ICICI Prudential Mutual Fund

ICICI Prudential Asset Management Company Limited is one of India’s largest and most reputed mutual fund houses. The company has over two decades of expertise in fund management. It boasts a solid investor base of over 62 lakh investors and an AUM (Assets Under Management) of INR 4,80,992.70 crores (as of 31st October 2021). ICICI MF offers 68 mutual fund schemes across categories like equity, debt, hybrid, sectoral/ thematic, fund of funds, ELSS, etc.

The primary objective of the ICICI Mutual Fund is to bridge the gap between investment and savings. It aspires to create long-term wealth through convenient and investor-friendly investment solutions. Investors can invest in ICICI Prudential mutual fund schemes both online and offline in India.

Top 10 ICICI PRUDENTIAL Mutual Fund Schemes to Invest in –

Fund Name
Category
Risk
1Y Returns
Rating
Fund Size (in Cr)
ICICI Pru Smallcap Fund Equity Very High 14.4 4 4,138
ICICI Pru Technology Fund Equity Very High -17.3 - 8,711
ICICI Pru India Opportunities Fund Equity Very High 17.3 - 5,772
ICICI Pru P.H.D Fund Equity Very High -11.2 - 2,464
ICICI Pru MNC Fund Equity Very High 7.8 - 1,350
ICICI Pru Thematic Advantage Fund Other Very High 5.9 - 749
ICICI Pru Infrastructure Fund Equity Very High 21.1 4 2,116
ICICI Pru MidCap Fund Equity Very High 8.5 3 3,557
ICICI Pru Value Discovery Fund Equity Very High 12 4 25,576
ICICI Pru Large & Mid Cap Fund Equity Very High 13.5 3 5,642
ICICI Pru Manufacturing Fund Equity Very High 8.6 - 639
ICICI Pru Dividend Yield Equity Fund Equity Very High 13.1 - 1,071
ICICI Pru Focused Equity Fund Equity Very High 7.1 4 3,656
ICICI Pru Retirement Fund Solution Oriented Very High 16.9 4 188
ICICI Pru Equity & Debt Fund Hybrid Very High 13.7 5 20,359
ICICI Pru Multi-Asset Fund Hybrid Very High 17.6 4 14,226
ICICI Pru Bharat Consumption Fund Equity Very High 15.4 3 1,763
ICICI Pru Long Term Wealth Enhancement Fund Equity Very High 15.9 - 36
ICICI Pru Exports and Services Fund Equity Very High 5.3 - 1,028
ICICI Pru Nifty Next 50 Index Fund Other Very High 6 2 2,528
ICICI Pru Long Term Equity Fund Equity Very High 2.9 3 10,146
ICICI Pru Multicap Fund Equity Very High 5.7 - 6,875
ICICI Pru Bluechip Fund Equity Very High 6.4 5 33,739
ICICI Pru Capital Protection Orient. XI-A DirGrowth Hybrid Moderately Low 3.4 - 36
ICICI Pru FMP – Sr.84-1287Days Debt Moderate 3.3 - 26
ICICI Pru FMP – Sr.85-1140Days Debt Moderate 3.3 - 95
ICICI Pru FMP – Sr.85-1143Days Debt Moderate 3.3 - 76
ICICI Pru FMP – Sr.84-1204Days Debt Moderate 3.3 - 31
ICICI Pru FMP – Sr.85-1156Days Debt Moderate 3.3 - 95
ICICI Pru FMP – Sr.84-1272Days Debt Moderate 3.3 - 193
ICICI Pru FMP – Sr.85-1197Days Debt Moderate 3.3 - 57
ICICI Pru FMP – Sr.84-1279Days Debt Moderate 3.3 - 662
ICICI Pru Capital Protection Orient. XIV-A Dir Growth Hybrid Moderately Low 3.3 - 524
ICICI Pru FMP – Sr.84-1288Days Debt Moderate 3.3 - 222
ICICI Pru FMP – Sr.84-1247Days Debt Moderate 3.3 - 49
ICICI Pru FMP – Sr.85-1168Days Debt Moderate 3.3 - 85
ICICI Pru FMP – Sr.85-1175Days Debt Moderate 3.3 - 78
ICICI Pru FMP – Sr.85-1185Days Debt Moderate 3.3 - 54
ICICI Pru FMP – Sr.84-1235Days Debt Moderate 3.3 - 30
ICICI Pru FMP – Sr.84-1254Days Debt Moderate 3.3 - 42
ICICI Pru Nifty 50 Index Fund Other Very High 3.1 3 3,540
ICICI Pru FMCG Fund Equity Very High 17.1 - 895
ICICI Pru S&P BSE Sensex Index Fund Other Very High 3 3 636
ICICI Pru Passive Strategy Fund Other Very High 2 3 87
ICICI Pru BHARAT 22 FOF – Direct Growth Other Very High 26.2 1 57
ICICI Pru Retirement Fund Solution Oriented Very High 5.9 4 155
ICICI Pru Child Care Fund Solution Oriented Very High 5.6 3 879
ICICI Pru Asset Allocator Fund Other Moderately High 6.9 4 17,341
ICICI Pru FMP – Sr.84-1247Days Debt Moderate 11.1 - 52
ICICI Pru FMP – Sr.84-1245Days Debt Moderate 11.1 - 394
ICICI Pru FMP – Sr.84-1224Days Debt Moderate 11.1 - 55
ICICI Pru FMP – Sr.85-1129Days Debt Moderate 11.1 - 260
ICICI Pru FMP – Sr.85-1127Days Debt Moderate 11.1 - 111
