ICICI Prudential Mutual Fund

ICICI Prudential Mutual Fund Overview

ICICI Prudential Mutual Fund is among the most popular and trusted mutual fund houses in India. The company is a joint venture between one of India’s biggest banks in ICICI, and one of the biggest names in the UK financial services industry in Prudential PLC. The company offers a variety of mutual fund schemes to meet the requirements of a diverse investor base.

Types of Mutual Funds Offered by ICICI Prudential

The following are the different types of mutual funds offered by ICICI Prudential:

  • Equity funds
  • Hybrid funds
  • Debt funds
  • Solution-oriented funds
  • Others

Equity Funds Offered by ICICI Prudential

The following are the equity funds offered by ICICI Prudential:

  1. ICICI Prudential Bluechip Fund
    Fund Type Open-ended equity scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of a year from when they were allotted, 1% of the NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of a year from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Sankaran Naren and Rajat Chandak
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Bluechip Fund

    ICICI Prudential Bluechip Fund aims to generate capital growth over the long term and to offer income to investors via investment in a portfolio mainly consisting of equity and equity-related instruments of large cap companies.

    Who is ICICI Prudential Bluechip Fund for?

    The ICICI Prudential Bluechip Fund is suitable for those who want to create wealth in the long term by investing mainly in large cap stocks.

  2. ICICI Prudential Value Discovery Fund
    Fund Type Open-ended equity scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of a year from when they were allotted, 1% of the NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of a year from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Mrinal Singh
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Value Discovery Fund

    ICICI Prudential Value Discovery Fund aims to generate returns via a blend of capital appreciation and dividend income by making investments mainly in a diversified portfolio consisting of value stocks.

    Who is ICICI Prudential Value Discovery Fund for?

    The ICICI Prudential Value Discovery Fund is ideal for those who want to create wealth in the long term through a value investment strategy.

  3. ICICI Prudential Long Term Equity Fund (Tax Saving)
    Fund Type Open-ended equity linked savings scheme
    Entry Load N/A
    Exit Load Nil
    Benchmark
    Fund Manager George Heber Joseph
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Long Term Equity Fund (Tax Saving)

    ICICI Prudential Long Term Equity Fund aims to generate capital growth in the long term via investment mainly in equity and equity-related instruments of companies.

    Who is ICICI Prudential Long Term Equity Fund (Tax Saving) for?

    The ICICI Prudential Long Term Equity Fund is ideal for investors who want a solution for wealth creation in the long term while availing tax benefits under Section 80C of the Income Tax Act, 1961.

  4. ICICI Prudential Infrastructure Fund
    Fund Type Open-ended equity scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of a year from when they were allotted, 1% of the NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of a year from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Sankaran Naren and Ihab Dalwai
    Risk Factor High

    Investment Objective of ICICI Prudential Infrastructure Fund

    ICICI Prudential Infrastructure Fund aims to generate capital growth as well as to offer income to investors via investment mainly in equity and equity-related instruments of the companies that fall under the infrastructure theme.

    Who is ICICI Prudential Infrastructure Fund for?

    The ICICI Prudential Infrastructure Fund is ideal for investors who want to create wealth in the long term via investment in companies that belong to infrastructure and allied sectors.

  5. ICICI Prudential Multicap Fund
    Fund Type Open-ended equity scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of 18 months from when they were allotted, 1% of the NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of 18 months from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager George Heber Joseph and Atul Patel
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Multicap Fund

    ICICI Prudential Multicap Fund aims to generate capital growth via investment in equity and equity-related securities of small-cap, mid-cap, and large-cap stocks of different industries.

    Who is ICICI Prudential Multicap Fund for?

    The ICICI Prudential Multicap Fund is ideal for investors who want to create wealth in the long term via investments in diversified mid-cap companies.

  6. ICICI Prudential Technology Fund
    Fund Type Open-ended equity scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of a year from when they were allotted, 1% of the NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of a year from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Sankaran Naren and Ashwin Jain
    Risk Factor High

    Investment Objective of ICICI Prudential Technology Fund

    ICICI Prudential Technology Fund aims to generate capital growth in the long term via investment in a portfolio that consists of equity and equity-related instruments of technology and technology-dependent companies.

    Who is ICICI Prudential Technology Fund for?

    The ICICI Prudential Technology Fund is ideal for investors who want to create wealth in the long term via investment in equity and equity-related instruments of technology and technology-dependent companies.

  7. ICICI Prudential Large & Mid Cap Fund
    Fund Type Open-ended equity scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of a year from when they were allotted, 1% of the NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of a year from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Sankaran Naren and Prakash Gaurav Goel
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Large & Mid Cap Fund

    ICICI Prudential Large & Mid Cap Fund aims to generate capital growth over the long term via investment in a portfolio that comprises mainly equity and equity-related instruments of mid-cap and large-cap companies.

    Who is ICICI Prudential Large & Mid Cap Fund for?

    ICICI Prudential Large & Mid Cap Fund is suitable for those who want to create wealth in the long term via investment in mid cap as well as large cap stocks.

  8. ICICI Prudential US Bluechip Equity Fund
    Fund Type Open-ended equity scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of three months from when they were allotted, 3% of the NAV will be charged as exit load
    • For units that are switched-out or redeemed after the completion of three months but before the end of a year from when they were allotted, 1% of the NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of a year from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Priyanka Khandelwal for US Portion and Rohan Maru for India Debt Portion
    Risk Factor High

    Investment Objective of ICICI Prudential US Bluechip Equity Fund

    ICICI Prudential US Bluechip Equity Fund aims to generate capital growth in the long term via investment mainly in equity and equity-related instruments of companies that are listed on popular stock exchanges in the USA. Investments under the scheme are also done in American Depository System/Global Depository Systems (ADRs/GDRs) issued by both Indian as well as overseas companies.

    Who is ICICI Prudential US Bluechip Equity Fund for?

    ICICI Prudential US Bluechip Equity Fund is ideal for investors who want to create wealth in the long term via investment in equity and equity-related instruments of companies that are listed on American stock exchanges.

  9. ICICI Prudential Exports & Services Fund
    Fund Type Open-ended equity scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of a year from when they were allotted, 1% of the NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of a year from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Sankaran Naren and Ashwin Jain
    Risk Factor High

    Investment Objective of ICICI Prudential Exports & Services Fund

    ICICI Prudential Exports & Services Fund aims to generate capital growth as well as offer income to investors via investment mainly in equity and equity-related instruments of companies that fall under the Exports & Services sector.

    Who is ICICI Prudential Exports & Services Fund for?

    ICICI Prudential Exports & Services Fund is ideal for investors who want to create wealth in the long term via investment mainly in companies that belong to the Exports & Services sector.

  10. ICICI Prudential Midcap Fund
    Fund Type Open-ended equity scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the end of a year from when they were allotted, 1% of the NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of a year from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Mittul Kalawadia and Mrinal Singh
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Midcap Fund

    ICICI Prudential Midcap Fund aims to generate capital growth via active investment in a diversified portfolio of mid cap stocks.

