Most people or institutions invest in mutual funds with the aim to increase personal wealth. ICICI Prudential mutual fund offers a wide range of mutual fund investments that allow investors to gain exposure to various financial instruments. Mutual funds are designed to help investors diversify their investment while mitigating risks and gaining expected returns.
A mutual fund scheme is a shared fund that collects money from investors and invests the corpus in stocks, government bonds, corporate bonds, money-market instruments, other assets, or a combination of various financial investments.
The investments are made as per the investment objectives mentioned in the fund’s offer document. For example, an equity mutual fund scheme will primarily invest in a portfolio of stocks. On the other hand, a debt fund will invest majorly in bonds. Mutual funds are generally managed by fund managers who decide on the buy and sell strategies according to the investment objectives of the fund.
Here’s a list of common features of ICICI Prudential mutual funds:
For investors who are looking to invest in some of the best mutual fund options offered by ICICI Prudential, mentioned below are some of the top performing funds:
About the fund
The scheme aims to generate long-term capital appreciation and income for investors from a portfolio primarily comprising equity and equity related securities of large cap companies. The scheme is suitable for investors who are looking to remain invested for at least 3-4 years.
| Inception Date | January 1, 2013 |
| Benchmark Name | NIFTY 100 Total Return Index |
| Fund Manager | Rajat Chandak, Anish Tawakley,Vaibhav Dusad |
| Expense Ratio | 1.16% |
| Risk Appetite | Moderate |
Asset Allocation
| Category | Percentage Allocation |
| Large-cap stocks | 80.57% |
| Mid-cap stocks | 5.14% |
| Small-cap stocks | 0.41% |
Historical Returns of the Fund (annualised)
| 1-Year | 2-Year | 3-Year | 5-Year | Since Inception |
| 58.28% | 16.56% | 13.56% | 15.37% | 15.33% |
About the fund
The scheme is a part of the Sectoral funds portfolio and seeks to generate long-term capital appreciation through investments in equity and equity-related securities primarily of technology and technology-dependent companies. A major portion of the AUM is invested in stocks that form part of the Benchmark Index, however, the scheme also invests in companies that are part of the Information Technology Services Industry.
| Inception Date | January 01, 2013 |
| Benchmark Name | S&P BSE IT Total Return Index |
| Fund Manager | Sankaran Naren, Vaibhav Dusad. |
| Expense Ratio | 1.14% |
| Risk Appetite | Aggressive |
Asset Allocation
| Category | Percentage Allocation |
| Technology stocks | 73.85% |
| Services | 13.57% |
| Cash | 5.49% |
Historical Returns of the Fund (annualised)
| 1-Year | 2-Year | 3-Year | 5-Year | Since Inception |
| 137.24% | 47.26% | 31.99% | 25.74% | 25.65% |
About the fund
The scheme aims to generate long-term capital appreciation and regular income through investment in equities and related securities along with fixed income and money market securities. The equity allocation of the fund is between 60-80% and the approximate debt allocation is 40-49 %.
| Inception Date | January 01, 2013 |
| Benchmark Name | CRISIL Hybrid 35+65 Aggressive Total Return Index |
| Fund Manager | Manish Banthia, Nikhil Kabra, Sankaran Naren, Mittul Kalawadia Sri Sharma |
| Expense Ratio | 1.35% |
| Risk Appetite | Moderate |
Asset Allocation
| Category | Percentage Allocation |
| Equity and equity related securities | 78.3% |
| Debt, money market and government securities | 19.9% |
| Cash | 1.8% |
Historical Returns of the Fund (annualised)
| 1-Year | 2-Year | 3-Year | 5-Year | Since Inception |
| 57.33% | 18.05% | 14.86% | 15.75% | 16.43% |
About the fund
The scheme aims to generate regular income by investing in fixed-income securities and using arbitrage along with derivative strategies. It also aims to generate long-term capital appreciation by investing a portion of the assets in equity and equity related instruments.
| Inception Date | December 05, 2014 |
| Benchmark Name | NIFTY Equity Savings Total Return Index |
| Fund Manager | Manish Banthia, Ritesh Lunawat, \Kayzad Eghlim, Dharmesh Kakkad Sri Sharma |
| Expense Ratio | 0.45% |
| Risk Appetite | Moderate |
Asset Allocation
| Category | Percentage Allocation |
| Cash | 48% |
| Equity and equity related securities | 31.6% |
| Debt, money market and government securities | 20.4% |
Historical Returns of the Fund (annualised)
| 1-Year | 2-Year | 3-Year | 5-Year | Since Inception |
| 20.65% | 8.62% | 8.68% | 9.36% | 8.58% |
About the fund
The scheme aims to generate reasonable returns in lines with low-risk levels and provides a high level of liquidity to investors. 80% of the fund’s corpus is invested in money market securities, while the remaining is invested in high-quality debt instruments.
