Best investment policies at lowest premiums.
Top performing investment plans, better than mutual funds
Plans with zero commissions
and lowest charges in the market.
tax-free returns
Benefits for 80C, 10(10D) and no LTCG.

ICICI Prudential Mutual Fund

ICICI Prudential Mutual Fund is India’s second largest asset management company. It is a joint venture between ICICI Bank in India and Prudential Plc, one of 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.

The objective of ICICI Prudential Mutual Fund is to offer a versatile range of mutual fund investments that are a combination of investments and savings, enabling investors to build a portfolio that makes the best use of their finances for their diverse financial requirements. The investment solutions are equipped to generate capital wealth by investing in companies across national and international markets.

Features of ICICI Prudential Mutual Fund

Let’s take a look at the primary features of ICICI Prudential Mutual Fund:

  • It specialises in offering an extensive range of robust investment options across large-cap, mid-cap and small-cap stocks for short, medium and long-term investments.
  • Mutual fund schemes are designed to ensure good returns, as evident from their fund performances over the years.
  • Mutual fund schemes are tailor-made to suit the unique financial objectives of investors and their varied risk appetite
  • It boasts of a highly accomplished team of Fund Managers who are experts in the financial industry and have the experience to guide the company mutual fund schemes through volatile capital market conditions
  • Last but not the least, ICICI Mutual Fund schemes are a safe investment instrument for all investors, irrespective of their financial goals.
  • Most of ICICI Prudential’s mutual investment schemes are eligible for a CRISIL rating of AAA .
  • The investment products are user-friendly with ICICI Mutual Fund. It ensures streamlined and seamless services to young, inexperienced and small-time investors with Systematic Investment Plans (SIP), which encourages a positive financial habit through monthly investments.
  • Equity Linked Savings Plans (ELSS) make investors eligible for tax deductions under Section 80C of Income Tax Act, 1961.
  • It boasts of a robust portfolio of debt mutual investments and instruments like Government Securities, Treasury Bills, Money Markets and Corporate Bonds, which are not affected by unfavourable conditions in the capital market.
  • An extensive range of investment schemes across different types of mutual fund investments – equity, debt, hybrid, funds of funds and exchange-traded funds – enables investors to build a stable and diverse portfolio as per their risk appetite and financial objectives.
  • Open-ended schemes from ICICI Mutual Fund offer the flexibility of withdrawing the invested capital, according to the convenience of investors, in accordance to the exit load of schemes.
  • It offers attractive post-tax returns on debt instruments in the form of dividends., Dividend from liquid v/s non-liquid funds, Dividend for individual v/s non-individual investors, capital gains based on the difference between the sales price and purchase price of the debt security, etc.

Types of Funds Offered by ICICI Prudential

ICICI Prudential Mutual Fund offers an extensive range of mutual funds across categories. It acts as a favourable investment option for investors with different risk appetite and financial objectives. The following are the different types of mutual funds from ICICI Prudential:

  • Equity Funds: Equity funds from ICICI Mutual Fund are an effective mutual fund vehicle for long-term investments in the stock market. Its objective is to ensure investors high returns through medium-higher risk funds. These funds are handled either actively or passively through index funds.

  • Hybrid Funds: Also referred to as Balanced Funds, these mutual fund investments is a combination of debt as well as equity funds, which justifies its name. The type of hybrid combination determines the degree of magnitude. In the case of debt-hybrid, the majority of the funds is invested in the debt market, as the name suggests. Similarly, the majority of the funds is invested in the equity market, in the case of equity-hybrid.

  • Debt Funds: This investment vehicle invests in medium or short-term bonds, money markets, security products, etc. It is aimed at making use of the available funds to generate the maximum ROI, while preserving the initial investment amount. It is a recommended investment vehicle for investors with a low risk appetite.

  • 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. Investments are largely made in stocks of precious metals, corporations and currencies. One of the benefits of these funds is that there are no restrictions regarding the time in which they are bought and sold.

Equity Schemes Offered by ICICI Prudential

Note: All information has been sourced from the official website of ICICI Prudential Mutual Fund.