    Who is ICICI Prudential Midcap Fund for?

    ICICI Prudential Midcap Fund is ideal for investors who want to create wealth in the long term via investment in the stocks of mid cap companies.

  11. ICICI Prudential Dividend Yield Equity Fund
    Fund Type Open-ended equity scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of a year from when they were allotted, 1% of the NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of a year from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Mrinal Singh and Mittul Kalawadia
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Dividend Yield Equity Fund

    ICICI Prudential Dividend Yield Equity Fund aims to offer capital gains between the medium and long term. It also aims at providing dividend distribution via investment mainly in a diversified portfolio that comprises equity and equity-related securities of companies that yield dividend.

    Who is ICICI Prudential Dividend Yield Equity Fund for?

    ICICI Prudential Dividend Yield Equity Fund is a good investment option for investors who want to create wealth in the long term via investment mainly in equity and equity-related securities of companies that yield dividend.

  12. ICICI Prudential FMCG Fund
    Fund Type Open-ended equity scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of a year from when they were allotted, 1% of the NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of a year from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Atul Patel
    Risk Factor High

    Investment Objective of ICICI Prudential FMCG Fund

    ICICI Prudential FMCG Fund aims to generate capital growth in the long term via investment mainly in equity and equity-related instruments that are part of the FMCG sector.

    Who is ICICI Prudential FMCG Fund for?

    ICICI Prudential FMCG Fund is suitable for those who want to create wealth in the long term via investment in companies that are part of the FMCG sector.

  13. ICICI Prudential Smallcap Fund
    Fund Type Open-ended equity scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of a year from when they were allotted, 1% of the NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of a year from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Sankaran Naren and Atul Patel
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Smallcap Fund

    ICICI Prudential Smallcap Fund aims to generate capital growth via investment mainly in equity and equity-related instruments of small cap companies.

    Who is ICICI Prudential Smallcap Fund for?

    ICICI Prudential Smallcap Fund is ideal for investors who want to create wealth in the long term via investment in equity and equity-related instruments of small cap companies.

  14. ICICI Prudential Focused Equity Fund
    Fund Type Open-ended equity scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of a year from when they were allotted, 1% of the NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of a year from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Mittul Kalawadia and Mrinal Singh
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Focused Equity Fund

    ICICI Prudential Focused Equity Fund aims to generate capital growth via investment in a concentrated portfolio that comprises equity and equity-related instruments of no more than 30 companies across market capitalisation.

    Who is ICICI Prudential Focused Equity Fund for?

    ICICI Prudential Focused Equity Fund is ideal for investors who want to create wealth in the long term via investment in no more than 30 stocks across market capitalisation.

  15. ICICI Prudential Banking and Financial Services Fund
    Fund Type Open-ended equity scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of a year from when they were allotted, 1% of the NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of a year from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Roshan Chutkey
    Risk Factor High

    Investment Objective of ICICI Prudential Banking and Financial Services Fund

    ICICI Prudential Banking and Financial Services Fund aims to generate capital growth in the long term via investment in a portfolio that consists mainly equity and equity-related instruments of companies involved in banking and financial services.

    Who is ICICI Prudential Banking and Financial Services Fund for?

    ICICI Prudential Banking and Financial Services Fund is suitable for investors who want to create wealth in the long term via investment mainly in equity and equity-related instruments of companies that carry out business in the banking and financial services sector.

Hybrid Funds Offered by ICICI Prudential

The following are the hybrid funds offered by ICICI Prudential:

  1. ICICI Prudential Regular Savings Fund
    Fund Type Open-ended hybrid scheme
    Entry Load N/A
    Exit Load
    • For up to 10% of the units that are switched-out or redeemed before the completion of a year from when they were allotted, no exit load will be charged
    • For more than 10% of the units that are switched-out or redeemed before the completion of a year from when they were allotted, 1% of the applicable NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of a year from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Rajat Chandak for Equity and Manish Banthia for Debt
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Regular Savings Fund

    ICICI Prudential Regular Savings Fund aims to generate regular income by making investments mainly in money market and debt securities. It also aims at generating capital growth over the long term by investing partly in equity instruments.

    Who is ICICI Prudential Regular Savings Fund for?

    ICICI Prudential Regular Savings Fund is ideal for investors who want regular income in the medium to long term via investments mainly in money market and debt securities, and capital growth in the long term via investments partly in equities.

  2. ICICI Prudential Equity & Debt Fund
    Fund Type Open-ended hybrid scheme
    Entry Load N/A
    Exit Load
    • For up to 10% of the units that are switched-out or redeemed before the completion of a year from when they were allotted, no exit load will be charged
    • For more than 10% of the units that are switched-out or redeemed before the completion of a year from when they were allotted, 1% of the applicable NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of a year from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Atul Patel and Sankaran Naren for Equity and Manish Banthia for Debt
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Equity & Debt Fund

    ICICI Prudential Equity & Debt Fund aims to generate capital growth in the long term along with regular income in the short to medium term via investment in a portfolio comprising equity and equity-related instruments and fixed income instruments.

    Who is ICICI Prudential Equity & Debt Fund for?

    ICICI Prudential Equity & Debt Fund is suitable for those who want to create wealth in the long term as well as regular income via investment in equity and equity-related instruments and fixed income instruments.

  3. ICICI Prudential Equity – Arbitrage Fund
    Fund Type Open-ended scheme making investments in arbitrage opportunities
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of a month from when they were allotted, 0.25% of the applicable NAV will be charged as exit load
    • For units that are switched-out or redeemed after the completion of a month from when they were allotted, no exit load will be applicable
    Benchmark
    Fund Manager Manish Banthia and Kayzad Eghlim
    Risk Factor Moderate

    Investment Objective of ICICI Prudential Equity – Arbitrage Fund

    ICICI Prudential Equity – Arbitrage Fund aims to generate returns with low volatility by making investments in a portfolio comprising short-term debt instruments, and making use of arbitrage and other derivative strategies in equity markets.

    Who is ICICI Prudential Equity – Arbitrage Fund for?

    ICICI Prudential Equity – Arbitrage Fund is suitable for those who want income in the short term.

  4. ICICI Prudential Multi-Asset Fund
    Fund Type Open-ended scheme
    Entry Load N/A
    Exit Load
    • For up to 10% of the units that are switched-out or redeemed before the completion of a year from when they were allotted, no exit load will be charged
    • For more than 10% of the units that are switched-out or redeemed before the completion of a year from when they were allotted, 1% of the applicable NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of a year from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Sankaran Naren, Anuj Tagra, and Ihab Dalwai
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Multi-Asset Fund

    ICICI Prudential Multi-Asset Fund aims at generating income and capital appreciation via investment in a minimum of three asset classes with at least 10% being allocated to each class.

    Who is ICICI Prudential Multi-Asset Fund for?

    ICICI Prudential Multi-Asset Fund is ideal for investors who want to create wealth in the long term via investment in a minimum of three asset classes.