ICICI Pru FMP – Sr.84-1293Days Debt Moderate 11.1 - 236
ICICI Pru FMP – Sr.84-1275Days Debt Moderate 11.1 - 95
ICICI Pru FMP – Sr.84-1188Days Debt Moderate 11.1 - 272
ICICI Pru FMP – Sr.84-1286Days Debt Moderate 11.1 - 59
ICICI Pru FMP – Sr.84-1288Days Debt Moderate 11.1 - 53
ICICI Pru FMP – Sr.85-1178Days Debt Moderate 11.1 - 74
ICICI Pru FMP – Sr.83-1412Days Debt Moderate 11.1 - 603
ICICI Pru FMP – Sr.83-1392Days Debt Moderate 11.1 - 110
ICICI Pru FMP – Sr.83-1406Days Debt Moderate 11.1 - 723
ICICI Pru Balanced Advantage Fund Hybrid High 8.8 4 42,930
ICICI Pru Bharat Consumption Fund Equity Very High 13.5 - 623
ICICI Pru US Bluechip Equity Fund Equity Very High -4.8 - 2,025
ICICI Pru Banking & Financial Services – DirectGrowth Equity Very High 5.1 3 5,495
ICICI Pru Regular Savings Fund Hybrid Moderately High 6.4 5 3,310
ICICI Pru Income Optimizer Fund Other Moderate 5.8 4 270
ICICI Pru Retirement Fund Solution Oriented Moderately High 3.4 4 67
ICICI Pru Regular Gold Savings Fund Other High 5 3 695
ICICI Pru Equity Savings Fund Hybrid Moderately Low 6.2 3 5,146
ICICI Pru Global Stable Equity Fund Other Very High -2.2 - 102
ICICI Pru Credit Risk Fund Debt Moderately High 5.3 4 8,014
ICICI Pru All Seasons Bond Fund Debt Moderate 4.2 5 5,816
ICICI Pru Medium Term Bond Fund Debt Moderately High 4.2 5 6,341
ICICI Pru Short Term Fund Debt Moderate 4.4 4 15,615
ICICI Pru Gilt Fund Debt Moderate 3 4 2,394
ICICI Pru Retirement Fund Solution Oriented Moderate 3.2 4 206
ICICI Pru FMP – Sr.83-1735Days Debt Moderate 3.4 - 32
ICICI Pru Corporate Bond Fund Debt Moderately Low 3.9 4 15,495
ICICI Pru Floating Interest Fund Debt Moderately Low 3.5 - 11,680
ICICI Pru Bond Fund Debt Moderate 2.5 4 2,445
ICICI Pru Banking & PSU Debt Fund Debt Moderately Low 4 4 8,185
ICICI Pru FMP – Sr.85 Debt Moderate 2.5 - 369
ICICI Pru FMP – Series 74 – 9 Years Plan U-DirGrowth Debt Moderately Low 3.3 - 38
ICICI Pru Debt Management Fund Other Moderate 3.1 4 150
ICICI Pru Constant Maturity Gilt Fund Debt Moderate 0.3 - 331
ICICI Pru Savings Fund Debt Moderately Low 3.5 2 23,244
ICICI Pru Ultra Short Term Fund Debt Moderate 4.3 5 14,807
ICICI Pru Long Term Bond Fund Debt Moderate 0.8 - 598
ICICI Pru Money Market Fund Debt Moderate 4 3 12,213
ICICI Pru Equity – Arbitrage Fund Hybrid Low 4.1 3 11,506
ICICI Pru Liquid Fund Debt Moderate 4 3 45,873
ICICI Pru Overnight Fund Debt Low 3.8 3 13,007
ICICI Pru Nifty 100 Low Volatility 30 ETF FOF – Direct Growth Other Very High -0.7 - 1,588
ICICI Pru S&P BSE 500 ETF FOF – Direct Growth Other Very High - - 26
ICICI Pru Housing Opportunities Fund Equity Very High - - 3,066
ICICI Pru FMP – Sr.87-1141Days Debt Moderate 3.1 - 191
ICICI Pru Nifty Midcap 150 Index Fund Other Very High - - 71
ICICI Pru PSU Equity Fund Equity Very High - - -
ICICI Pru Passive Multi-Asset Fund Other High - - 890
ICICI Pru Flexicap Fund Equity Very High 12.1 - 12,275
ICICI Pru Global Advantage Fund Other Very High -18 - 212
ICICI Pru Commodities Fund Equity Very High 5.9 - 772
ICICI Pru FMP – Sr.88-226Days Debt Moderately Low - - 25
ICICI Pru Strategic Metal and Energy Equity Fund Other Very High - - 74
ICICI Pru Nifty 200 Momentum 30 Index Fund Other Very High - - 10
ICICI Pru ESG Fund Equity Very High -4.1 - 1,416
ICICI Pru Silver ETF Fund Other Very High - - 262
ICICI Pru Quant Fund Equity Very High 1.1 - 65
ICICI Pru Nifty IT Index Fund Other Very High - - 14
ICICI Pru Nifty Alpha Low – Volatility 30 ETF FOF – Direct Growth Other Very High - - 125
ICICI Pru Nifty Bank Index Fund Other Very High - - 66
ICICI Pru Business Cycle Fund Equity Very High 12 - 5,095
ICICI Pru Nifty PSU Bond Plus SDL Sep 2027 40:60 IF-Dir Growth Other Moderate - - 5,642
ICICI Pru FMP – Sr.87-1214Days Debt Moderate 3.4 - 24
ICICI Pru NASDAQ 100 Index Fund Other Very High - - 300
ICICI Pru FMP – Sr.87-1174Days Debt Moderate 3.5 - 47
ICICI Pru Nifty Smallcap 250 Index Fund Other Very High - - 58
ICICI Pru Nifty SDL Sep 2027 Index Fund Other Moderate - - 869
ICICI Pru India Equity FOF – Direct Growth Other Very High 9.1 - 59

