Hello and welcome to Coverfox’s dedicated page on ICICI Prudential’s Mutual Funds. We have all the information you need to make a sound investment to secure your financial future with one of India’s best private sector mutual funds.
Coverfox gives you all the information related to mutual funds, from return rates to tenures. Don’t be worried about choosing the wrong fund scheme - we have all the fund details required to make the PERFECT investment decision by you!
What is ICICI Prudential Mutual Fund?
It is India’s second-largest asset management company.
It is a joint venture between ICICI Bank in India and Prudential Plc, one of the UK’s largest players in the financial services sectors. With a reach across over 300 locations and an investor base of 4 million (as on June 30, 2019), the company’s growth momentum has been exponential.
What is the objective of ICICI Prudential Mutual Fund?
Why do we invest in mutual funds? Simple - to increase our personal wealth. ICICI Mutual Fund’s goal is not different. The fund house offers a versatile range of mutual fund investments that is a combination of investments and savings. It enables investment in stocks of both international and domestic organizations while helping investors diversify their financial assets to protect from risk and meet future requirements.
Why would you buy a car without knowing its features? Similarly, you should never invest in a Mutual fund house or offerings without understanding the features that you will use! Here’s a list of features that make this mutual fund house unique for investors:
Every Mutual Fund has its share of advantages and ICICI Prudential’s Mutual Fund is no different. Here are the reasons why you should invest in this Mutual Fund House:
ICICI Prudential Mutual Fund offers an extensive range of mutual funds across categories, serving investors with different risk appetite. The following are the different types of mutual funds from ICICI Prudential:
Equity Funds: Ensures investors high returns through medium-higher risk funds. Can be handled through Index Funds.
Hybrid Funds: Combination of debt as well as equity funds. Can be Debt-Hybrid or Equity Hybrid. Also called Balance Funds.
Debt Funds: This investment vehicle invests in medium or short-term bonds, money markets, security products, etc. Perfect for Low-Risk investors.
Fund of Funds: This fund invests the capital in multi-risk thresholds like high-risk, medium-risk, and low-risk. Further, it diversifies funds across available fund categories.
Exchange-Traded Funds: Exchange-Traded Funds from ICICI Mutual Fund resemble the stock markets that are eligible for being traded like stocks.
Note: All information has been sourced from the official website of ICICI Prudential Mutual Fund.
| Fund Type | Open Ended |
| Benchmark | Nifty 100 TRI |
| Fund Manager | Priyanka Khandewal (Overseas Investment Manager), Anish Tawakley, Rajat Chandak |
| Risk Factor | Moderately High |
| Asset Size | 24246.22 CR |
| Returns (%) 1 Yr | 1.03% |
| Returns (%) 3 Yrs | 2.19% |
| Returns (%) 5 Yrs | 5.96% |
Investment Objective: To generate long term capital appreciation and income distribution to investors from a portfolio that is predominantly invested in equity and equity related securities of large cap companies.
| Fund Type | Open Ended |
| Benchmark | Nifty 500 Value 50 TRI |
| Fund Manager | Priyanka Khandewal (Overseas Investment Manager), Mrinal Singh |
| Risk Factor | Moderately High |
| Asset Size | 15879.78 CR |
| Returns (%) 1 Yr | 3.47% |
| Returns (%) 3 Yrs | 1.66% |
| Returns (%) 5 Yrs | 4.09% |
Investment Objective: To generate returns through a combination of dividend income and capital appreciation by investing primarily in a well-diversified portfolio of value stocks.
| Fund Type | Open Ended |
| Benchmark | Nifty 500 TRI |
| Fund Manager | Priyanka Khandewal (Overseas Investment Manager), Harish Bihani |
| Risk Factor | Moderately High |
| Asset Size | 6271.22 CR |
| Returns (%) 1 Yr | -3.89% |
| Returns (%) 3 Yrs | 1.95% |
| Returns (%) 5 Yrs | 4.77% |
Investment Objective: To generate long term capital appreciation.
