ICICI Prudential Mutual Fund

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ICICI Prudential Mutual Fund - Introduction

ICICI Prudential Mutual Funds offer a variety of retail and corporate investment solutions across different investment instruments such as debt, hybrid, equity, and various other solutions.

It aims at providing investors with financial solutions to help them accomplish their financial objectives. The fund house has consistently been innovative and has been introducing various products in accordance with the customer needs, with a diversified portfolio of 68 mutual fund instruments.

The Key Features of ICICI Prudential Mutual Fund

ICICI Prudential Mutual Fund provides its customers with a wide range of benefits that make it the most preferred fund house. The following are the key features of ICICIPMF:

  1. The biggest advantage you get when you invest in ICICI Prudential Mutual Fund is that it has enabled a CRISIL credit rating AAA MFs for most of its investment products.
  2. ICICI Prudential Mutual Fund takes care of its investors by having an unbiased service providing approach. It enables its small scale investors to make the investment(s) using easy and affordable Systematic Investment Plans (SIPs), which enables the investors to make payments on a monthly basis.
  3. ICICI Prudential Mutual Fund offers its customers a wide range of investment options.

Top Mutual Funds from ICICI Prudential

Some of the best mutual funds by ICICI Prudential Mutual Fund where you can park your money are listed below:

Equity Funds

Equity funds invest in stock markets, and these funds yield higher returns. Equity funds are comparatively risky, which makes them a perfect option for aggressive investors. These are long-term investments that are actively and passively managed by fund managers and index funds respectively.

Mutual Fund Schemes 1st Year Rolling Return (in %) 3rd Year Rolling Return (in %) 5th Year Rolling Return (in %)
ICICI Pru US Bluechip Equity Fund 25.07 14.94 12.54
ICICI Pru Technology Fund 38.32 13.22 16.58
ICICI Prudential Value Discovery Fund -0.23 8.35 20.83
ICICI Pru Small-cap Fund -24.26 4.95 12.84
ICICI Pru Sensex Index Fund 4.51 _ _
  1. ICICI Pru US Bluechip Equity Fund - It is an open-ended scheme that invests in the securities of USA’s large-cap companies. It offers dividend and growth plan options. There is no entry-load on this scheme. However, there is an exit load applicable. The latest NAV of ICICI Prudential Value Discovery Fund as of July 25, 19 is Rs. 29.82.
  2. ICICI Pru Technology Fund - It is an open-ended scheme that invests in technology sectors. It a dividend and growth plan with long-term investment goals. There is no entry-load on this scheme. However, there is an exit load applicable. The latest NAV of ICICI Prudential Value Discovery Fund as of July 25, 19 is Rs. 50.70.
  3. ICICI Prudential Value Discovery Fund - It is an open-ended equity scheme that follows a value investment strategy. The scheme is suitable for long-term wealth creation. There is no entry-load on this scheme. However, there is an exit load applicable. The latest NAV of ICICI Prudential Value Discovery Fund as of July 25, 19 is Rs. 141.73.
  4. ICICI Pru Small-cap Fund - It is an open-ended scheme that invests in technology sectors. It offers both dividend and growth plan option. It is suitable for investors for long-term wealth creation. There is no entry-load on this scheme. However, there is an exit load applicable. The latest NAV of ICICI Prudential Value Discovery Fund as of July 25, 19 is Rs. 23.55.
  5. ICICI Pru Sensex Index Fund - It is an open-ended index-linked growth scheme. The scheme invests in the securities of the companies that are included in the S&P BSE Sensex Index. There is no entry-load on this scheme. However, there is an exit load applicable. The latest NAV of ICICI Prudential Value Discovery Fund as of July 25, 19 is Rs. 11.8178.

Hybrid or Balanced Funds

It is a type of ICICI Prudential mutual fund that invests the money in the equity as well as in the debt schemes. Hybrid funds are a perfect investment option for those who want to invest in bonds and equity stocks. It is a riskier investment as compared to fixed income schemes.

Mutual Fund Schemes 1st Year Rolling Return (in %) 3rd Year Rolling Return (in %) 5th Year Rolling Return (in %)
ICICI Prudential Thematic Advantage Fund  -0.73 10.48 12.29
ICICI Prudential Passive Strategy Fund -0.15 9.90 12.34
ICICI Prudential Moderate Fund 5.27 6.89 9.23
ICICI Pru Child Care Fund-Gift Plan -0.40 9.33 16.65
ICICI Pru Balanced Advantage Fund(G) -0.41 8.33 12.60
  1. ICICI Pru Advisor Series-Thematic Fund/ ICICI Prudential Thematic Advantage Fund- It is an open-ended scheme by ICICI Prudential Mutual Fund that invests in thematic and sectoral schemes. It offers a dividend and cumulative plan options with long-term wealth creation. There is no entry-load on this scheme. However, there is an exit load applicable. The latest NAV of this scheme as of July 25, 19 is Rs. 69.4571.
  2. ICICI Pru Advisor Series-Passive Strategy Fund/ ICICI Prudential Passive Strategy Fund- It is an open-ended scheme by ICICI Prudential Mutual Fund where investment is done in Exchange Traded Funds. It offers dividend and growth plan options with long-term wealth creation. There is no entry-load on this scheme. However, there is an exit load applicable. The latest NAV of this scheme as of July 25, 19 is Rs. 63.7775.
  3. ICICI Pru Advisor Series-Hybrid Fund/ ICICI Prudential Moderate Fund- This scheme by ICICI Prudential Mutual Fund is suitable for those who are looking for regular income. It is an open-ended scheme where the money is invested in debt-oriented, equity, and hybrid schemes. The latest NAV of this scheme as of July 25, 19 is Rs. 1302.
  4. ICICI Prudential Child Care Fund (Gift) Plan-This scheme by ICICI Prudential Mutual Fund is for those who aim at long-term wealth creation for their children. There is a minimum lock-in of 5 years, extendible to the maturity age of the child.
  5. ICICI Prudential Balanced Advantage Fund- It is an Open-Ended Dynamic Asset Allocation Fund by ICICI Prudential Mutual Fund that offers reasonable returns by putting your money across different market scenarios.

