Univest
Univest
  • Markets

Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2: Full Scheme Comparison and Current Status

  • August 4, 2026
  • Posted by: Ankit Jaiswal
  • Category: Mutual Funds
No Comments
Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund - Series 2: Full Scheme Comparison and Current Status

Kotak India Growth Fund Series 7 last NAV Around Rs 15.10. ICICI Prudential Growth Fund – Series 2 available as Direct Dividend, Dividend; NAV and AUM not publicly available for these option variants.

The Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison matters for investors who came across these two close ended equity schemes while researching older mutual fund NFOs and want to know where they stand today. Both funds were structured with a fixed tenure at launch but follow different investment themes. The ICICI Prudential Growth Fund – Series 2 scheme appears in multiple plan options in fund records (Direct Dividend, Dividend); this Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 article covers all available option variants together since the underlying fund and its investment objective are the same across all options. This Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 breakdown covers category, structure, available data and present day investability of each scheme.

Click Here – Get Free Investment Predictions

Table of Contents

Toggle
  • Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2: Quick Comparison at a Glance
  • About Kotak India Growth Fund Series 7
  • About ICICI Prudential Growth Fund – Series 2
  • Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2: Key Differences Explained
  • Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2: Are These Schemes Still Open for Fresh Investment
  • Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2: Which One Fits Your Portfolio
  • Conclusion
  • Frequently Asked Questions on Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2
    • Is Kotak India Growth Fund Series 7 open for fresh investment right now?
    • Is ICICI Prudential Growth Fund – Series 2 still open for investment today?
    • What is the single biggest difference highlighted in the Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison?
    • Which AMC manages each fund in this Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison?
    • What should existing investors take away from the Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison?
    • Is there an open ended alternative to the schemes in this Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison?
    • What risk category applies across the Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison?

Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2: Quick Comparison at a Glance

This Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 table lays out the core facts side by side so you can see how the two close ended funds differ on structure, theme and scale.

Parameter Kotak India Growth Fund Series 7 ICICI Prudential Growth Fund – Series 2
AMC Kotak Mahindra Mutual Fund ICICI Prudential Mutual Fund
Category Close Ended Equity, Multi Cap Close ended equity scheme with a 3.5 year tenure
Launch / Era Inception date 31 August 2018, managed by Devender Singhal since January 2019 This series belongs to a family of nfos icici prudential mutual fund launched between 2013 and 2015
Benchmark Nifty 200 TRI Nifty 100
Risk Level Very High Very High (typical for this category)
Available Options Growth and IDCW Payout Direct Dividend, Dividend
Last Available NAV Around Rs 15.10 (Direct Growth, last public NAV as of August 2021) Not publicly available for this specific option
AUM Last Reported Not publicly confirmed for this specific plan Not publicly available for this specific option
Current Status Close ended scheme launched August 2018; public NAV tracking for this series thins out after 2021, consistent with maturity or wind-down of the fixed tenure Close ended with a fixed 3.5 year tenure from launch; most series in this family would have matured by 2017 to 2019 based on their original tenure

About Kotak India Growth Fund Series 7

In this Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison, Kotak India Growth Fund Series 7 is a close ended equity, multi cap scheme from Kotak Mahindra Mutual Fund. Inception date 31 August 2018, managed by Devender Singhal since January 2019, benchmarked against the Nifty 200 TRI. Close ended scheme launched August 2018; public NAV tracking for this series thins out after 2021, consistent with maturity or wind-down of the fixed tenure. That structure is the Kotak side of the Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison.

About ICICI Prudential Growth Fund – Series 2

The other half of this Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison, ICICI Prudential Growth Fund – Series 2, is a diversified large cap equity close ended equity scheme with a 3.5 year tenure from ICICI Prudential Mutual Fund. The scheme is available in multiple plan options including Direct Dividend, Dividend. All these options share the same underlying portfolio and investment objective for ICICI Prudential Growth Fund – Series 2; the difference lies only in how income distribution is structured. This series belongs to a family of nfos icici prudential mutual fund launched between 2013 and 2015. Close ended with a fixed 3.5 year tenure from launch; most series in this family would have matured by 2017 to 2019 based on their original tenure. That is the ICICI side of the Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison.

Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2: Key Differences Explained

The points below summarise what the Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison shows once you move past scheme names and into structure.

  • Investment theme: Kotak India Growth Fund Series 7 follows a close ended equity, multi cap mandate, while ICICI Prudential Growth Fund – Series 2 is built around diversified large cap equity, which is a different risk and return profile.
  • AMC: Kotak India Growth Fund Series 7 comes from Kotak Mahindra Mutual Fund, while ICICI Prudential Growth Fund – Series 2 comes from ICICI Prudential Mutual Fund, so expense structures, fund management style and distribution reach differ.
  • Structure: Close ended scheme launched August 2018; public NAV tracking for this series thins out after 2021, consistent with maturity or wind-down of the fixed tenure By comparison, close ended with a fixed 3.5 year tenure from launch; most Series in this family would have matured by 2017 to 2019 based on their original tenure
  • Plan options: ICICI Prudential Growth Fund – Series 2 is available across Direct Dividend, Dividend options, all of which share the same portfolio but differ in distribution mechanism.
  • Overall takeaway: the Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison ultimately comes down to two different close ended strategies from different fund houses, and neither accepts fresh investment today.

These structural differences sit at the centre of any Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison and matter more than any single data point.

