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ICICI Prudential Mutual Fund: NAV, Performance & Latest MF Schemes

ICICI Prudential Asset Management Company Ltd is a leading asset management company (AMC) in India focused on bridging the gap between savings & investments and creating long-term wealth for investors through a range of simple and relevant investment solutions.

The AMC is a joint venture between ICICI Bank, a well-known and trusted name in financial services in India and Prudential Pie, one of the UK’s largest players in the financial services sectors. Throughout these years of the joint venture, the company has forged a position of pre-eminence in the Indian Mutual Fund industry.

The AMC manages significant Assets under Management (AUM) in the mutual fund segment. The AMC also caters to Portfolio Management Services for investors, spread across the country, along with International Advisory Mandates for clients across international markets in asset classes like Debt, Equity and Real Estate.

The AMC has witnessed substantial growth from two locations and six employees at the inception of the joint venture in 1998 to a current strength of 1926 employees with a reach across over 300 locations reaching out to an investor base of 6.2million investors (as of September 30, 2020). The company’s growth momentum has been exponential, and it has always focused on increasing accessibility for its investors.

Driven by an entirely investor-centric approach, the organisation today is a suitable mix of investment expertise, resource bandwidth and process orientation. The AMC endeavours to simplify its investor’s journey to meet their financial goals and give a good investor experience through innovation, consistency and sustained risk-adjusted-performance.

The AMC has two decades of rich experience in fund management and stills going strong. Over 62 lakh investors have trusted their finances with them. The Asset Under Management is INR 4,05,220.91  Cr as of March 31, 2021, and it has over 68 mutual fund schemes offering an array of investment opportunities.

Some of the well-known equity schemes from its stable are ICICI Prudential Bluechip Fund, ICICI Prudential Multicap Fund, ICICI Prudential Midcap Fund etc., ICICI Prudential Mutual Fund also offers some good debt funds. Some of the prominent debt schemes are ICICI Prudential All Seasons Bond Fund, ICICI Prudential Debt Management Fund, ICICI Prudential Credit Risk Fund etc., ICICI Prudential Equity & Debt Fund, ICICI Prudential Balanced Advantage Fund and ICICI Prudential Regular Savings Fund are prominent names in hybrid schemes category. The percentage of schemes beating the benchmark across its various categories for a one-year time period collectively is approx. 72% as of February 28, 2021.

ICICI Prudential Mutual Fund has a large team of good fund managers. The fund house’s growth momentum has been exponential and is driven by an entirely investor centric approach. The AMC endeavours to simplify its investors’ journey to accomplish their financial goals and provide a high-quality investor experience through innovation, consistency and sustained risk-adjusted-performance.

Important Information about ICICI Prudential Mutual Fund

Name of the AMCICICI Prudential Asset Management Company Ltd
Incorporation Date22 June 1993
SponsorsPrudential Plc and ICICI Bank Ltd.
TrusteeICICI Prudential Trust Ltd.
Trustees’ NameMr P.H.Ravikumar Mr Jyotin Mehta Mr R. Ranganakulu Jagarlamudi Mr Pramod Rao Mr Lakshmi Kumar Mylavarapu  
MD/CEOMr Nimesh Shah
CIOMr Sankaran Naren
Compliance OfficerMr Rakesh Shetty
Chief Investment OfficerMr Sankaran Naren
Registrar and Transfer agentComputer Age Management Services (P) Limited (CAMS) Unit : ICICI Prudential Mutual Fund
Spencer Plaza, Phase II,
S49A, 172, Anna Salai,
Chennai – 600 002.India   Contact Person: S V Karthick Babu   1800-419-2267 (Toll-free anywhere in India)
044 66073600 (Chargeable)   Email: ICICI Prudential Mutual Fund @ CAMS
Toll-free Number 1800-200-6666 1800-222-999
Email Addressenquiry@icicipruamc.com
Registered AddressICICI Prudential Mutual Fund 1201-1212, Narian Manzil, 23, Barakhamba Road, Connaught Place, New Delhi, Delhi NCR – 110001

