Aditya Birla Sun Life MIDCAP Fund vs ICICI Prudential Mid Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life MIDCAP Fund and ICICI Prudential Mid Cap Fund are both Mid Cap funds. In the 3 years to 30-10-2026, Aditya Birla Sun Life MIDCAP Fund (Direct) returned 13.3% a year and ICICI Prudential Mid Cap Fund (Direct) returned 19.4% a year. Aditya Birla Sun Life MIDCAP Fund charges 1.23% a year and ICICI Prudential Mid Cap Fund 1.10% (Direct plans). Their portfolios overlap 28.8%: they hold 27 of the same securities.
Aditya Birla Sun Life MIDCAP Fund
Mid Cap
- 3 year return
- 13.3%
- Expense ratio
- 1.23%
- NAV
- ₹875.73
ICICI Prudential Mid Cap Fund
Mid Cap
- 3 year return
- 19.4%
- Expense ratio
- 1.10%
- NAV
- ₹351.92
Which is better, Aditya Birla Sun Life MIDCAP or ICICI Prudential Mid Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- ICICI Prudential Mid Cap returned more over 5 years: 14.8% a year against 11.7%.
- ICICI Prudential Mid Cap returned more over 3 years: 19.4% a year against 13.3%.
- ICICI Prudential Mid Cap costs less: 1.10% a year against 1.23% (Direct plans).
- Aditya Birla Sun Life MIDCAP swung less over 3 years: a standard deviation of 15.6% a year against 17.9%.
- ICICI Prudential Mid Cap fell less in its worst fall since 02-01-2013: −44.0% against −45.1%.
- ICICI Prudential Mid Cap holds more in large companies: 20.2% of the fund in large caps against 7.3%.
- ICICI Prudential Mid Cap is the larger fund: ₹7,961 Cr against ₹6,550 Cr.
- Their portfolios overlap 28.8%: 27 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Aditya Birla Sun Life MIDCAP Fund | ICICI Prudential Mid Cap Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Mid Cap | Mid Cap |
| AUM | ₹6,550 Cr (30-09-2026) | ₹7,961 Cr (30-09-2026) |
| NAV | ₹875.73 (Direct) | ₹351.92 (Direct) |
| Expense ratio (Direct) | 1.23% | 1.10% |
| Expense ratio (Regular) | 2.02% | 1.84% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Midcap 150 TRI | Nifty Midcap 150 TRI |
| Launch date | 03-10-2002 | 28-10-2004 |
| Minimum investment | ₹1,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Vishal Gajwani | Lalit Kumar, Sharmila D’silva |
| Exit load | Exit load of 1%, if redeemed within 90 days. | • 1% of the applicable NAV- If the units purchased or switched in from another Scheme of the Fund are redeemed or switched out within 1 year from the date of allotment • NIL - If the units purchased or switched in from another Scheme of the Fund are redeemed or switched out after 1 year from the date of allotment • 1% of the applicable NAV- If the units purchased or switched in from another Scheme of the Fund are redeemed or switched out within 1 year from the date of allotment • NIL - If the units purchased or switched in from another Scheme of the Fund are redeemed or switched out after 1 year from the date of allotment Nil If the amount sought to be redeemed or switched out more than 12 months. |
Aditya Birla Sun Life MIDCAP vs ICICI Prudential Mid Cap: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life MIDCAP Fund (Direct) | −4.18% | −7.11% | −1.62% | −2.55% | +13.31% | +11.65% | +12.49% |
| ICICI Prudential Mid Cap Fund (Direct) | −5.04% | −7.09% | −5.25% | +0.90% | +19.38% | +14.82% | +15.56% |
| Mid Cap average | −3.36% | −6.03% | −0.14% | −2.17% | +14.75% | +12.95% | +14.07% |
Category average: the average of the 34 Mid Cap funds, same plan type.