  5. ICICI Prudential Equity Savings Fund
    Fund Type Open-ended scheme
    Entry Load N/A
    Exit Load
    • For up to 10% of the units that are switched-out or redeemed before the completion of a year from when they were allotted, no exit load will be charged
    • For more than 10% of the units that are switched-out or redeemed before the completion of a year from when they were allotted, 1% of the applicable NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of a year from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager S Naren, Kayzad Eghlim, Chintan Haria, and Prakash Gaurav Goel for Equity, and Manish Banthia for Debt
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Equity Savings Fund

    ICICI Prudential Equity Savings Fund aims to provide regular income via the use of arbitrage and similar derivative strategies as well as investment in fixed income instruments. It also aims at generating capital growth in the long term via investment partly in equity and equity-related securities.

    Who is ICICI Prudential Equity Savings Fund for?

    ICICI Prudential Equity Savings Fund is suitable for those who want to create wealth in the long term via investment arbitrage opportunities, fixed income instruments, and equity and equity-related securities.

  6. ICICI Prudential Equity – Arbitrage Fund
    Fund Type Open-ended scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of a month from when they were allotted, 0.25% of the applicable NAV will be charged as exit load
    • For units that are switched-out or redeemed after the completion of a month from when they were allotted, no exit load will be applicable
    Benchmark
    Fund Manager Manish Banthia and Kayzad Eghlim
    Risk Factor Moderate

    Investment Objective of ICICI Prudential Equity – Arbitrage Fund

    ICICI Prudential Equity – Arbitrage Fund aims to generate returns with low volatility via the use of arbitrage and similar derivative strategies in equity markets as well as investments in a portfolio comprising short-term debt instruments.

    Who is ICICI Prudential Equity – Arbitrage Fund for?

    ICICI Prudential Equity – Arbitrage Fund is ideal for those who want an income generation solution in the short term.

  7. ICICI Prudential Multi-Asset Fund
    Fund Type Open-ended scheme
    Entry Load N/A
    Exit Load
    • For up to 10% of the units that are switched-out or redeemed before the completion of a year from when they were allotted, no exit load will be charged
    • For more than 10% of the units that are switched-out or redeemed before the completion of a year from when they were allotted, 1% of the applicable NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of a year from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Sankaran Naren, Anuj Tagra, and Ihab Dalwai
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Multi-Asset Fund

    ICICI Prudential Multi-Asset Fund aims to generate income along with capital appreciation via investment in a minimum of three asset classes with at least 10% allocated to each class.

    Who is ICICI Prudential Multi-Asset Fund for?

    ICICI Prudential Multi-Asset Fund is suitable for those who want to create wealth in the long term via investment in a minimum of three asset classes with at least 10% allocated to each class.

  8. ICICI Prudential Balanced Advantage Fund
    Fund Type Open-ended dynamic asset allocation scheme
    Entry Load N/A
    Exit Load
    • For up to 15% of the units that are switched-out or redeemed before the completion of 18 months from when they were allotted, no exit load will be charged
    • For more than 15% of the units that are switched-out or redeemed before the completion of 18 months from when they were allotted, 1% of the applicable NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of 18 months from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Sankaran Naren, Ihab Dalwai, and Rajat Chandak for Equity, and Manish Banthia for Debt
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Balanced Advantage Fund

    ICICI Prudential Balanced Advantage Fund aims to generate income distribution and capital appreciation via the use of arbitrage opportunities, derivative strategies, and investments in pure equity instruments.

    Who is ICICI Prudential Balanced Advantage Fund for?

    ICICI Prudential Balanced Advantage Fund is ideal for those who want to create wealth in the long term via investment in equity and derivatives.

  9. ICICI Prudential Equity & Debt Fund
    Fund Type Open-ended hybrid scheme
    Entry Load N/A
    Exit Load
    • For up to 10% of the units that are switched-out or redeemed before the completion of a year from when they were allotted, no exit load will be charged
    • For more than 10% of the units that are switched-out or redeemed before the completion of a year from when they were allotted, 1% of the applicable NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of a year from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Atul Patel and Sankaran Naren for Equity and Manish Banthia for Debt
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Equity & Debt Fund

    ICICI Prudential Equity & Debt Fund aims to generate current income as well as capital appreciation via investment in a portfolio that comprises mainly equity and equity-related instruments and fixed income instruments.

    Who is ICICI Prudential Equity & Debt Fund for?

    ICICI Prudential Equity & Debt Fund is ideal for those who want to create wealth in the long term via investment in fixed income instruments and equity and equity-related instruments.

  10. ICICI Prudential Regular Savings Fund
    Fund Type Open-ended hybrid scheme
    Entry Load N/A
    Exit Load
    • For up to 10% of the units that are switched-out or redeemed before the completion of a year from when they were allotted, no exit load will be charged
    • For more than 10% of the units that are switched-out or redeemed before the completion of a year from when they were allotted, 1% of the applicable NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of a year from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Rajat Chandak for Equity and Manish Banthia for Debt
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Regular Savings Fund

    ICICI Prudential Regular Savings Fund aims to generate income on a regular basis via investment mainly in money market and debt instruments. It also aims at generating capital growth in the long term via investment partly in equity and equity-related instruments.

    Who is ICICI Prudential Regular Savings Fund for?

    ICICI Prudential Regular Savings Fund is ideal for investors who want regular income over the medium to long term and long-term capital appreciation via investments in money market instruments, debt securities, and equities.

Debt Funds Offered by ICICI Prudential

The following are the debt funds offered by ICICI Prudential:

  1. ICICI Prudential Savings Fund
    Fund Type Open-ended low-duration debt scheme
    Entry Load N/A
    Exit Load Nil
    Benchmark
    Fund Manager Rohan Maru and Rahul Goswami
    Risk Factor Moderately low

    Investment Objective of ICICI Prudential Savings Fund

    ICICI Prudential Savings Fund aims to generate income via investments in a variety of money market and debt securities. At the same time, the scheme aims at ensuring that the optimum balance of liquidity, safety, and yield are maintained.

    Who is ICICI Prudential Savings Fund for?

    ICICI Prudential Savings Fund is ideal for those who want savings in the short term and maximise income over time via investment in money market and debt instruments.

  2. ICICI Prudential Floating Interest Fund
    Fund Type Open-ended debt scheme
    Entry Load N/A
    Exit Load Nil
    Benchmark
    Fund Manager Nikhil Kabra and Rahul Goswami
    Risk Factor Moderate

    Investment Objective of ICICI Prudential Floating Interest Fund

    ICICI Prudential Floating Interest Fund aims to generate income via investment mainly in floating rate instruments. At the same time, it aims at ensuring that the optimum balance of liquidity, safety, and yield are maintained.

    Who is ICICI Prudential Floating Interest Fund for?

    ICICI Prudential Floating Interest Fund is ideal for those who want savings in the short term via investment mainly in floating rate instruments.

