Top 10 Icici Prudential Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
ICICI Prudential Regular Savings FundHybridModerately High8.2%5star1,640
ICICI Prudential Balanced Advantage FundHybridModerate4.9%5star27,469
ICICI Prudential Equity & Debt FundHybridModerately High-0.3%5star23,288
ICICI Prudential Equity Savings FundHybridModerately High7.1%4star1,530
ICICI Prudential Equity Arbitrage FundHybridModerate7.2%4star12,243
ICICI Prudential Multi-Asset FundHybridModerately High0.9%3star10,942
View All Top 10 Icici Prudential Mutual Funds

Best ICICI Prudential Hybrid 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).

If we allocate 65 to 80 percent of a fund to equity and assign remaining to debt and similar instruments, then what we get in return is a Hybrid-Equity fund. These funds allow you to enjoy good returns and low-risk rates courtesy their significant allocation in debt funds. Market gurus believe that it is better to invest in these than to go for an equity-debt portfolio as there is no tax imposed on the debt funds in the mix. It has returns that are taxed at 15% if sold before one year, post this period a 10% tax is applicable on the gains.

Purpose: Invest in these funds instead of buying a different kind of equity-debt funds with 60-40 allocations. These funds are best to moderate your risk with a fair return in the high-risk portfolio.

Let's have a closer look

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

ICICI Prudential Regular Savings Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Conservative segment and provided 8.76% annualized returns in the last 3 years. In the last 1 year, it gave 8.15% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 8.15% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹100. This is one of the best Hybrid mutual fund in India.

Launch Date02 Jan 2013
Min Investment Amt5,000
AUM1,640Cr
1Y Returns8.2%

ICICI Prudential Balanced Advantage Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Balanced Advantage segment and provided 8.42% annualized returns in the last 3 years. In the last 1 year, it gave 4.9% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.9% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹500. Minimum SIP investment amount for this scheme is ₹100. This is one of the best Hybrid mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt500
AUM27,469Cr
1Y Returns4.9%

ICICI Prudential Equity & Debt Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 8.79% annualized returns in the last 3 years. In the last 1 year, it gave -0.34% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -0.34% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹100. This is one of the best Hybrid mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt5,000
AUM23,288Cr
1Y Returns-0.3%

ICICI Prudential Equity Savings Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Equity Savings segment and provided 7.6% annualized returns in the last 3 years. In the last 1 year, it gave 7.09% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.09% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹100. This is one of the best Hybrid mutual fund in India.

Launch Date04 Dec 2014
Min Investment Amt5,000
AUM1,530Cr
1Y Returns7.1%

ICICI Prudential Equity Arbitrage Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Arbitrage segment and provided 6.75% annualized returns in the last 3 years. In the last 1 year, it gave 7.17% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.17% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Hybrid mutual fund in India.

Launch Date06 Jan 2013
Min Investment Amt5,000
AUM12,243Cr
1Y Returns7.2%

ICICI Prudential Multi Asset Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Multi Asset Allocation segment and provided 9.34% annualized returns in the last 3 years. In the last 1 year, it gave 0.9% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 0.9% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹100. This is one of the best Hybrid mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt5,000
AUM10,942Cr
1Y Returns0.9%

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What does investing in ICICI Prudential Hybrid 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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