Aditya Birla Sun Life MIDCAP vs ICICI Prudential Mid Cap: Year-wise Returns
| Year | Aditya Birla Sun Life MIDCAPAditya Birla Sun Life MIDCAP | ICICI Prudential Mid CapICICI Prudential Mid Cap | Nifty Midcap 150 TRI |
|---|---|---|---|
| 2026to date | −2.62% | −0.75% | −4.97% |
| 2025 | +5.23% | +11.94% | +5.98% |
| 2024 | +23.02% | +28.12% | +24.46% |
| 2023 | +41.07% | +33.88% | +44.61% |
| 2022 | −4.47% | +4.12% | +3.91% |
| 2021 | +51.71% | +46.16% | +48.16% |
Aditya Birla Sun Life MIDCAP vs ICICI Prudential Mid Cap: Rolling Returns
Every holding period of both funds, against Nifty Midcap 150 TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 2,667 of them, one for each trading day from 04-01-2016 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Aditya Birla Sun Life MIDCAP Fund (Direct)
ICICI Prudential Mid Cap Fund (Direct)
Nifty Midcap 150 TRI
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life MIDCAP | 7.9 | 5.8 | 7.7 | 12.4 | 19.4 | 26.6 | 20.1 | 17.3% | 19.5% | −11.5% | 41.2% | 0% |
| ICICI Prudential Mid Cap | 4.9 | 4.1 | 8.3 | 12.1 | 17.3 | 23.9 | 29.4 | 19.4% | 21.2% | −9.9% | 44.2% | 18% |
| Nifty Midcap 150 TRI | 5.4 | 7.2 | 6.3 | 10.5 | 10.9 | 28.5 | 31.2 | 19.4% | 22.1% | −8.3% | 40.6% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty Midcap 150 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 02-01-2013. Past returns do not promise future returns.
Aditya Birla Sun Life MIDCAP vs ICICI Prudential Mid Cap: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life MIDCAPAditya Birla Sun Life MIDCAP Fund (Direct) | ₹16,60,000 | ₹50,69,399 | ₹34,09,399 | 14.9% |
| ICICI Prudential Mid CapICICI Prudential Mid Cap Fund (Direct) | ₹16,60,000 | ₹62,83,250 | ₹46,23,250 | 17.6% |
Aditya Birla Sun Life MIDCAPAditya Birla Sun Life MIDCAP Fund (Direct)
ICICI Prudential Mid CapICICI Prudential Mid Cap Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Aditya Birla Sun Life MIDCAP vs ICICI Prudential Mid Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Aditya Birla Sun Life MIDCAP Fund (Direct) | ICICI Prudential Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −2.55% | +0.90% |
| Standard deviation | 16.19% | 18.40% |
| Sharpe ratio | -0.48 | -0.24 |
| Sortino ratio | -0.65 | -0.32 |
| Maximum drawdown | −14.2% (31-03-2026) | −14.9% (23-10-2026) |
| Beta | 0.95 | 1.07 |
| Alpha | +1.31% | +5.91% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life MIDCAP Fund (Direct) | ICICI Prudential Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.31% | +19.38% |
| Standard deviation | 15.64% | 17.86% |
| Sharpe ratio | 0.47 | 0.75 |
| Sortino ratio | 0.63 | 1.01 |
| Maximum drawdown | −21.9% (28-02-2025) | −21.3% (07-04-2025) |
| Beta | 0.89 | 1.01 |
| Alpha | +0.38% | +5.47% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life MIDCAP Fund (Direct) | ICICI Prudential Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.65% | +14.82% |
| Standard deviation | 15.44% | 16.77% |
| Sharpe ratio | 0.38 | 0.54 |
| Sortino ratio | 0.50 | 0.72 |
| Maximum drawdown | −21.9% (28-02-2025) | −21.3% (07-04-2025) |
| Beta | 0.89 | 0.97 |
| Alpha | −1.34% | +1.25% |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life MIDCAP Fund (Direct) | ICICI Prudential Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.43% | +18.30% |
| Standard deviation | 15.97% | 16.83% |
| Sharpe ratio | 0.59 | 0.73 |
| Sortino ratio | 0.78 | 0.98 |
