ICICI Prudential Mutual Fund
ICICI Prudential Mutual Fund is India’s one of most reputed mutual fund companies. In terms of assets under management (AUM), it is one of the top 3 Asset Management Companies (AMC) in the country.
It was started in 1993 as ICICI Prudential Asset Management Company Limited. Back then, it was a part of the ICICI group. In 1998, it became a joint venture between ICICI Bank and Prudential Plc.
At the end of January 2024, it had an AUM of over Rs. 6,90,000 crore from more than 97 lakh investors. The AMC offers over 120 mutual fund schemes across equity, debt, and hybrid schemes.
ICICI Mutual Fund Key Information
Best ICICI Prudential Mutual Funds
AUM ₹282 Cr •
Expense 1.3%
AUM ₹2801 Cr •
Expense 0.5%
AUM ₹398 Cr •
Expense 1.6%
AUM ₹3693 Cr •
Expense 1.1%
AUM ₹88 Cr •
Expense 1.2%
AUM ₹201 Cr •
Expense 0.4%
AUM ₹217 Cr •
Expense 0.4%
AUM ₹7280 Cr •
Expense 1%
AUM ₹3040 Cr •
Expense 0.9%
AUM ₹9668 Cr •
Expense 0.6%
AUM ₹3677 Cr •
Expense 1%
AUM ₹2795 Cr •
Expense 0.1%
AUM ₹6601 Cr •
Expense 0.8%
AUM ₹2022 Cr •
Expense 0.9%
AUM ₹97 Cr •
Expense 0.4%
AUM ₹1710 Cr •
Expense 1.2%
AUM ₹20437 Cr •
Expense 0.8%
AUM ₹6801 Cr •
Expense 1%
AUM ₹958 Cr •
Expense 0.3%
AUM ₹213 Cr •
Expense 0.3%
Management Team | |
Mr. Nimesh Shah | CEO |
Mr. Sankaran Naren | Chief Investment Officer |
Mr. Rakesh Shetty | Chief Compliance Officer |
Top Fund Managers of ICICI Prudential Mutual Fund
Compare ICICI Prudential Mutual Fund with other AMCs
AMC | AUM(in Cr) | AUM change (1M) | AUM Rank | Action |
|---|---|---|---|---|
 ICICI | ₹10.3L Cr | + ₹12.1K Cr | 1/49 | Invest |
 HDFC | ₹9.5L Cr | - ₹4.9K Cr | 2/49 | Invest |
 SBI | ₹9L Cr | + ₹9.5K Cr | 3/49 | Invest |
 Kotak | ₹5.6L Cr | - ₹3K Cr | 4/49 | Invest |
 Nippon | ₹4.9L Cr | - ₹5.4K Cr | 5/49 | Invest |
 Aditya Birla Sun Life | ₹4.4L Cr | - ₹2.8K Cr | 6/49 | Invest |
 Axis | ₹3.6L Cr | + ₹2.3K Cr | 7/49 | Invest |
 UTI | ₹2.6L Cr | + ₹765.8 Cr | 8/49 | Invest |
Key information about ICICI Prudential Mutual Fund
One BKC 13th Floor, Bandra Kurla Complex, Bandra, Mumbai 400051
Telephone No: 022-26525000
The ICICI mutual fund customer care numbers are as follows:
- BSNL and MTNL users can call the toll-free number 1800222999.
- If you want to call via any other service provider, then you can call the toll-free number 18002006666.
How to Start Investing in ICICI Prudential Mutual Funds with INDmoney
After you have understood how ICICI Prudential Mutual Funds are, it is time for you to start your investment process with INDmoney. Below are some simple steps to follow to start your mutual fund's investment journey with us.
Step 1: Download the INDmoney app and create your free investment account by completing your KYC ( Know Your Customer).
Step 2: Once your Free investment account is ready, you can either search for an ICICI Prudential mutual fund or go to the mutual fund section.
Step 3: Choose any ICICI Prudential Mutual Fund by looking at aspects like past returns, volatility, downside capture ratio, AUM, Expense ratios and underlying stocks and sectors.
Step 4: You can choose to set up SIP in any ICICI Prudential Mutual Funds or even invest as a lump sum. Once you are on the individual ICICI Prudential mutual Fund page, click from the bottom “One-time” for lump sum investment or “SIP” for systematic investment plan.
Step 5: Choose the amount that you want to invest as SIP or Lump Sum.
Step 6: Set up payments. If you choose to set up SIP in any ICICI Prudential mutual funds, you can do a free automatic pay set-up via bank mandate or UPI. If you choose to invest in a lump sum (one-time), then you can pay via UPI, netbanking, NEFT or RTGS.
Frequently asked questions
How to calculate ICICI Mutual Fund SIP ?
You can calculate the Daily/ Weekly/ Monthly/ Quarterly SIP Amount for all ICICI Mutual Funds using INDMoney’s ICICI SIP Calculator
How safe are investments in ICICI Prudential Mutual Fund?
SEBI regulates all AMCs in India including ICICI Prudential Mutual Fund which ensures security from fraud. Concerning your investments, you must remember that mutual fund investments are subject to the risk of losses. The risk varies across schemes.
Can I invest in an ICICI Prudential mutual fund online?
Yes, you can invest in ICICI Prudential Mutual Fund through the INDmoney app. Once you have logged in, check the various mutual funds available and invest via SIP or lump sum.
Are ICICI Prudential mutual funds good for short-term investment?
ICICI Prudential Mutual Fund offers many mutual fund schemes. While some are good for short-term investment, others are best for long-term investment. You must study the scheme-related documents to decide if a scheme is good for short-term investment.
How are ICICI Prudential mutual fund schemes taxed?
The taxation rate depends on the type of scheme you invest in and the duration of your investment. Accordingly, either short-term capital gains tax or long-term capital gains tax will be charged.
How can I get the statement for an ICICI Prudential mutual fund?
You can get the ICICI mutual fund statement by visiting the company’s online portal. You can also get your mutual fund statement from the INDmoney app.
Which factors should I consider before investing in a mutual fund?
You must consider the following factors before investing in a mutual fund:
- Experience of the fund manager
- Past performance of the fund
- AMC’s reputation
- Your risk appetite
- Investment horizon
- Portfolio of the scheme