Ten Top-Performing ICICI Prudential Mutual Fund Schemes

  1. ICICI Prudential Technology Fund (Category- Equity: Thematic/Sectoral)
  2. ICICI Prudential Bluechip Fund (Category- Equity: Large Cap)
  3. ICICI Prudential Focused Equity Fund (Category- Equity: Growth)
  4. ICICI Prudential Long Term Equity Fund (Tax Saving) (Category- Equity: ELSS)
  5. ICICI Prudential Sensex Index Fund (Category- Equity: Growth)
  6. ICICI Prudential Value Discovery Fund (Category- Equity: Growth)
  7. ICICI Prudential Multicap Fund (Category- Equity: Multi-Cap)
  8. ICICI Prudential Banking And Financial Services Fund (Category- Equity:
    Direct Growth)
  9. ICICI Prudential Large & Mid Cap Fund (Category- Equity: Long Duration)
  10. ICICI Prudential MidCap Fund (Category- Equity: Multi-Cap)

1. ICICI Prudential Technology Fund (Category- Equity: Thematic/Sectoral)

This is ideal to generate capital appreciation by creating a portfolio that is invested in equity and equity-related securities of technology and technology-dependent companies. 

Key Information

Minimum InvestmentINR 5,000      
Minimum Additional Investment INR 1,000
Minimum SIP InvestmentINR 1000
Entry LoadNil 
Exit LoadIf units purchased or switched in from another scheme of the fund are redeemed or switched out within 15 days from the date of allotment 1% of applicable NAV.
Return Since Inception11.96 (Growth) (Date of Inception: March 3, 2000).


NAVINR 109.04 (April 20, 2021) (Growth)


AUMINR 1817.80 Cr (As on March 31, 2021)

2. ICICI Prudential Bluechip Fund (Category- Equity: Large Cap)

ICICI Prudential Bluechip Fund, an open-ended equity scheme, invests predominantly in large-cap stocks. The scheme provides growth and stability to your portfolio as it invests in bluechip stocks, which are market leaders in their industry. The stocks are well-diversified across sectors.

Key Information

Minimum InvestmentINR 100      
Minimum Additional Investment INR 100
Minimum SIP InvestmentINR 100
Entry LoadNil 
Exit Load1% of NAV for 365 Days. After one year Nil
Return Since Inception13.64 % (Growth) (Date of Inception: May 23, 2008).


NAVINR 52.15 (April 20, 2021) (Direct -Growth)


AUMINR 26467.80Cr (As on March 31, 2021)

3. ICICI Prudential Focused Equity Fund (Category- Equity: Growth)

This is an open-ended equity scheme, investing in maximum of 30 stocks.  across market capitalisation.

Key Information

Minimum InvestmentINR 5000    
Minimum Additional Investment INR 5000
Minimum SIP InvestmentINR 100
Entry LoadNil 
Exit Load1% of NAV for 365 Days. After one year Nil
Return Since Inception12.04% (Growth) (Date of Inception: May 28, 2009).


NAVINR 38.92 (April 20, 2021) (Direct -Growth)


AUMINR 1216.87 Cr (As on March 31, 2021)

4. ICICI Prudential Long Term Equity Fund (Tax Saving) (Category- Equity: ELSS)

This is an equity-linked saving scheme (ELSS), comes with tax benefits as per section 80C of the Income Tax Act, 1961. The fund aims at generating long-term capital growth and invests primarily in equity & equity-related securities of companies.

Key Information

Minimum InvestmentINR 500    
Minimum Additional Investment INR 500
Minimum SIP InvestmentINR 100
Entry LoadNil 
Exit LoadNil
Return Since Inception19.43% (Growth) (Date of Inception: August 19, 1999).


NAVINR  471.58 (April 20, 2021) (Direct -Growth)


AUMINR 8310.40 Cr (As on March 31, 2021)


5. ICICI Prudential Sensex Index Fund (Direct: Growth)

The important benefit of investing in this fund is that you gain exposure towards equities of top-performing stocks across all sectors. Investing in this fund is a better way of diversifying your portfolio. However, as this fund invests only in stocks, the fund may have a direct impact on the market conditions.

Key Information

Minimum InvestmentINR 100    
Minimum Additional Investment INR 100
Minimum SIP InvestmentINR 100
Entry LoadNil 
Exit LoadNil
Return Since Inception11.99% (Growth) (Date of Inception: Sep 21, 2017).