  3. ICICI Prudential Corporate Bond Fund
    Fund Type Open-ended debt scheme
    Entry Load N/A
    Exit Load Nil
    Benchmark
    Fund Manager Rahul Goswami, Chandni Gupta and Rohan Maru
    Risk Factor Moderate

    Investment Objective of ICICI Prudential Corporate Bond Fund

    ICICI Prudential Corporate Bond Fund aims to generate income via investment mainly in corporate bonds that are rated AA+ and above. At the same time, the scheme aims at ensuring that the optimum balance of liquidity, safety, and yield are maintained.

    Who is ICICI Prudential Corporate Bond Fund for?

    ICICI Prudential Corporate Bond Fund is suitable for those who want savings in the short term via investment mainly in the best-rated corporate bonds.

  4. ICICI Prudential Liquid Fund
    Fund Type Open-ended liquid scheme
    Entry Load N/A
    Exit Load Nil
    Benchmark
    Fund Manager Rohan Maru and Rahul Goswami
    Risk Factor Low

    Investment Objective of ICICI Prudential Liquid Fund

    ICICI Prudential Liquid Fund aims to offer reasonable returns that correspond with low risk and offer a high level of liquidity via investment mainly in debt and money market instruments.

    Who is ICICI Prudential Liquid Fund for?

    ICICI Prudential Liquid Fund is ideal for those who want savings in the short term, and returns that correspond with low risk while providing a high level of liquidity.

  5. ICICI Prudential Short Term Fund
    Fund Type Open-ended short-term debt scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of seven days from when they were allotted, 0.25% of the applicable NAV will be charged as exit load
    • For units that are switched-out or redeemed after the completion of seven days from when they were allotted, no exit load will be applicable
    Benchmark
    Fund Manager Manish Banthia
    Risk Factor Moderate

    Investment Objective of ICICI Prudential Short Term Fund

    ICICI Prudential Short Term Fund aims to generate income via investment in a variety of money market and debt securities while ensuring that the optimum balance of liquidity, safety and yield is maintained.

    Who is ICICI Prudential Short Term Fund for?

    ICICI Prudential Short Term Fund is ideal for those who want capital appreciation and income generation in the short term via investment in different money market and debt securities of differing maturities.

  6. ICICI Prudential Money Market Fund
    Fund Type Open-ended debt scheme
    Entry Load N/A
    Exit Load Nil
    Benchmark
    Fund Manager Nikhil Kabra and Rahul Goswami
    Risk Factor Moderately low

    Investment Objective of ICICI Prudential Money Market Fund

    ICICI Prudential Money Market Fund aims to offer reasonable returns that correspond with low risk and offer a high level of liquidity via investment in money market securities.

    Who is ICICI Prudential Money Market Fund for?

    ICICI Prudential Money Market Fund is suitable for those who want savings in the short term.

  7. ICICI Prudential Long Term Bond Fund
    Fund Type Open-ended debt scheme
    Entry Load N/A
    Exit Load Nil
    Benchmark
    Fund Manager Manish Banthia
    Risk Factor Moderate

    Investment Objective of ICICI Prudential Long Term Bond Fund

    ICICI Prudential Long Term Bond Fund aims to generate income via investment in a variety of money market and debt securities while ensuring that the optimum balance of liquidity, safety and yield is maintained.

    Who is ICICI Prudential Long Term Bond Fund for?

    ICICI Prudential Long Term Bond Fund is ideal for those who want to create wealth in the long term via investment in money market and debt securities.

  8. ICICI Prudential All Seasons Bond Fund
    Fund Type Open-ended dynamic debt scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of a month from when they were allotted, 0.25% of the applicable NAV will be charged as exit load
    • For units that are switched-out or redeemed after the completion of a month from when they were allotted, no exit load will be applicable
    Benchmark
    Fund Manager Anuj Tagra and Manish Banthia
    Risk Factor Moderate

    Investment Objective of ICICI Prudential All Seasons Bond Fund

    ICICI Prudential All Seasons Bond Fund aims to generate income via investment in a variety of money market and debt securities of different durations while ensuring that the optimum balance of liquidity, safety, and yield is maintained.

    Who is ICICI Prudential All Seasons Bond Fund for?

    ICICI Prudential All Seasons Bond Fund is a good investment option for those who want savings via investment in money market and debt instruments.

  9. ICICI Prudential Medium Term Bond Fund
    Fund Type Open-ended medium-term debt scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of a year from when they were allotted, 1% of the applicable NAV will be charged as exit load
    • For units that are switched-out or redeemed after the completion of a year from when they were allotted, no exit load will be applicable
    Benchmark
    Fund Manager Shadab Rizvi and Manish Banthia
    Risk Factor Moderate

    Investment Objective of ICICI Prudential Medium Term Bond Fund

    ICICI Prudential Medium Term Bond Fund aims to generate income via investment in a variety of money market and debt securities while ensuring the balance of liquidity, safety and yield are maintained.

    Who is ICICI Prudential Medium Term Bond Fund for?

    ICICI Prudential Medium Term Bond Fund is suitable for those who want savings in the medium term via investment in money market and debt securities.

  10. ICICI Prudential Gilt Fund
    Fund Type Open-ended debt scheme
    Entry Load N/A
    Exit Load Nil
    Benchmark
    Fund Manager Anuj Tagra and Rahul Goswami
    Risk Factor Moderate

    Investment Objective of ICICI Prudential Gilt Fund

    ICICI Prudential Gilt Fund aims to generate income mainly via investment in gilts of different maturities.

    Who is ICICI Prudential Gilt Fund for?

    ICICI Prudential Gilt Fund is ideal for those who want to create wealth in the long term via investment in gilts.

  11. ICICI Prudential Bond Fund
    Fund Type Open-ended income scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of six months from when they were allotted, 1% of the applicable NAV will be charged as exit load
    • For units that are switched-out or redeemed after the completion of six months from when they were allotted, no exit load will be applicable
    Benchmark
    Fund Manager Manish Banthia
    Risk Factor Moderate

    Investment Objective of ICICI Prudential Bond Fund

    ICICI Prudential Bond Fund aims to generate income via investment in a variety of money market and debt securities while ensuring that the optimum balance of liquidity, safety, and yield is maintained.

    Who is ICICI Prudential Bond Fund for?

    ICICI Prudential Bond Fund is suitable for those who want savings in the medium to long term via investment in money market and debt securities.

  12. ICICI Prudential Banking and PSU Debt Fund
    Fund Type Open-ended debt scheme
    Entry Load N/A
    Exit Load Nil
    Benchmark
    Fund Manager Chandni Gupta and Rahul Goswami
    Risk Factor Moderate

    Investment Objective of ICICI Prudential Banking and PSU Debt Fund

    ICICI Prudential Banking and PSU Debt Fund aims to generate income via investment mainly in debt securities of public sector undertakings, banks, municipal bonds, and public financial institutions while ensuring that the optimum balance of liquidity, safety and yield is maintained.

    Who is ICICI Prudential Banking and PSU Debt Fund for?

    ICICI Prudential Banking and PSU Debt Fund is ideal for those who want savings in the short term via investment mainly in debt securities of public sector undertakings, municipal bonds, banks and public financial institutions.

