Top 10 Icici Prudential Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
ICICI Prudential Bluechip Equity FundEquityModerately High4.0%5star22,117
ICICI Prudential Technology FundEquityHigh4.6%5star445
ICICI Prudential India Opportunities Fund - Direct PlanEquityHighN.A4star1,361
ICICI Prudential Exports and Other Services FundEquityHigh-0.1%4star764
ICICI Prudential Banking and Financial Services FundEquityHigh9.4%4star3,353
ICICI Prudential Multicap FundEquityModerately High4.7%4star4,002
ICICI Prudential Infrastructure FundEquityHigh8.3%3star1,278
ICICI Prudential Dividend Yield Equity FundEquityModerately High-3.9%3star184
ICICI Prudential Value Discovery FundEquityModerately High-0.6%3star16,185
ICICI Prudential Midcap FundEquityModerately High-2.4%3star1,755
ICICI Prudential Long Term Equity Fund (Tax Saving)EquityModerately High4.0%3star6,436
ICICI Prudential FMCG FundEquityHigh2.0%3star499
ICICI Prudential Pharma Healthcare and Diagnostics FundEquityHigh-1.8%3star1,394
ICICI Prudential US Bluechip Equity FundEquityHigh8.7%2star290
ICICI Prudential Focused Equity FundEquityModerately High0.6%2star667
View All Top 10 Icici Prudential Mutual Funds

Best ICICI Prudential Equity Mutual Funds

ICICI Prudential is one of the most popular mutual fund investment companies in India.

It is the largest asset management company (AMC) in the country (as per average assets under management as on 31 March 2018 of Rs. 305,739 Crores

ICICI Prudential AMC's plans to bridge the gap between savings & investments to help create long term wealth & value for investors through innovation, consistency & sustained risk adjusted performance. Invest in ICICI Prudential mutual fund schemes at your convenience and fulfill your long term & short term financial goals. Choose from an array of schemes according to your financial needs and investment objectives. Invest today a lump sum amount or start a systematic investment plan (SIP).

Equity Savings Fund typically invests the total capital in three segments- pure equity, arbitrage and debt funds. Generally, one-third of the total capital in pure equity, one-third in debt funds and the balance in arbitrage funds. However, the composition varies from fund to fund. The equity component can vary from 20-40% approx and depends on the type of mutual fund.

These funds outperform debt funds over taxation and treated as equity funds for taxation. If sold before a year, short term capital gains are taxed at 15% and if sold after a year, no tax is levied on the gains.

Purpose: Invest here for your longer duration to get higher returns than debt 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: This fund has consistently beaten its benchmark in Large Cap segment and provided 10.82% annualized returns in the last 3 years. In the last 1 year, it gave 3.97% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 3.97% returns in the last 1 year. Groww rated this fund as 5 Star. This is one of the best Equity mutual fund in India.

Fund Manager: S Naren, Rajat Chandak

Launch Date31 Dec 2012
Min Investment Amt100
Groww Rating5star
AUM22,117Cr
1Y Returns4.0%

ICICI Prudential Technology Direct Plan-Growth

Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided 14.99% annualized returns in the last 3 years. In the last 1 year, it gave 4.63% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.63% returns in the last 1 year. Groww rated this fund as 5 Star. This is one of the best Equity mutual fund in India.

Fund Manager: S Naren, Ashwin Jain

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating5star
AUM445Cr
1Y Returns4.6%

ICICI Prudential India Opportunities Fund Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Equity: Thematic segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave -100% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -100% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Roshan Chutkey

Launch Date08 Jan 2018
Min Investment Amt5,000
Groww Rating4star
AUM1,361Cr
1Y Returns-100.0%

ICICI Prudential Exports and Services Fund Direct-Growth

Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided 6.87% annualized returns in the last 3 years. In the last 1 year, it gave -0.12% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -0.12% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.

Fund Manager: S Naren, Ashwin Jain

Launch Date06 Jan 2013
Min Investment Amt5,000
Groww Rating4star
AUM764Cr
1Y Returns-0.1%

ICICI Prudential Banking and Financial Services Direct Plan-Growth

Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided 15.94% annualized returns in the last 3 years. In the last 1 year, it gave 9.36% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 9.36% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Roshan Chutkey

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating4star
AUM3,353Cr
1Y Returns9.4%

ICICI Prudential Multicap Fund Direct Plan-Growth

Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 10.42% annualized returns in the last 3 years. In the last 1 year, it gave 4.74% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.74% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Atul Patel, George Heber Joseph

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating4star
AUM4,002Cr
1Y Returns4.7%

ICICI Prudential Infrastructure Direct-Growth

Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided 7.7% annualized returns in the last 3 years. In the last 1 year, it gave 8.27% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 8.27% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: S Naren, Ihab Dalwai

