Groww Logo
Home>Mutual Funds>Icici Prudential Mutual Funds>Best Icici Prudential Mutual Funds

Best ICICI Prudential Debt Mutual Funds

ICICI Prudential Mutual Funds began its operations in 1993 in a joint venture between the ICICI Bank and Prudential PLC from the UK. Currently, ICICI Prudential is one of the top 5 AMCs of this country, with a portfolio that amounts to Rs.405405.92 crore as of March 2021.

Currently, this AMC offers over 40 mutual fund schemes of various types, including the best ICICI Prudential debt mutual funds.

Top ICICI Prudential debt mutual funds focus on money market and debt instruments. These fund managers actively invest in bonds and securities by the government, corporate entities, and financial institutions. This is a more risk-averse investment option than stocks, equity funds, and equity-based hybrid funds. The classification of debt funds is premised on the underlying securities’ maturity periods or issuer. Hence, it includes overnight funds, liquid funds, dynamic bond funds, gilt funds, floater funds, etc.

Debt mutual funds have different sub-types, offering a variety of returns. For example, there are short, ultra-short, medium, and long-term funds, with the constituent debt instruments having varying maturity tenures. Also, corporate, gilt, banking and PSU funds involve investments in bonds by different kinds of issuers. For instance, gilt funds invest in government-issued securities. 

The advantages of debt funds are their low-cost structure, comparatively high liquidity, and stable returns. These are not as volatile and risk-prone compared to equity mutual funds. The downside to debt funds is that they usually offer less significant returns than their equity counterparts. 

Nevertheless, the exact scale of these returns and shortcomings vary, depending on the type of debt fund.

The best ICICI Prudential debt mutual funds 2021 feature more than 15 schemes, comprising various short and long-term options.

Why invest with Groww?

— Registered with SEBI, AMFI & BSE

— Paperless sign up on web & app

— Expert recommendations

— ZERO fees !

Sign Up

Top 10 Icici Prudential Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
ICICI Prudential Bluechip FundEquityVery High35.8%4₹31,082
ICICI Prudential Sensex Index FundOtherVery High30.0%3₹366
ICICI Prudential Equity & Debt FundHybridVery High48.3%4₹18,740
ICICI Prudential Nifty Next 50 Index FundOtherVery High35.2%2₹1,656
ICICI Prudential Balanced Advantage FundHybridHigh18.3%4₹36,816
ICICI Prudential Long Term Equity FundEquityVery High40.9%3₹10,116
ICICI Prudential Banking and Financial Services FundEquityVery High32.6%3₹5,242
ICICI Prudential Liquid FundDebtLow to Moderate3.3%4₹35,561
ICICI Prudential Technology FundEquityVery High83.5%5₹6,887
ICICI Prudential US Bluechip Equity FundEquityVery High20.9%2₹2,025
ICICI Prudential All Seasons Bond FundDebtModerate5.6%5₹6,544
ICICI Prudential Money Market FundDebtModerate3.8%4₹13,305
ICICI Prudential Value Discovery FundEquityVery High43.1%4₹22,558
ICICI Prudential Savings FundDebtLow to Moderate4.5%4₹31,730
ICICI Prudential Regular Savings FundHybridModerately High12.0%5₹3,384
View All Top 10 Icici Prudential Mutual Funds

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

ICICI Prudential Bluechip Fund Direct Growth

Fund Performance: The ICICI Prudential Bluechip Fund has given 17.66% annualized returns in the past three years and 16.89% in the last 5 years. The ICICI Prudential Bluechip Fund belongs to the Equity category of ICICI Prudential Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Bluechip Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹31,082Cr
1Y Returns35.8%

ICICI Prudential Sensex Index Fund Direct Growth

Fund Performance: The ICICI Prudential Sensex Index Fund has given 17.72% annualized returns in the past three years and null% in the last 5 years. The ICICI Prudential Sensex Index Fund belongs to the Other category of ICICI Prudential Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Sensex Index Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹366Cr
1Y Returns30.0%

ICICI Prudential Equity & Debt Fund Direct Growth

Fund Performance: The ICICI Prudential Equity & Debt Fund has given 19.84% annualized returns in the past three years and 16.55% in the last 5 years. The ICICI Prudential Equity & Debt Fund belongs to the Hybrid category of ICICI Prudential Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Equity & Debt Fund via lump sum is ₹5,000 and via SIP is ₹100.

Min Investment Amt₹5,000
AUM₹18,740Cr
1Y Returns48.3%

ICICI Prudential Nifty Next 50 Index Direct Growth

Fund Performance: The ICICI Prudential Nifty Next 50 Index Fund has given 15.37% annualized returns in the past three years and 14.82% in the last 5 years. The ICICI Prudential Nifty Next 50 Index Fund belongs to the Other category of ICICI Prudential Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Nifty Next 50 Index Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹1,656Cr
1Y Returns35.2%

ICICI Prudential Balanced Advantage Direct Growth

Fund Performance: The ICICI Prudential Balanced Advantage Fund has given 13.42% annualized returns in the past three years and 12.52% in the last 5 years. The ICICI Prudential Balanced Advantage Fund belongs to the Hybrid category of ICICI Prudential Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Balanced Advantage Fund via lump sum is ₹500 and via SIP is ₹100.