  13. ICICI Prudential Constant Maturity Gilt Fund
    Fund Type Open-ended debt scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of seven days from when they were allotted, 0.25% of the applicable NAV will be charged as exit load
    • For units that are switched-out or redeemed after the completion of seven days from when they were allotted, no exit load will be applicable
    Benchmark
    Fund Manager Rahul Goswami
    Risk Factor Moderate

    Investment Objective of ICICI Prudential Constant Maturity Gilt Fund

    ICICI Prudential Constant Maturity Gilt Fund aims to generate income mainly via investment in a portfolio consisting of government securities while ensuring that the Macaulay duration of the portfolio is maintained.

    Who is ICICI Prudential Constant Maturity Gilt Fund for?

    ICICI Prudential Constant Maturity Gilt Fund is ideal for those who want to create wealth in the long term via investment in government securities.

  14. ICICI Prudential Ultra Short Term Fund
    Fund Type Open-ended ultra-short term debt scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of a month from when they were allotted, 0.50% of the applicable NAV will be charged as exit load
    • For units that are switched-out or redeemed after the completion of a month from when they were allotted, no exit load will be applicable
    Benchmark
    Fund Manager Ritesh Lunawat and Manish Banthia
    Risk Factor Moderate

    Investment Objective of ICICI Prudential Ultra Short Term Fund

    ICICI Prudential Ultra Short Term Fund aims to generate income by making investments in a variety of money market and debt securities.

    Who is ICICI Prudential Ultra Short Term Fund for?

    ICICI Prudential Ultra Short Term Fund is a good investment option for those who want regular income over the short term via investment in a variety of money market and debt securities.

  15. ICICI Prudential Credit Risk Fund
    Fund Type Open-ended debt scheme
    Entry Load N/A
    Exit Load
    • For up to 10% of the units that are switched-out or redeemed before the completion of a year from when they were allotted, no exit load will be charged
    • For more than 10% of the units that are switched-out or redeemed before the completion of a year from when they were allotted, 1% of the applicable NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of a year from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Manish Banthia and Akhil Kakkar
    Risk Factor Moderate

    Investment Objective of ICICI Prudential Credit Risk Fund

    ICICI Prudential Credit Risk Fund aims to generate income via investment mainly in corporate bonds that are rated AA and below while ensuring that the optimum balance of liquidity, safety and yield are maintained.

    Who is ICICI Prudential Credit Risk Fund for?

    ICICI Prudential Credit Risk Fund is ideal for those who want savings in the medium term via investment mainly in corporate bonds that are rated AA and below.

Solution-oriented Funds Offered by ICICI Prudential

The following are the solution-oriented funds offered by ICICI Prudential:

  1. ICICI Prudential Child Care Plan (Gift Plan)
    Fund Type Open-ended scheme for children with a lock-in period
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed within a year from when they were allotted, 3% of the applicable NAV will be levied as exit load
    • For units that are switched-out or redeemed between the first and second year from when they were allotted, 2% will be levied as exit load
    • For units that are switched-out or redeemed between the second and third year from when they were allotted, 1% will be charged as exit load
    • For units that are switched-out or redeemed after three years from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Ashwin Jain for Equity and Manish Banthia for Debt
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Child Care Plan (Gift Plan)

    ICICI Prudential Child Care Plan (Gift Plan) aims to generate capital growth via investment in a portfolio comprising equity and equity-related instruments as well as money market and debt securities.

    Who is ICICI Prudential Child Care Plan (Gift Plan) for?

    ICICI Prudential Child Care Plan (Gift Plan) is ideal for investors who want to create wealth in the long term via investment in equity and equity-related instruments.

Other Funds Offered by ICICI Prudential

The following are the other mutual funds offered by ICICI Prudential:

  1. ICICI Prudential Nifty ETF
    Fund Type Open-ended exchange traded fund
    Entry Load N/A
    Exit Load Nil
    Benchmark Nifty 50 Index
    Fund Manager Kayzad Eghlim
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Nifty ETF

    ICICI Prudential Nifty ETF intends to replicate the performance of the Nifty 50 Index via investment in the same stocks in the same proportion as the Nifty 50 Index.

    Who is ICICI Prudential Nifty ETF for?

    ICICI Prudential Nifty ETF is ideal for investors who want to invest in Nifty 50 Index’s stocks in a tax-efficient and cost-effective way, and those looking for liquidity and the creation of wealth in the long term.

  2. ICICI Prudential Sensex ETF
    Fund Type Open-ended exchange traded fund
    Entry Load N/A
    Exit Load Nil
    Benchmark S&P BSE Sensex Index
    Fund Manager Kayzad Eghlim
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Sensex ETF

    ICICI Prudential Sensex ETF aims to replicate the performance of the S&P BSE Sensex via investment in the same instruments/securities in the same proportion as the index.

    Who is ICICI Prudential Sensex ETF for?

    ICICI Prudential Sensex ETF is ideal for investors who want to invest in S&P BSE Sensex stocks in a tax-efficient and cost-effective way, and for those who seek liquidity in their investment as well as long-term wealth creation.

  3. ICICI Prudential Midcap Select ETF
    Fund Type Open-ended exchange traded fund
    Entry Load N/A
    Exit Load Nil
    Benchmark S&P BSE Sensex Index
    Fund Manager Kayzad Eghlim
    Risk Factor High

    Investment Objective of ICICI Prudential Midcap Select ETF

    ICICI Prudential Midcap Select ETF intends to deliver the same performance of the S&P BSE Midcap Select Index via investment in the same instruments/securities in the same proportion as the index.

    Who is ICICI Prudential Midcap Select ETF for?

    ICICI Prudential Midcap Select ETF is ideal for investors who want to invest their money in mid-cap stocks in a tax-efficient and cost-effective way, and for those who seek liquidity in their investment as well as long-term wealth creation.

  4. ICICI Prudential Nifty 100 ETF
    Fund Type Open-ended exchange traded fund
    Entry Load N/A
    Exit Load Nil
    Benchmark Nifty 100 Index
    Fund Manager Kayzad Eghlim
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Nifty 100 ETF

    ICICI Prudential Nifty 100 ETF intends to replicate the performance of the Nifty 100 Index via investment in the same instruments/securities in the same proportion as the index.

    Who is ICICI Prudential Nifty 100 ETF for?

    ICICI Prudential Nifty 100 ETF is ideal for those who want to invest in large-cap stocks in a tax-efficient and cost-effective way, and for those who seek liquidity in their investment as well as long-term wealth creation.

  5. ICICI Prudential Nifty Low Vol 30 ETF
    Fund Type Open-ended exchange traded fund
    Entry Load N/A
    Exit Load Nil
    Benchmark Nifty 100 Low Volatility 30 Index
    Fund Manager Kayzad Eghlim
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Nifty Low Vol 30 ETF

    ICICI Prudential Nifty Low Vol 30 ETF intends to replicate the performance of the Nifty 100 Low Volatility 30 Index via investment in the same instruments/securities in the same proportion as the index.