| Maximum drawdown | −45.1% (24-03-2020) | −44.0% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Aditya Birla Sun Life MIDCAP Fund (Direct)
ICICI Prudential Mid Cap Fund (Direct)
Nifty Midcap 150 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life MIDCAP Fund (Direct) | −45.1% | 08-01-2018 | 24-03-2020 | 11-01-2021 | 10 months | −10.7% |
| ICICI Prudential Mid Cap Fund (Direct) | −44.0% | 08-01-2018 | 23-03-2020 | 02-12-2020 | 8 months | −11.9% |
| Nifty Midcap 150 TRI | −43.1% | 08-01-2018 | 23-03-2020 | 23-11-2020 | 8 months | −10.5% |
From daily values since 02-01-2013, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life MIDCAP Fund (Direct)
ICICI Prudential Mid Cap Fund (Direct)
Nifty Midcap 150 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life MIDCAP Fund (Direct)
ICICI Prudential Mid Cap Fund (Direct)
Nifty Midcap 150 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life MIDCAP Fund (Direct)
ICICI Prudential Mid Cap Fund (Direct)
Nifty Midcap 150 TRI
Against Nifty Midcap 150 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Aditya Birla Sun Life MIDCAP Fund (Direct) | 90% | 97% | 4.63% |
| ICICI Prudential Mid Cap Fund (Direct) | 94% | 90% | 5.11% |
From month-end values since 02-01-2013. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Aditya Birla Sun Life MIDCAP vs ICICI Prudential Mid Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life MIDCAP Fund, September 2026; ICICI Prudential Mid Cap Fund, September 2026
Holdings in common
- Overlap
- 28.8%
- Held by both
- 27
- Only in Aditya Birla Sun Life MIDCAP
- 49
- Only in ICICI Prudential Mid Cap
- 53
| Security | % of Aditya Birla Sun Life MIDCAP | % of ICICI Prudential Mid Cap |
|---|---|---|
| APL Apollo Tubes Ltd. | 3.01% | 3.95% |
| Prestige Estates Projects Ltd. | 2.07% | 2.68% |
| Navin Fluorine International Ltd. | 2.57% | 1.98% |
| UNO Minda Ltd. | 1.93% | 1.71% |
| K.P.R. Mill Ltd. | 1.61% | 2.13% |
| Apar Industries Ltd. | 1.58% | 5.98% |
| KEI Industries Ltd. | 1.55% | 2.45% |
| PB Fintech Ltd. | 1.44% | 2.68% |
| 360 ONE WAM Ltd. | 1.27% | 1.47% |
| Dixon Technologies (India) Ltd. | 1.17% | 1.19% |
| Supreme Industries Ltd. | 1.63% | 1.11% |
| Gujarat Fluorochemicals Ltd. | 1.05% | 1.28% |
| Multi Commodity Exchange of India Ltd. | 1.01% | 5.43% |
| Schaeffler India Ltd. | 0.99% | 1.39% |
| Jindal Steel Ltd. | 0.95% | 3.97% |
| SRF Ltd. | 0.88% | 1.59% |
| Hitachi Energy India Ltd. | 0.84% | 1.78% |
| BSE Ltd. | 0.84% | 3.93% |
| Astral Ltd. | 1.88% | 0.73% |
| National Aluminium Company Ltd. | 0.73% | 0.96% |
| Bharat Forge Ltd. | 0.61% | 2.84% |
| Vedanta Aluminium Metal Ltd. | 0.56% | 1.75% |
| GE Vernova T&D India Ltd. | 0.48% | 1.89% |
| FSN E-Commerce Ventures Ltd. | 0.25% | 0.29% |
| Aditya Infotech Ltd. | 1.19% | 0.14% |
| Thermax Ltd. | 2.25% | 0.13% |
| JK Cement Ltd. | 2.66% | 0.09% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 28.8% means 28.8% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Aditya Birla Sun Life MIDCAP Fund
| Security | % of fund |
|---|---|
| The Federal Bank Ltd. | 3.04% |
| AU Small Finance Bank Ltd. | 2.99% |
| Billionbrains Garage Ventures Ltd. | 2.87% |
| Ajanta Pharma Ltd. | 2.62% |
| Max Financial Services Ltd. | 2.41% |
Largest holdings only in ICICI Prudential Mid Cap Fund
| Security | % of fund |
|---|---|
| Hindustan Petroleum Corporation Ltd. | 5.43% |
| Jindal Stainless Ltd. | 2.92% |
| Muthoot Finance Ltd. | 2.83% |
| UPL Ltd. | 2.35% |
| Nippon Life India Asset Management Ltd | 2.21% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life MIDCAP | ICICI Prudential Mid Cap |
