{"id":249260,"date":"2026-09-16T13:06:49","date_gmt":"2026-09-16T07:36:49","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/icici-pru-mnc-fund-direct-growth-review-2026\/"},"modified":"2026-09-16T13:06:49","modified_gmt":"2026-09-16T07:36:49","slug":"icici-pru-mnc-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/icici-pru-mnc-fund-direct-growth-review-2026\/","title":{"rendered":"ICICI Pru MNC Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-mnc-fund-g-direct-plan\">ICICI Pru MNC Fund Direct Growth Plan<\/a> is an equity fund with a current NAV of \u20b932.61 as of 11 Sep 2026 and an AUM of \u20b91,807 Cr. Its 1-year, 3-year and 5-year returns are 4.89%, 9.95% and 11.72%, and the fund sits in the High Risk category.<\/p>\n<p>Our view is that the fund suits investors who are comfortable with sharp equity swings and want a portfolio built around multinational companies. The longer-term return pattern is stronger than the benchmark, but the recent 1-year stretch has been softer, so the case for the fund depends more on patience than on near-term momentum.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-mnc-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-mnc-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-mnc-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_ICICI_Pru_MNC\" title=\"Should you BUY or HOLD ICICI Pru MNC?\">Should you BUY or HOLD ICICI Pru MNC?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-mnc-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-mnc-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-mnc-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-mnc-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-mnc-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-mnc-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-mnc-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-mnc-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b932.61 as of 11 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b91,807 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>1.08%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>17 Jun 2019<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9100<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>High Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Equity<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>1% on or before 12M, Nil after 12M<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Roshan Chutkey<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Roshan Chutkey.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 11 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>-4.57%<\/td>\n<td>-4.81%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>0.52%<\/td>\n<td>-3.63%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>4.89%<\/td>\n<td>-8.27%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>9.95%<\/td>\n<td>5.59%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>11.72%<\/td>\n<td>5.58%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund\u2019s recent path has been uneven. Over 1 month, it declined, but the fall was slightly less severe than the benchmark\u2019s drop, which suggests the portfolio has not been immune to market weakness but has held up a little better in that brief window.<\/p>\n<p>The 3-month outcome is more encouraging because the fund turned positive while the benchmark stayed negative. That points to a sharper short-term rebound than the index, even though the move is not large enough to describe as a sustained rerating.<\/p>\n<p>The bigger picture is more important here. The 3-year and 5-year numbers both sit well above the benchmark, and that tells us the fund has created more value over fuller market cycles than the index has. Still, the gap between a softer 1-year outcome and a stronger 3-year and 5-year trend shows that the fund can go through periods where returns do not move in a straight line.<\/p>\n<p>For investors, that mix matters: the fund has historically rewarded patience, but recent behaviour reminds us that the ride can be choppy. Its compounding pattern looks stronger over multiple years than over the most recent year, so short holding periods may not capture what this portfolio is built to deliver.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 11 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_ICICI_Pru_MNC\"><\/span>Should you BUY or HOLD ICICI Pru MNC?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding ICICI Pru MNC? