Fundalysisby DARKHORSESTOCKS

Scheme

ICICI Prudential Active Momentum Fund

Holds 46 companies worth ₹1,965 Cr in Sept 2026.

  • Fund house

    ICICIThe fund house that runs this scheme.

  • AUM

    ₹2,097 CrICICI Prudential Active Momentum Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 3.0% on Aug 2026, ₹2,163 Cr.

  • Largest holding

    Motherson Sumi SystemsMotherson Sumi Systems is 3.8% of this scheme's NAV.

  • Fund manager

    Manasvi ShahRuns its co-manager part since 25 Jul 2025, as the fund house dates it. With Sharmila D'silva (co-manager).

Overview(31 Aug 2026)

Fund managers2

  1. Manasvi ShahCo-manager · Jul 2025 · 9y · B.Com
  2. Sharmila D'silvaCo-manager · Jul 2025

    Key facts

    Benchmark
    Nifty 500 TRI
    Expense
    Regular 2.86% · Direct 1.81%
    Exit load
    • 1% of the applicable NAV - If the amount sought to be redeemed or switched out is invested for a period of up to one month from the date of allotment. • NIL – If the amount sought to be redeemed or switched out is invested for a period of more than one month from the date of allotment
    Started
    25 Jul 2025
    Minimum
    ₹500

    Source.Its Scheme Summary Document as of 31 Aug 2026 at AMFI.

    What changed(7 changes)

    Aug 2026

    2 changes
    1. Expense ratio
      31 AugRegular 2.89% → 2.86%
    2. Category
      31 AugEquity Scheme - Sectoral/Thematic → Equity Scheme - Thematic

    Jul 2026

    2 changes
    1. Exit load
      21 Jul1% within 12 months → • 1% of the applicable NAV - If the amount sought to be redeemed or switched out is invested for a period of up to one month from the date of allotment. • NIL – If the amount sought to be redeemed or switched out is invested for a period of more than one month from the date of allotment
    2. Expense ratio
      21 JulRegular 2.02% → 2.89%Direct 0.94% → 1.81%

    Jun 2026

    1 change
    1. Expense ratio
      14 JunRegular 2.15% → 2.02%Direct 0.95% → 0.94%

    Source.Its filings at NSE, since Aug 2025.

    Fund managers over time(Jul 2025 – now)

    1. Manasvi Shah
    2. Sharmila D'silva
    MainCoSlice2026
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Aug 2025 – Aug 2026)

    Every change to the expense ratio, newest first.
    6 changesRegularDirectΔ pt
    31 Aug 20262.86%1.81%0
    21 Jul 20262.89%1.81%0.87
    14 Jun 20262.02%0.94%0.01
    4 Jan 20262.15%0.95%0.04
    9 Sept 20252.19%0.99%0.02
    11 Aug 20252.21%1.01%–
    Direct plan, 31 Aug 2026
    1.81%
    Regular plan 2.86% · Exit load • 1% of the applicable NAV - If the amount sought to be redeemed or switched out is invested for a period of up to one month from the date of allotment. • NIL – If the amount sought to be redeemed or switched out is invested for a period of more than one month from the date of allotment
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(31 Aug 2026)

    Objective

    To generate long-term capital appreciation by investing in Equity & Equity related instruments of companies reflecting momentum factors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

    Risk, type and benchmark

    At launch
    Very High
    Type
    Open Ended
    Benchmark
    Nifty 500 TRI

    Asset allocation it may hold% of NAV

    1. Equity & Equity related instruments of Companies reflecting momentum factors
      Allowed80–100%
    2. Other Equity and Equity related instruments
      Allowed0–20%
    3. Money market instruments, other liquid instruments^, Units of Overnight funds, Liquid funds and Money Market funds
      Allowed0–20%
    4. Units issued by INVITs
      Allowed0–10%Holds0.0%

    Holds in Sept 2026.93.7% equity · 6.3% debt and cash

    How to invest(31 Aug 2026)

    Buying

    To start
    ₹500, then in multiples of ₹1
    To add
    ₹500, then in multiples of ₹1
    SIP how often
    Daily,Weekly,Fortnightly,Monthly,Quarterly
    SIP dates
    Daily = Daily (only business days) Weekly = Anyday (Monday to Friday)* Fortnightly = 1st and 16th day of each month as applicable Monthly = Any day* Quarterly = Any day* *In case the date chosen for SIP falls on a Non-Business Day or on a date which is not available in a particular month, the SIP will beprocessed on the immediate next Business Day.
    SIP minimum
    Daily,Weekly,Fortnightly,Monthly = Rs. 100 Quarterly = Rs. 5,000, then re. 1/-
    SIP instalments
    Daily,Weekly,Fortnightly,Monthly = 6 Quarterly = 4

    Selling and switching

    To redeem
    Any amount
    Switch minimum
    ₹500
    Switch multiples
    Any amount
    STP how often
    Daily,Weekly,Monthly,Fortnightly,Quarterly
    STP dates
    Daily = Daily (only business days) Weekly = Anyday (Monday to Friday)* Monthly = Any day* Quarterly = Any day* Fortnightly = 1st and 16th day of each month as applicable *In case the date chosen for STP falls on a non-business day or on a day which is not available in a particular month, the STP will be processed on the immediate next business day.
    STP minimum
    Monthly, Weekly,Fortnightly, Quarterly = Rs. 1,000 Daily = Rs. 250, then re. 1/-
    STP instalments
    Daily,Weekly,Fortnightly,Monthly = 6 Quarterly = 4
    SWP how often
    Monthly,Quarterly, Half Yearly,Annual
    SWP dates
    Monthly = Any day* Quarterly= Any day* Half Yearly = Any day* Annual = Any day* *In case none of the frequencies has been selected then Monthly frequency shall be considered as the Default frequency and where no withdrawal date is selected, 1st business day of the month shall be considered as the default SWP date.
    SWP minimum
    Any amount, then re. 1/-
    SWP instalments
    Monthly,Quarterly, Half Yearly,Annual = 2

    Scheme details(31 Aug 2026)

    What it is

    Category
    Equity Scheme - Thematic
    Offer
    8 Jul 2025 to 22 Jul 2025
    Started
    25 Jul 2025
    Reopened
    29 Jul 2025
    Plans
    ICICI Prudential Active Momentum Fund - Direct Plan - Growth · ICICI Prudential Active Momentum Fund - Growth
    Face value
    ₹10
    Listed
    No

    How it is run

    Swing pricing
    No
    Side-pocketing
    Provisions for Segregated Portfolio have been added as as enabler
    Custodian
    Citibank N.A., HDFC, SBI-SG Global Securities Services Private Limited and HSBC are acting as Custodians for the Scheme.
    Auditor
    M/s BSR & Co. LLP
    Registrar
    Computer Age Management Services Limited
    SEBI code
    ICIC/O/E/THE/25/01/0196