Nippon India vs ICICI Prudential Mutual Fund: Which Mutual Fund House is Better for You?

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Last Updated: 28th November 2025 - 03:52 pm

When it comes to choosing the right mutual fund AMC (Asset Management Company), investors often compare two of India’s most reputed names—Nippon India Mutual Fund and ICICI Prudential Mutual Fund. Both have built strong reputations for delivering consistent mutual fund returns, offering diverse investment schemes, and maintaining investor trust over the years.

As of June 2025, Nippon India Mutual Fund AUM stands at ₹6.17 lakh crore, making it one of the largest independent AMCs in India. Meanwhile, ICICI Prudential Mutual Fund AUM is at ₹9.8 lakh crore, giving it a leading edge in terms of market share and distribution reach.

Whether you are looking to start a Nippon India SIP ₹500 per month or invest in ICICI Prudential ELSS for tax savings, both AMCs offer attractive opportunities. Let’s break down their offerings to help you decide which fund house is best suited for your investment goals.

About the AMC

About the AMCs Nippon India Mutual Fund ICICI Prudential Mutual Fund
AUM (June 2025) ₹6.17 lakh crore ₹9.8 lakh crore
Background One of the largest independent AMCs in India. A joint venture between ICICI Bank and Prudential Plc.
Investment Strength Known for Equity Funds and a strong retail SIP book. Known for Hybrid Funds, Debt Funds, and risk-managed strategies.
Product Range Offers innovative schemes across asset classes. Offers consistent long-term performance with balanced investment schemes.
Investor Access Strong online presence for investors to easily buy Nippon India Mutual Fund online. Wide distribution network for easy access to invest in ICICI Prudential through 5paisa.

Fund Categories Offered

Both AMCs provide a wide range of investment products for every type of investor:

  • Equity Mutual Funds – Large Cap, Mid Cap, Small Cap, Multi-Cap, Sectoral, and Thematic Funds.
  • Debt Mutual Funds – Liquid Funds, Short Duration, Corporate Bonds, and Gilt Funds.
  • Hybrid Funds – Balanced Advantage Funds, Aggressive Hybrid Funds, and Equity Savings Funds.
  • ELSS (Equity Linked Savings Scheme) – Tax-saving mutual funds under Section 80C.
  • ETFs & Index Funds – Passive strategies tracking market indices.
  • Portfolio Management Services (PMS) – For high-net-worth investors requiring professional portfolio management.

Top Funds of Nippon India and ICICI Prudential Mutual Fund

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Unique Strengths of Each AMC

Nippon India Mutual Fund Strengths

  • Strong Equity Portfolio: Popular among retail investors for Nippon India Equity Funds like small-cap and multi-cap categories.
  • Trusted Retail AMC: Widely chosen by investors starting Nippon India SIP ₹500 per month, making it retail-friendly.
  • Diverse Investment Schemes: Covers equity, debt, hybrid, ELSS, and ETFs with competitive performance.
  • Strong Online Presence: Easy to Buy Nippon India Mutual Fund online and manage investments digitally.
  • ELSS Advantage: Top Nippon India Mutual Funds for tax saving include its ELSS products with long-term track record.
  • Long-Term Growth: Many investors consider Best Nippon India Mutual Funds 2025 as ideal picks for wealth creation.
  • Portfolio Management Services: Offers advanced Nippon India portfolio management for HNIs.

ICICI Prudential Mutual Fund Strengths

  • Large AUM Leadership: With ₹9.8 lakh crore AUM, it is one of the largest AMCs in India.
  • Hybrid Expertise: Its ICICI Prudential Balanced Advantage Fund is among the most popular in India.
  • Debt & Risk Management: Strong focus on ICICI Prudential Debt Funds, offering stability for conservative investors.
  • Wide Distribution: Easy to Invest in ICICI Prudential through 5paisa or via banking channels.
  • Equity Growth Track Record: Some of the Best ICICI Prudential Equity Mutual Funds for long-term are known for consistent outperformance.
  • Strong SIP Book: Investors trust ICICI Prudential SIPs for disciplined wealth creation.
  • Diversified Portfolio Management: Provides comprehensive ICICI Prudential investment schemes across asset classes.

Who Should Invest?

The choice between Nippon India AMC and ICICI Prudential AMC largely depends on your financial goals and risk appetite.

Choose Nippon India Mutual Fund if you:

  • Want exposure to Nippon India Equity Funds with strong small-cap and mid-cap performance.
  • Prefer starting small with Nippon India SIP ₹500 per month and growing gradually.
  • Seek tax-saving opportunities via Nippon India ELSS funds.
  • Value an independent fund house with innovative equity-driven products.

Choose ICICI Prudential Mutual Fund if you:

  • Prefer stability through ICICI Prudential Debt Funds and hybrid offerings.
  • Want exposure to Best ICICI Prudential Mutual Funds 2025 with a focus on long-term returns.
  • Rely on strong brand backing from ICICI Bank and global partner Prudential.
  • Wish to invest in diversified products via easy platforms like Open SIP with ICICI Prudential or Buy ICICI Prudential Mutual Fund online.

Conclusion

Both Nippon India Mutual Fund and ICICI Prudential Mutual Fund are strong contenders in India’s mutual fund industry. Nippon India AMC, with its ₹6.17 lakh crore AUM, is an excellent choice for investors looking at aggressive equity growth, SIP-friendly investments, and tax-saving ELSS schemes. ICICI Prudential AMC, with a massive ₹9.8 lakh crore AUM, stands out for its hybrid and debt strategies, offering a blend of safety and growth.

In short:

Nippon India MF → Ideal for aggressive, equity-focused, and SIP-based investors.

ICICI Prudential MF → Perfect for balanced, conservative, and long-term investors.

For a well-diversified portfolio, investors may even consider a mix of both.

Explore our options in mutual fund and find one that aligns with your financial goals.

Frequently Asked Questions

Which AMC is better for SIP – Nippon India or ICICI Prudential? 

Is Nippon India Mutual Fund good for tax saving? 

Which ICICI Prudential Mutual Fund is best for long-term? 

Can I invest in both Nippon India and ICICI Prudential through 5paisa? 

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