return
CY 2009 60.13%
CY 2025 11.26%
CY 2024 20.79%
CY 2023 31.80%
CY 2022 11.21%
CY 2021 33.37%
CY 2020 13.44%
CY 2019 8.33%
CY 2018 0.28%
CY 2017 31.30%
CY 2016 -3.01%
CY 2015 -0.22%
CY 2014 51.02%
CY 2013 9.08%
CY 2012 34.65%
CY 2011 -18.85%
CY 2010 12.41%

Financial Year Performance

Year Return
FY 26_YTD 12.84%
FY 09 4.57%
FY 25 8.45%
FY 24 52.26%
FY 23 2.11%
FY 22 27.91%
FY 21 77.71%
FY 20 -29.00%
FY 19 11.75%
FY 18 8.67%
FY 17 17.17%
FY 16 -5.17%
FY 15 38.05%
FY 14 25.97%
FY 13 9.02%
FY 12 -2.13%
FY 11 10.67%
FY 10 49.31%

Past performance is not indicative of future results. Returns are subject to market risks.

Fund Managers

Ms. Geetika Gupta

Senior Fund Manager- PMS & AIF

Ms. Geetika Gupta became part of IPAMC in August 2021. Her current role involves serving as a Fund Manager for both Portfolio Management Services and Alternative Investment Funds. With more than ten years of investment experience, her expertise spans both sell-side and buy-side equity research. Before joining IPAMC, Ms. Gupta spent six years as Vice President at First Voyager Advisors, where she oversaw the fund's investments in the Indian equity market. Prior to that, from 2011 to 2015, she worked as a Research Analyst at Kotak Institutional Equities, focusing on the Banking, Financial Services, and Insurance (BFSI) sector. Her career commenced in 2007 at Lehman Brothers, covering US Equities, followed by an internship in the Investment Banking Division at Morgan Stanley, Singapore, in 2010. Ms. Gupta possesses substantial knowledge of the BFSI sector, alongside B2C businesses within the consumer and technology domains. She is an alumnus of IIT Delhi, holding a B. Tech in Chemical Engineering, and IIM Ahmedabad.

Chockalingam Narayanan

Head Equities – PMS & AIF (Long only)

Mr. Chockalingam commenced his tenure at ICICI Prudential AMC in July 2022. He currently serves as a Senior Fund Manager, overseeing both Portfolio Management Services (PMS) and Alternative Investment Funds (AIF) at IPAMC. With close to twenty years of comprehensive expertise, Mr. Chockalingam possesses a strong background in fund management, investment research, and market analysis. His contributions have been significant in dissecting business fundamentals to generate pertinent and actionable insights, thereby fostering portfolio expansion. He is a recognised authority for providing in-depth macroeconomic analysis, alongside insights into financial markets and Environmental, Social, and Governance (ESG) factors. These elements have consistently formed the bedrock of diverse investment strategies he has developed throughout his career. Prior to his association with IPAMC, Mr. Chockalingam held positions at distinguished institutions including Baroda BNP Paribas Asset Management India Pvt Ltd, Deutsche Equities India Pvt Limited, and Batlivala & Karani Securities. Academically, he holds a Post Graduate Diploma in Management from T A Pai Management Institute, Manipal, and a Bachelor of Commerce from G. R. Damodaran College of Science. Furthermore, he is a certified Financial Risk Manager (FRM) by the Global Association of Risk Professionals, USA.

Portfolio Details

Portfolio Composition

Large Cap
96.79%
Mid Cap
0.00%
Small Cap
0.00%
Cash & Equivalent
3.21%

Top 5 Holdings

  • Larsen & Toubro Ltd 7.93%
  • State Bank of India Ltd 7.36%
  • ICICI Bank Ltd 6.91%
  • Bharti Airtel Ltd 6.86%
  • HDFC Bank Ltd 5.87%

Top 5 Sectors

  • Banks 24.40%
  • Retailing 8.54%
  • Insurance 8.37%
  • Construction 8.19%
  • Ferrous Metals 7.89%

Portfolio Characteristics

total number of stocks
N/A
top 5 stocks percent
34.93%
top 5 sectors percent
57.39%
average market cap
482116.57
portfolio age
16 Yrs, 9 Months
sip
Not Available
stp
Not Available

Fee Structure

Fixed Fee

AMC: 2.5%

Variable Fee

AMC: 1.5%

Hurdle: 10%

Profit Sharing: 15%

Exit Load

Year 1: 1%

Year 2: 0%

Year 3: 0%

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Disclaimer

Returns are as of 2025-12-31. Returns for periods up to one year are not annualized. Returns for periods exceeding one year are annualized. Returns are computed using the Time Weighted Rate of Return (TWRR) methodology and are provided by the respective Asset Management Companies (AMCs). 'ND' denotes 'No Data', and 'NA' denotes 'Not Applicable'. The performance of the respective Benchmark Indices is presented above. Benchmark(s) are as defined in SEBI circular no. SEBI/HO/IMD/IMD-PoD-2/P/CIR/2022/172 dated December 16, 2022, APMI circular no. APMI/2022-23/02 dated March 23, 2023, and Revised Annexure-1.

This page is provided solely for general informational purposes in relation to the strategy and is based on publicly available information. While reasonable care has been taken to ensure accuracy, the information may not reflect the most recent updates.

Nothing on this page constitutes investment, financial, or legal advice. Investment decisions should be made after consulting a qualified advisor and reviewing official scheme documents.

Last Updated: January 2026 · Published by Affluense AI (affluense.ai)