ICICI Prudential Mutual Fund

ICICI Prudential Mutual Fund is one of India’s top 2 largest Asset Management Companies. It is one the oldest and most profitable Mutual Funds. Most of their offerings are rated “AAAmfs” which indicate a high degree of confidence and reliability.ICICI Prudential was set up in 1993 with ICICI Bank and Prudential Plc acting as partners. The Prudential Group is one of the world’s oldest, largest and most influential insurance companies.

ICICI Prudential Mutual Fund has played a major role in setting up the CRISIL rating system in India. As a CIBIL score determines the creditworthiness of an individual, the CRISIL score determines the health of Mutual Funds in India.

According to statistics made available as of 30th September 2018, the Average Assets Under Management or AAUM of ICICI Pru Mutual Fund, as it is also known, is Rs 3.1 Lakh Crore. It is managed by the trustees of the ICICI Prudential Trust Ltd and is over 30 years old.

The Mutual Fund was set up and incorporated in the same year- 1993. As of 31 March, 2019, it manages assets worth over Rs. 3.2 Lakh Crore. The organisation has some of the best-known fund managers in the business, and it is growing at a rapid pace.

ICICI Prudential Mutual Fund is headquartered in Mumbai and provides a wide array of funds designed to fit every socioeconomic bracket.

Prudential Group has plans to offload 3.7% of its stake in the Mutual Fund to pare down its shareholding pattern to below 25% as per SEBI rules.

Key information:

How can you invest in Icici Prudential Mutual Funds?

Invest in the Icici Prudential Mutual fund is very easy and simple. You can do it by yourself by just sign up on Welathdirect.in website or you can call us, the best financial advisor in Delhi/NCR. Our consultant helps you in selecting the best fund as per your goals. Finacial consultant will helps you identify the best growing sectors in Indian economy that will lead you to get maximum returns with less risk factors associated. To connect with best financial advisors in India, please follow the steps below :
Step 1: Click on Sign Up link. Fill your information.
Step 2: Our executive will get in touch with to have one meeting on call or physical.
Step 3: Our experts will suggest you best funds based on the future goals you may have.
Step 4: Once done, you can check your portfolio directly from wealthdirect.in just by login with your credentials.

Top Fund Managers
Here are the top minds behind one of India’s highest performing Mutual Funds.

1. Mr. Sankaran Naren

Mr. Sankaran Naren is an alumnus of the Indian Institute of Management, Calcutta and is an Engineering graduate from IIT Madras (now Chennai). He is a tried and tested expert of the Indian securities market. He is also an Executive Director of the company since 2016.
Mr Naren has served in many high-profile jobs across the spectrum over his many years in the Indian securities market. Previously, he was Chief Executive Officer at Yoha Securities. He was also a Director of HDFC Securities Ltd. With a lifetime spent in exploring the various facets of the Indian equity market, Naren brings an extensive repertoire to ICICI Pru Mutual Fund.
In his capacity as the Head of Research at Refco Sify Securities India Pvt. Ltd in the past, he has had a considerably varied career. He currently handles two of the highest profile funds at ICICI Prudential: the ICICI Prudential Top 100 Fund and the ICICI Prudential Dynamic Plan. Both these plans are among the top 10 funds in the market in their cap range.

2. Mr. Mrinal Singh

Mr. Mrinal Singh is educational credentials include a BE in Mechanical Engineering and also a Post-Graduation in SP Jain Institute of Management and Research.. He is a specialist in the Indian securities and derivatives market. Before joining ICICI Prudential Mutual Funds, he was involved in senior-level positions at Robert Bosch GmbH Motor Industries Co. Ltd and Wipro.
Mr. Singh has core competencies in portfolio management and detailed sector-based analysis. He is credited with turning around many of ICICI Prudential’s Blue Chip stocks.

3. Mr. Rahul Rai

Mr. Rai has over 24 years of experience in the securities and investments sectors. He is currently the Executive Vice President while heading the Real Estate Business at ICICI Prudential Mutual Funds. He is a trained Chartered Accountant and is a specialist in Cost accountancy.
Rai is a senior executive at the real estate management firm PMS and has also worked in multiple SUN-Apollo Real Estate Advisors besides Arthur Anderson.

4. Mr. Kayzad Eghlim

Mr Eghlim is also the Vice President of Investments and a very senior Portfolio manager. With him on-board, ICICI Prudential Mutual Fund has seen a rise in the number of ETF products in recent months.

ICICI Prudential Equity Savings Fund Growth

Fund Performance: This fund has consistently beaten its benchmark in Equity Savings segment and provided 7.54% annualized returns in the last 3 years. In the last 1 year, it gave 6.99% returns.Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.99% returns in the last 1 year.

ICICI Prudential Short Term Fund Plan Growth

Fund Objective: Aims to generate income through investments in a basket of debt and money market instruments with a view to provide reasonable returns with low interest risks.
Fund Performance: This fund has consistently beaten its benchmark in Short Duration segment and provided 8.21% annualized returns in the last 3 years. In the last 1 year, it gave 10.73% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 10.73% returns in the last 1 year.

ICICI Prudential Debt Management Fund Plan Growth

Fund Objective: The primary investment objective of this Plan is to seek to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made. However, there can be no assurance that the investment objectives of the Plan/s will be realized.
Fund Performance: This fund has consistently beaten its benchmark in FoF Domestic segment and provided 7.9% annualized returns in the last 3 years.
This is one of the best Others mutual fund in India.

ICICI Prudential Equity Savings Fund Growth

Fund Performance: This fund has consistently beaten its benchmark in Equity Savings segment and provided 7.54% annualized returns in the last 3 years. In the last 1 year, it gave 6.99% returns.Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.99% returns in the last 1 year.

ICICI Prudential Short Term Fund Plan Growth

Fund Objective: Aims to generate income through investments in a basket of debt and money market instruments with a view to provide reasonable returns with low interest risks.
Fund Performance: This fund has consistently beaten its benchmark in Short Duration segment and provided 8.21% annualized returns in the last 3 years. In the last 1 year, it gave 10.73% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 10.73% returns in the last 1 year.

ICICI Prudential Debt Management Fund Plan Growth

Fund Objective: The primary investment objective of this Plan is to seek to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made. However, there can be no assurance that the investment objectives of the Plan/s will be realized.
Fund Performance: This fund has consistently beaten its benchmark in FoF Domestic segment and provided 7.9% annualized returns in the last 3 years.
This is one of the best Others mutual fund in India.