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM1,278Cr
1Y Returns8.3%

ICICI Prudential Dividend Yield Equity Fund Direct-Growth

Fund Performance: This fund has consistently beaten its benchmark in Dividend Yield segment and provided 7.5% annualized returns in the last 3 years. In the last 1 year, it gave -3.94% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -3.94% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Mrinal Singh, Mittul Kalawadia

Launch Date15 May 2014
Min Investment Amt5,000
Groww Rating3star
AUM184Cr
1Y Returns-3.9%

ICICI Prudential Value Discovery Direct-Growth

Fund Performance: This fund has consistently beaten its benchmark in Value segment and provided 6.01% annualized returns in the last 3 years. In the last 1 year, it gave -0.59% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -0.59% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Mrinal Singh

Launch Date31 Dec 2012
Min Investment Amt1,000
Groww Rating3star
AUM16,185Cr
1Y Returns-0.6%

ICICI Prudential Midcap Direct Plan-Growth

Fund Performance: This fund has consistently beaten its benchmark in Mid Cap segment and provided 8.24% annualized returns in the last 3 years. In the last 1 year, it gave -2.38% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -2.38% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Mrinal Singh, Mittul Kalawadia

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM1,755Cr
1Y Returns-2.4%

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

Fund Performance: This fund has consistently beaten its benchmark in ELSS segment and provided 9.68% annualized returns in the last 3 years. In the last 1 year, it gave 4% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: George Heber Joseph

Launch Date31 Dec 2012
Min Investment Amt500
Groww Rating3star
AUM6,436Cr
1Y Returns4.0%

ICICI Prudential FMCG Direct-Growth

Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided 10.72% annualized returns in the last 3 years. In the last 1 year, it gave 1.97% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 1.97% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Atul Patel

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM499Cr
1Y Returns2.0%

ICICI Prudential Pharma Healthcare And Diagnostics (P.H.D) Fund Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave -1.81% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -1.81% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Ihab Dalwai, Priyanka Khandelwal

Launch Date14 Jun 2018
Min Investment Amt5,000
Groww Rating3star
AUM1,394Cr
1Y Returns-1.8%

ICICI Prudential US Bluechip Equity Direct Plan-Growth

Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided 13.64% annualized returns in the last 3 years. In the last 1 year, it gave 8.73% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 8.73% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Rohan Maru, Priyanka Khandelwal

Launch Date01 Jan 2013
Min Investment Amt5,000
Groww Rating2star
AUM290Cr
1Y Returns8.7%

ICICI Prudential Focused Equity Fund Direct-Growth

Fund Performance: This fund has consistently beaten its benchmark in Focused segment and provided 7.16% annualized returns in the last 3 years. In the last 1 year, it gave 0.64% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 0.64% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Mrinal Singh, Mittul Kalawadia

Launch Date09 Jan 2013
Min Investment Amt5,000
Groww Rating2star
AUM667Cr
1Y Returns0.6%

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What does investing in ICICI Prudential Equity Mutual Funds actually mean?

Suppose a mutual fund invests in ten stocks and total current market value of these stocks is 1.1 Crore. Out of this, the AMC deducts say, 0.1 Crore for operating the fund (this is known as the expense ratio). So the net value is 1 crore. Now the AMC will divide this 1 Crore into say, 10,000 parts. These parts are known as units. The cost of one unit is 1Cr/10,000 = Rs. 1000. This is known as the Net Asset Value (NAV) of the mutual fund. Suppose the AMC has set a minimum investment requirement of Rs. 500. Then if you pay Rs. 500, you will get 0.5 units of the fund. Remember that the cost of one unit is the cost when you made the purchase. Suppose after one year, the NAV has fallen to Rs. 700 per unit and you wish to exit the fund (also known as redemption), then you sell your 0.5 units back to the AMC and get 0.5 x Rs. 700 = Rs. 350 back. Yes, you invested Rs. 500 and got back Rs. 350 – a loss of 150 over a year. The point is, that you buy units at current NAV and sell units (fully or partially) at current NAV. This is what investing in mutual fund actually means.

How to invest in ICICI Mutual Funds on Groww?

One of the best ways to hedge against the small-cap volatility is to adopt a phased approach, also known as Systematic Investment Plan (SIP) approach. We are sure that you must be aware of SIP and its benefits. Buying in small quantity but buying regularly provides you with faster growth. On Groww.in, all transactions to and from AMC is done via BSE. When you decide to invest in a large cap mutual fund of your choice, you choose that mutual fund on the website and click ‘invest’. Following that, you are redirected to the BSE page where you make the payment. BSE then directs your money to the AMC managing your mutual fund. To be assured at your end, you can visit the individual AMC website after the payment. You would be able to see all your purchased units against your folio number.

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Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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