The table below shows ICICI Prudential Mutual Fund based on AUM, NAV and Minimum SIP.
| Name | AUM Cr. | NAV | Minimum SIP Rs. |
| ICICI Pru Bluechip Fund | 64,222.82 | 119.29 | 500.00 |
| ICICI Pru Balanced Advantage Fund | 61,103.40 | 78.40 | 100.00 |
| ICICI Pru Value Discovery Fund | 50,154.17 | 506.34 | 5,000.00 |
| ICICI Pru Multi-Asset Fund | 48,201.26 | 784.88 | 500.00 |
| ICICI Pru Liquid Fund | 46,302.79 | 370.81 | 100.00 |
| ICICI Pru Equity & Debt Fund | 40,095.35 | 421.01 | 100.00 |
| ICICI Pru Corp Bond Fund | 26,853.66 | 29.33 | 100.00 |
| ICICI Pru Money Market Fund | 24,630.82 | 362.83 | 100.00 |
| ICICI Pru Equity-Arbitrage Fund | 24,111.41 | 34.84 | 500.00 |
| ICICI Pru India Opp Fund | 23,840.50 | 38.01 | 5,000.00 |
Content:
- Introduction To ICICI Prudential Mutual Funds
- What is ICICI Prudential Mutual Fund?
- ICICI Prudential Mutual Fund AMC Details
- ICICI Prudential Mutual Fund History
- ICICI Prudential Mutual Fund Managers
- ICICI Prudential Mutual Fund Portfolio
- Types of Mutual Funds Offered in ICICI Prudential Mutual Fund
- Best ICICI Prudential Mutual Fund Based On Expense Ratio
- Top performing ICICI Prudential Mutual Fund To Invest In Based On 3Y CAGR
- ICICI Prudential Mutual Fund List Based On Exit Load
- ICICI Prudential Mutual Fund Returns
- Factors To Consider When Investing In ICICI Prudential Mutual Fund
- Features Of The ICICI Prudential Mutual Fund
- Benefits Of ICICI Prudential Mutual Fund
- Risks Of Investing In Top Performing ICICI Prudential Mutual Fund
- How To Invest In ICICI Prudential Mutual Fund?
- Documents Required To Invest in ICICI Prudential Mutual Fund
- ICICI Prudential Mutual Fund NAV
- Taxation On ICICI Prudential Mutual Fund
- Future of ICICI Prudential Mutual Fund
- Top 10 ICICI Prudential Mutual Funds to Invest In India
- FAQs – ICICI Prudential Mutual Fund
Introduction To ICICI Prudential Mutual Funds
ICICI Pru Bluechip Fund
ICICI Prudential Bluechip Fund Direct Growth is an Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993.
ICICI Pru Bluechip Fund is a Large Cap Fund with an AUM of ₹64,222.82 Crores, a 5-year CAGR of 22.28% and an expense ratio of 0.87%, with an exit load of 1%. The fund allocates 91.5% to equity, 0.4% to debt and 8.1% to cash, focusing primarily on equity growth while maintaining some liquidity and a small portion in debt for stability.
ICICI Pru Balanced Advantage Fund
ICICI Prudential Balanced Advantage Direct-Growth is a Hybrid Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993.
ICICI Pru Balanced Advantage Fund is a Balanced Advantage Fund with an AUM of ₹61,103.40 Crores, a 5-year CAGR of 15.19% and an expense ratio of 0.85%, with an exit load of 1%. The fund’s asset allocation consists of 49.6% equity, 18.6% debt and 28.8% cash, offering a balanced approach between growth, stability and liquidity.
ICICI Pru Value Discovery Fund
ICICI Prudential Value Discovery Direct Growth is an Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993.
ICICI Pru Value Discovery Fund is a Value Fund with an AUM of ₹50,154.17 Crores, a 5-year CAGR of 28.41% and an expense ratio of 0.98%, with an exit load of 1%. The fund allocates 86.1% to equity, 0.9% to debt and 13% to cash, focusing on equity investments with a small portion in debt and cash for stability and liquidity.
ICICI Pru Multi-Asset Fund
ICICI Prudential Passive Multi Asset FoF Direct Growth is a Hybrid Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993.