    Who is ICICI Prudential Nifty Low Vol 30 ETF for?

    ICICI Prudential Nifty Low Vol 30 ETF is ideal for investors who want to invest in equities and for those who seek liquidity in their investment along with long-term wealth creation.

  6. ICICI Prudential NV20 ETF
    Fund Type Open-ended exchange traded fund
    Entry Load N/A
    Exit Load Nil
    Benchmark Nifty 50 Value 20 Index
    Fund Manager Kayzad Eghlim
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential NV20 ETF

    ICICI Prudential NV20 ETF intends to replicate the performance of the Nifty 50 Value 20 Index via investment in the same instruments/securities in the same proportion as the index.

    Who is ICICI Prudential NV20 ETF for?

    ICICI Prudential NV20 ETF is ideal for investors who want to invest in Nifty 50 Value 20 Index stocks and for those who want liquidity in their investment along with capital appreciation in the long term.

  7. ICICI Prudential Gold ETF
    Fund Type Open-ended exchange traded fund
    Entry Load N/A
    Exit Load Nil
    Benchmark Physical gold
    Fund Manager Manish Banthia
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Gold ETF

    ICICI Prudential Gold ETF aims to generate returns via investment in gold.

    Who is ICICI Prudential Gold ETF for?

    ICICI Prudential Gold ETF is suitable for investors who want to make investments in gold and create wealth in the long term.

  8. Bharat 22 ETF
    Fund Type Exchange traded fund
    Entry Load N/A
    Exit Load Nil
    Benchmark S&P BSE Bharat 22 Index
    Fund Manager Kayzad Eghlim
    Risk Factor High

    Investment Objective of Bharat 22 ETF

    Bharat 22 ETF intends to replicate the performance of the S&P BSE Bharat 22 Index via investment in the same instruments/securities in the same proportion as the index.

    Who is Bharat 22 ETF for?

    Bharat 22 ETF is ideal for those who want to make investments in public sector enterprises and want liquidity along with long-term wealth creation.

  9. ICICI Prudential S&P BSE 500 ETF
    Fund Type Open-ended exchange traded fund
    Entry Load N/A
    Exit Load Nil
    Benchmark S&P BSE 500 Index
    Fund Manager Kayzad Eghlim
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential S&P BSE 500 ETF

    ICICI Prudential S&P BSE 500 ETF intends to replicate the performance of the S&P BSE 500 Index via investment in the same instruments/securities in the same proportion as the index.

    >Who is ICICI Prudential S&P BSE 500 ETF for?

    ICICI Prudential S&P BSE 500 ETF is ideal for those who want to make investments across market capitalisations and create wealth in the long term.

  10. ICICI Prudential Advisor Series – Debt Management Fund
    Fund Type Open-ended fund of funds scheme
    Entry Load N/A
    Exit Load Nil
    Benchmark
    Fund Manager Manish Banthia
    Risk Factor Moderate

    Investment Objective of ICICI Prudential Advisor Series – Debt Management Fund

    ICICI Prudential Advisor Series – Debt Management Fund aims to generate returns corresponding with low risk and offering a high level of liquidity via investment mainly in money market and debt securities of ICICI Prudential Mutual Fund.

    Who is ICICI Prudential Advisor Series – Debt Management Fund for?

    ICICI Prudential Advisor Series – Debt Management Fund is ideal for investors who want savings in the short term via investment in ICICI Prudential Mutual Fund’s debt instruments.

  11. ICICI Prudential Global Stable Equity Fund
    Fund Type Open-ended fund of funds scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed within three months from when they were allotted, 3% of the applicable NAV will be charged as exit load
    • For units that are switched-out or redeemed between three months and 18 months from when they were allotted, 1% of the applicable NAV will be charged as exit load
    • For units that are switched-out or redeemed after 18 months from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Priyanka Khandelwal for Equity and Rohan Maru for Debt
    Risk Factor High

    Investment Objective of ICICI Prudential Global Stable Equity Fund

    ICICI Prudential Global Stable Equity Fund aims to offer reasonable returns via investment in one or multiple foreign mutual fund schemes’ units.

    Who is ICICI Prudential Global Stable Equity Fund for?

    ICICI Prudential Global Stable Equity Fund is ideal for those who want to create wealth in the long term via investment in the units of one or multiple foreign mutual fund schemes.

  12. ICICI Prudential Sensex Index Fund
    Fund Type Open-ended index scheme
    Entry Load N/A
    Exit Load Nil
    Benchmark
    Fund Manager Kayzad Eghlim
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Sensex Index Fund

    ICICI Prudential Sensex Index Fund aims to replicate the performance of the S&P BSE Sensex Index via investment in stocks of companies listed on the S&P BSE Sensex Index.

    Who is ICICI Prudential Sensex Index Fund for?

    ICICI Prudential Sensex Index Fund for investors who seek wealth creation in the long term by tracking the returns of the S&P BSE Sensex Index.

  13. ICICI Prudential Advisor Series – Passive Strategy Fund
    Fund Type Open-ended fund of funds scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of three years from when they were allotted, 1% of the NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of three years from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Dharmesh Kakkad
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Advisor Series – Passive Strategy Fund

    ICICI Prudential Advisor Series – Passive Strategy Fund aims to generate capital growth in the long term via investment in a portfolio consisting of debt schemes and ETFs of ICICI Prudential Mutual Fund.

    Who is ICICI Prudential Advisor Series – Passive Strategy Fund for?

    ICICI Prudential Advisor Series – Passive Strategy Fund is suitable for investors who want to create wealth in the long term via investment mainly in ETFs of ICICI Prudential Mutual Fund.

  14. ICICI Prudential Advisor Series – Conservative Fund
    Fund Type Open-ended fund of funds scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of a year from when they were allotted, 1% of the NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of a year from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Dharmesh Kakkad for Equity and Manish Banthia for Debt
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Advisor Series – Conservative Fund

    ICICI Prudential Advisor Series – Conservative Fund aims to generate capital growth in the long term along with regular income via investment in a portfolio of debt-oriented and hybrid schemes of ICICI Prudential Mutual Fund.

    Who is ICICI Prudential Advisor Series – Conservative Fund for?

    ICICI Prudential Advisor Series – Conservative Fund is ideal for those who want to create wealth in the long term by making investments in a portfolio that comprises debt-oriented and hybrid schemes.

  15. ICICI Prudential Regular Gold Savings Fund
    Fund Type Open-ended fund of funds scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of 15 months from when they were allotted, 2% of the NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of 15 months from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Manish Banthia
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Regular Gold Savings Fund

    ICICI Prudential Regular Gold Savings Fund aims to generate capital growth in the long term along with current income via investment in a units of ICICI Prudential Gold iWIN ETF.

    Who is ICICI Prudential Regular Gold Savings Fund for?

    ICICI Prudential Regular Gold Savings Fund is ideal for investors who seek wealth creation in the long term via investment in units of ICICI Prudential Gold iWIN ETF.