| Fund Type | Open Ended |
| Benchmark | Nifty Infrastructure TRI |
| Fund Manager | Priyanka Khandewal (Overseas Investment Manager), Ihab Dalwai, Sankaran Naren |
| Risk Factor | High |
| Asset Size | 810.36 CR |
| Returns (%) 1 Yr | -17.66% |
| Returns (%) 3 Yrs | -7.09% |
| Returns (%) 5 Yrs | -1.51% |
Investment Objective: To generate capital appreciation and income distribution to unit holders by investing predominantly in equity/equity related securities of the companies belonging to the infrastructure theme.
| Fund Type | Open Ended |
| Benchmark | S&P BSE 500 TRI |
| Fund Manager | Rajat Chandak, Sankaran Naren |
| Risk Factor | Moderately High |
| Asset Size | 5355.45 CR |
| Returns (%) 1 Yr | -8.58% |
| Returns (%) 3 Yrs | -0.45% |
| Returns (%) 5 Yrs | 4.21% |
Investment Objective: To generate capital appreciation through investments in equity & equity related instruments across large cap, mid cap and small cap stocks of various industries.
| Fund Type | Open Ended |
| Benchmark | S&P BSE Information Technology TRI |
| Fund Manager | Vaibhav Dusad, Sankaran Naren |
| Risk Factor | High |
| Asset Size | 474.75 CR |
| Returns (%) 1 Yr | 16.38% |
| Returns (%) 3 Yrs | 18.60% |
| Returns (%) 5 Yrs | 10.44% |
Investment Objective: To generate long term capital appreciation by creating a portfolio that is invested in equity and equity related securities of technology and technology dependent company/companies.
| Fund Type | Open Ended |
| Benchmark | Nifty 50 |
| Fund Manager | Sankaran Naren, Prakash Gaurav Goel |
| Risk Factor | High |
| Asset Size | 3242.09 Cr |
| Returns (%) 1 Yr | 9.03 |
| Returns (%) 3 Yrs | 8.40 |
| Returns (%) 5 Yrs | 7.38 |
Investment Objective: To generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of large-cap and mid-cap companies.
| Fund Type | Open Ended |
| Benchmark | Nifty 50 |
| Fund Manager | Rohan Maru, Priyanka Khandelwal |
| Risk Factor | High |
| Asset Size | 437.42 Cr |
| Returns (%) 1 Yr | 28.88 |
| Returns (%) 3 Yrs | 16.29 |
| Returns (%) 5 Yrs | 14.44 |
Investment Objective: To provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies listed on recognized stock exchanges in the United States of America. The Scheme shall also invest in ADRs/GDRs issued by Indian and foreign companies
| Fund Type | Open Ended |
| Benchmark | S&P BSE 500 TRI |
| Fund Manager | Sankaran Naren, Ashwin Jain |
| Risk Factor | High |
| Asset Size | 672.23 Cr |
| Returns (%) 1 Yr | 9.71 |
| Returns (%) 3 Yrs | 8.52 |
| Returns (%) 5 Yrs | 7.60 |
Investment Objective: To generate capital appreciation and income distribution to unit holders by investing predominantly in equity/equity related securities of the companies belonging to the Exports & Services industry.
| Fund Type | Open Ended |
| Benchmark | Nifty 50 |
| Fund Manager | Mrinal Singh, Mittul Kalawadia |
| Risk Factor | Moderately High |
| Asset Size | 1875.07 Cr |
| Returns (%) 1 Yr | 4.22 |
| Returns (%) 3 Yrs | 8.24 |
| Returns (%) 5 Yrs | 7.12 |
Investment Objective: To generate capital appreciation by actively investing in diversified mid cap stocks.
The following are the hybrid mutual funds from ICICI Prudential:
| Fund Type | Open Ended |
| Benchmark | Nifty 50 |
| Fund Manager | Rajat Chandak, Manish Banthia |
| Risk Factor | Moderately High |
| Asset Size | 1709.64 Cr |
| Returns (%) 1 Yr | 9.73 |
| Returns (%) 3 Yrs | 8.70 |
| Returns (%) 5 Yrs | 8.85 |
Investment Objective: To generate regular income through investments primarily in debt and money market instruments. As a secondary objective, the Scheme also seeks to generate long term capital appreciation from the portion of equity investments under the Scheme.
