Best Performing ICICI Prudential Mutual Funds for SIP

ICICI Prudential Mutual Fund is an elite asset management company in India which has offered a variety of schemes to the investors and assisted millions of investors in the unimpaired financial planning to achieve individual goals. The best ICICI Prudential Mutual Fund for SIP enables a disciplined investor to gain superior returns in the long term.

Top Performing ICICI Mutual Funds

ICICI Prudential Mutual Fund has enjoyed the rank of being the largest and foremost mutual fund asset management company in India for a long time. A large number of top-performing mutual funds of ICICI Pru MF have contributed the AMC to be among the best in the business. The combination of national and international experience of ICICI Bank and Prudential Plc, respectively, in the mutual fund industry has worked wonders for the joint venture. Since inception in 1998, the AMC has always followed investor-centric approach and came up with innovative schemes to match with the growing needs of the various types of investors. Today, it offers a wide variety of top ICICI Mutual Funds in the category of equity, debt, hybrid and solution-oriented funds.

Top ICICI Prudential Mutual Funds in Equity Category

Equity schemes endeavour to provide high returns in the long term. The best equity mutual funds of ICICI Prudential have the potential to deliver exponential returns in future like they have done in the past at a reasonable risk. These schemes are suited to long-term investors and are chosen after intense analysis of a large number of funds. As the corpus of these schemes is invested in equity instruments, it is important to check the suitability of the fund along with multiple factors concerning the fund. These top ICICI Prudential Mutual Funds in equity category have been chosen after comprehensive analysis by our research team.

Top ICICI Prudential Mutual Funds in Debt Category

The debt schemes of ICICI Prudential Mutual Fund aims to generate regular capital appreciation on the invested amount through a low-risk portfolio. The debt securities ensure fixed income while the risk associated is minimal. These schemes can be used by conservative investors as a better alternative of FDs and RDs. The best ICICI Mutual Fund debt schemes invest in securities of low-rate sensitivity and higher credit ratings. Depending on the maturity period of the instruments and the type of securities, these are further divided into various categories. Some of the best ICICI Prudential Mutual Fund debt schemes have been selected by our experts which are among the best in India.

Top ICICI Prudential Mutual Funds in Hybrid Category

The hybrid schemes use equity as well as debt instruments to provide capital appreciation to the investors. The equity tools work upon income generation while the debt securities seek to generate regular income and minimise the volatility. The best performing ICICI Mutual Fund hybrid schemes are managed by experienced managers and can be used by new investors who are not certain of their risk appetite.

How to Select the Best Fund of ICICI Prudential Mutual Fund?

To select a better scheme to invest, it is important to know the basic details of the fund. If the investor is investing for oneself without taking any assistance, it gets even more important to know how to select a better scheme. Our research team use the following parameters to distinguish the best ICICI Mutual Fund for SIP from the ordinary ones.

1. Stability

The performance of the fund in the ups and downs of the equity market trends needs to be carefully analysed and compared with peers and indexes. A fund which has been consistent regardless of the market conditions is considered a better performer. However, this should not be the only parameter to consider as the performance in the past doesn’t ensure a bright future of the fund.

2. Risk Vs Return

Equity schemes possess high risk because the corpus is invested in the stock market which can fluctuate due to multiple reasons. It is essential to check if the fund you are choosing is worthy of the risk involved or not. How much return has been generated at the cost of what risk, can be easily perceived by the Sharpe and Sortino ratios. These ratios can further be compared with that of benchmark and category’s average to select the best scheme.

3. Portfolio Structure

The best funds of ICICI Prudential Mutual Fund reveal their portfolio on a regular basis. This portfolio can be analysed by checking the quality and prospect of instruments present. The portfolio also depicts the investment strategy of the fund whose suitability can be checked by the investor.

4. Fund Manager

The fund manager plays a key role in shaping the outcome of a mutual fund. The best performing mutual funds of ICICI Prudential Mutual Fund are managed by experienced and professional fund managers. The strategies of a manager are directly responsible for the fund’s outcome. The performance of the fund manager under different market conditions must be checked along with the performance of other schemes managed by the same manager.

Why Invest in the Best ICICI Prudential Mutual Fund SIP?

ICICI is an elite brand in the field of financial services. In the field of asset management, it has added several laurels in a short span by providing outstanding schemes and maintaining the reputation of a top player. It has won the trust of millions of successful investors through quality customer services and investor-centric approach. By choosing the best fund of ICICI Prudential Mutual Fund for SIP, one can secure the financial future and enhance the monthly savings with high returns. Choosing the best scheme to invest the hard-earned money is an important step and must not be neglected or taken lightly. Investors must spend enough time for the research or take assistance of a trustworthy expert to select the best scheme of ICICI Mutual Fund.

For better suggestions regarding personal investment objective, investors can take the assistance of our financial experts. They can also reduce the time and effort involved in paperwork to invest in the favourite or most suitable mutual fund scheme.