  16. ICICI Prudential Nifty Next 50 Index Fund
    Fund Type Open-ended index scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of seven days from when they were allotted, 0.25% of the NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of seven days from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Kayzad Eghlim
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Nifty Next 50 Index Fund

    ICICI Prudential Nifty Next 50 Index Fund aims to make investments in companies that have their securities listed on the Nifty Next 50 Index, and try to replicate the returns of the index.

    Who is ICICI Prudential Nifty Next 50 Index Fund for?

    ICICI Prudential Nifty Next 50 Index Fund is ideal for investors who seek to create wealth in the long term by striving to replicate the performance of the aforementioned index.

  17. ICICI Prudential Nifty Index Fund
    Fund Type Open-ended index scheme
    Entry Load N/A
    Exit Load Nil
    Benchmark
    Fund Manager Kayzad Eghlim
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Nifty Index Fund

    ICICI Prudential Nifty Index Fund aims to make investments in companies that have their securities listed on the Nifty Index, and try to replicate the performance of the index.

    Who is ICICI Prudential Nifty Index Fund for?

    ICICI Prudential Nifty Index Fund is ideal for investors who want to create wealth in the long term by replicating the performance of the Nifty Index.

  18. ICICI Prudential Advisor Series – Thematic Fund
    Fund Type Open-ended fund of funds scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of a year from when they were allotted, 1% of the NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of a year from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Dharmesh Kakkad for Equity and Manish Banthia for Debt
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Advisor Series – Thematic Fund

    ICICI Prudential Advisor Series – Thematic Fund aims to generate capital growth in the long term via investment in a portfolio comprising thematic/sectoral equity-oriented schemes as well as debt-oriented funds of ICICI Prudential Mutual Fund.

    Who is ICICI Prudential Advisor Series – Thematic Fund for?

    ICICI Prudential Advisor Series – Thematic Fund is suitable for investors who want to create wealth in the long term via investment in thematic/sectoral funds as well as debt-oriented funds.

  19. ICICI Prudential Advisor Series – Hybrid Fund
    Fund Type Open-ended fund of funds scheme
    Entry Load N/A
    Exit Load
    • For units that are switched-out or redeemed before the completion of a month from when they were allotted, 0.25% of the NAV will be charged as exit load
    • For units that are switched-out or redeemed after the end of a month from when they were allotted, no exit load will be charged
    Benchmark
    Fund Manager Dharmesh Kakkad for Equity and Manish Banthia for Debt
    Risk Factor Moderately high

    Investment Objective of ICICI Prudential Advisor Series – Hybrid Fund

    ICICI Prudential Advisor Series – Hybrid Fund aims to generate income on a regular basis mainly via investments in debt-oriented and equity schemes of ICICI Prudential Mutual Fund.

    Who is ICICI Prudential Advisor Series – Hybrid Fund for?

    ICICI Prudential Advisor Series – Hybrid Fund is ideal for investors who seek to create wealth in the long term via investment in debt-oriented and equity schemes.

Tax Savings Mutual Funds from ICICI Prudential Mutual Fund

If you wish to invest in mutual funds and avail tax benefits through your investment, ICICI Prudential Long Term Equity Fund is a good option as it allows you to claim deductions to the extent of Rs.1.5 lakh under Section 80C of the Income Tax Act, 1961.

Who is Eligible for ICICI Prudential Mutual Fund?

Investment in ICICI Prudential Mutual Funds can be considered by the following entities:

  • Resident Indians
  • Non-Resident Indians (NRIs)
  • Banking institutions
  • Companies
  • Partnership firms
  • Hindu Undivided Families (HUFs)
  • Pension funds
  • Foreign Institutional Investors (FIIs)
  • Public Financial Institutions (PFIs)
  • Insurance companies
  • Parents or lawful guardians on behalf of minors
  • Trusts

ICICI Prudential Mutual Funds Documents

All investors are required to ensure that they are KYC compliant in order to make investments in ICICI Prudential Mutual Funds. If you are not KYC compliant, you will have to make an application for KYC compliance by filling up and furnishing the KYC form at the closest Point of Service. Here are the documents you will have to submit with your KYC application to make investments in ICICI Prudential Mutual Funds:

  • PAN Card
  • ID proof
  • Address proof
  • Passport-sized photograph

In order to open an account with ICICI Prudential Mutual Fund, you will require the following documents:

  • Application form, duly filled in
  • Cheque/DD from your bank
  • KYC acknowledgment
  • Third party declaration (for investment on behalf of minors)

How to Invest in ICICI Prudential Mutual Funds Online?

To make investments in ICICI Prudential Mutual Funds online, you will have to visit the website of the company (www.icicipruamc.com) and click on the ‘Login to Invest’ option under the ‘Invest Now’ section located on the right side of the page. In case you are a new investor, you will have to click on ‘Register Now’. Once you click on this option, you will be redirected to a new page where you will have to enter your folio number and create a username and password before checking the box that says you agree to the terms and conditions of the company’s online service. Then, click on submit. A one-time password will be sent to your registered mobile number and you will have to enter the OTP for verification purposes after which you can click on ‘Activate Now’ and start transacting.

Why Choose ICICI Prudential Mutual Funds?

Apart from the fact that ICICI Prudential enjoys a strong reputation and offers a substantial number of investment options that cater to the risk appetite of a wide variety of investors, the company employs some of the best fund managers who have years of experience coupled with the expertise to generate good returns for investors. ICICI Prudential Asset Management Company is sponsored by ICICI Bank, which is the biggest private sector bank in India, and Prudential PLC, which is among the biggest names in the UK’s financial services industry, making ICICI Prudential a safe company with which to invest.

ICICI Prudential Mutual Funds - FAQ

  1. Can I open a joint account to make investments in ICICI Prudential Mutual Funds?

    Individuals can open joint accounts to invest in ICICI Prudential Mutual Funds and they need not be related to one another to do so.

  2. How long does it take to get the dividend amount?

    ICICI Prudential Mutual Fund aims to release the dividend amount within 10 working days from the record date. However, the time-frame allowed by the Securities and Exchange Board of India for paying dividends is 30 days.

  3. How are dividend payments made to investors?

    Investors receive their dividend payments through one of the following modes:

    • Direct credit
    • National Electronic Fund Transfer (NEFT) or Real Time Gross Settlement (RTGS)
    • National Electronic Clearing System (NECS)
    • Demand draft
  4. How are redemption payouts made to investors?

    Investors can receive their redemption proceeds either through direct credit, demand draft or NEFT/RTGS.

  5. Will I receive mobile alerts for transactions?

    Yes, mobile alerts will be sent for all transactions processed in the account of the investor, be it financial or non-financial. The alerts are usually sent for purchase, change of address, change of bank, redemption, etc.

  6. Through what modes can I invest in mutual funds via SIPs?

    Investment in mutual funds via the SIP route can be made either by using the standing instruction facility, the direct debit facility, or post-dated cheques.