NAVINR  15.11 (April 20, 2021) (Direct -Growth)


AUMINR 248.40 Cr (As on March 31, 2021)


6. ICICI Prudential Value Discovery Fund (Category- Equity: Growth)

This is an equity mutual fund that invests in value stocks. It is an open-ended scheme, it invests in stocks that are undervalued and are expected to perform well in the coming days.  As this scheme invests in value stocks, you may get ahigh sale price, and the gains can be big when the market is doing well.

Key Information

Minimum InvestmentINR 1000    
Minimum Additional Investment INR 500
Minimum SIP InvestmentINR 500
Entry LoadNil 
Exit Load1% of NAV for 365 Days. After one year Nil
Return Since Inception19.39% (Growth) (Date of Inception: August 16, 2004).


NAVINR  192.77 (April 20, 2021) (Direct -Growth)


AUMINR 17798.55 Cr (As on March 31, 2021)

7. ICICI Prudential Multicap Fund (Category- Equity: Multi-Cap)

This is a scheme that aims at capital appreciation by investing assets in equity and equity-related instruments across large-cap, mid-cap, and small cap stocks from a wide range of industries.

Key Information

Minimum InvestmentINR 5000    
Minimum Additional Investment INR 1000
Minimum SIP InvestmentINR 500
Entry LoadNil 
Exit Load1% of NAV for 365 Days. After one year Nil
Return Since Inception14.28 % (Growth) (Date of Inception: Oct1, 1994).


NAVINR  349.72 (April 20, 2021) (Direct -Growth)


AUMINR 5890.42 Cr (As on March 31, 2021)

8. ICICI Prudential Banking And Financial Services Fund (Category- Equity: Growth)

This is an open-ended equity mutual fund that invests predominantly in the stocks of companies operating in the financial sector. The returns from this mutual fund scheme is comparatively stabler than other mutual fund plans.

Key Information

Minimum InvestmentINR 5000    
Minimum Additional Investment INR 1000
Minimum SIP InvestmentINR 500
Entry LoadNil 
Exit Load1% for 15 Days
Return Since Inception16.33% (Growth) (Date of Inception: Aug 22, 2008).


NAVINR  69.24 (April 20, 2021) (Direct -Growth)


AUMINR 3865.10 Cr (As on March 31, 2021)

9. ICICI Prudential Large & Mid Cap Fund (Category- Equity: Long Duration)

This is an open-ended equity scheme, aims to generate long-term capital growth scheme that predominantly invests in equity and equity-related securities of large-cap and mid-cap companies. This is suitable for conservative investors expecting high returns with medium-term goals, such as wealth creation through SIPs.

Key Information

Minimum InvestmentINR 5000    
Minimum Additional Investment INR 1000
Minimum SIP InvestmentINR 1000
Entry LoadNil 
Exit Load1% for 15 Days
Return Since Inception17.59% (Growth) (Date of Inception: July 9, 1998).


NAVINR  403.08 (April 20, 2021) (Direct -Growth)


AUMINR 3752.71 Cr (As on March 31, 2021)

10. ICICI Prudential MidCap Fund (Category- Equity: Direct Plan -Growth):  

This fund provide investors with returns in the form of capital appreciation. This mutual fund scheme invests majorly in midcap stocks. The portfolio is a diversified one, as it invests in stocks across all sectors.

Key Information

Minimum InvestmentINR 5000    
Minimum Additional Investment INR 1000
Minimum SIP InvestmentINR 1000
Entry LoadNil 
Exit Load1% for 365 Days
Return Since Inception15.49 % (Growth) (Date of Inception: Oct 28, 2004).


NAVINR  124.18 (April 20, 2021) (Direct -Growth)


AUMINR 2338.33 Cr (As on March 31, 2021)

How Can You Invest in ICICI Prudential Mutual Fund Via EduFund?

Investing in ICICI Prudential Mutual Fund via Edufund is a simple, four-step process. 

Step 1  – Download the EduFund App from Google Play Store or Apple App Store and create an online account.

Step 2 –  Select a Scheme – Browse a wide range of ICICI Prudential Mutual Fund schemes and choose the right scheme suiting your financial goals. You may invest in a Systematic Investment Plan (SIP) or a lump sum. The inbuilt recommendation engine suggests the best scheme for your financial objectives.

