ICICI Prudential Mutual Fund 2024: A mutual fund is a type of investment related to the share market. In this investment, the company collects a large amount of the funds through SIP and Fix deposits.
Generally, a Mutual fund is best for long-term investment. In these funds, the investor gets maximum benefits on their investment. If you are planning to invest in the share market but want to avoid the loss then a Mutual fund is become best option for you.
In this article, we will cover the best company to invest the mutual funds in the name of ICICI Prudential Mutual Fund 2024. We are also covering its related complete details like funds size, Equiuty sector allocation, Investment, and many other queries.
What is an ICICI Prudential Mutual Fund 2024?
ICICI Prudential is an Indian-based assets management company that was incorporated on June 22, 1993. The headquarters is located in Mumbai, India of this company.
This company started with a joint partnership between the Indian banking sector company ICICI Bank and the UK financial sector Prudential plc.
ICIC Bank holds 51% and Prudential plc holds 49% ownership of this fund company.
This company deals in different sectors in Mutual funds, Exchange-traded funds, Index funds, Fund of funds, Gold exchange-traded products, Commodities, Asset Management, Real estate investment trusts, Government bonds, Corporate bonds, and Risk management.
Also Read: Quant Mutual Fund Return In 2024
Top ICICI Prudential Mutual Fund 2024?
If we talk about the Best ICICI Prudential Mutual Fund 2024 then; We choose funds as per high return and Large capitalization of fund.
ICICI Prudential Bluechip Fund Direct-Growth
In the Best ICICI Prudential Mutual Fund 2024; ICICI Prudential Bluechip Fund Direct-Growth comes in the first.
It holds Rs 55459 Crore funds size. In which 93.9% invest in the Equity sector, 5.9% in Cash Flow, and 0.2% in the Debt Sector.
To start the SIP on this fund required minimum amount is Rs 100.
Top Holding Companies
- ICICI Bank Limited 8.19%
- Reliance Industries Limited 7.43%
- Larsen & Toubro Limited 6.80%
- Hdfc Bank Limited 4.94%
- Maruti Suzuki India Limited 4.79%
Equity Sector Allocation
| Sector | Percentage |
| Financial Sector | 22.3% |
| Others Sector | 16.4% |
| Energy Sector | 16.6% |
| Technology Sector | 8.1% |
| Healthcare | 5.9% |
| Automobile Sector | 11.4% |
| Consumer Staples | 5.3% |
| Construction Sector | 13.9% |
| Website | bseindia.com |
Annualized Returns on SIP
| Year | Funds Returns | Category Average |
| 1-Year | 38.7% | 37.9% |
| 3-Year | 21.5% | 17.7% |
| 5-Year | 19.5% | 17.1% |
| All Time | 16.8% | – |
ICICI Prudential Value Discovery Direct Growth
In the Best ICICI Prudential Mutual Fund 2024; ICICI Prudential Value Discovery Direct Growth comes in second.
The fund size of ICICI Prudential Value Discovery Direct-Growth is Rs 42669 Crore. In which Its spend 92.2% in Equity Sector, 6.9% in Cash, and 0.9% on Debt.
To Start the SIP on this fund required amount is Rs 100.
Top Holding Companies
- HDFC Bank Limited 9.59%
- Infosys Limited 7.03%
- ICICI Bank Limited 7.02%
- Reliance Industries Limited 6.78%
- Sun Pharmaceutical Industries Limited 5.45%
Equity Sector Allocation
| Sector | Percentage |
| Financial Sector | 26.6% |
| Others Sector | 11.4% |
| Energy Sector | 17.5% |
| Technology Sector | 9.4% |
| Communication Sector | 7.4% |
| Consumer Staples | 10.2% |
| Automobile Sector | 6.7% |
| Healthcare Sector | 11.2% |
| Website | bseindia.com |
Annualized Returns on SIP
| Year | Funds Returns | Category Average |
| 1-Year | 41.9% | 50.1% |
| 3-Year | 25.8% | 22.8% |
| 5-Year | 24.3% | 21.5% |
| All Time | 19.6% | – |
ICICI Prudential Equity & Debt Fund Direct-Growth
In the Best ICICI Prudential Mutual Fund 2024; ICICI Prudential Equity & Debt Fund Direct-Growth comes in Third.
If we talk about the fund size then it holds Rs 35122 crore. In which it spends 72.8% in equity, 23.9% in Debt and 1.3% in Cash Flow.
To start the SIP on these funds Minimum amount is Rs 100.