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-mnc-fund-g-direct-plan\">ICICI Pru MNC Fund Direct Growth Plan<\/a><\/td>\n<td>4.89%<\/td>\n<td>9.95%<\/td>\n<td>11.72%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-strategic-metal-and-energy-equity-fof-g-direct-plan\">ICICI Pru Strategic Metal and Energy Equity FoF Direct Growth Plan<\/a><\/td>\n<td>69.16%<\/td>\n<td>37.12%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/hdfc-pharma-and-healthcare-fund-g-direct-plan\">HDFC Pharma and Healthcare Fund Direct Growth Plan<\/a><\/td>\n<td>27.47%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/sbi-automotive-opportunities-fund-g-direct-plan\">SBI Automotive Opportunities Fund Direct Growth Plan<\/a><\/td>\n<td>27.05%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/kotak-healthcare-fund-g-direct-plan\">Kotak Healthcare Fund Direct Growth Plan<\/a><\/td>\n<td>26.51%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/motilal-oswal-active-momentum-fund-g-direct-plan\">Motilal Oswal Active Momentum Fund Direct Growth Plan<\/a><\/td>\n<td>25.46%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>On the recent 1-year measure, this fund trails the strongest peer returns in the list by a wide margin, even though it remains positive. The longer-term picture is more balanced: its 3-year and 5-year returns are stronger than the peer data available for the comparison set that reports those horizons, but several peers do not disclose longer horizons in this slice, so the table is better read as a directional comparison than a complete league.<\/p>\n<p>The useful takeaway is that this fund appears built more for steadier multi-year compounding than for chasing the sharpest short-term bursts. That is consistent with the way its benchmark comparison and portfolio profile line up, and it also explains why the recent year looks weaker than the broader history.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 11 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Hindustan Unilever Ltd.<\/td>\n<td>FMCG<\/td>\n<td>6.99%<\/td>\n<\/tr>\n<tr>\n<td>Maruti Suzuki India Ltd.<\/td>\n<td>Automobile &amp; Ancillaries<\/td>\n<td>5.67%<\/td>\n<\/tr>\n<tr>\n<td>Britannia Industries Ltd.<\/td>\n<td>FMCG<\/td>\n<td>4.94%<\/td>\n<\/tr>\n<tr>\n<td>Nestle India Ltd.<\/td>\n<td>FMCG<\/td>\n<td>4.94%<\/td>\n<\/tr>\n<tr>\n<td>Sona BLW Precision Forgings Ltd.<\/td>\n<td>Automobile &amp; Ancillaries<\/td>\n<td>4.5%<\/td>\n<\/tr>\n<tr>\n<td>Sun Pharmaceutical Industries Ltd.<\/td>\n<td>Healthcare<\/td>\n<td>4.2%<\/td>\n<\/tr>\n<tr>\n<td>Hyundai Motor India Ltd.<\/td>\n<td>Automobile &amp; Ancillaries<\/td>\n<td>3.86%<\/td>\n<\/tr>\n<tr>\n<td>Vedanta Aluminium Metal Ltd.<\/td>\n<td>Non &#8211; Ferrous Metals<\/td>\n<td>3.81%<\/td>\n<\/tr>\n<tr>\n<td>DR. Reddy&#8217;S Laboratories Ltd.<\/td>\n<td>Healthcare<\/td>\n<td>3.48%<\/td>\n<\/tr>\n<tr>\n<td>United Spirits Ltd.<\/td>\n<td>Alcohol<\/td>\n<td>3.14%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding, Hindustan Unilever Ltd., stands at 6.99%, which is meaningful but not overwhelming on its own. The weight then steps down gradually rather than collapsing after the top name, and the tenth holding still carries 3.14%, so the portfolio does not rely on a single position to drive the story.<\/p>\n<p>The displayed top 10 holdings together account for approximately 45.53% of the portfolio, and the fund discloses 48 holdings in total. That suggests a fairly broad tail beyond the biggest names, even though the top end is still influential. In our view, the structure may reduce dependence on just a few stocks while still leaving the portfolio meaningfully shaped by its larger positions.<\/p>\n<p>Because the exposures are spread across consumer, automobile and healthcare names, the portfolio may behave differently from a broad index-heavy equity fund. The mix is not highly concentrated in one sector bucket within the visible holdings, but the larger weights are still likely to have greater influence on near-term returns than the smaller positions.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-mnc-fund-g-direct-plan\">ICICI Pru MNC Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 11 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund is better suited to investors who can tolerate High Risk and stay invested for at least three to five years. The 3-year and 5-year return pattern is stronger than the benchmark, but the recent 1-year result shows that shorter periods can look much less rewarding.<\/p>\n<p>The main trade-off is between access to a portfolio of multinational companies and the possibility of uneven short-term performance. Investors who want a smoother experience may find the recent volatility uncomfortable, while those who value patient compounding and can handle equity drawdowns may find the profile more suitable.<\/p>\n<p>The portfolio\u2019s visible holdings also suggest a tilt toward established consumer, healthcare and automobile names, which can support quality bias but does not remove market risk. This makes the fund more relevant for long-term equity allocation than for near-term capital needs.