ICICI Prudential AMC is a joint venture of ICICI Bank, one of India’s largest private sector banks, and Prudential Plc., one of the largest financial services companies in the United Kingdom. ICICI Bank has consolidated net assets worth INR 14.76 trillion and boasts of a network of 5,228 branches and 15,158 ATMs all over India (as of 30th September 2020). Prudential Plc. is an Asia-centric financial services company focusing on structural growth markets. The firm has over 20 million customers and is listed on Hong Kong, London, New York, and Singapore stock exchanges.

Besides offering mutual fund schemes to investors, ICICI Prudential AMC offers Portfolio Management Services and Equity Alternative Investment Funds for big financial institutions, banks, and retail investors. The company also offers International Advisory Mandates for offshore markets in equity, debt, and real estate.

ICICI Prudential AMC has witnessed a massive jump in its scale of operations. From just six employees at two locations in 1998 to 1,855 employees at more than 350 locations, the company has become a force to reckon with in the Indian mutual funds’ sphere.

ICICI Prudential AMC is headed by Mr Puranam Hayagreeva Ravikumar, Chairman and Independent Director, Mr Nimesh Shah, Managing Director and Chief Executive Officer, and Mr Sankaran Naren, Executive Director and Chief Information Officer. In the financial year 2020-21, the AMC won the coveted title of the ‘Best Fund House’ at Morningstar Awards 2021. It also received awards at Refinitiv Lipper Fund Award 2020 and Buzzin Content Awards. ICICI Prudential AMC’s Profit After Tax (PAT) for 2020-21 was INR 1,715 thousand, against INR 967 thousand in 2019-20. Its basic and diluted Earnings Per equity Share (EPS) grew to 17.04 from 9.61.

