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Best ICICI Mutual Funds to Invest Through SIP

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ICICI Prudential MF is one of the largest AMCs in India concerning average assets under management of Rs 3,10,257.46 crore as on 30th Sep 2018. The fund house offers corporate and retail solutions to investors by investing in equity, debt, and gold classes. There are around 47 mutual funds offered by ICICI Mutual Fund to provide relevant product to investors according to their financial needs, risk-appetite, and time horizon. To get risk-adjusted returns, ICICI Pru MF delivers an option of investment through SIP over a long-term horizon. The SIP investment also builds the habit of saving money by investing a small sum of money at regular interval. All the ICICI mutual funds are available at MySIPonline where you can get expert's advice as well.

Here Are the Best ICICI Prudential MF to Invest Through SIP

  1. ICICI Prudential Bluechip Fund (G) : This scheme was launched on 28th May 2008 with an aim to provide capital appreciation and income distribution by investing in equity and equity related instruments of the large-cap companies. From the inception, the scheme has generated an annualized rate of returns at 14.08% as on 16th Oct 2018. The Assets Under Management (AUM) was Rs. 18,966 crore on Sep 30, 2018. Approximately 93% assets of the fund is invested in large-cap companies. The portfolio of the fund is handled by Anish Tawakley, Priyanka Khandelwal, and Rajat Chandak.
  2. ICICI Prudential Equity & Debt Fund (G) : Established on 3rd Nov 1999, the company has generated a trailing return of 14.26% as on 16th Oct 2018. The investment objective of the scheme is to invest for the long-term horizon in equity, debt, and money market securities. The approximate equity allocation for the fund is 60-80% (with a minimum of 51%), and debt allocation is 40-49% (with a minimum allocation of 20%). The assets managed by the fund was Rs 27,342 crore on 30th Sep 2018. Mr Atul Patel, Manish Banthia, Priyanka Khandelwal, and Sankaran Naren handle the portfolio of ICICI Prudential Equity & Debt Fund.
  3. ICICI Prudential Mid Cap Fund (G) : This ICICI Fund aims to invest in equity instruments of the mid-cap companies to create wealth over a long-term horizon with moderate to high-risk profile. From the inception on 28th Oct 2004, the fund has generated an annualised rate of returns at 17.10% as noted on 16th Oct 2018. The AUM was Rs 1,452 crore on 30th Sep 2018. The portfolio of the ICICI Prudential Mid Cap Fund is handled by Priyanka Khandelwal, Mrinal Singh, and Mittul Kalawadia.
  4. ICICI Prudential Long Term Equity Fund (Tax Saving) : ICICI Prudential Long Term Equity Fund is an ELSS scheme under ICICI Mutual Fund which helps the investors to save taxes up to a limit of Rs 1.5 lakh on investors’ income in a financial year. ICICI Prudential Long Term Equity Fund was introduced on 19th Aug 1999 with an investment objective to invest 90% of the stocks in equity and 10% in debt & money market instruments to generate long-term capital appreciation. With a trailing returns at 20.38% on 16th Oct 2018, the fund is performing well since introduction in the mutual fund market. The assets managed by the fund was Rs 5,386 crore as on 30th Sept 2018. Mr George Herber Joseph and Priyanka Khandelwal are the fund managers of ICICI Prudential Long Term Equity Fund (Tax Saving).

Overall, ICICI Prudential Bluechip Fund, ICICI Prudential Long Term Equity Fund, ICICI Prudential Mid Cap Fund, and ICICI Prudential Bluechip Fund are the best ICICI Pru MFs to invest through SIP. If you have any doubt regarding regular plans, you can mention it in the below-provided link. https://goo.gl/WofRJm