ICICI Pru Multi-Asset Fund is a Multi Asset Allocation Fund with an AUM of ₹48,201.26 Crores, a 5-year CAGR of 23.57% and an expense ratio of 0.72%, with an exit load of 1%. The fund allocates 54.7% to equity, 31.6% to debt and 10.7% to cash, providing a diversified strategy combining growth, income and liquidity.
ICICI Pru Liquid Fund
ICICI Prudential Liquid Fund Direct Plan-Growth is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993.
ICICI Pru Liquid Fund is a Liquid Fund with an AUM of ₹46,302.79 Crores, a 5-year CAGR of 5.34% and an expense ratio of 0.20%, with an exit load of 0.0065%. The fund is fully invested in debt at 100%, with no allocation to equity or cash, focusing solely on fixed-income securities for stability.
ICICI Pru Equity & Debt Fund
ICICI Prudential Equity & Debt Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993.
ICICI Pru Equity & Debt Fund is an Aggressive Hybrid Fund with an AUM of ₹40,095.35 Crores, a 5-year CAGR of 25.02% and an expense ratio of 0.99%, with an exit load of 1%. The fund’s asset allocation consists of 67.8% equity, 18.6% debt and 11.7% cash, offering a balanced mix of growth, stability and liquidity.
ICICI Pru Corp Bond Fund
ICICI Prudential Corporate Bond Fund Direct Plan-Growth is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993.
ICICI Pru Corp Bond Fund is a Corporate Bond Fund with an AUM of ₹26,853.66 Crores, a 5-year CAGR of 7.27% and an expense ratio of 0.35%, with no exit load. The fund allocates 96.1% to debt and 3.9% to cash, with no equity exposure, focusing primarily on fixed-income securities with some liquidity.
ICICI Pru Money Market Fund
ICICI Prudential Money Market Direct Growth is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993.
ICICI Pru Money Market Fund is a Money Market Fund with an AUM of ₹24,630.82 Crores, a 5-year CAGR of 6.01% and an expense ratio of 0.21%, with no exit load. The fund is fully invested in debt at 100%, with no allocation to equity or cash, focusing entirely on fixed-income securities for stability.
ICICI Pru Equity-Arbitrage Fund
ICICI Prudential Equity Arbitrage Direct Growth is a Hybrid Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993.
ICICI Pru Equity-Arbitrage Fund is an Arbitrage Fund with an AUM of ₹24,111.41 Crores, a 5-year CAGR of 5.88% and an expense ratio of 0.31%, with an exit load of 0.25%. The fund’s asset allocation consists of 19.8% debt and 80.2% cash, with no equity exposure, prioritizing liquidity with a small allocation to fixed-income investments.
ICICI Pru India Opp Fund
ICICI Prudential India Opportunities Fund Direct Growth is an Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993.
ICICI Pru India Opp Fund is a Thematic Fund with an AUM of ₹23,840.50 Crores, a 5-year CAGR of 31.71% and an expense ratio of 0.57%, with an exit load of 1%. The fund allocates 87% to equity, 2% to debt and 11% to cash, focusing on equity growth with a small portion in debt and cash for liquidity and stability.
What is ICICI Prudential Mutual Fund?
ICICI Prudential Mutual Fund is one of India’s largest asset management companies, offering a variety of mutual fund schemes, including equity, debt, hybrid and index funds. It aims to cater to different investor profiles, focusing on wealth creation and income generation.
Managed by experienced professionals, ICICI Prudential Mutual Fund ensures disciplined investment strategies and robust risk management. It provides customized investment solutions to meet the financial goals of both retail and institutional investors, making it a popular choice in the mutual fund market.
ICICI Prudential Mutual Fund AMC Details
ICICI Prudential Asset Management Company (AMC) is a joint venture between ICICI Bank, one of India’s leading private sector banks and Prudential Plc, a leading global financial services group. The AMC manages diverse funds across different asset classes.
ICICI Prudential AMC focuses on offering innovative and customer-centric investment products, leveraging its in-depth market expertise. It caters to various investor needs, providing schemes suitable for risk-takers, moderate investors and those seeking stable returns.
ICICI Prudential Mutual Fund History
ICICI Prudential Mutual Fund was established in 1993 as a joint venture between ICICI Bank and Prudential Plc, UK. It quickly gained prominence in the Indian mutual fund industry, offering various investment options to investors.