ICICI Prudential Asset Management Company Limited – Key Information

Mutual Fund Name ICICI Prudential Mutual Fund
Assets Managed INR. 465468.16 crore (Jun-30-2022)
Founded on 13th October 1993
Sponsor Name Prudential Plc and ICICI Bank Ltd.
Trustee Company ICICI Prudential Trust Ltd.
Chairman and Independent Director Mr Puranam Hayagreeva Ravikumar
Managing Director and Chief Executive Officer Mr Nimesh Shah
Name of Chief Financial Officer Mr B Ramaakrishna
Executive Director and Chief Information Officer Mr Sankaran Naren
Board of Directors Mr Puranam Hayagreeva Ravikumar

Mr Jyotin Mehta

Mr Ranganayakulu Jagarlamudi

Mr Lakshman Kumar Mylavarapu

Mr Pramod Rao

Mr Antony Jacob

Mr Anup Bagchi

Mr Dilip G. Karnik

Mr Naved Masood

Mr Nimesh Shah

Mr S Naren

Mr Sandeep Batra

Mr Seck Wai Kwong

Mr Ved Prakash Chaturvedi

Ms Preeti Reddy

Registered Office 12th Floor, Narain Manzil, 23, Barakhamba Road, New Delhi – 110 001. CIN: U74899DL1993PLC054134
Corporate Office One BKC 13th Floor,
Bandra Kurla Complex,
Mumbai – 400051.
Contact Information Tel: +91 22 2652 5000,
Fax: +91 22 26528100,
website: www.icicipruamc.com,
Registrar and Transfer Agent 3i Infotech Limited International Infotech Park,
Tower 5,
3rd Floor,
Vashi Railway Station Complex,
Vashi,
Navi Mumbai 400 703.
Statutory Auditors M/s. BSR & Co. LLP, Chartered Accountants (Registration no. 101248W/W-100022)

ICICI Prudential Asset Management Company Limited – Top Fund Managers

Mr Jitendra Arora

Jitendra Arora, PGDM, BMS, joined ICICI Prudential AMC in April 2007 as Vice President. In April 2011, he was promoted to Senior Vice President. Since 2015, he has been working as an Executive Vice President and Fund Manager. He has managed AUM worth US$ 10 billion. Mr Arora’s specialities include treasury management, investment management, product development, financial risk management, actuarial, and fund management. Mr Arora manages some of the best-performing equity funds at ICICI Prudential MF.

Mr Gautam Sinha Roy

Mr Gautam Sinha Roy, MBA (Finance, Strategy), B.Eng. Chemical Engineering, CFA Level III, joined ICICI Prudential MF in June 2019 and is the Senior Vice President (Equity). He has experience of over eighteen years and manages an equity AUM of over US$ 2.5 billion. Before joining ICICI Prudential MF, he worked for Motilal Oswal Mutual Fund, Motilal Oswal Securities Ltd, IIFL Capital Pte. Ltd., Mirae Asset Global Investments (India) Pvt. Ltd., Edelweiss capital, and General Electric.

Mr Prateek Pareek

Mr Prateek Pareek is a Chartered Accountant and Company Secretary. He works as the Chief Manager and Fund Manager at ICICI Prudential MF. He joined the company in December 2017. Prior to this, he worked with Anand Rathi Securities as an Equity Research Analyst, EY as an Associate, and PwC as an Associate. He has over twelve (12) years of experience in the Indian equity markets.

Ms Vidya Iyer

Ms Vidya Iyer, MBA, joined ICICI Prudential MF as Senior Fund Manager in April 2009. Her current designation is Vice President and Fund Manager, ICICI Prudential Asset Management Company Limited. Before joining the company, she served J.P. Morgan as an Associate. Ms Iyer’s experience spans over thirteen (13) years in fund management and credit. She also holds a certificate in Financial Risk Management from the Global Association of Risk Professionals.

Mr Dharmesh Kakkad

Mr Kakkad is a B.com., CA and CFA. He has been with ICICI Prudential Asset Management Company Limited since June 2010. Before joining the Dealing function, he worked in the Operations Department of ICICI Prudential AMC. In his 9 years as a fund manager, he has managed 9 funds.