| Inception Date | January 01, 2013 |
| Benchmark Name | CRISIL Liquid Fund Total Return Index |
| Fund Manager | Rahul Goswami, Rohan Maru |
| Expense Ratio | 0.20% |
| Risk Appetite | Conservative |
Asset Allocation
| Category | Percentage Allocation |
| Debt | 92.9% |
| Cash | 7.1% |
| Equity and equity related securities | 0.0% |
Historical Returns of the Fund (annualised)
| 1-Year | 2-Year | 3-Year | 5-Year | Since Inception |
| 3.32% | 4.55% | 5.54% | 6.10% | 7.23% |
About the fund
The scheme aims to offer reasonable returns, in lines with the low-risk appetite of investors while providing high liquidity. It primarily invests in debt and money market instruments with the objective to optimize returns and provide liquidity.
| Inception Date | January 01, 2013 |
| Benchmark Name | CRISIL Money Market Index |
| Fund Manager | Rahul Goswami Nikhil Kabra |
| Expense Ratio | 0.21% |
| Risk Appetite | Conservative |
Asset Allocation
| Category | Percentage Allocation |
| Debt | 100% |
| Cash | 0.0% |
| Equity and equity related securities | 0.0% |
Historical Returns of the Fund (annualised)
| 1-Year | 2-Year | 3-Year | 5-Year | Since Inception |
| 4.36% | 6.09% | 6.83% | 6.90% | 7.70% |
About the fund
The fund aims to maintain a portfolio of debt and money market instruments such that the Macaulay duration is between 3 to 6 months.The investments of these funds are such that they are relatively less affected by overall interest rate movements. These funds are ideal for investors who want to earn regular income with high liquidity.
| Inception Date | January 01, 2013 |
| Benchmark Name | NIFTY Ultra Short Duration Debt Index |
| Fund Manager | Manish Banthia , Ritesh Lunawat |
| Expense Ratio | 0.39% |
| Risk Appetite | Conservative |
Asset Allocation
| Category | Percentage Allocation |
| Debt | 87.6% |
| Cash | 12.6% |
| Equity and equity related securities | 0.0% |
Historical Returns of the Fund (annualised)
| 1-Year | 2-Year | 3-Year | 5-Year | Since Inception |
| 6.11% | 7.11% | 7.71% | 8.09% | 8.73% |
About the fund
The scheme aims to generate income by investing predominantly in AA+ and above rated corporate bonds. It tries to maintain an optimum balance between yield, safety and liquidity.
| Inception Date | January 01, 2013 |
| Benchmark Name | CRISIL AAA Short-Term Bond Index |
| Fund Manager | Chandni Gupta, Rahul Goswami, Anuj Tagra. |
| Expense Ratio | 0.27% |
| Risk Appetite | Moderately Conservative |
Asset Allocation
| Category | Percentage Allocation |
| Debt | 82% |
| Cash | 18% |
| Equity and equity related securities | 0.0% |
Historical Returns of the Fund (annualised)
| 1-Year | 2-Year | 3-Year | 5-Year | Since Inception |
| 7.22% | 9.01% | 9.12% | 8.39% | 8.87% |
About the fund
The scheme aims to generate income through investments in a variety of debt and money market instruments. The scheme tries to maintain an optimum balance of yield, safety and liquidity.
| Inception Date | January 01, 2013 |
| Benchmark Name | NIFTY Composite Debt Total Return Index |
| Fund Manager | Manish Banthia Anuj Tagra |
| Expense Ratio | 0.66% |
| Risk Appetite | Moderately Conservative |
Asset Allocation
| Category | Percentage Allocation |
| Debt | 81.3% |
| Cash | 18.7% |
| Equity and equity related securities | 0.0% |
Historical Returns of the Fund (annualised)
| 1-Year | 2-Year | 3-Year | 5-Year | Since Inception |
| 8.38% | 10.32% | 10.26% | 9.98% | 10.78% |
Among all the mutual fund houses available in the Indian market, ICICI Prudential mutual funds has gained a steady influx of investors by offering a variety of mutual fund investment options. For maximum benefits, investors must carefully consider their risk and return expectations versus the scheme objective before investing in it.
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