In its early years, the fund house focused on introducing equity and debt schemes, which gained investor trust through consistent performance. As India’s economy grew, ICICI Prudential Mutual Fund expanded its offerings, keeping pace with evolving market trends.
By the 2000s, ICICI Prudential became a market leader, driven by innovation, superior fund management and investor-friendly practices. It introduced systematic investment plans (SIPs), making mutual funds accessible to a wider audience.
Today, ICICI Prudential Mutual Fund is one of India’s largest asset management companies, managing a diverse range of mutual fund schemes across equity, debt and hybrid categories. It is known for its robust investment strategies and commitment to investor goals.
ICICI Prudential Mutual Fund Managers
- Sankaran Naren: Chief Investment Officer at ICICI Prudential, Sankaran Naren is known for his contrarian investment style and expertise in equity markets, focusing on long-term growth and value-driven investments.
- Manish Banthia: A fund manager specializing in fixed-income securities, Manish Banthia manages debt funds, prioritizing risk management and maximizing returns through a disciplined approach to interest rates and credit risk.
- Anupam Tiwari: An equity fund manager at ICICI Prudential, Anupam Tiwari focuses on mid-cap and small-cap stocks. His investment philosophy revolves around identifying growth opportunities in under-researched sectors.
- Priyanka Khandelwal: A debt fund manager, Priyanka Khandelwal handles short-term and long-term debt funds, concentrating on generating stable returns while managing liquidity and credit risks efficiently.
- Sanket Naren: Sanket Naren manages hybrid and balanced funds at ICICI Prudential, blending equity and debt strategies to provide investors with balanced risk and return, catering to conservative and growth-oriented investors.
ICICI Prudential Mutual Fund Portfolio
ICICI Prudential Mutual Fund Portfolio offers a wide array of equity, debt and hybrid funds to suit various investor needs. The equity funds focus on long-term capital appreciation, with investments in large-cap, mid-cap and small-cap stocks.
The debt portfolio ensures stability and income through a variety of bond and money market funds. ICICI Prudential’s hybrid funds combine equity and debt, providing diversified strategies for balanced growth and risk management.
Types of Mutual Funds Offered in ICICI Prudential Mutual Fund
The main types of mutual funds offered by ICICI Prudential Mutual Fund include equity, debt, hybrid and solution-oriented funds. Each category caters to different investor goals and risk profiles.
- Equity Funds: These funds invest in stocks and focus on long-term capital appreciation. They are suitable for investors seeking higher returns with moderate to high risk over a longer investment horizon.
- Debt Funds: Debt funds invest in bonds and money market instruments, providing stable returns with lower risk. These are ideal for conservative investors looking for consistent income with low volatility.
- Hybrid Funds: Hybrid funds combine both equity and debt, offering a balance between growth and income. They cater to investors seeking a moderate risk-reward balance, with diversified asset allocations.
- Solution-Oriented Funds: These funds are designed for specific financial goals, such as retirement or children’s education. They offer tailored investment strategies to help investors achieve their long-term financial objectives with structured planning.
Best ICICI Prudential Mutual Fund Based On Expense Ratio
The table below shows the Best ICICI Prudential Mutual Fund Based On Expense Ratio and Minimum SIP.
| Name | Expense Ratio % | Minimum SIP Rs. |
| ICICI Pru Overnight fund-Direct Plan-Unclaimed IDCW Transitory Scheme | 0.00 | 500.00 |
| ICICI Pru Overnight fund-Direct Plan-Unclaimed IDCW Stable Scheme | 0.00 | 500.00 |
| ICICI Pru Overnight fund-Direct Plan-Unclaimed Redemption Stable Scheme | 0.00 | 500.00 |
| ICICI Pru Overnight fund-Direct Plan-Unclaimed Redemption IDCW Transitory Scheme | 0.00 | 500.00 |
| ICICI Pru FMP-85-10Y-I | 0.00 | 100.00 |
| ICICI Pru FMP-88-1226D-F | 0.00 | 100.00 |
| ICICI Pru FMP-88-1303D-S | 0.00 | 100.00 |
| ICICI Pru Asset Allocator Fund | 0.07 | 1,000.00 |
| ICICI Pru Regular Gold Savings Fund | 0.09 | 500.00 |
| ICICI Pru Overnight Fund | 0.10 | 500.00 |
Top performing ICICI Prudential Mutual Fund To Invest In Based On 3Y CAGR
The table below shows Top top-performing ICICI Prudential Mutual Fund To Invest In Based On 3Y CAGR and Minimum SIP.
