ICICI Prudential Mutual Fund

Debt Funds are a good choice for investors who want to see returns in the near future (within three years). The investor's profile will determine which ICICI Mutual Fund plan is suitable for the short term. Which debt fund is best for you will depend on a variety of factors, including your age, risk tolerance, financial objectives, and investing horizon. For instance, if the investment is for a few days, they may take into account overnight funds. Liquid funds are appropriate for investments lasting up to three months. It is required that low-duration funds hold securities with an average maturity of between six and twelve months.

On the gains in mutual funds, every investor is required to pay capital gains taxes. Depending on how long an investment is held for, taxes may be long- or short-term. Additionally, the sort of mutual fund you have invested in affects the tax amount. 

If you have invested in any ICICI Prudential Mutual Fund scheme through the Bajaj Finserv platform, you can get your statement online on the Bajaj Finserv website or app.

You can easily increase your SIP amount in a ICICI Prudential Mutual Fund through the Bajaj Finserv website or app.

If you have invested in a ICICI Prudential Mutual Fund scheme through the Bajaj Finserv platform, you can easily redeem it through the Bajaj Finserv website or app.

There is not a single "best" mutual fund in ICICI Prudential. The best fund for you depends on your individual investment goals, risk tolerance, and investment horizon. ICICI Prudential offers a wide variety of mutual funds across various categories like equity, debt, and hybrid. It's recommended to carefully consider your needs and consult a financial advisor before choosing a fund.

The past performance of ICICI Mutual Funds varies depending on the specific fund. Here are some examples to illustrate this point:

• ICICI Prudential Bluechip Fund: This fund has delivered an annualised return of around 21.89% for the past 3 years (as of June 19, 2024).

• ICICI Prudential Equity & Debt Fund: This fund has delivered an annualised return of around 24.29% for the past 3 years (as of June 19, 2024).

• ICICI Prudential Gilt Fund: This fund invests in government bonds and has delivered an annualised return of around 6.70% for the past 3 years (as of June 19, 2024).

Mutual funds, including those from ICICI Prudential, are inherently subject to market risks. The value of your investment can go up or down. SIP (Systematic Investment Plan) can be a relatively safer way to invest in equity mutual funds compared to a lump sum investment, but it doesn't eliminate risk entirely. It's important to understand your risk tolerance before investing.

Similar to choosing a mutual fund, the "best" SIP for you depends on your investment goals and risk tolerance. ICICI Prudential offers SIPs across various fund categories. Consider your investment horizon (5 years in this case) and consult a financial advisor to choose an SIP that aligns with your needs.

The minimum investment amount varies depending on the specific fund and investment option (regular or direct plan). Generally, the minimum investment for an SIP is Rs. 100. It is always best to check the specific details on the ICICI Prudential website or investment platform you're using.

ICICI Prudential offers a diverse range of mutual funds across various categories, including:

• Equity Funds (Large Cap, Mid Cap, Small Cap, Sectoral Funds)

• Debt Funds (Fixed Income Funds, Income Funds)

• Hybrid Funds (Balanced Funds, Equity Savings Funds)

• Solution Oriented Funds (Retirement Funds, Children's Funds)

ICICI Prudential Bluechip Fund invests in stocks of well-established companies with a large market capitalization.

ICICI Pru Multicap Fund invests across companies of all sizes (large, mid, and small cap).

ICICI Prudential Infrastructure Fund invests in companies in the infrastructure sector of the Indian economy.

ICICI Prudential Focused Equity Fund invests in a concentrated portfolio of stocks that the fund manager believes have high growth potential.

ICICI Pru Bharat 22 FOF is a fund of funds that invests mainly in the Bharat 22 ETF, providing diversified exposure to domestic equities. The scheme manages assets of about Rs.222.15 crore and has a low expense ratio of 0.08%. Over the last three years, it has delivered a CAGR of around 45.21%. With a minimum investment of Rs.5,000, it offers investors a structured way to access a

ICICI Pru Commodities Fund is a thematic mutual fund focused on companies linked to the commodities sector. The fund has an AUM of approximately Rs.1,162.98 crore and an expense ratio of about 1%. It has delivered a three year CAGR of around 44.06%. Investors can start with a minimum investment of Rs.100, making it accessible for those seeking sector specific exposure while understanding that thematic funds may carry higher volatility depending on market cycles.

 ICICI Pru India Opp Fund is a Thematic Fund that focuses on investment opportunities within India’s growing economy. It manages assets worth Rs. 11,294.28 crore and offers a competitive expense ratio of 0.67%. Over the past three years, the fund has delivered a CAGR of 41.75%. The minimum investment amount is Rs. 5,000.

ICICI Pru Smallcap Fund is categorised as a small cap equity fund that invests in emerging companies with long term growth potential. It manages assets of around Rs.6,989.26 crore and carries an expense ratio of about 0.7%. The fund has achieved a three year CAGR of approximately 39.43%. Investors can begin with Rs.5,000, but they should consider that small cap investments can be more volatile and suitable for longer investment horizons.

ICICI Pru Dividend Yield Equity Fund focuses on companies that aim to provide consistent dividend income along with capital appreciation. The scheme manages assets of about Rs.2,216.62 crore and has an expense ratio near 0.7%. Over the last three years, it has delivered a CAGR of around 34.98%. The minimum investment amount is Rs.5,000, making it suitable for investors looking for equity exposure with a dividend focused investment strategy.

ICICI Pru Manufacturing Fund is a thematic equity scheme that invests in companies connected to India’s manufacturing and industrial sectors. The fund manages nearly Rs.1,200.87 crore and carries an expense ratio of about 1.39%. Over three years, it has delivered a CAGR of approximately 33.42%. Investors can start with Rs.5,000, and the fund’s performance may depend on economic growth, industrial expansion, and government policy support for manufacturing.

ICICI Pru Large & Mid Cap Fund invests across both large cap and mid cap companies to balance stability with growth potential. The fund manages around Rs.9,364.52 crore and has an expense ratio of about 1%. Over the last three years, it has delivered a CAGR of roughly 32%. With a minimum investment of Rs.100, the scheme offers diversified equity exposure across companies of different market capitalisations.

ICICI Pru Value Discovery Fund follows a value investing approach by identifying companies that may be undervalued relative to their fundamentals. The fund manages assets of around Rs.32,753.84 crore and has an expense ratio close to 1.11%. It has generated a three year CAGR of about 31.7%. Investors can begin with Rs.1,000, and the strategy focuses on long term wealth creation through disciplined stock selection.

ICICI Pru Retirement Fund – Pure Equity Plan is a solution-oriented fund designed for long-term retirement planning with a focus on equity investments. It manages an AUM of Rs. 349.06 crore and has an expense ratio of 1.1%. The fund has shown a CAGR of 31.53% over the past three years. The minimum investment amount required is Rs. 100.

ICICI Pru Retirement Fund Pure Equity Plan is a solution oriented retirement scheme that primarily invests in equities for long term wealth accumulation. The fund manages about Rs.349.06 crore and has an expense ratio near 1.1%. It has delivered a three year CAGR of approximately 31.53%. With a minimum investment of Rs.100, the scheme encourages disciplined investing aligned with retirement goals and typically includes a lock in period.