Top Holding Companies
- NTPC Limited 7.22%
- ICICI Bank Limited 6.88%
- Bharti Airtel Limited 4.60%
- HDFC Bank Limited 4.56%
- Maruti Suzuki India Limited 4.52%
Equity Sector Allocation
| Sector | Percentage |
| Financial Sector | 24.4% |
| Others Sector | 12.2% |
| Energy Sector | 19.4% |
| Technology Sector | 5.5% |
| HealthCare | 8.4% |
| Automobile Sector | 12.1% |
| Communication Sector | 6.8% |
| Service Sector | 5.3% |
| Construction Sector | 5.9% |
| Website | bseindia.com |
Annualized Returns on SIP
| Year | Funds Returns | Category Average |
| 1-Year | 38.6% | 30.9% |
| 3-Year | 24.6% | 16.1% |
| 5-Year | 21.8% | 15.8% |
| All Time | 18.3% | – |
ICICI Prudential Corporate Bond Fund Direct Plan-Growth
In the Best ICICI Prudential Mutual Fund 2024; ICICI Prudential Equity & Debt Fund Direct-Growth comes in Fourth.
ICICI Prudential Corporate Bond Fund Direct Plan-Growth holds Rs 27286 Crore of the fund size. In which it spends 100% on the debt.
To Start the SIP in this fund minimum amount is required of Rs 100.
Top Holding Companies
- GOI 14.73%
- GOI FRB 8.06%
- National Bank for Agriculture & Rural Development 3.16%
- Pipeline Infrastructure (India) Pvt.Limited 2.98%
- HDFC Bank Limited 2.56%
Equity Sector Allocation
| Sector | Percentage |
| Financial Sector | 58.0% |
| Others Sector | 10.1% |
| Construction Sector | 6.6% |
| Sovereign | 25.2% |
| Website | bseindia.com |
Annualized Returns on SIP
| Year | Funds Returns | Category Average |
| 1-Year | 7.8% | 6.8% |
| 3-Year | 6.3% | 5.1% |
| 5-Year | 7.4% | 6.4% |
| All Time | 8.2% | – |
ICICI Prudential All Seasons Bond Fund Direct Plan-Growth
In the Best ICICI Prudential Mutual Fund 2024; ICICI Prudential Equity & Debt Fund Direct-Growth comes in Fifth.
It is holding the fund amount is Rs 12571 Crore. Which it spends 100% in the Debet sector.
To start the SIP on this fund minimum amount is required of Rs 100.
Top Holding Companies
- GOI 59.2%
- Nirma Limited 1.60%
- Standard Chartered Bank 1.59%
- Uttar Pradesh State 1.44%
- Bharti Telecom Limited 1.28%
Equity Sector Allocation
| Sector | Percentage |
| Financial Sector | 24.6% |
| Others Sector | 9.8% |
| Sovereign | 60.0% |
| Construction Sector | 5.6% |
| Website | bseindia.com |
Annualized Returns on SIP
| Year | Funds Returns | Category Average |
| 1-Year | 8.2% | 7.4% |
| 3-Year | 6.8% | 5.5% |
| 5-Year | 8.2% | 6.3% |
| All Time | 9.7% | – |
Conclusion
SIP is the best option to invest your amount. Through the SIP you can spend on your minimum amount and get a good return on your investment. Apart from this, It gives you options for your investments in which you can spend monthly and one time. In this article, we cover the ICICI Prudential Mutual Fund 2024 and its related complete details. If you have any kind of query related to this article then drop it into the comment box.
FAQ’s
What is an icici prudential mutual fund?
ICICI Prudential Mutual Fund comes in the mutual fund categories. Which is run by two companies ICICI Bank and Prudential plc in partnership. Through this fund company collects funds through SIP and Fix Deposit and invests a large amount of funds in the share market.
How to invest in an icici prudential mutual fund?
In India, many platforms exist to invest in the ICICI prudential mutual fund. You can go through the BSE and NSE official websites. Make your account and do your investment. Apart from this, many platforms are available in the market like Groww, Angle Broke, Upstock, 5Paisa, and many more you can go to these platforms and make your investments.
Which ICICI Prudential Mutual Fund 2024 is best?
If you are planning to invest in the icici prudential mutual fund, then many funds come that work under this mutual fund. These funds are :
ICICI Prudential Bluechip Fund Direct-Growth
ICICI Prudential Value Discovery Direct Growth
ICICI Prudential Equity & Debt Fund Direct-Growth
ICICI Prudential Corporate Bond Fund Direct Plan-Growth
ICICI Prudential All Seasons Bond Fund Direct Plan-Growth