ICICI Prudential Bluechip Fund

Fund TypeOpen Ended
BenchmarkNifty 100 TRI
Fund ManagerAnish Tawakley, Rajat Chandak
Risk FactorHigh
Asset Size25024.91 Cr
Returns (%) 1 Yr11.56
Returns (%) 3 Yrs12.44
Returns (%) 5 Yrs9.13

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.

ICICI Prudential Value Discovery Fund

Fund TypeOpen Ended
BenchmarkS&P BSE 500 TRI
Fund ManagerMrinal Singh
Risk FactorHigh
Asset Size14912.25 Cr
Returns (%) 1 Yr4.35
Returns (%) 3 Yrs6.05
Returns (%) 5 Yrs5.95

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.

ICICI Prudential Long Term Equity Fund (Tax Saving)

Fund TypeOpen Ended
BenchmarkNifty 500 TRI
Fund ManagerHarish Bihani, Sankaran Naren
Risk FactorHigh
Asset Size6707.34 Cr
Returns (%) 1 Yr11.20
Returns (%) 3 Yrs11.06
Returns (%) 5 Yrs8.74

Investment Objective: To generate long term capital appreciation.

ICICI Prudential Infrastructure Fund

Fund TypeOpen Ended
BenchmarkNIFTY Infrastructure TRI
Fund ManagerSankaran Naren, Ihab Dalwai
Risk FactorHigh
Asset Size1076 Cr
Returns (%) 1 Yr8.03
Returns (%) 3 Yrs7.12
Returns (%) 5 Yrs4.60

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 infrastructure theme.

ICICI Prudential Multi-cap Fund

Fund TypeOpen Ended
BenchmarkS&P BSE 500 TRI
Fund ManagerSankaran Naren, Atul Patel
Risk FactorHigh
Asset Size4744.81 Cr
Returns (%) 1 Yr8.45
Returns (%) 3 Yrs10.63
Returns (%) 5 Yrs9.20

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.

ICICI Prudential Technology Fund

Fund TypeOpen Ended
BenchmarkNifty 50
Fund ManagerSankaran Naren, Ashwin Jain
Risk FactorHigh
Asset Size408.92 Cr
Returns (%) 1 Yr4.27
Returns (%) 3 Yrs15.51
Returns (%) 5 Yrs7.62

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.

ICICI Prudential Large and Mid-cap Fund

Fund TypeOpen Ended
BenchmarkNifty 50
Fund ManagerSankaran Naren, Prakash Gaurav Goel
Risk FactorHigh
Asset Size3242.09 Cr
Returns (%) 1 Yr9.03
Returns (%) 3 Yrs8.40
Returns (%) 5 Yrs7.38

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.

ICICI Prudential US Bluechip Equity Fund

Fund TypeOpen Ended
BenchmarkNifty 50
Fund ManagerRohan Maru, Priyanka Khandelwal
Risk FactorHigh
Asset Size437.42 Cr
Returns (%) 1 Yr28.88
Returns (%) 3 Yrs16.29
Returns (%) 5 Yrs14.44

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

ICICI Prudential Exports and Services Fund

Fund TypeOpen Ended
BenchmarkS&P BSE 500 TRI
Fund ManagerSankaran Naren, Ashwin Jain
Risk FactorHigh
Asset Size672.23 Cr
Returns (%) 1 Yr9.71
Returns (%) 3 Yrs8.52
Returns (%) 5 Yrs7.60

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.

ICICI Prudential Mid-cap Fund

Fund TypeOpen Ended
BenchmarkNifty 50
Fund ManagerMrinal Singh, Mittul Kalawadia
Risk FactorModerately High
Asset Size1875.07 Cr
Returns (%) 1 Yr4.22
Returns (%) 3 Yrs8.24
Returns (%) 5 Yrs7.12

Investment Objective: To generate capital appreciation by actively investing in diversified mid cap stocks.

Hybrid Schemes Offered by ICICI Prudential

The following are the hybrid mutual funds from ICICI Prudential:

ICICI Prudential Regular Savings Fund - Growth

Fund TypeOpen Ended
BenchmarkNifty 50
Fund ManagerRajat Chandak, Manish Banthia
Risk FactorModerately High
Asset Size1709.64 Cr
Returns (%) 1 Yr9.73
Returns (%) 3 Yrs8.70
Returns (%) 5 Yrs8.85

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.