| Name | CAGR 3Y % | Minimum SIP Rs. |
| ICICI Pru Bharat 22 FOF | 35.99 | 100.00 |
| ICICI Pru Infrastructure Fund | 35.21 | 100.00 |
| ICICI Pru Manufacturing Fund | 28.62 | 100.00 |
| ICICI Pru Dividend Yield Equity Fund | 27.56 | 5,000.00 |
| ICICI Pru India Opp Fund | 27.20 | 5,000.00 |
| ICICI Pru Retirement Fund-Pure Equity Plan | 26.99 | 100.00 |
| ICICI Pru Business Cycle Fund | 24.20 | 100.00 |
| ICICI Pru Bharat Consumption Fund | 23.88 | 100.00 |
| ICICI Pru Value Discovery Fund | 23.83 | 5,000.00 |
| ICICI Pru LT Wealth Enhancement Fund | 23.76 | 100.00 |
ICICI Prudential Mutual Fund List Based On Exit Load
The table below shows the ICICI Prudential Mutual Fund List Based On Exit Load and AMC.
| Name | AMC | Exit Load % |
| ICICI Pru Bharat 22 FOF | ICICI Prudential Asset Management Company Limited | 0.00 |
| ICICI Pru Retirement Fund-Pure Equity Plan | ICICI Prudential Asset Management Company Limited | 0.00 |
| ICICI Pru LT Wealth Enhancement Fund | ICICI Prudential Asset Management Company Limited | 0.00 |
| ICICI Pru Retirement Fund-Hybrid Aggressive Plan | ICICI Prudential Asset Management Company Limited | 0.00 |
| ICICI Pru Nifty Next 50 Index Fund | ICICI Prudential Asset Management Company Limited | 0.00 |
| ICICI Pru Nifty Alpha Low – Volatility 30 ETF FOF | ICICI Prudential Asset Management Company Limited | 0.00 |
| ICICI Pru Child Care Fund-Gift Plan | ICICI Prudential Asset Management Company Limited | 0.00 |
| ICICI Pru ELSS Tax Saver Fund | ICICI Prudential Asset Management Company Limited | 0.00 |
| ICICI Pru Nifty 100 Low Volatility 30 ETF FOF | ICICI Prudential Asset Management Company Limited | 0.00 |
| ICICI Pru Nifty 50 Index Fund | ICICI Prudential Asset Management Company Limited | 0.00 |
ICICI Prudential Mutual Fund Returns
The table below shows ICICI Prudential Mutual Fund Returns based on 1Y CAGR.
| Name | Absolute Returns – 1Y % |
| ICICI Pru PSU Equity Fund | 72.65 |
| ICICI Pru Nifty Next 50 Index Fund | 67.83 |
| ICICI Pru Nifty Auto Index Fund | 64.32 |
| ICICI Pru Pharma Healthcare & Diagnostics (P.H.D) Fund | 62.36 |
| ICICI Pru Nifty 200 Momentum 30 Index Fund | 60.09 |
| ICICI Pru Infrastructure Fund | 59.98 |
| ICICI Pru Transportation and Logistics Fund | 59.24 |
| ICICI Pru Manufacturing Fund | 58.45 |
| ICICI Pru Innovation Fund | 58.07 |
| ICICI Pru Nifty Alpha Low – Volatility 30 ETF FOF | 56.82 |
Factors To Consider When Investing In ICICI Prudential Mutual Fund
The main factors to consider include your financial goals, risk tolerance, time horizon and fund performance. Evaluating these factors ensures you make informed decisions when selecting the right mutual fund for your portfolio.
- Financial Goals: Assess whether the fund aligns with your short-term or long-term objectives, such as wealth creation, income generation, or retirement planning. Choose funds that match your specific financial needs and time frame.
- Risk Tolerance: Understand your risk appetite before investing. Equity funds are suitable for high-risk investors, while debt or hybrid funds may be better for those seeking lower volatility with moderate returns.