| Fund Type | Open Ended |
| Benchmark | Nifty 50 |
| Fund Manager | Sankaran Naren, Manish Banthia, Atul Patel |
| Risk Factor | Moderately High |
| Asset Size | 23072.62 Cr |
| Returns (%) 1 Yr | 11.50 |
| Returns (%) 3 Yrs | 9.67 |
| Returns (%) 5 Yrs | 9.43 |
Investment Objective: To generate long-term capital appreciation and current income by creating a portfolio invested in equity-equity related securities as well as fixed income and money market securities.
| Fund Type | Open Ended |
| Benchmark | Nifty 50 |
| Fund Manager | Dharmesh Kakkad, Kayzad Eghlim, Manish Banthia |
| Risk Factor | Moderate |
| Asset Size | 13565.97 Cr |
| Returns (%) 1 Yr | 6.10 |
| Returns (%) 3 Yrs | 5.96 |
| Returns (%) 5 Yrs | 6.37 |
Investment Objective: To generate low volatility returns by using arbitrage and other derivative strategies in equity markets and investments in short-term debt portfolio.
| Fund Type | Open Ended |
| Benchmark | Nifty 50 |
| Fund Manager | Sankaran Naren, Anuj Tagra, Ihab Dalwai |
| Risk Factor | Moderately High |
| Asset Size | 11870.95 Cr |
| Returns (%) 1 Yr | 10.05 |
| Returns (%) 3 Yrs | 9.78 |
| Returns (%) 5 Yrs | 8.84 |
Investment Objective: To generate capital appreciation and income for investors by investing across asset classes.
| Fund Type | Open Ended |
| Benchmark | Nifty 50 |
| Fund Manager | Dharmesh Kakkad, Sankaran Naren, Prakash Gaurav Goel, Kayzad Eghlim, Manish Banthia |
| Risk Factor | Moderately High |
| Asset Size | 1520.95 Cr |
| Returns (%) 1 Yr | 11.63 |
| Returns (%) 3 Yrs | 8.05 |
| Returns (%) 5 Yrs | 8.01 |
Investment Objective: To generate regular income through investments in fixed income securities and using arbitrage and other derivative strategies.
The following are the debt funds offered by ICICI Prudential:
| Fund Type | Open Ended |
| Benchmark | CRISIL 10 Year Gilt Index |
| Fund Manager | Rahul Goswami, Rohan Maru |
| Risk Factor | Moderately Low |
| Asset Size | 2130.46 Cr |
| Returns (%) 1 Yr | 8.67 |
| Returns (%) 3 Yrs | 7.62 |
| Returns (%) 5 Yrs | 8.17 |
Investment Objective: To generate income through investments in a range of debt and money market instruments while maintaining the optimum balance of yield, safety and liquidity.
| Fund Type | Open Ended |
| Benchmark | CRISIL 10 Year Gilt Index |
| Fund Manager | Rahul Goswami, Nikhil Kabra |
| Risk Factor | Moderately Low |
| Asset Size | 8005.39 Cr |
| Returns (%) 1 Yr | 8.33 |
| Returns (%) 3 Yrs | 7.13 |
| Returns (%) 5 Yrs | 7.72 |
Investment Objective: To generate income through investing predominantly in floating rate instruments while maintaining the optimum balance of yield, safety and liquidity.
| Fund Type | Open Ended |
| Benchmark | CRISIL 10 Year Gilt Index |
| Fund Manager | Rahul Goswami, Rohan Maru, Chandni Gupta |
| Risk Factor | Moderately Low |
| Asset Size | 11338.51 Cr |
| Returns (%) 1 Yr | 9.71 |
| Returns (%) 3 Yrs | 7.35 |
| Returns (%) 5 Yrs | 8.19 |
Investment Objective: To generate income through investing predominantly in AA+ and above rated corporate bonds while maintaining the optimum balance of yield, safety and liquidity.