Step 3 – View and Track Your Transaction(s) – The amount you have invested will reflect in your EduFund account within four working days. You can track the ICICI Prudential Mutual Fund NAV, account balance, statement, and other information in the app. Alternatively, you can purchase, redeem, or switch ICICI Prudential Mutual Fund units.

Step 4 – Speak With a Mutual Fund Counsellor – You can connect with a mutual fund consultant to share your goals and get personalised advice. 

EduFund uses top-class authentication and encryption technologies to ensure bank-like secured transactions and safeguard your investments.  

Nine Best Performing Fund Managers at ICICI Prudential Mutual Fund

The fund managers play a significant role in driving value and generating growth. The following are some of the best-performing fund managers in ICICI Prudential Asset Management Company whose funds have consistently churned out the best returns. 

1. Mr Sankaran Naren

S Naren joined ICICI Prudential AMC in October 2004.

As ED & CIO, Naren oversees the entire investment function across the mutual fund and International advisor business. He is instrumental in the overall investment strategy development and execution.

He has a rich experience of around 31 years in almost all spectrum of the financial services industry ranging from investment banking, fund management, equity research, and stockbroking operations.

His qualifications include a B Tech degree from IIT Chennai and MBA (Finance) from IIM Kolkata.

2. Mr Rahul Goswami

Rahul has re-joined ICICI Prudential AMC now as CIO of Fixed Income.

He has been earlier associated with the AMC for the period July 2004 to October 2009 as Co-Head-Fixed Income. In his earlier stint, he was responsible for managing 8 debt funds with prime responsibility on Govt. Bonds and Corporate Bonds trading and involved monitoring of factors like key economic developments, market liquidity, Forex movement.

He has an overall experience of over 24 years. In his previous role with Standard Chartered bank, he was a Senior Rates Trader & Head of Primary Dealership Desk.

Rahul currently manages 8 funds at ICICI Prudential, i.e. ICICI Prudential Liquid Plan, ICICI Prudential Flexible Income Plan, ICICI Prudential Floating Rate Fund, ICICI Prudential Banking & PSU Debt Fund, ICICI Prudential Medium Term Plan, ICICI Prudential Gilt Fund(All Options). ICICI Prudential Multiple Yield Fund and ICICI Prudential Capital Protection Oriented Fund.

Rahul holds a Bachelors degree in Science and an MBA from Bhopal University. Besides Standard Chartered Bank, he has worked with various other organisations like Franklin Templeton, UTI Bank, SMIFS Securities, Khandwala Finance Ltd and RR Financial Consultants.

With over 20 years of experience, he handles an AUM of INR 1,64,265 Cr and 73 schemes (Feb 28,2021).

3. Mr Rohan Maru

Rohan joined ICICI Prudential AMC in November 2012. As a fund manager, he handles ICICI Prudential Corporate Bond Fund and ICICI Prudential Liquid ETF, along with co-managing ICICI Prudential Liquid Fund, ICICI Prudential Savings Fund, ICICI Prudential Overnight Fund and ICICI Prudential Global Stable Equity Fund. He also manages the Indian debt portion in ICICI Prudential US Bluechip Equity Fund. Previously, he was a Dealer – Corporate Bonds of the fund house. With an experience of over 10 years, he was associated with Kotak Mutual Funds and Integreon Managed Solutions. He holds a Master of Commerce from Mumbai University and a PGDBA from MET Mumbai.

With over 8 years of experience, he manages an AUM of INR 1,09,378 Cr and 34 schemes (Feb 28,2021).

4. Mr Rajat Chandak

He manages/co-manages several flagship funds, including ICICI Prudential Bluechip Fund, ICICI Prudential Value Fund (Series 4 & 11), ICICI Prudential Bharat Consumption Fund (Series 4), ICICI Prudential Long Term Wealth Enhancement Fund, ICICI Prudential R.I.G.H.T. Fund, ICICI Prudential Regular Savings Fund and ICICI Prudential Balanced Advantage Fund. He started his career with ICICI Prudential AMC and has been with the AMC ever since. He carries an overall work experience of more than 10 years. He completed B.Com from Sydenham College of Commerce and Economics in 2005 and an MBA in Finance from the Institute for Financial Management and Research (IFMR) in 2008. Over eight years of experience, he has an AUM of  INR 63,689 Cr under his management and 17 schemes (Feb 28,2021).