- Time Horizon: Consider your investment time frame. Longer horizons generally favour equity funds, while shorter-term investors may benefit from debt or money market funds that offer more stability and liquidity.
- Fund Performance: Review the historical performance of the fund, including returns and volatility. Consistent long-term returns indicate strong management but remember that past performance is not a guarantee of future results.
Features Of The ICICI Prudential Mutual Fund
The main features include diverse fund options, professional management, flexible investment plans and risk management strategies. These features help investors customize their portfolios according to their needs while minimizing risks.
- Diverse Fund Options: ICICI Prudential offers a wide range of funds, including equity, debt, hybrid and thematic funds, providing ample choice to investors across risk profiles and financial goals.
- Professional Management: The funds are managed by experienced fund managers who use research-driven strategies to optimize returns and manage risks, ensuring investors’ money is handled efficiently.
- Flexible Investment Plans: Investors can choose between lump-sum investments or SIPs, offering flexibility in terms of investment amounts and frequency, making it suitable for all kinds of investors.
- Risk Management Strategies: The mutual fund employs various risk management techniques, including asset diversification, to mitigate risks and provide more stable returns to investors over the long term.
Benefits Of ICICI Prudential Mutual Fund
The main benefits include portfolio diversification, professional fund management, potential for wealth creation and tax-saving options. These benefits make ICICI Prudential Mutual Fund an attractive choice for investors seeking growth, income, or savings.
- Portfolio Diversification: Investing in these funds provides diversification across asset classes, sectors and geographies, reducing overall portfolio risk and enhancing the potential for stable returns.
- Professional Fund Management: Experienced fund managers oversee the investment process, making informed decisions based on market trends, economic factors and thorough research, ensuring optimal returns for investors.
- Wealth Creation: Long-term investments in equity and hybrid funds can lead to substantial wealth creation, making ICICI Prudential Mutual Fund suitable for investors with a growth-focused strategy.
- Tax-Saving Opportunities: ELSS funds under ICICI Prudential offer tax deductions under Section 80C, providing investors with opportunities to save on taxes while aiming for long-term growth.
Risks Of Investing In Top Performing ICICI Prudential Mutual Fund
The main risks include market volatility, interest rate risk, credit risk and liquidity risk. While top-performing funds offer the potential for high returns, investors must be aware of associated risks to manage expectations.
- Market Volatility: Equity-oriented funds are subject to market fluctuations. During periods of high volatility, these funds may experience short-term losses, affecting overall portfolio value.
- Interest Rate Risk: Debt funds are sensitive to changes in interest rates. Rising interest rates can reduce bond prices, impacting the performance of debt-based mutual funds negatively.
- Credit Risk: For debt funds, there is a possibility that issuers of bonds may default on payments. This risk can impact the returns of funds that invest in lower-rated debt instruments.
- Liquidity Risk: Some mutual funds may invest in less liquid assets, making it difficult to redeem funds quickly without affecting the net asset value (NAV). This may hinder access to funds during emergencies.
How To Invest In ICICI Prudential Mutual Fund?
To invest in ICICI Prudential Mutual Fund, open a Demat and trading account with Alice Blue or directly on the fund’s website. Complete the KYC process, select the desired fund and choose between SIP or lump-sum investment options.
Documents Required To Invest in ICICI Prudential Mutual Fund
To invest in ICICI Prudential Mutual Fund, you need KYC documents such as your PAN card, Aadhaar card and a recent passport-sized photograph. Address proof, such as a utility bill or bank statement, may also be required.
You may also need to provide your bank account details, including a cancelled cheque, for the auto-debit mandate. For NRIs, additional documents like an overseas address and passport copy may be necessary for investment.
ICICI Prudential Mutual Fund NAV
The NAV (Net Asset Value) of ICICI Prudential Mutual Fund represents the per-unit value of a fund’s assets after deducting liabilities. It reflects the performance of the fund and fluctuates daily based on the underlying investments.
Investors can monitor the NAV of their chosen fund to track its growth or decline over time. The NAV is a crucial factor in determining the purchase or redemption value of mutual fund units.
