Top ICICI Mutual Funds Recommended by the Experts

ICICI Prudential MF is the largest Asset Management Company in India concerning assets under management and number of investors served. Every human has a natural tendency to choose the best of everything and same goes for capital investments. ICICI Prudential Mutual Fund has been a top priority of experienced investors as well as those who’re investing for the first time due to the variety of schemes offered by them. At MySIPonline, we suggest ICICI Pru MF’s schemes according to the suitability of the investor.

Top Recommended Funds of ICICI Prudential
According to the experts at MySIPonline, following funds have performed well in the past and are recommended to a majority of investors.

• ICICI Prudential Focused Bluechip Fund (G) : It is a large cap equity fund with low-risk grade. The fund has outperformed its benchmark consistently which is the reason why it has been ranked 2 by Crisil under the category of large-cap funds. It has generated an outstanding return of 15.1% in last 1 year. The corpus is mainly invested in finance, energy, and technology sector. The fund manager is Mr Sankaran Naren, who is an alumnus of IIT Chennai and IIM Bangalore, is very popular in mutual funds industry too. The AUM of the fund is Rs 17,141.41 crore which is more than the consolidated worth of many AMCs of India.  
• ICICI Prudential Long Term Equity Fund (Tax Saving) (G) : This is a tax saving fund which aims to provide long-term capital gain by investing a majority of the corpus in equity instruments of mid-cap and large-cap companies. It is an ELSS category fund; hence there is a lock-in period of 3 years. The fund has been consistent over long period and has provided 10.4% return in 1 year, 15.3% in 2 years and 18.4% in 5 years. The fund is managed by Mr Atul Patel who is a B.com, CA, and CWA and Mr George Heber Joseph who is an associate member of Chartered Accountants of India and Cost and Management Accountants of India and has more than 2 decades of experience.
• ICICI Prudential Balanced Fund (G) : This fund was earlier known as ICICI Prudential Equity and Debt Fund (G). It invests around 65% of corpus in equity instruments and 30-35% in debt instruments. Among equity instruments, finance, utilities, oil & gas and technology sectors are targeted while debt instruments comprise commercial papers, COD, Govt bonds, etc. The fund has shown a growth of 10% in 1 year and 18% in 5 years. It is managed by Mr Sankaran Naren and Mr Manish Banthia.  
• ICICI Prudential Regular Savings Fund (G) : This is a 100% debt-oriented fund. It has been consistent over a long period of time and has provided 6% return in 1 year and 8.2% return in 5 years. Debt funds are known for their stability and low-risk factor. The fund manages assets of Rs  10,409 crore (as on Apr 30, 2018). It is managed by Mr Manish Banthia and Mr Akhil Kakkar who’re highly educated and experienced.

To choose the best from these top schemes of ICICI Prudential MF could be a difficult task. To know the fund which can benefit you the most, reach out to us via official website of MySIPonline and take the advantage of the highly experienced financial experts who provide an honest opinion to every investor.