Min Investment Amt₹500
AUM₹36,816Cr
1Y Returns18.3%

ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth

Fund Performance: The ICICI Prudential Long Term Equity Fund has given 19.04% annualized returns in the past three years and 16.63% in the last 5 years. The ICICI Prudential Long Term Equity Fund belongs to the Equity category of ICICI Prudential Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Long Term Equity Fund via lump sum is ₹500 and via SIP is ₹500.

Min Investment Amt₹500
AUM₹10,116Cr
1Y Returns40.9%

ICICI Prudential Banking and Financial Services Direct Plan Growth

Fund Performance: The ICICI Prudential Banking and Financial Services Fund has given 13.1% annualized returns in the past three years and 15.21% in the last 5 years. The ICICI Prudential Banking and Financial Services Fund belongs to the Equity category of ICICI Prudential Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Banking and Financial Services Fund via lump sum is ₹5,000 and via SIP is ₹100.

Min Investment Amt₹5,000
AUM₹5,242Cr
1Y Returns32.6%

ICICI Prudential Liquid Fund Direct Plan Growth

Fund Performance: The ICICI Prudential Liquid Fund has given 4.9% annualized returns in the past three years and 5.74% in the last 5 years. The ICICI Prudential Liquid Fund belongs to the Debt category of ICICI Prudential Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Liquid Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹35,561Cr
1Y Returns3.3%

ICICI Prudential Technology Direct Plan Growth

Fund Performance: The ICICI Prudential Technology Fund has given 43.32% annualized returns in the past three years and 34.7% in the last 5 years. The ICICI Prudential Technology Fund belongs to the Equity category of ICICI Prudential Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Technology Fund via lump sum is ₹5,000 and via SIP is ₹100.

Min Investment Amt₹5,000
AUM₹6,887Cr
1Y Returns83.5%

ICICI Prudential US Bluechip Equity Direct Plan Growth

Fund Performance: The ICICI Prudential US Bluechip Equity Fund has given 20.85% annualized returns in the past three years and 18.83% in the last 5 years. The ICICI Prudential US Bluechip Equity Fund belongs to the Equity category of ICICI Prudential Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential US Bluechip Equity Fund via lump sum is ₹5,000 and via SIP is ₹100.

Min Investment Amt₹5,000
AUM₹2,025Cr
1Y Returns20.9%

ICICI Prudential All Seasons Bond Fund Direct Plan Growth

Fund Performance: The ICICI Prudential All Seasons Bond Fund has given 9.96% annualized returns in the past three years and 7.88% in the last 5 years. The ICICI Prudential All Seasons Bond Fund belongs to the Debt category of ICICI Prudential Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential All Seasons Bond Fund via lump sum is ₹5,000 and via SIP is ₹100.

Min Investment Amt₹5,000
AUM₹6,544Cr
1Y Returns5.6%

ICICI Prudential Money Market Direct Growth

Fund Performance: The ICICI Prudential Money Market Fund has given 6.18% annualized returns in the past three years and 6.58% in the last 5 years. The ICICI Prudential Money Market Fund belongs to the Debt category of ICICI Prudential Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Money Market Fund via lump sum is ₹500 and via SIP is ₹100.

Min Investment Amt₹500
AUM₹13,305Cr
1Y Returns3.8%

ICICI Prudential Value Discovery Direct Growth

Fund Performance: The ICICI Prudential Value Discovery Fund has given 20.11% annualized returns in the past three years and 15.55% in the last 5 years. The ICICI Prudential Value Discovery Fund belongs to the Equity category of ICICI Prudential Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Value Discovery Fund via lump sum is ₹1,000 and via SIP is ₹100.

Min Investment Amt₹1,000
AUM₹22,558Cr
1Y Returns43.1%

ICICI Prudential Savings Fund Direct Plan Growth

Fund Performance: The ICICI Prudential Savings Fund has given 7.35% annualized returns in the past three years and 7.2% in the last 5 years. The ICICI Prudential Savings Fund belongs to the Debt category of ICICI Prudential Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Savings Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹31,730Cr
1Y Returns4.5%

ICICI Prudential Regular Savings Fund Direct Growth

Fund Performance: The ICICI Prudential Regular Savings Fund has given 11.19% annualized returns in the past three years and 10.24% in the last 5 years. The ICICI Prudential Regular Savings Fund belongs to the Hybrid category of ICICI Prudential Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Regular Savings Fund via lump sum is ₹5,000 and via SIP is ₹100.

Min Investment Amt₹5,000
AUM₹3,384Cr
1Y Returns12.0%

Explore all Mutual Funds on Groww

Explore Mutual Funds
ⓒ 2016-2021 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 2.0.6
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES: ICICI PRUDENTIAL  | HDFC  | NIPPON INDIA  | ADITYA BIRLA SUN LIFE  | SBI  | UTI  | FRANKLIN TEMPLETON  | KOTAK MAHINDRA  | IDFC  | DSP  | AXIS  | TATA  | L&T  | SUNDARAM  | PGIM  | INVESCO  | LIC  | JM FINANCIAL  | BARODA PIONEER  | CANARA ROBECO  | HSBC  | IDBI  | INDIABULLS  | MOTILAL OSWAL  | BNP PARIBAS  | MIRAE ASSET  | PRINCIPAL  | BOI AXA  | UNION KBC  | TAURUS  | EDELWEISS  | NAVI  | MAHINDRA  | QUANTUM  | PPFAS  | IIFL  | Quant  | SHRIRAM  | SAHARA | ITI