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Best ICICI Prudential Mutual Funds to Invest In 2022

08 June 2022

Indian investors are fortunate enough as they have numerous companies that offer various mutual fund schemes to them and, ICICI Prudential is one of them. ICICI Prudential AMC is a partnership between ICICI Bank and Prudential Plc., which is a financial services company based in the United Kingdom. ICICI Prudential was founded in 1993 as a joint venture between ICICI Bank and Prudential Plc.

The Prudential Group is one of the oldest, largest, and most powerful insurance companies in the world and also one of India’s top two Asset Management Firms. It is one of the most established and successful mutual funds. The majority of their products are rated “AAAmfs“, indicating a high level of confidence and dependability. It is one of the most established and successful mutual funds.

In this blog, we have comprised a list of the most relevant ICICI Prudential Mutual Funds:

Best ICICI Mutual Funds 2022

S.No.

ICICI Mutual Funds

 

EQUITY FUNDS

1.

ICICI Prudential Value Discovery Direct-Growth

2.

ICICI Prudential Bluechip Fund Direct-Growth

 

DEBT FUNDS

1.

ICICI Prudential All-Seasons Bond Fund Direct-Plan-Growth

2.

ICICI Prudential Medium Term Bond Fund Direct-Plan-Growth

 

HYBRID FUNDS

1.

ICICI Prudential Regular Savings Fund Direct-Growth

2.

ICICI Prudential Equity & Debt Fund Direct-Growth

Factors to Consider Before Investing in the Best ICICI Prudential Mutual Funds 2022

1) Examine the Feedback

You should speak with experienced investors and receive their guidance to see if the past performance of the fund that you choose has been constant as well as reliable and if there are any negative experiences that people have had regarding the fund that you are opting for. It is very important to ensure your security and examine your confidence in the fund.

2) Qualifications of Your Fund Manager:

You should look into the fund manager’s past record of success as well as their investment strategy and style. The performance of any of the above mutual fund schemes is determined by the fund manager’s investment experience and technique. It is recommended to invest in a Mutual Fund only if you like the investing techniques and style of the fund manager.

3) Pricing Structure

As an investor, before investing in any of the above funds, you should consider the fund’s price, value creation, and then the percentage of returns it provides.

4) Commission & Service Charges

Several Asset Management Companies charge a flat fee for their services, while others charge a commission based on the fund’s returns. As a result, choosing a fixed fee over commission is preferred because you as the investor will know the outflow amount ahead of time so while considering investing in any of the above funds, please calculate its commission and charges beforehand.

5) Past Results & Achievements

Past performance is one of the most common selection criteria and serves as a confirmatory factor in the fund selection process. Past performance should only serve as a minor confirmatory factor but it still is one of the most crucial investment factors.

Performance Of the Best ICICI Prudential Mutual Funds 2022

  • EQUITY FUNDS

ICICI Prudential Value Discovery Direct-Growth

ICICI Prudential Value Discovery Direct-Growth is an Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund and is regarded as the most efficient ICICI Mutual Fund. The scheme seeks 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 BlueChip Fund Direct-Growth

ICICI Prudential BlueChip Fund Direct-Growth is an Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund which is also considered the Best ICICI Mutual Fund for SIP. The scheme seeks 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.

  • DEBT FUNDS

ICICI Prudential All-Seasons Bond Fund Direct-Plan-Growth

ICICI Prudential All-Seasons Bond Fund Direct-Plan-Growth is a Debt Mutual Fund Scheme

launched by ICICI Prudential Mutual Fund and is viewed as the best ICICI Mutual Fund 2022. The scheme seeks 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 Medium Term Bond Fund Direct-Plan-Growth

ICICI Prudential Medium Term Bond Fund Direct-Plan-Growth is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. The scheme seeks to generate income through investments in a range of debt and money market instruments of various maturities to maximise income while maintaining the optimum balance of yield, safety, and liquidity.

  • HYBRID FUNDS

ICICI Prudential Regular Savings Fund Direct-Growth

ICICI Prudential Regular Savings Fund Direct-Growth is a Hybrid Mutual Fund Scheme launched by ICICI Prudential Mutual Fund and is a top ICICI Mutual Fund. The scheme seeks to generate long-term capital appreciation by investments in the money market and debt instruments.

ICICI Prudential Equity & Debt Fund Direct-Growth

ICICI Prudential Equity & Debt Fund Direct-Growth is a Hybrid Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. The scheme seeks to generate long-term capital appreciation and current income by investing in a portfolio that is investing in equities and related securities as well as fixed income and money market securities.

Conclusion

This was the list of the Best ICICI Prudential Mutual Funds in India in 2022. Besides having a strong public image and offering a diverse range of investment options to suit the risk appetite of a wide range of investors, ICICI Prudential employs some of the best fund managers with years of experience and the expertise to generate positive returns for investors. ICICI Prudential Asset Management Company is backed by ICICI Bank, India’s largest private sector bank, and Prudential Plc., one of the biggest names in the financial services industry in the United Kingdom, making it a safe investment.

Disclaimer: The views expressed in this post are that of the author and not those of Groww.

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Research Analyst - Bavadharini KS

Disclaimer

The stocks mentioned in this article are not recommendations. Please conduct your own research and due diligence before investing. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. NBT do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.
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