Mr Sankaran Naren

Mr Sankaran is in charge of the investment function for the Mutual Fund and International Advisory Business. He graduated from IIT Madras and IIM Kolkata and has worked in the financial services industry in a variety of capacities. In his twelve years as a fund manager, he has managed 29 funds. 

Mr Manish Banthia

Mr Manish has worked in the capital markets for over 16 years and has managed 24 funds. His primary areas of expertise are portfolio management, rate trading, and credit research. He is a Chartered Accountant with a Master’s degree in Business Administration from the Indian Institute of Foreign Trade (IIFT) in Delhi.

How Can You Invest in ICICI Prudential Mutual Fund?

If you want to invest in ICICI Prudential Mutual Fund, the process is extremely simple on the 5Paisa platform. 5Paisa is one of the country’s largest investing platforms, and you can easily add ICICI Prudential Mutual Fund and other mutual funds to your portfolio. The steps to invest in ICICI Prudential Mutual Fund online is as follows:

Step 1: Log in to your 5Paisa Account. If you do not have one, click the link to register and create a new 5Paisa account in 3 easy steps. Alternatively, you can download the 5Paisa app on your smartphone for Android or IOS and log in from your device. 

Step 2: Search for the ICICI Prudential Mutual FundMutual Fund scheme that you want to invest in

Step 3: Select the option that is apt for your requirement and risk appetite

Step 4: Select the investment type – SIP (Systematic Investment Plan) or Lumpsum 

Step 5: Input the amount that you’d like to invest and proceed with payment by clicking on the ‘Invest Now’ button

That’s it! This sums up the investment process. Once your payment is successful, you can see the ICICI Prudential Mutual FundMutual Fund reflected in your 5Paisa account in 3-4 working days. If you have selected the SIP option, the chosen amount will get deducted every month starting from the date you have made the payment. 

ICICI Prudential Mutual Fund Performance and Minimum Investment

Here is a quick look at the top 10 ICICI Prudential Mutual Fundmutual fund investment options that have provided high returns to investors:

ICICI Pru Technology Fund – Direct-Growth

The fund’s investment in domestic equities is 89.01%with 74.35% Cap stocks, 5.66 % in Mid Cap stocks, and 6.41 % in Small Cap stocks. Suitable For: Investors with advanced knowledge of macro trends prefer to place selective bets for higher returns.

Category: Sectoral/Thematic

Scheme Type: Open-ended

NAV 148.21as as on 04th August 2022

Monthly Avg AUM: INR 8,537.54 Crores 

Month-end AUM: INR 8,508.13 Crores

Inception Date 01st January 2013, 

Fund Manager: Atul Patel (w.e.f. since July 2013)Mr. Vaibhav Dusadi (w.e.f. May 2020)

Min. Investment INR 5,000

Min. Additional Investment INR1,000

Min. SIP Investment INR100

1-year Annualized Returns 3-year Annualized Returns 5-year Annualized Returns
-1.75% 43.09% 34.36%

ICICI Pru Smallcap Fund – Direct-Growth

If you invest for at least seven years, you can expect returns that comfortably outperform the inflation rate. When stock prices fall, small-cap funds tend to lose more. Gains of up to INR 1 lakh in a fiscal year are exempt from tax, with the remaining 10% taxed at a rate of 10%.

Category: Small Cap Fund

Scheme Type: Open-ended

NAV: INR 57.02 as on 04th August 2022

Monthly Avg AUM: INR 2,357.87 Crores

Month-end AUM: INR 3,054.87 Crores

Inception Date:01-Jan-2013

Fund Manager: Siddharth Srivastava since Nov 2021

Benchmark: NIFTY Smallcap 250 TRI

Minimum Investment (Rs.) 5,000.00

Minimum Additional Investment (Rs.) 1,000.00

Minimum SIP Investment (Rs.) 100.00

1Y 3Y 5Y
11.37 32.58 16.16

 

ICICI Pru P.H.D Fund – Direct-Growth

We believe investors should steer clear of funds with a narrowly defined investment mandate. Instead, they should invest in Flexi-cap funds, which give the fund management team complete control. If you do decide to invest, you must do so through a SIP.

Category: Sectoral-Pharma

Scheme Type: Open-ended

NAV: INR 20.26 as of (04th August 2022)

Monthly Avg AUM: INR 2,329.41 Crores

Month-end AUM: INR 2,417 Crores

Inception Date: 13th July 2018.