Accompanied by low risk, the objective of this open-ended liquid fund scheme is to generate returns through investments in money market and debt instruments while optimising liquidity and safety.
| Fund Type | Open Ended |
| Benchmark | CRISIL 10 Year Gilt Index |
| Fund Manager | Rahul Goswami, Rohan Maru, Chandni Gupta |
| Risk Factor | Moderately Low |
| Asset Size | 11338.51 Cr |
| Returns (%) 1 Yr | 9.71 |
| Returns (%) 3 Yrs | 7.35 |
| Returns (%) 5 Yrs | 8.19 |
Investment Objective: To provide reasonable returns commensurate with low risk and providing a high level of liquidity, through investments made primarily in money market and debt instruments.
| Fund Type | Open Ended |
| Benchmark | CRISIL 10 Year Gilt Index |
| Fund Manager | Rahul Goswami, Rohan Maru |
| Risk Factor | Low |
| Asset Size | 55664.87 Cr |
| Returns (%) 1 Yr | 6.49 |
| Returns (%) 3 Yrs | 6.85 |
| Returns (%) 5 Yrs | 7.29 |
Investment Objective: To provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities.
| Fund Type | Open Ended |
| Benchmark | CRISIL 10 Year Gilt Index |
| Fund Manager | Manish Banthia |
| Risk Factor | Moderate |
| Asset Size | 12353.65 Cr |
| Returns (%) 1 Yr | 9.48 |
| Returns (%) 3 Yrs | 6.94 |
| Returns (%) 5 Yrs | 7.96 |
Investment Objective: To generate income through investments in a range of debt and money market instruments while maintaining the optimum balance of yield, safety and liquidity.
| Fund Type | Open Ended |
| Benchmark | CRISIL 10 Year Gilt Index |
| Fund Manager | Rahul Goswami, Nikhil Kabra |
| Risk Factor | Low |
| Asset Size | 9118.54 Cr |
| Returns (%) 1 Yr | 7.73 |
| Returns (%) 3 Yrs | 7.38 |
| Returns (%) 5 Yrs | 7.61 |
Investment Objective: To generate income through investing in a range of debt and money market instruments of various duration while maintaining the optimum balance of yield, safety and liquidity.
| Fund Type | Open Ended |
| Benchmark | NA |
| Fund Manager | NA |
| Risk Factor | Moderately High |
| Asset Size | 661.51 Cr |
| Returns (%) 1 Yr | 8.90 |
| Returns (%) 3 Yrs | 9.77 |
| Returns (%) 5 Yrs | 7.54 |
Investment Objective: To generate capital appreciation by creating a portfolio that is invested in equity and equity related securities and debt and money market instruments.
| Fund Type | Open Ended |
| Benchmark | Nifty 50 TRI |
| Fund Manager | Kayzad Eghlim |
| Risk Factor | Moderately High |
| Asset Size | 1379.46 Cr |
| Returns (%) 1 Yr | 14.82 |
| Returns (%) 3 Yrs | 15.02 |
| Returns (%) 5 Yrs | 9.07 |
Investment Objective: To provide returns before expenses that closely correspond to the total return of the Underlying Index, subject to tracking errors.
| Fund Type | Open Ended |
| Benchmark | S&P BSE SENSEX TRI |
| Fund Manager | Kayzad Eghlim |
| Risk Factor | Moderately High |
| Asset Size | 31.65 Cr |
| Returns (%) 1 Yr | 16.47 |
| Returns (%) 3 Yrs | 16.54 |
| Returns (%) 5 Yrs | 9.58 |
Investment Objective: To provide investment returns that, before expenses, closely correspond to the total returns of the securities as represented by the SENSEX.
| Fund Type | Open Ended |
| Benchmark | Nifty 50 |
| Fund Manager | Kayzad Eghlim |
| Risk Factor | High |
| Asset Size | 39.51 Cr |
| Returns (%) 1 Yr | 1.26 |
| Returns (%) 3 Yrs | 7.55 |
| Returns (%) 5 Yrs | NA |
Investment Objective: To provide returns before expenses that closely correspond to the total return of the underlying index subject to tracking errors.
| Fund Type | Open Ended |
| Benchmark | Nifty 100 TRI |
| Fund Manager | Kayzad Eghlim |
| Risk Factor | Moderately High |
| Asset Size | 9.92 Cr |
| Returns (%) 1 Yr | 13.17 |
| Returns (%) 3 Yrs | 13.89 |
| Returns (%) 5 Yrs | 8.95 |
Investment Objective: To provide returns before expenses that closely correspond to the total return of the Underlying Index, subject to tracking errors.