ICICI Prudential Equity & Debt Fund

Fund TypeOpen Ended
BenchmarkNifty 50
Fund ManagerSankaran Naren, Manish Banthia, Atul Patel
Risk FactorModerately High
Asset Size23072.62 Cr
Returns (%) 1 Yr11.50
Returns (%) 3 Yrs9.67
Returns (%) 5 Yrs9.43

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.

ICICI Prudential Equity – Arbitrage Fund

Fund TypeOpen Ended
BenchmarkNifty 50
Fund ManagerDharmesh Kakkad, Kayzad Eghlim, Manish Banthia
Risk FactorModerate
Asset Size13565.97 Cr
Returns (%) 1 Yr6.10
Returns (%) 3 Yrs5.96
Returns (%) 5 Yrs6.37

Investment Objective: To generate low volatility returns by using arbitrage and other derivative strategies in equity markets and investments in short-term debt portfolio.

ICICI Prudential Multi-Asset Fund

Fund TypeOpen Ended
BenchmarkNifty 50
Fund ManagerSankaran Naren, Anuj Tagra, Ihab Dalwai
Risk FactorModerately High
Asset Size11870.95 Cr
Returns (%) 1 Yr10.05
Returns (%) 3 Yrs9.78
Returns (%) 5 Yrs8.84

Investment Objective: To generate capital appreciation and income for investors by investing across asset classes.

ICICI Prudential Equity Savings Fund

Fund TypeOpen Ended
BenchmarkNifty 50
Fund ManagerDharmesh Kakkad, Sankaran Naren, Prakash Gaurav Goel, Kayzad Eghlim, Manish Banthia
Risk FactorModerately High
Asset Size1520.95 Cr
Returns (%) 1 Yr11.63
Returns (%) 3 Yrs8.05
Returns (%) 5 Yrs8.01

Investment Objective: To generate regular income through investments in fixed income securities and using arbitrage and other derivative strategies.

Debt Funds Offered by ICICI Prudential

The following are the debt funds offered by ICICI Prudential:

ICICI Prudential Savings Fund

Fund TypeOpen Ended
BenchmarkCRISIL 10 Year Gilt Index
Fund ManagerRahul Goswami, Rohan Maru
Risk FactorModerately Low
Asset Size2130.46 Cr
Returns (%) 1 Yr8.67
Returns (%) 3 Yrs7.62
Returns (%) 5 Yrs8.17

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.

ICICI Prudential Floating Interest Fund

Fund TypeOpen Ended
BenchmarkCRISIL 10 Year Gilt Index
Fund ManagerRahul Goswami, Nikhil Kabra
Risk FactorModerately Low
Asset Size8005.39 Cr
Returns (%) 1 Yr8.33
Returns (%) 3 Yrs7.13
Returns (%) 5 Yrs7.72

Investment Objective: To generate income through investing predominantly in floating rate instruments while maintaining the optimum balance of yield, safety and liquidity.

ICICI Prudential Corporate Bond Fund

Fund TypeOpen Ended
BenchmarkCRISIL 10 Year Gilt Index
Fund ManagerRahul Goswami, Rohan Maru, Chandni Gupta
Risk FactorModerately Low
Asset Size11338.51 Cr
Returns (%) 1 Yr9.71
Returns (%) 3 Yrs7.35
Returns (%) 5 Yrs8.19

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.

ICICI Prudential Liquid Fund

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.

ICICI Prudential Short Term Fund - Growth

Fund TypeOpen Ended
BenchmarkCRISIL 10 Year Gilt Index
Fund ManagerRahul Goswami, Rohan Maru, Chandni Gupta
Risk FactorModerately Low
Asset Size11338.51 Cr
Returns (%) 1 Yr9.71
Returns (%) 3 Yrs7.35
Returns (%) 5 Yrs8.19

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.