Fund Manager: Dharmesh Kakkad since May 2020

Benchmark: S&P BSE Healthcare TR

Min. Investment: INR5,000

Min. Additional Investment: INR1,000

Min. SIP Investment: INR 100

Annualized Returns:

1Y 3Y 5Y
-7.95 27.65 6.63

ICICI Pru MNC Fund – Direct-Growth

Investors with in-depth knowledge of macro trends and a preference for placing specific bets to achieve higher returns than other equity funds. These investors should also be prepared for the possibility of experiencing moderate to significant losses on their investments even though the market as a whole is doing better. Gains up to Rs 1 lakh in a fiscal year are tax-free if mutual fund units are sold after one year. Gains over Rs 1 lakh are taxed at a rate of 10%. There is no tax to pay as long as you keep the units.

Equity: Thematic-MNC                                                                                           

Scheme Type: Equity

NAV: INR 19.86 as on 4/8/2022

AUM: INR₹ 1,195 Cr (As on 30-Jun-2022) Crores

Month-end AUM: INR ₹ 1,195 Cr(As on 30-Jun-2022)

Inception Date: 17th June 2019

Fund Manager: Anish Tawakley since May 2019 and Vaibhav Dusad since Jul 2020

Benchmark: NIFTY MNC Total Return Index

Min. Investment: INR 5,000

Min. Addl Investment:  INR 1,000

Min. SIP Investment: INR100

Annualized Returns

1Y 3Y 5Y
-7.95 27.65 6.63

 

ICICI Pru India Opportunities Fund – Direct-Growth

Investors, in our opinion, should steer clear of funds with a restricted investment focus. Instead, they ought to put money into  -cap funds, which give the fund management team total discretion. If you need to redeem your investment in less than five years, stay away from this fund.

Category:Equity: Thematic

Scheme Type: Open-ended

NAV: INR 19.64 as on 04/08/2022

Monthly Avg AUM: INR 160.55 Crores

Month-end AUM: INR 105.99 ₹ 4,781 Cr(As on 30-Jun-2022)

Inception Date: 15-Jan-2019

Fund Manager: Roshan Chutkey and Shankaran Naren both, from 26th December 2018

Benchmark: NIFTY 500 TRI

SIP (Minimum Amount): INR 100/- (Minimum 6 instalments)

SIP Frequency: Monthly INR 5000

Min. Investment: INR 5,000

Min. Addl Investment: INR1,000

Min. SIP Investment: INR  100

Annualized Returns:

6M 1Y 3Y
3.53 21.23 26.08

ICICI Pru Thematic Advantage Fund (FOF)-Dir Growth

Investors should avoid funds with a very specific investment focus. They should instead put their money into Flexi-cap funds, which gives the fund management team total discretion. If you must redeem your investment in less than five years, do not invest in this fund.

Category:Equity: Thematic

Scheme Type: Open-ended

NAV: INR 133.336 as on 04/08/2022

Monthly Avg AUM: INR 594.82 Crores

Month-end AUM: INR 611 Cr(As on 30-Jun-2022)

Inception Date: 01-Jan-2013

Fund Manager: Dharmesh Kakkad 28th May 2018 and Shankarn Naren 05th September 2018

Benchmark: NIFTY 200 Total Return Index

SIP (Minimum Amount): INR 1000/-

SIP Frequency: Monthly INR 500

Minimum Investment Amount: INR 5000/-

Annualized Returns

1Y 3Y 5Y
8.09 25.10 13.79

ICICI Pru Value Discovery Fund – Direct-Growth

This fund employs investing style which looks for stocks that are markedly undervalued relative to what the management team of the fund thinks they are really worth. If you need to redeem your investment in less than five years, stay away from this fund. 

Category: Equity: Value Oriented

Scheme Type: open-ended

NAV: INR 278.71 as on 05/08/2022

Monthly Avg AUM: INR 22,956.26 Crores

Month-end AUM: INR  23,053 Cr (As on 30-Jun-2022)

Inception Date: 01st January 2013,

Fund Manager: Mr Dharmesh Kakkadi (w.e.f. 21st Jan 2021)

Benchmark: NIFTY 500 TRI

SIP (Minimum Amount): INR 1000/-

SIP Frequency: Monthly INR 500/-

Minimum Investment Amount: INR 100/- and any amount after that

Annualized Returns

1Y 3Y 5Y
15.18 24.57 14.10

ICICI Pru MidCap Fund – Direct-Growth

This particular fund makes investments in mid-sized businesses. When stock prices decline, these funds frequently decline more. Gains up to INR 1 lakh are tax-free within a fiscal year. Investors’ income is increased by dividends, which are then taxed in accordance with their individual tax brackets.