| Fund Type | Open Ended |
| Benchmark | Nifty 50 |
| Fund Manager | Manish Banthia |
| Risk Factor | Moderate |
| Asset Size | 198.09 Cr |
| Returns (%) 1 Yr | 8.58 |
| Returns (%) 3 Yrs | 6.97 |
| Returns (%) 5 Yrs | 8.57 |
Investment Objective: To generate capital appreciation primarily from a portfolio of debt oriented schemes accessed through the diversified investment styles of underlying schemes.
Here are the top 10 mutual funds from ICICI Prudential:
| Type of Schemes | Type of Fund | NAV | 1-Y Return | 3-Y Return | 5-Y Return |
|---|---|---|---|---|---|
| Regular Savings Fund - Growth | Growth | 40.54 | 4.65 | 9.25 | 12.57 |
| Regular Savings Fund - Dividend Quarterly | Dividend | 11.53 | 4.65 | 9.25 | 12.57 |
| Regular Savings Fund - Dividend Monthly | Dividend | 13.94 | 4.65 | 9.25 | 12.57 |
| Regular Savings Fund - Dividend Half Yearly | Dividend | 12.52 | 4.65 | 9.25 | 12.57 |
| Regular Savings Fund - Bonus | Growth | 16.93 | 4.65 | 9.25 | 12.57 |
| Nifty Next 50 Index Fund - Growth | Growth | 26.48 | 6.45 | 12.05 | 22.94 |
| Nifty Next 50 Index Fund - Dividend | Dividend | 26.48 | 6.45 | 12.05 | 22.94 |
| Nifty Next 50 Index Direct - Growth | Growth | 27.15 | 6.87 | 12.55 | 23.48 |
| Nifty Next 50 Index Direct - Dividend | Dividend | 27.14 | 6.87 | 12.55 | 23.48 |
| Regular Savings Fund - Direct Growth | Growth | 42.34 | 5.56 | 10.15 | 13.46 |
Every investor needs to be KYC (Know Your Customer) complaint to be able to invest in ICICI Prudential Mutual Fund. All investors are required to ensure that they are KYC compliant to open an account with ICICI Prudential Mutual Fund.
For investors who are not KYC compliant, they have to fill up the KYC application form and submit it at their nearest Point of Sales, along with relevant documents.
These documents include:
Documents required to open an account with ICICI Prudential Mutual Fund are:
Can joint account holders make investments in ICICI Prudential Mutual Fund?
Yes, you can make investments in ICICI Prudential Mutual Fund through a joint account. It is not mandatory for you to be related to your joint account holder to make an investment.
How long does it take to get the dividend amount?
The estimated time taken by ICICI Prudential Mutual Fund for the release of dividend amount is a maximum of 10 working days from the record date. However, the deadline that the Securities and Exchange Board of India allows for dividend payments is 30 days.
How are dividend payments made to investors?
Dividend payments can be made to investors through these options:
How are redemption payouts made to investors?
The available payment modes available for redemption payouts to investors are:
Will I receive mobile alerts for transactions?
Yes, ICICI Prudential Mutual Fund investors receive mobile alerts for financial transactions, like purchases and redemption pay outs, as well as for non-financial purposes like change of address, change of bank, etc.
Through what modes can I invest in mutual funds via SIPs?
The modes of payment offered by ICICI Prudential Mutual Fund to SIP individuals who have invested in mutual funds through SIP are:
What documents must I submit to start an SIP and put in money every month?
The necessary documents to start investing in SIP are:
Does a partnership firm have to submit a partnership deed if it wants to invest in mutual funds?
Yes, it is mandatory for all partnership firms to submit their partnership deeds to invest in mutual funds.
Who is eligible for ICICI Prudential Mutual Fund?
Following is the list of entities that are eligible for investing in ICICI Prudential Mutual Fund:
How to invest in ICICI Prudential Mutual Fund online?
You can invest in ICICI Prudential Mutual Fund online through these simple steps:
Why choose ICICI Prudential Mutual Fund?