5. Mr Kayzad Eghlim

Mr Eghlim has over 29 years of experience and is a B.Com (H) and M Com. Prior to joining ICICI Prudential AMC, he has worked with IDFC Investment Advisors Ltd., Prime Securities and Canara Robeco Mutual Fund. He manages an AUM of INR 13,439 Cr and 20 schemes.

6. Mr Vaibhav Dusad

Mr Dusad has done B. Tech, M.Tech and MBA. Prior to joining ICICI Prudential AMC Ltd, he has worked with Morgan Stanley, HSBC Global Banking and Markets, CRISIL, Zinnov Management Consulting and Citibank Singapore.

He manages an AUM of INR 27,445 Cr and 7 schemes (Feb 28,2021).

7. Mr Mittul Kalawadia

As a fund manager, Mittul currently manages multiple funds at ICICI Prudential AMC. Prior to being a fund manager, he was a research analyst for multiple key sectors. He started his career with ICICI Prudential AMC and has garnered an overall work experience of 11 years. His core competency lies in portfolio management and security analysis. By qualification, he is a Chartered Accountant. With over 10 years of experience, he manages an AUM of INR 17,546 Cr and 11 schemes (Feb 28,2021).

8. Mr Prakash Gaurav Goel

Mr Goel is a Chartered Accountant & Bachelor of Commerce Prior to joining ICICI Prudential Mutual fund, he has worked with IREVNA Research & Hindustan Unilever. He manages an AUM of INR 6,624 Cr and 9 schemes (Feb 28,2021).

9. Ms Priyanka Khandelwal

Ms Khandelwal is a Chartered Accountant and Company Secretary. She has been working with ICICI Prudential Mutual Fund Since October 2014. She manages an AUM of INR 1,074 Cr and 100 schemes (Feb 28,2021).

Why Should You Invest in ICICI Prudential Mutual Fund? 

ICICI Prudential Asset Management Company Ltd. is one of India’s premier fund houses, boasting over 30 lakhs clientele. The fund house handles considerable Assets under Management (AUM) across diverse asset classes like equities, debts instruments and sectorial funds, to name a few. Following a totally customer-centric tactic, they flaunt a blend of expertise and resourcefulness, giving investors innovative, consistent and optimum returns against market risks. This way, it gives customers a way to strike a balance between investments and savings. Their sponsors include ICICI Bank, Prudential Plc, Prudential Corporation Asia, Eastspring Investments and Jackson National Life Insurance Company, among others.

Select Edufund For Investing in ICICI Prudential Mutual Fund

EduFund makes the process of investing in ICICI Prudential Mutual Fund convenient. EduFund’s experienced consultants give you customised solutions for all your financial goals. You can start investing from as low as INR 5,000 and grow your capital comfortably.

With EduFund, you get the following benefits:

  • Customised Research-Based Financial Plan – EduFund’s scientific fund tracker screen over 1 lakh data points and 400 financial scenarios to recommend you the best mutual funds. 
  • Customer-Friendly Counsellors Help You Create a Financial Plan – EduFund’s counsellors are trained to handle all kinds of queries from customers. They spend as much time with you as you need and resolve all your issues to help you create a robust financial plan.
  • Invest Less, Earn More – Not only the best Indian mutual funds, but EduFund also offers you the facility to invest in US Dollar ETFs and international mutual funds.
  • Use Free Tools – EduFund offers various free tools for its customers, including College Savings Calculator, SIP calculator, etc. 
  • No Technical Expertise Required – You do not need to be an expert in finance to understand which mutual fund is the best for you. EduFund does it for you.
  • Value-Added Benefits – You may get value-added benefits like no commission, free advisory, and nil hidden charges.
  • Secure Transactions – EduFund is RIA-registered and uses top-class 128-SSL security to enable safe transactions.
  • Special Support for Children’s Education – EduFund has a dedicated team of experts who help you fulfil your children’s educational goals. 

Download the EduFund app now to start saving for a bright future.

EduFund

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