Taxation On ICICI Prudential Mutual Fund
Equity-oriented ICICI Prudential Mutual Funds are subject to a long-term capital gains tax of 10% on gains exceeding ₹1 lakh and short-term gains are taxed at 15%. Debt funds are taxed based on the investor’s income tax slab for short-term holdings.
For long-term holdings in debt funds, a 20% tax with indexation benefits is applicable. Additionally, dividends from mutual funds are taxed according to the investor’s income tax slab since the Dividend Distribution Tax (DDT) has been abolished.
Future of ICICI Prudential Mutual Fund
The future of ICICI Prudential Mutual Fund looks promising as it continues to evolve with market trends. With a focus on diversification, technology-driven solutions and sustainable investing, the fund house aims to stay competitive in the growing mutual fund industry.
As more investors shift towards mutual funds for wealth creation and financial planning, ICICI Prudential’s strong management and diverse offerings position it well to capitalize on this trend, driving further growth and market presence.
Top 10 ICICI Prudential Mutual Funds to Invest In India
The table below shows the Top 10 ICICI Prudential Mutual Funds to Invest In India based on 5Y CAGR.
| Name | CAGR 5Y % |
| ICICI Pru Pharma Healthcare & Diagnostics (P.H.D) Fund | 34.21 |
| ICICI Pru Infrastructure Fund | 33.93 |
| ICICI Pru Smallcap Fund | 32.11 |
| ICICI Pru India Opp Fund | 31.71 |
| ICICI Pru Manufacturing Fund | 30.51 |
| ICICI Pru Technology Fund | 30.35 |
| ICICI Pru Dividend Yield Equity Fund | 29.18 |
| ICICI Pru Value Discovery Fund | 28.41 |
| ICICI Pru Midcap Fund | 28.15 |
| ICICI Pru Thematic Advantage Fund | 27.95 |
FAQs – ICICI Prudential Mutual Fund
ICICI Prudential Mutual Fund is one of India’s largest asset management companies, offering a wide range of equity, debt, hybrid and solution-oriented mutual fund schemes for diverse investor needs.
ICICI Prudential Mutual Fund offers over 60 mutual fund schemes across various categories, including equity, debt, hybrid and thematic funds, providing options for every type of investor.
Top Performing Funds of ICICI Prudential Mutual Fund # 1: ICICI Pru Bluechip Fund
Top Performing Funds of ICICI Prudential Mutual Fund # 2: ICICI Pru Balanced Advantage Fund
Top Performing Funds of ICICI Prudential Mutual Fund # 3: ICICI Pru Value Discovery Fund
Top Performing Funds of ICICI Prudential Mutual Fund # 4: ICICI Pru Multi-Asset Fund
Top Performing Funds of ICICI Prudential Mutual Fund # 5: ICICI Pru Liquid Fund
Top Performing funds of ICICI Prudential Mutual Fund based on AUM.
The minimum investment for ICICI Prudential Mutual Fund is ₹100 for SIPs, making it accessible to investors looking to start small and gradually build their portfolio.
SIP returns for ICICI Prudential Mutual Fund vary depending on the scheme, with annualized returns ranging from 7% to 15%, depending on market performance and the selected fund’s category.
To start an ICICI Prudential Mutual Fund SIP online using Alice Blue as the broker, first open an account with Alice Blue, complete the KYC process, select the desired fund and set up an auto-debit mandate for systematic investments.
To increase the SIP amount, log in to your account on the ICICI Prudential website or broker platform, select “modify SIP,” and update the desired amount for future monthly contributions.
To redeem the ICICI Prudential Mutual Fund, log in to your account, select the fund, enter the redemption amount and submit the request. The amount is credited to your bank within 3-4 days.
ICICI Prudential Mutual Fund schemes are not entirely tax-free. ELSS funds offer tax benefits under Section 80C, while other schemes are subject to capital gains tax depending on holding periods.
ICICI Prudential Mutual Funds are suitable for investors seeking long-term growth, diversification and professional management. However, investors should assess their risk tolerance before making decisions.
Investments in ICICI Prudential Mutual Fund are relatively safe but subject to market risks. Funds are professionally managed, but returns depend on market performance and investor risk appetite.
Yes, NRIs can invest in ICICI Prudential Mutual Funds by completing KYC and using NRE or NRO accounts, subject to Indian regulatory guidelines for NRI investments.
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Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
