Fundalysisby DARKHORSESTOCKS

Fund manager · ICICI

Lalit Kumar

Senior Fund Manager – MF Equity at ICICI. Runs 5 schemes worth ₹63,203 Cr.

  • Fund house

    ICICIThey run their schemes at ICICI.

  • AUM they run

    ₹63,203 CrThe AUM of the schemes they run, as main or co-manager, at the latest month's end, as AMFI reports it. A scheme two people run counts for both.

  • Schemes

    5 now · 1 beforeSchemes they run now, as main or co-manager, and ones they ran before, since May 2025.

  • Experience

    15 yearsOver 15 years of experience

Profile(ICICI's SAI, 30 Jun 2026)

About

Role
Senior Fund Manager – MF Equity
Studied
PGDM – Indian Institute of Managem ent,
Age
41 years
Experience
Over 15 years of experience

Schemes now5

  1. ICICI Prudential Large Mid Cap Fund₹31,628 Cr
  2. ICICI Prudential Multi Cap Fund₹18,717 Cr
  3. ICICI Prudential Mid Cap Fund₹7,961 Cr
  4. ICICI Prudential Commodities Fund₹4,133 Cr
  5. ICICI Prudential Conglomerate Fund₹763 Cr

AUM they run(Oct 2020 – Sept 2026)

AUM at month end each month, and its change on the month before
12 months₹ CrChange
Sept 202663,203−5.1%
Aug 202666,627+3.5%
Jul 202664,356+4.3%
Jun 202661,720+103.9%
May 202630,266+3.8%
Apr 202629,167+15.2%
Mar 202625,328−10.0%
Feb 202628,152+3.4%
Jan 202627,237−1.6%
Dec 202527,681+1.6%
Nov 202527,242+3.9%
Oct 202526,220+4.5%
AUM at month end, Sept 2026
₹63,203 Cr
+141.1% since Oct 2025
Fig. 1.The AUM of the schemes Lalit Kumar ran at each month's end, each only in the months they ran it, ₹ crore. A scheme two people run counts in full for both. Source: AMFI.

Schemes over time(Jul 2020 – now)

  1. Commodities Fund
  2. Mid Cap Fund
  3. Retirement Fund Hybrid Conservative Plan
  4. Conglomerate Fund
  5. Multi Cap Fund
  6. Large Mid Cap Fund
ICICI202120222023202420252026
Fig. 1.The schemes they ran when, the oldest first: each from the date its fund house gives, or the first document listing them where it gives none, to when they left, coloured by fund house.

Schemes(Jul 2020 – now)

ICICI

5 now · since Jul 2020
  1. ICICI Prudential Large Mid Cap Fund
    Fund managerJun 2026—5m₹31,628 CrLarge & Mid CapTER 0.67%
  2. ICICI Prudential Conglomerate Fund
    Co-managerJul 2025—1y 4m₹763 CrSectoral / ThematicTER 1.34%

Source.Each scheme's Scheme Summary Document at AMFI and its filings at NSE.

Performance(6 schemes)

Growth · Direct plans

Return as manager
+15.94%
Beat peers
2 of 4
vs peers
−0.30 pt
Longest run
6.3 years
Beat benchmark
Upcoming
Each scheme Lalit Kumar ran, against its peers and benchmark over the same months. Source: AMFI. Click a column's header to sort by it.
ICICI Prudential Commodities Fund
Jul '20–now · 6.3y
+30.07%+19.76%+10.31 pt––
ICICI Prudential Mid Cap Fund
Aug '22–now · 4.2y
+18.78%+16.92%+1.85 pt––
ICICI Prudential Retirement Fund Hybrid Conservative Plan
Jun '23–Sep '25 · 2.3y
+13.10%+16.00%−2.90 pt––
ICICI Prudential Multi Cap Fund
Aug '25–now · 1.2y
+3.15%+5.61%−2.45 pt––
ICICI Prudential Conglomerate Fund
Oct '25–now · 1.0y
−3.70%−1.64%−2.06 pt––
ICICI Prudential Large Mid Cap Fund
Jun '26–now · 0.4y
−2.39%+0.37%−2.76 pt––
Fig. 1.Each scheme Lalit Kumar ran, against its peers and benchmark over the same months. Source: AMFI.

Works with(1 now)

  1. Gaurav JainLarge Mid Cap Fund1 scheme