  7. What documents must I submit to start an SIP and put in money every month?

    In case you wish to invest in mutual funds via SIPs and deposit money every month, you will require an application form, at least five post-dated cheques, a current-dated cheque, and KYC-KRA acknowledgment.

  8. Does a partnership firm have to submit a partnership deed if it wants to invest in mutual funds?

    Yes, all partnership firms are required to submit their partnership deeds to make investments in mutual funds.

News About ICICI Prudential Mutual Fund

  • Voice-enabled investment chatbot launched by ICICI Prudential AMC

    A voice-enabled investment chatbot, with Natural Language Processing (NLP) support and powered by the capabilities of Google Voice, has been launched by ICICI Prudential AMC. This will guide customers who are KYC compliant and new to invest in mutual funds that are offered by ICICI Prudential AMC. Existing customers will help in purchase transactions and also registration of SIP in the existing portfolios. The bot will transfer the customer to a live agent in case of technical difficulties who will then aid in the completion of the transaction or investment. This is part of the paperless transaction initiative of the company. It will also encourage digital investments while making it easier for investors.

    19 December 2018

  • CEO of ICICI Prudential Mutual Fund elected as the Chairman of AMFI

    The Managing Director and CEO (Chief Executive Officer) of ICICI Prudential Mutual Fund, Mr. Nimesh Shah has been appointed as the Chairman of industry standards organisation, Association of Mutual Funds in India (AMFI). Mr. Shah will be replacing Mr. A Balasubramanian, the CEO of Aditya Birla Sun Life Mutual Fund who was elected in October 2016. The appointment took place on 12 October 2018. Mr. Shah took over the position of MD and CEO of ICICI Prudential Mutual Fund in July 2007 which is also when he joined the mutual fund industry.

    As per the data revealed by the AMFI, the assets under management (AUM) of ICICI Prudential Mutual Fund stands at Rs.3.1 lakh crore while the AUM of the mutual fund industry stands at Rs.22.06 lakh crore. The appointment of Mr. Shah as the Chairman of AMFI comes at a time when the investors are feeling jittery about the volatility of the equity markets and liquidity crunch at IL&FS (Infrastructure Leasing & Financial Services). As a Chairman, Mr. Shah has the responsibility of driving investor-centric initiatives to grow the AUM of the industry further.

    16 October 2018

  • CEO of ICICI Prudential Mutual Fund elected as the Chairman of AMFI

    The Managing Director and CEO (Chief Executive Officer) of ICICI Prudential Mutual Fund, Mr. Nimesh Shah has been appointed as the Chairman of industry standards organisation, Association of Mutual Funds in India (AMFI). Mr. Shah will be replacing Mr. A Balasubramanian, the CEO of Aditya Birla Sun Life Mutual Fund who was elected in October 2016. The appointment took place on 12 October 2018. Mr. Shah took over the position of MD and CEO of ICICI Prudential Mutual Fund in July 2007 which is also when he joined the mutual fund industry.

    As per the data revealed by the AMFI, the assets under management (AUM) of ICICI Prudential Mutual Fund stands at Rs.3.1 lakh crore while the AUM of the mutual fund industry stands at Rs.22.06 lakh crore. The appointment of Mr. Shah as the Chairman of AMFI comes at a time when the investors are feeling jittery about the volatility of the equity markets and liquidity crunch at IL&FS (Infrastructure Leasing & Financial Services). As a Chairman, Mr. Shah has the responsibility of driving investor-centric initiatives to grow the AUM of the industry further.

    16 October 2018

  • ICICI Prudential Mutual Fund going to launch the second part of Bharat 22 ETF

    ICICI Prudential Mutual Fund is all set to launch the next tranche of Bharat-22 ETF on 19 June 2018. This further fund offer (FFO) is actually a part of the disinvestment program which was earlier announced by the Department of Investment and Public Asset Management (DIPAM), Ministry of Finance. Through this FFO this AMC is planning to raise up to Rs.6,000 crore with the provision of retaining over up to Rs.2,400 crore subscription which will be subjected to the approval of the government.

    The S&P BSE Bharat 22 Index which is the underlying for the ICICI Prudential-managed Bharat-22 ETF yields a dividend of around 2.6%. Moreover, the expense ratio of this fund is less than 1 basis point (bp), which is, in fact, the lowest bp in the entire ETF sector in India. All these factors make this a lucrative option for the ETF investors. All types of investors including retail investors, anchor investors, qualified institutional buyers, retirement funds, foreign portfolio investors (FPIs), and non-institutional investors can invest in this scheme.

    14 June 2018

  • A new launch from ICICI Prudential Mutual Fund

    The new product launched by ICICI Prudential Mutual Fund called ICICI Prudential Business Cycle Fund Series - 1 this is a closed ended growth scheme. This product primarily is to provide the clients with capital gain with investing in equity and equity securities, this will focus on the investment through various allocations in different dynamic stocks and sectors. The minimum subscription is an amount of Rs. 5,000 with no entry or exit load added to the scheme. The New Fund Offer will be open for subscription on 18th September 2015 to 30th September 2015. The scheme performance will be against the S&P BSE 500 Index. This will end up being a long term wealth creation for clients.

    23 September 2015

  • ICICI Prudential MF Corporate Bond Fund Dividend Declared

    ICICI Prudential MF declared the dividend on its Corporate Bond Fund, with the quantum of dividend being Rs 0.3750 on the face value of Rs 10 for each unit under the Regular plan and Rs 0.362 for Plan B - Half yearly dividend. A dividend of Rs 0.4122 has been declared for the Direct Plan under half yearly dividend.

    September 18, 2015 has been set as the record date for declaration of dividend.

    14 September 2015

  • ICICI Prudential Balanced Advantage Fund to offer money-back option

    From September 10, 2015 unitholders of the ICICI Prudential Advantage Fund will be able to avail the money-back option for enhanced liquidity. This option will allow for redemption based on prevailing NAVs. Necessary changes have been made to the fund documents (SID and KIM). It has been clarified, however, that such money-back option shall not be guaranteed i.e. it is akin to normal withdrawals. Investors can exercise the money-back option periodically.

    Withdrawals from mutual funds are usually made at regular intervals known as a fixed withdrawal option or when unit value appreciates.

    10 September 2015

  • ICICI Prudential Mutual Fund gets new Fund Managers

    ICICI Prudential Asset Management Company incorporated some new changes in its personnel recently, with a new bunch of fund managers set to take charge. Starting September 7, 2015, Pushpinder Singh will be the fund manager for certain schemes under ICICI Prudential Mutual Fund and has been designated as a 'Key Personnel' for the same.

    ICICI Prudential India Recovery Fund also has new people on board, with Singh being appointed as the Co-fund manager for Series 1-3. Mrinal Singh will be the other co-fund manager for this scheme.

    ICICI Prudential Balanced Advantage Fund also got a new co-fund manager in the form of Rajat Chandak who will assist Manish Gunwani and Ashwin Jain in handling this fund.

    4 September 2015

GST rate of 18% applicable for all financial services effective July 1, 2017.

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