ICICI Prudential Money Market Fund

Fund TypeOpen Ended
BenchmarkCRISIL 10 Year Gilt Index
Fund ManagerRahul Goswami, Rohan Maru
Risk FactorLow
Asset Size55664.87 Cr
Returns (%) 1 Yr6.49
Returns (%) 3 Yrs6.85
Returns (%) 5 Yrs7.29

Investment Objective: To provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities.

ICICI Prudential Long Term Bond Fund

Fund TypeOpen Ended
BenchmarkCRISIL 10 Year Gilt Index
Fund ManagerManish Banthia
Risk FactorModerate
Asset Size12353.65 Cr
Returns (%) 1 Yr9.48
Returns (%) 3 Yrs6.94
Returns (%) 5 Yrs7.96

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.

ICICI Prudential All Seasons Bond Fund

Fund TypeOpen Ended
BenchmarkCRISIL 10 Year Gilt Index
Fund ManagerRahul Goswami, Nikhil Kabra
Risk FactorLow
Asset Size9118.54 Cr
Returns (%) 1 Yr7.73
Returns (%) 3 Yrs7.38
Returns (%) 5 Yrs7.61

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.

Solution-oriented Funds Offered by ICICI Prudential

ICICI Prudential Child Care Plan (Gift Plan)

Fund TypeOpen Ended
BenchmarkNA
Fund ManagerNA
Risk FactorModerately High
Asset Size661.51 Cr
Returns (%) 1 Yr8.90
Returns (%) 3 Yrs9.77
Returns (%) 5 Yrs7.54

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.

ICICI Prudential Nifty ETF

Fund TypeOpen Ended
BenchmarkNifty 50 TRI
Fund ManagerKayzad Eghlim
Risk FactorModerately High
Asset Size1379.46 Cr
Returns (%) 1 Yr14.82
Returns (%) 3 Yrs15.02
Returns (%) 5 Yrs9.07

Investment Objective: To provide returns before expenses that closely correspond to the total return of the Underlying Index, subject to tracking errors.

ICICI Prudential Sensex ETF

Fund TypeOpen Ended
BenchmarkS&P BSE SENSEX TRI
Fund ManagerKayzad Eghlim
Risk FactorModerately High
Asset Size31.65 Cr
Returns (%) 1 Yr16.47
Returns (%) 3 Yrs16.54
Returns (%) 5 Yrs9.58

Investment Objective: To provide investment returns that, before expenses, closely correspond to the total returns of the securities as represented by the SENSEX.

ICICI Prudential Midcap Select ETF

Fund TypeOpen Ended
BenchmarkNifty 50
Fund ManagerKayzad Eghlim
Risk FactorHigh
Asset Size39.51 Cr
Returns (%) 1 Yr1.26
Returns (%) 3 Yrs7.55
Returns (%) 5 YrsNA

Investment Objective: To provide returns before expenses that closely correspond to the total return of the underlying index subject to tracking errors.

ICICI Prudential Nifty 100 ETF

Fund TypeOpen Ended
BenchmarkNifty 100 TRI
Fund ManagerKayzad Eghlim
Risk FactorModerately High
Asset Size9.92 Cr
Returns (%) 1 Yr13.17
Returns (%) 3 Yrs13.89
Returns (%) 5 Yrs8.95

Investment Objective: To provide returns before expenses that closely correspond to the total return of the Underlying Index, subject to tracking errors.

ICICI Prudential Advisor Series – Debt Management Fund

Fund TypeOpen Ended
BenchmarkNifty 50
Fund ManagerManish Banthia
Risk FactorModerate
Asset Size198.09 Cr
Returns (%) 1 Yr8.58
Returns (%) 3 Yrs6.97
Returns (%) 5 Yrs8.57

Investment Objective: To generate capital appreciation primarily from a portfolio of debt oriented schemes accessed through the diversified investment styles of underlying schemes.

