Launched in October 1994, ICICI Prudential Multicap Fund is classified under the diversified equity category of CRISIL Mutual Fund Ranking. It has been ranked in the top 30 percentile (CRISIL Fund Rank 1 or 2) in the past four consecutive quarters ended March 2017.
The fund's primary objective is to generate capital appreciation through investments in equity and equity related securities in core sectors and associated feeder industries. The fund is managed by George Heber Joseph and Atul Patel. Its quarterly average assets under management stood at Rs 2,155 crore for the March 2017 quarter.