|---|---|---|
| Equity | 97.6% | 97.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | 2.4% | 2.1% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life MIDCAP | ICICI Prudential Mid Cap |
|---|---|---|
| Large Cap | 7.3% | 20.2% |
| Mid Cap | 62.5% | 68.1% |
| Small Cap | 24.8% | 9.6% |
| Not on AMFI's list | 3.0% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Aditya Birla Sun Life MIDCAP | ICICI Prudential Mid Cap |
|---|---|---|
| Capital Markets | 6.0% | 13.0% |
| Industrial Products | 9.4% | 12.1% |
| Auto Components | 3.8% | 9.9% |
| Electrical Equipment | 5.6% | 9.9% |
| Banks | 9.4% | 1.3% |
| Ferrous Metals | 0.9% | 8.3% |
| Pharmaceuticals & Biotechnology | 6.8% | 1.0% |
| Chemicals & Petrochemicals | 4.5% | 6.4% |
| Finance | 5.7% | 3.2% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life MIDCAP vs ICICI Prudential Mid Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life MIDCAP Fund | ICICI Prudential Mid Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.23% | 1.10% |
| Base expense ratio (Direct) | 0.88% | 0.89% |
| Total expense ratio (Regular) | 2.02% | 1.84% |
| Base expense ratio (Regular) | 1.56% | 1.53% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Aditya Birla Sun Life MIDCAP with
Aditya Birla Sun Life MIDCAP Fund vs ICICI Prudential Mid Cap Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life MIDCAP Fund and ICICI Prudential Mid Cap Fund?
Both are Mid Cap funds, run by Aditya Birla Sun Life Mutual Fund and ICICI Prudential Mutual Fund. Their portfolios overlap 28.8%. Aditya Birla Sun Life MIDCAP Fund charges 1.23% a year and ICICI Prudential Mid Cap Fund 1.10%.
Which has given higher returns, Aditya Birla Sun Life MIDCAP Fund or ICICI Prudential Mid Cap Fund?
Over 1 year: Aditya Birla Sun Life MIDCAP Fund −2.55%, ICICI Prudential Mid Cap Fund +0.90%. Over 3 years: Aditya Birla Sun Life MIDCAP Fund +13.31% a year, ICICI Prudential Mid Cap Fund +19.38% a year. Over 5 years: Aditya Birla Sun Life MIDCAP Fund +11.65% a year, ICICI Prudential Mid Cap Fund +14.82% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life MIDCAP Fund or ICICI Prudential Mid Cap Fund?
ICICI Prudential Mid Cap Fund charges less: 1.10% a year against 1.23%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life MIDCAP Fund and ICICI Prudential Mid Cap Fund overlap?
28.8%. They hold 27 of the same securities, the largest shared ones being APLAPOLLO, PRESTIGE, NAVINFLUOR. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life MIDCAP Fund or ICICI Prudential Mid Cap Fund?
On SEBI's riskometer, Aditya Birla Sun Life MIDCAP Fund is rated Very High and ICICI Prudential Mid Cap Fund Very High. Over 3 years, the standard deviation of daily returns was 15.64% and 17.86% a year.
Which is better for SIP, Aditya Birla Sun Life MIDCAP Fund or ICICI Prudential Mid Cap Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹8,11,892 in Aditya Birla Sun Life MIDCAP Fund (XIRR 11.2% a year) and ₹8,91,500 in ICICI Prudential Mid Cap Fund (XIRR 14.9% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Aditya Birla Sun Life MIDCAP Fund and ICICI Prudential Mid Cap Fund?
Yes. 28.8% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Aditya Birla Sun Life MIDCAP Fund and ICICI Prudential Mid Cap Fund?
Aditya Birla Sun Life MIDCAP Fund: Vishal Gajwani. ICICI Prudential Mid Cap Fund: Lalit Kumar, Sharmila D’silva.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.