Category: Equity Mid Cap

Scheme Type: Debt: Open-ended

NAV: INR 176.65 as on 05/08/2022

Monthly Avg AUM: INR 3,079.95 Crores

Month-end AUM: INR 3,091 Cr (As on 30-Jun-2022)

Inception Date: NIFTY Midcap 150 TRI

Fund Manager: Mr Prakash Gaurav Goel  (w.e.f. 02nd May 2020)

Benchmark: NIFTY Midcap 150 Total Return Index

SIP (Minimum Amount): INR 5000/-

SIP Frequency: Monthly

Minimum Investment Amount: INR 100/- and any amount after that INR 1000

Annualized Returns

1Y 3Y 5Y
6.22 24.08 13.06

ICICI Pru Manufacturing Fund – Direct-Growth

This fund primarily invests in businesses that follow the stringent investment guidelines outlined in its investment objective. If you need to redeem your investment in less than five years, don’t invest in this or any other thematic fund.

Gains up to INR 1 lakh are tax-free within a fiscal year. Investors’ income is increased by dividends and taxed by their individual tax brackets. The fund house withholds a TDS of 10% before distributing the dividend if an investor’s dividend income exceeds INR 5,000 in a fiscal year.

Category: Equity: Thematic

Scheme Type: Open-ended

NAV: INR 18.33 as on 05/08/2022

Monthly Avg AUM: INR 572.31 Crores

Month-end AUM: INR 572.31 Crores

Inception Date: 11-Oct-2018

Fund Manager: Anish Tawakley Since Sep 2018 & Lalit Kumar Since Jan 2021

Benchmark: S&P BSE India Manufacturing TRI

Min. Investment: INR 5000

Min. Additional Investment: INR1,000

Min. SIP Investment: INR 100

Annualized Returns

1Y 3Y 5Y
10.02 23.52

ICICI Pru Infrastructure Fund – Direct-Growth

This fund primarily invests in the stock of businesses involved in infrastructure-related activities. Investors should steer clear of funds with such a restricted investment mandate. Instead, they ought to put money into Flexi-cap funds, which give the fund management team total discretion.

Equity: Sectoral-Infrastructure

Scheme Type: open-ended

NAV: INR 86.98 as on 05/08/2022

Monthly Avg AUM: INR 1,833.93 Crores

Month-end AUM: INR 1,826 Cr (As on 30-Jun-2022)

Inception Date: 01-Jan-2013

Fund Manager: Mr Ihab Dalwai (w.e.f. 05th June 2017)

Benchmark: S&P BSE India Infrastructure TRI

Min. Investment: INR 5,000

Min. Additional Investment: INR 1,000

Min. SIP Investment: INR 100

Annualized Returns

1Y 3Y 5Y
19.17 22.49 11.73

Frequently Asked Questions

To determine the appropriate amount to invest in any mutual fund, one must first understand the risk and investment duration and then select the amount most comfortable for them based on their financial goals.

The option determines the minimum amount for each ICICI Prudential Mutual Fund. However, the minimum amount for an ICICI Prudential Mutual Fund SIP is INR 100, while the maximum amount for a lump sum investment is INR 5000.

You can quickly increase your SIP at any time. Simply follow the steps outlined below to accomplish this. You will be notified about the revisions to your SIP once you have updated the details. Click for information on how to increase or revise the amount.

You can invest in ICICI  Prudential Mutual Fund and other investment options with 5Paisa for ZERO commission. The company’s advantages are professional management, a simple SIP or lump sum investment process, liquidity transparency, and the ability to choose from various options.

You do not need to open a DEMAT account to buy Mutual Funds. Using 5Paisa’s Apps – Invest App & 5paisa Mobile Trading App – makes it simple to invest in mutual funds. You download the 5paisa Invest App to open an MF account.

5Paisa’s Apps – Invest App & 5paisa Mobile Trading App – make it simple to invest in mutual funds. All you have to do is send a Cancel SIP request.

With an AUM of Rs 477,806 crores, ICICI Mutual Fund offers 283 schemes across different categories, including 38 equity, 40 debt, and 12 hybrid mutual funds.

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