5 Best Investment Plans of ICICI Mutual Fund 2018-19

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5 Best Investment Plans of ICICI Mutual Fund
5 Best Investment Plans of ICICI Mutual Fund

 

5 Best Investment Plans of ICICI Mutual Fund

If you are planning to invest in SIP (Systematic Investment Plan), then ICICI has some better plans. We have introduced some good plans for ICICI Prudential, for which we have taken into consideration the fund’s portfolio and the previous track record.

ICICI Prudential MultiCap Fund - 5 Best Investment Plans of ICICI Mutual Fund.jpg
ICICI Prudential MultiCap Fund – 5 Best Investment Plans of ICICI Mutual Fund

 

ICICI Prudential MultiCap Fund

ICICI Prudential’s multicap has given an average return of 23.84 per year over the last three years. It is one of the best multi-caps in the country. Since its inception in 1994, its fund has given an average of 15 percent returns every year in a long time. Fund Growth Plan is 237.03 Net Asset Value (NAV), whereas NAV in the dividend plan is 23.02. Fund has achieved a 30% return in 1 year.

SIP Plans of ICICI Prudential MultiCap Fund - 5 Best Investment Plans of ICICI Mutual Fund
SIP Plans of ICICI Prudential MultiCap Fund – 5 Best Investment Plans of ICICI Mutual Fund

SIP Plans of ICICI Prudential MultiCap Fund

You can invest in ICICI Prudential MultiCap Fund with a small SIP of Rs.1000 per month. Initially, you will need to invest Rs 5000. The portfolio of this fund is excellent with top stocks like Infosys, Cipla, Thomas Cook. Surprisingly, it is among the funds that do not have HDFC Bank. It is worth noting that this fund’s expense ratio (price ratio) is higher with 2.35 percent. It also has an exit load if you want to withdraw from 540 days earlier. Exit load is 1 percent.

ICICI Prudential Focused Bluechip Equity Fund - 5 Best Investment Plans of ICICI Mutual Fund
ICICI Prudential Focused Bluechip Equity Fund – 5 Best Investment Plans of ICICI Mutual Fund

 

ICICI Prudential Focused Bluechip Equity Fund

This is another good fund for ICICI Prudential Mutual Fund which has been performing well for many years. In the last three years, it has given an average of 19 percent return each year. Since its launch in 2008, its return has been around 15 percent every year. Net Asset Value of its Growth Scheme is Rs 33, whereas the NAV of dividend plan is Rs 20.91. Remember that dividend is tax-free for investors.

SIP Plans for ICICI Prudential Bluechip Equity Fund - 5 Best Investment Plans of ICICI Mutual Fund
SIP Plans for ICICI Prudential Bluechip Equity Fund – 5 Best Investment Plans of ICICI Mutual Fund

SIP Plans for ICICI Prudential Bluechip Equity Fund

The SIP of this fund initially requires an investment of Rs. 5000. After this, a small amount of Rs 500 can be invested every month. ICICI Prudential Bluechip Equity Fund has some bluechip shares such as HDFC Bank, ICICI Bank, and Infosys. If you want to invest for a long time then this is a good option. You can also wait for the ICICI Prudential Focused Bluechip Equity Fund after declining net asset value.

ICICI Prudential Value Discovery Fund - 5 Best Investment Plans of ICICI Mutual Fund
ICICI Prudential Value Discovery Fund – 5 Best Investment Plans of ICICI Mutual Fund

 

ICICI Prudential Value Discovery Fund

In this, you need to start investing Rs.5000 and initially Rs.500 every month. The ICICI Prudential Value Discovery Fund does not have much difference compared to Bluechip Equity Fund, its performance is almost identical. Good track record of funds makes it a better SIP of ICICI Prudential Mutual Fund. Its one-year return is 24.21 percent. Its net asset value is Rs. 126.88 in Growth Plan and net asset value is 33.03 in dividend plan.

Disclaimer

This article does not tempt you to buy or sell any kind of financial instruments or securities. People, operators or writers associated with “News Suk” are not responsible for any loss or damage, based on the information given in this article. The author and his family have no part of these schemes.

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