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Exit load: 1% if units are sold on or before 12 months; nil after 12 months.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 11 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>What is the current NAV of ICICI Pru MNC Fund Direct Growth Plan?<\/strong><br \/>Its current NAV is \u20b932.61 as of 11 Sep 2026.<\/p>\n<p><strong>What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/strong><br \/>The fund\u2019s 1-year, 3-year and 5-year returns are 4.89%, 9.95% and 11.72%.<\/p>\n<p><strong>How does it compare with the benchmark?<\/strong><br \/>It is ahead of the Nifty 50 over 3 years and 5 years, and it also stayed positive over 1 year while the benchmark was negative.<\/p>\n<p><strong>How does it compare with the peer funds listed here?<\/strong><br \/>Its 1-year return is lower than the strongest peer figures shown, but its 3-year and 5-year outcomes are stronger than the peer data available for those horizons in this comparison set.<\/p>\n<p><strong>Is there an exit load?<\/strong><br \/>Yes. Exit load is 1% if units are sold on or before 12 months, and nil after 12 months.<\/p>\n<p><strong>Who manages the fund?<\/strong><br \/>Roshan Chutkey manages the fund.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>ICICI Pru MNC Fund Direct Growth Plan has a more mixed recent stretch than its longer-term record, with a softer 1-year outcome but stronger 3-year and 5-year returns. Against the benchmark, the longer horizon looks clearly better, while the peer comparison shows the fund is not chasing the sharpest short-term spikes. The portfolio is anchored by established companies across consumer, automobile and healthcare names, so it may appeal to patient investors who can accept High Risk in exchange for steadier multi-year compounding.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 16 September 2026 at 1:06 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"ICICI Pru MNC Fund Direct Growth Plan\",\"identifier\":\"icici-pru-mnc-fund-g-direct-plan\",\"category\":\"Equity\",\"dateCreated\":\"17 Jun 2019\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":32.61,\"valueReference\":\"as of 11 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"1807 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"1.08\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":4.89},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":9.95},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":11.72},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Roshan Chutkey\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of ICICI Pru MNC Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its current NAV is \u20b932.61 as of 11 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s 1-year, 3-year and 5-year returns are 4.89%, 9.95% and 11.72%.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It is ahead of the Nifty 50 over 3 years and 5 years, and it also stayed positive over 1 year while the benchmark was negative.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the peer funds listed here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is lower than the strongest peer figures shown, but its 3-year and 5-year outcomes are stronger than the peer data available for those horizons in this comparison set.\"}},{\"@type\":\"Question\",\"name\":\"Is there an exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes. Exit load is 1% if units are sold on or before 12 months, and nil after 12 months.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Roshan Chutkey manages the fund.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ICICI Pru MNC Fund Direct Growth Plan has a \u20b932.61 NAV as of 11 Sep 2026, a \u20b91,807 Cr AUM, and 1Y\/3Y\/5Y returns of 4.89%\/9.95%\/11.72%.<\/p>\n","protected":false},"author":38,"featured_media":249259,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-249260","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["249259"],"rank_math_title":["ICICI Pru MNC Fund Review 2026 | NAV &amp; Returns"],"rank_math_description":["ICICI Pru MNC Fund Direct Growth Plan NAV is \u20b932.61 as of 11 Sep 2026; 1Y return is 4.89% and 5Y return is 11.72%."],"rank_math_focus_keyword":["ICICI Pru MNC Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/ICICI_Pru_MNC_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/249260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=249260"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/249260\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/249259"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=249260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=249260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=249260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}