Category 3ActiveEquity

ICICI Prudential Emerging Leaders Fund – Series III

ICICI Prudential logo

ICICI Prudential

Fund profile

About the Fund

ICICI Prudential Emerging Leaders Fund – Series III focuses mainly on listed mid- and small-cap companies with strong growth potential and sustainable competitive advantages. It looks for economic moats, special situations and opportunities created by unfavorable business cycles. The strategy combines growth potential, competitive strength and business-cycle analysis to identify emerging leaders before their potential is fully reflected in valuations.

Source: About the Fund PDF.

Key metrics

AUM

₹2,600 Cr

Minimum investment

₹1 Cr

Vintage

2026

Top 10 weight

35.22%

Since inception

+2.37%

Inception

16 Mar 2026

Source-verified detail

Key Information

Fund manager

Anand Shah

Investment manager

ICICI Prudential

SEBI category

Category 3

Strategy

Equity

Benchmark

Nifty Mid-Smallcap 400

Management fee

2.25%

Top holding

4.75%

Initial drawdown

20% of the respective Capital Commitment

Status

Active

Data as of

31 Jul 2026

Source: Fact sheet / official materials provided by ICICI Prudential.

Disclosed figures

Performance since inception

Performance since inception

Fund Nifty Mid-Smallcap 400
19%8%-3%1 Month3 MonthsSince Inception

Performance for Class B1 Unit holders of Emerging Leaders Fund III. Returns are pre-tax and after deduction of management fees and other applicable charges. Series III inception date is 16 March 2026; returns less than one year are absolute. Past performance may or may not be sustained in future.

Source: Fact sheet / official materials provided by ICICI Prudential.

ICICI Prudential

About the Fund Manager

Anand Shah

CIO – PMS & AIF, ICICI Prudential AMC

Has two decades or more of fund management experience; PGDM from IIM Lucknow and B.E. from Regional Engineering College, Surat. Joined ICICI Prudential AMC in February 2021 to head PMS and AIF investments. Earlier Head of Equities at Canara Robeco, Co-Head Equities at ICICI Prudential AMC and Vice President – Investments at Kotak Mutual Fund.

Experience
Two decades or more
Qualification
PGDM, IIM Lucknow
Joined ICICI Prudential AMC
February 2021

Request / Enquiry

Speak to the JK Capital team

Chat on WhatsApp

By submitting you agree to be contacted by JK Capital about this enquiry.

Fact Sheet

Share your details to unlock the full document.

Ask about this fund on WhatsApp