Top 10 ICICI Prudential Mutual Fund

Here are the top 10 mutual funds from ICICI Prudential:

Type of SchemesType of FundNAV1-Y Return3-Y Return5-Y Return
Regular Savings Fund - GrowthGrowth40.544.659.2512.57
Regular Savings Fund - Dividend QuarterlyDividend11.534.659.2512.57
Regular Savings Fund - Dividend MonthlyDividend13.944.659.2512.57
Regular Savings Fund - Dividend Half YearlyDividend12.524.659.2512.57
Regular Savings Fund - BonusGrowth16.934.659.2512.57
Nifty Next 50 Index Fund - GrowthGrowth26.486.4512.0522.94
Nifty Next 50 Index Fund - DividendDividend26.486.4512.0522.94
Nifty Next 50 Index Direct - GrowthGrowth27.156.8712.5523.48
Nifty Next 50 Index Direct - DividendDividend27.146.8712.5523.48
Regular Savings Fund - Direct GrowthGrowth42.345.5610.1513.46

Documents Required for Investing in ICICI Mutual Fund

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:

  • PAN Card
  • Address proof
  • Identity proof, and
  • Passport-sized photograph

Documents required to open an account with ICICI Prudential Mutual Fund are:

  • KYC acknowledgment
  • Filled up Application Form
  • Cheque/DD from your bank
  • Third-party declaration (for investors who are minors or for investing on behalf of minors)

FAQs on ICICI Prudential Mutual Funds

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:

  • National Electronic Clearing System (NECS)
  • National Electronic Fund Transfer (NEFT) or Real Time Gross Settlement (RTGS)
  • Direct credit, or
  • Demand Draft

How are redemption payouts made to investors?

The available payment modes available for redemption payouts to investors are:

  • National Electronic Fund Transfer (NEFT) or Real Time Gross Settlement (RTGS)
  • Direct credit, and
  • Demand Draft

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:

  • Standing instruction facility
  • Auto-debit
  • Post-dates cheques

What documents must I submit to start an SIP and put in money every month?

The necessary documents to start investing in SIP are:

  • KYC-KRA acknowledgment
  • Relevant Application Form
  • A minimum of five post-dated cheques
  • One current-dated cheque

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:

  • Resident Indians
  • Non-Resident Indians (NRIs)
  • Parents or legal guardians of minors
  • Businesses
  • Banks
  • Insurance companies
  • Partnership firms
  • Pension Funds
  • Hindu Undivided Families (HUFs)
  • Foreign Institutional Investors (FIIs)
  • Public Financial Institutions (PFIs)
  • Trusts

How to invest in ICICI Prudential Mutual Fund online?

You can invest in ICICI Prudential Mutual Fund online through these simple steps:

  • Step 1: Visit the official website of ICICI Prudential Mutual Fund.
  • Step 2: Select the ‘Login to Invest’ button mentioned under the ‘Invest Now’ section to the right.
  • Step 3: If you are a new investor, you have to skip Step 2 and instead select the ‘Register Now’ option to be redirected to a new page.
  • Step 4: Enter your folio number and create a new account with username and password.
  • Step 5: Click on the box to acknowledge and agree to the terms and conditions of the online service, and then select the ‘Submit’ button.
  • Step 6 : A one-time password (OTP) will be generated and sent to your registered mobile number. Enter the OTP and then click on the ‘Activate Now’ button to complete the verification process and start investing.

Why choose ICICI Prudential Mutual Fund?

  • ICICI Prudential Mutual Fund is a joint venture between ICICI Prudential Asset Management Company and Prudential PLC. ICICI Prudential Asset Management Company is a reputed investment company that is sponsored by ICICI Bank, the largest private sector bank in India. Prudential PLC is a renowned UK-based financial services organisation.
  • It specialises in offering an extensive range of robust investment options across large-cap, mid-cap and small-cap stocks for short, medium and long-term investments.
  • Mutual fund schemes are designed to ensure good returns, as evident from their fund performances over the years.
  • Mutual fund schemes are tailor-made to suit the unique financial objectives of investors and their varied risk appetite
  • It boasts of a highly accomplished team of Fund Managers who are experts in the financial industry and have the experience to guide the company mutual fund schemes through volatile capital market conditions
  • Last but not the least, ICICI Prudential Mutual Fund schemes are a safe investment instrument for all investors, irrespective of their financial goals.
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