ICICI SIP plans refer to Systematic Investment Plans offered by ICICI Pru and ICICI Bank. SIPs are a method of investing in mutual funds or any other fund scheme where investors contribute a fixed amount regularly to create wealth over time. These SIP plans allow investors to invest systematically and benefit from rupee cost averaging and the power of compounding over the long term. Investors can choose SIP plans based on factors such as investment horizon, risk tolerance, and financial goals.

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SIP Benefits
Start SIP with as low as ₹1000
Start SIP with as low as ₹1000
No hidden charges
No hidden charges
Save upto ₹46,800 in Tax
Save upto ₹46,800 in Taxunder section 80 C
Zero LTCG Tax
Zero LTCG Tax^ (Unlike 10% in Mutual Funds)
Disciplined & worry-free investing
Disciplined & worry-free investing

  • Insurance Companies
  • Mutual Funds
Fund Name 3 Years 5 Years 10 Years
Top 200 Fund Tata AIA 26.56% 26.54%
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Virtue II PNB Metlife 24.33% 22.69%
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Pure Equity Birla Sun Life 22.64% 18.83%
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Growth Opportunities Plus Fund Bharti AXA 19.93% 18.63%
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Pure Stock Fund Bajaj Allianz 19.11% 17.33%
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Blue Chip Fund HDFC Standard 15.73% 14.59%
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Growth Super Fund Max Life 16.34% 15.13%
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Multi Cap Growth Fund ICICI Prudential 17.16% 13.44%
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Equity Fund SBI 16.39% 14.54%
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Equity II Fund Canara HSBC Oriental Bank 15.5% 12.24%
View Plan

Updated as on March 2024

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Fund Name 5 Years 10 Years RSI
Active Fund QUANT 27.80% 23.96%
Large and Mid Cap Fund QUANT 23.27% 22.69%
Flexi Cap Fund PARAG PARIKH 23.90% 20.22%
Large and Mid Cap Fund EDELWEISS 20.32% 18.01%
Equity Opportunities Fund KOTAK 20.22% 18.98%
Large and Midcap Fund MIRAE ASSET 21.11% 24.56%
Flexi Cap Fund PGIM INDIA 21.48% -
Flexi Cap Fund DSP 19.48% 17.73%
Emerging Equities Fund CANARA ROBECO 18.91% 22.92%
Focused fund SUNDARAM 18.22% 16.55%

Updated as on March 2024

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What are SIP Plans?

SIP stands for Systematic Investment Plan. It's a popular method for investing in mutual funds and other insurance fund schemes. Here's how it works:

  • You invest a fixed amount of money at regular intervals, like monthly or quarterly, into a chosen mutual fund scheme.

  • The amount can be as low as ₹100 or ₹500, depending on the fund house.

  • SIPs are designed for long-term investing and building a habit of financial discipline.


Below are the best SIP plans provided by ICICI Pru:

Fund Name Fund Size Returns Since Inception 
ICICI Mid Cap Index Fund NA 11.6%
ICICI Mid Cap Fund 802 Cr 29.6%
ICICI Mid-Cap Hybrid Growth Fund 187 Cr 34.9%
ICICI Value Enhancer Fund 6,898 Cr 12.2%
ICICI Opportunity Fund 2,949 Cr 11.8%
ICICI  Maximize India Fund 750 Cr 10.3%
ICICI  Maximiser Fund V 51,744 Cr 13%
ICICI Bluechip Fund 4,390 Cr 10.2%
ICICI  Multi Cap Growth Fund 19,082 Cr 11.2%
ICICI Active Asset Allocation 3,343 Cr 8.6%
ICICI Multi Cap Balanced Fund 2,138 Cr 9.5%
ICICI Income Fund 9,796 Cr 7.7%
ICICI Secure Opportunities Fund 556 Cr 6.4%
ICICI Money Market Fund 3,331 Cr 6.8%
ICICI Constant Maturity Fund 106 Cr 4.1%
ICICI Sustainable Equity Fund 626 Cr 8.6%
ICICI Balanced Advantage Fund 1,385 Cr 9%
ICICI India Growth Fund 3,405 Cr 15.7%
ICICI Focus 50 Fund 3,603 Cr 12.2%

Benefits of Starting an SIP in ICICI Pru and ICICI Bank

Here are the benefits of starting a SIP in ICICI Prudential:

  • Disciplined investing: SIPs build the habit of regular saving and investment, which is important for achieving your financial goals.

  • Rupee-cost averaging: By investing a fixed amount at regular intervals, you purchase more units when the NAV is low and fewer units when the NAV is high. This helps to average out the cost of your investment over time and reduce the impact of market volatility.

  • Convenience: SIPs are a convenient way to invest, as you can set up an automatic transfer from your bank account to your SIP account. This ensures that you invest regularly without worrying about missing a contribution.

  • Wide range of schemes: ICICI Prudential and ICICI Bank offers a wide range of SIP schemes to suit your investment goals and risk appetite. You can choose from equity, debt, hybrid, and ELSS schemes.

  • Potential for high returns: Over the long term, equity SIPs have the potential to generate higher returns.

How Does ICICI SIP Plan Work?

Here’s how ICICI SIP Plans work:

  • Systematic Investment: You invest a fixed amount of money at regular intervals into a chosen mutual fund or other fund schemes.

  • Long-Term Investment: SIP is ideal for long-term financial goals as it benefits from compounding.

  • Rupee Cost Averaging: By investing regularly, you purchase units at different price points, averaging out the cost per unit over time.

  • Disciplined Investing: SIP builds financial discipline by creating a habit of regular investment.

  • Flexible Investment: You can choose the amount, investment frequency, and tenure to suit your financial situation.

How to Calculate Returns On Your ICICI SIP Investments?

Calculating returns on your investment is important because it helps in financial planning. You can use an SIP calculator that will help you estimate the potential returns on your investments in a chosen ICICI SIP Plan in a fast, easy, and hassle-free way.

This online calculator takes into account various parameters such as the investment amount, tenure, expected rate of return, and frequency of investment. By entering these details, you can get an estimate of the future value of your investments, which will help you to plan your financial goals more effectively.


  • What is the minimum investment amount for an ICICI SIP Plan?

    The minimum investment amount varies depending on the specific fund scheme you choose. Generally, you can start an SIP with as little as Rs. 500 per month.
  • Can I invest in multiple ICICI SIP Plans?

    Yes, you can invest in multiple ICICI SIP Plans to diversify your portfolio and align with different financial goals.

+For Mutual Fund midcap category Returns https://www.morningstar.in/tools/mutual-fund-category-performance.aspx & for Insurance midcap fund category Returns- https://www.morningstar.in/tools/insurance-fund-category-performance.aspx
*Past 10 Year annualised returns as on 01-12-2023
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.

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