Debt Funds

It is a type of ICICI Prudential mutual fund where the money is invested in short or long-term bonds, security products, money markets, etc. They aspire to make use of the available capital in order to generate wealth. Meanwhile, the amount of the initial investment is preserved. Investors who have a low-risk appetite and are looking for wealth creation, then debt funds are an ideal investment option.

Mutual Fund Schemes 1st Year Rolling Return (in %) 3rd Year Rolling Return (in %) 5th Year Rolling Return (in %)
ICICI Pru Banking & PSU Debt Fund 3.88 7.61 8.48
ICICI Pru All Seasons Bond Fund 3.61 8.41 10.38
ICICI Pru Advisor Series-Debt Mgmt Fund 5.00 7.59 9.20
ICICI Pru Constant Maturity Gilt Fund 3.04 7.50 _
ICICI Pru Bond Fund 1.72 6.29 8.56
  1. ICICI Pru Banking & PSU Debt Fund- It is a short-term saving scheme and the money is invested debt instruments of banks, PSUs, Municipal bonds, and Public Financial Institutions. The latest NAV of this scheme as of July 25, 19 is Rs. 10.2236.
  2. ICICI Pru All Seasons Bond Fund- This scheme is suitable for income generation by investing in a different debt and money market instruments. The funds are invested in different durations. The latest NAV of this scheme as of July 25, 19 is Rs. 11.7191.
  3. ICICI Prudential Debt Management Fund- This is a short-term saving scheme and the money is invested in debt oriented schemes. It offers both dividend and cumulative options. There is no entry-load on this scheme. However, there is an exit load applicable. The latest NAV of this scheme as of July 25, 19 is Rs. 30.7490.
  4. ICICI Pru Constant Maturity Gilt Fund- It is an open-ended debt scheme where the money is invested in government securities with a constant maturity period of 10 Years. The latest NAV of this scheme as of July 25, 19 is Rs. 11.4379.
  5. ICICI Pru Bond Fund- It is a medium to the long-term saving scheme. It offers both dividend and growth options. There is no entry-load on this scheme. However, there is an exit load applicable. The latest NAV of this scheme as of July 25, 19 is Rs. 10.9745.

Fund of Funds

It is a type of ICICI Prudential mutual fund where the money is invested in other mutual fund types. The fund deals with low-risk, medium-risk, and high-risk thresholds. In addition to that, it enables diversification by making investments across the category of available funds.

Exchange-Traded Funds

Exchange-Traded Funds are similar to investing in the stock market, and they are traded just like stocks. The money is usually invested in silver, gold and company stocks. The investor can sell and purchase the units anytime.

Why Select ICICI Prudential Mutual Fund?

The following are the benefits associated with investing in ICICI Prudential Mutual Fund:

  1. Credibility - It provides banking and other financial services that speak a lot for its goodwill.
  2. The Force Behind CRISIL - It was a key player in setting up of the CRISIL rating system.
  3. Helped Government - It aided the government in the promotion of the NSE (e. National Stock Exchange) and NCDEX (i.e. National Commodities and Derivatives Exchange).

How to Invest in ICICI Prudential Mutual Funds?

You can invest in ICICI Prudential mutual fund schemes as per your convenience. By investing in ICICI Prudential mutual funds you can meet your short as well as long-term financial goals. You can select from different schemes as per your investment objectives and financial needs.

ICICI Prudential mutual fund investment process is quite simple:

  1. Visit ICICI Prudential official website
  2. Select the mutual fund you want to invest in
  3. Select if you are an existing investor or a first-time investor
  4. Select the investment type
  5. Select the payment option i.e. Net Banking, NEFT/RTGS/Debit Card
  6. Fill the required personal information/download the form
  7. Make the payment and your ICICI Prudential mutual fund investment is done

Documents Required to Invest in ICICI Prudential Mutual Funds

All the financial investments through banks and AMCs require KYC process. KYC is important to check the inflow and outflow of money in India. If you are investing a small amount then KYC alone would suffice. However, for bigger investments in ICICI Prudential mutual funds, In-Person Verification (IPV) is required. Nowadays, you can easily upload the scanned copies of all the documents online and invest in an ICICI Prudential mutual fund.

About ICICI Prudential Mutual Fund

ICICI Prudential is a leading asset management company (AMC) in India. It aims to bridge the gap between investments and savings and help investors in accumulating the wealth of a period of time.

The process-driven investment approach offers flexibility to fund managers to help them manage the funds. Over the last 18 years, the fund house has won the trust of its investors and emerged as the top-most Investment solutions provider in the country. The fund house has aspired to manage investment holders’ wealth with diligence and prudence.