Check the Univest Screener for live fund and stock data

Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2: Are These Schemes Still Open for Fresh Investment

Both schemes in this Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison were structured as close ended funds with a fixed tenure, which means neither accepts fresh lumpsum or SIP investment once the original NFO window closes. Investors who already hold units generally have to wait for maturity or a scheme merger to access their money. For Kotak India Growth Fund Series 7, close ended scheme launched august 2018; public nav tracking for this series thins out after 2021, consistent with maturity or wind-down of the fixed tenure. For ICICI Prudential Growth Fund – Series 2, close ended with a fixed 3.5 year tenure from launch; most Series in this family would have matured by 2017 to 2019 based on their original tenure. Investors seeking similar exposure today can look at ICICI Prudential Mutual Fund’s current open ended large cap and flexicap schemes, which is the practical takeaway from this Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 status check.

Download the Univest iOS App or Univest Android App to track live NAV updates and screen mutual fund data on the go.

Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2: Which One Fits Your Portfolio

Since both schemes are close ended and not confirmed open for fresh investment, this Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison is most useful for existing unit holders trying to understand their scheme’s positioning. This Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 guidance section exists for that reason. Investors who already hold either scheme should track maturity dates, merger announcements or IDCW payouts through their AMC’s official communication and consolidated account statements, since specific NAV and AUM for ICICI Prudential Growth Fund – Series 2 were not publicly available for this analysis. That is the core practical lesson of this Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison, and it is always worth confirming details with a SEBI registered advisor before deciding.

Conclusion

The Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison shows two different close ended equity strategies, one from Kotak Mahindra Mutual Fund and the other from ICICI Prudential Mutual Fund. Neither scheme is confirmed open for fresh investment today. This Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 review is a reminder to check AMC statements for the latest status on any holding. New investors exploring similar strategies should look at current open ended schemes from Kotak Mahindra Mutual Fund and ICICI Prudential Mutual Fund and consult a SEBI registered advisor before investing.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Frequently Asked Questions on Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2

The common questions readers ask about the Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison are answered below.

Is Kotak India Growth Fund Series 7 open for fresh investment right now?

Ans. No. In the Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison, Kotak India Growth Fund Series 7 is the close ended scheme from Kotak Mahindra Mutual Fund. Close ended scheme launched August 2018; public NAV tracking for this series thins out after 2021, consistent with maturity or wind-down of the fixed tenure.

Is ICICI Prudential Growth Fund – Series 2 still open for investment today?

Ans. In the Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison, ICICI Prudential Growth Fund – Series 2 is a close ended equity scheme with a 3.5 year tenure. Close ended with a fixed 3.5 year tenure from launch; most series in this family would have matured by 2017 to 2019 based on their original tenure, so specific current NAV and AUM data are not publicly available.

What is the single biggest difference highlighted in the Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison?

Ans. The biggest difference in the Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison is investment theme. Kotak India Growth Fund Series 7 follows a close ended equity, multi cap mandate, while ICICI Prudential Growth Fund – Series 2 is built around diversified large cap equity.

Which AMC manages each fund in this Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison?

Ans. Kotak India Growth Fund Series 7 is managed by Kotak Mahindra Mutual Fund, and ICICI Prudential Growth Fund – Series 2 is managed by ICICI Prudential Mutual Fund.

What should existing investors take away from the Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison?

Ans. Existing investors reading this Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison should refer to their AMC statements and any maturity or merger notice for the current status of their holding.

Is there an open ended alternative to the schemes in this Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison?

Ans. For ICICI Prudential Growth Fund – Series 2, investors can look at ICICI Prudential Mutual Fund’s current open ended large cap and flexicap schemes. For Kotak India Growth Fund Series 7, Kotak Mahindra Mutual Fund offers other diversified equity schemes for investors seeking similar exposure today.

What risk category applies across the Kotak India Growth Fund Series 7 vs ICICI Prudential Growth Fund – Series 2 comparison?

Ans. Kotak India Growth Fund Series 7 is rated Very High risk. Close ended equity schemes like ICICI Prudential Growth Fund – Series 2 are typically also rated Very High risk.



News
Author: Ankit Jaiswal
Ankit Jaiswal is the Senior Research Analyst at Univest, leading the platform's in-house equity research desk and serving as the editorial reviewer for all research and blog content published at univest.in. With 11+ years of experience in Indian equity markets, he oversees stock recommendations, earnings analysis, sector coverage, and ensures every published article meets SEBI Research Analyst Regulations. He holds a Bachelor of Commerce (B.Com) from St. Xavier's College, Kolkata — one of India's most prestigious commerce institutions — and has cleared CMT Level 2 from the CMT Association, a globally recognised certification in technical analysis and market research. His research methodology combines fundamental analysis (earnings quality, balance sheet strength, management commentary) with advanced technical analysis (chart patterns, momentum indicators, market structure) — giving Univest's retail investors a dual-lens approach that most Indian research platforms lack. Ankit is among the most comprehensively certified analysts in Indian financial media, holding five NISM certifications: Series-XV (Research Analyst), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-VI (Depository Operations), and Series-V-A (Mutual Fund Distributors). At Univest — India's SEBI-registered research and advisory platform — Ankit's responsibilities include leading the research team, finalising stock recommendations published across Pro Lite, Pro Super, and Pro Gold advisory services, and maintaining editorial oversight of all YMYL financial content published on the blog.

Leave a Reply Cancel reply