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icici mutual fund, being India’s one of the well-known AMC, investors always tend to invest in such funds. The fund house holds some of the well-performing equity schemes in the Market. Equity Funds are a type of Mutual Funds that invests in the stocks of companies. Due to its potential of generating great returns in the long-run, many investors flock towards Investing equity funds.
If you are one of them, then we are here to help you with some of the best funds to invest in. Here are the top 5 Best equity funds by ICICI Mutual Fund to invest in 2024. These funds have been shortlisted by undertaking some of the important parameters like AUM, NAV, past performances, peer Average Return, and other quantitative measures like Expense Ratio, Sharpe Ratio, Sortino Ratio, etc.
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ICICI Mutual Fund offers tax benefits under sec 80C to the investors. The tax saving fund name ICICI Prudential Long Term Equity Fund (Tax Saving)
wherein investors can plan their tax savings as well as seek advantage of long-term Capital growth.
Investors can plan their long-term Financial goals by investing in ICICI's equity funds. But, to accomplish these goals well, one should plan their investments for a longer duration.
Many of the ICICI equity schemes have a CRISIL rating of three and above.
Many of the equity schemes of ICICI have delivered consistent returns over the years. Investors who want to attain good returns in these equity schemes should stay invested for a longer duration.
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Sharpe Ratio ICICI Prudential US Bluechip Equity Fund Growth ₹64.07
↑ 0.12 ₹3,317 11.5 7.2 27.4 13.2 17.4 30.6 0.74 ICICI Prudential Global Stable Equity Fund Growth ₹26.67
↓ -0.06 ₹123 10.7 6.6 17.6 9.6 11.1 11.7 0.44 ICICI Prudential FMCG Fund Growth ₹548.94
↓ -1.86 ₹1,815 13.9 21.4 23.9 18.1 16.9 23.3 1.15 ICICI Prudential Exports and Other Services Fund Growth ₹167.3
↓ -1.62 ₹1,403 11.2 22.7 46.8 22.3 25 27.1 3.34 ICICI Prudential Infrastructure Fund Growth ₹202.73
↑ 0.27 ₹6,143 6.4 20.8 61.2 36.1 33.3 44.6 3.45 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 30 Sep 24 Note: Ratio's shown as on 31 Aug 24
The investment objective of ICICI Prudential US Bluechip Equity Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities (including ADRs/GDRs issued by Indian and foreign companies) of companies listed on New York Stock Exchange and/or NASDAQ. However, there can be no assurance that the investment objective of the Scheme will be realized. ICICI Prudential US Bluechip Equity Fund is a Equity - Global fund was launched on 6 Jul 12. It is a fund with High risk and has given a Below is the key information for ICICI Prudential US Bluechip Equity Fund Returns up to 1 year are on ICICI Prudential Global Stable Equity Fund (the Scheme) is an open-ended fund of funds scheme that seeks to provide adequate returns by investing in the units of one or more overseas mutual fund schemes, which have the mandate to invest globally. Currently the Scheme intends to invest in the units/shares of Nordea 1 – Global Stable Equity Fund – Unhedged (N1 – GSEF - U). The fund manager may also invest in one or more other overseas mutual fund schemes, with similar investment policy/fundamental attributes and risk profile and is in accordance with the investment strategy of the Scheme. The Scheme may also invest a certain portion of its corpus in domestic money market securities and/or money market/liquid schemes of domestic mutual funds including that of ICICI Prudential Mutual Fund, in order to meet liquidity requirements from time to time. ICICI Prudential Global Stable Equity Fund is a Equity - Global fund was launched on 13 Sep 13. It is a fund with High risk and has given a Below is the key information for ICICI Prudential Global Stable Equity Fund Returns up to 1 year are on To generate long term capital appreciation through investments made primarily in Fast Moving Consumer Goods sector that are fundamentally strong and have established brands. ICICI Prudential FMCG Fund is a Equity - Sectoral fund was launched on 31 Mar 99. It is a fund with High risk and has given a Below is the key information for ICICI Prudential FMCG Fund Returns up to 1 year are on To provide capital appreciation and income distribution to unitholders by investing predominantly in equity/ equity related instruments of companies involved in service industries and the balance in debt securities and money market instruments including call money. ICICI Prudential Exports and Other Services Fund is a Equity - Sectoral fund was launched on 30 Nov 05. It is a fund with High risk and has given a Below is the key information for ICICI Prudential Exports and Other Services Fund Returns up to 1 year are on To generate capital appreciation and income distribution to unit holders by investing predominantly in equity/equity related securities of the companies belonging to the infrastructure development and balance in debt securities and money market instruments. ICICI Prudential Infrastructure Fund is a Equity - Sectoral fund was launched on 31 Aug 05. It is a fund with High risk and has given a Below is the key information for ICICI Prudential Infrastructure Fund Returns up to 1 year are on 1. ICICI Prudential US Bluechip Equity Fund
CAGR/Annualized
return of 16.4% since its launch. Ranked 7 in Global
category. Return for 2023 was 30.6% , 2022 was -7.1% and 2021 was 22.5% . ICICI Prudential US Bluechip Equity Fund
Growth Launch Date 6 Jul 12 NAV (30 Sep 24) ₹64.07 ↑ 0.12 (0.19 %) Net Assets (Cr) ₹3,317 on 31 Aug 24 Category Equity - Global AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk High Expense Ratio 2.18 Sharpe Ratio 0.74 Information Ratio -0.34 Alpha Ratio -7.53 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-3 Months (3%),3-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 19 ₹10,000 30 Sep 20 ₹11,675 30 Sep 21 ₹15,365 30 Sep 22 ₹13,600 30 Sep 23 ₹17,470 30 Sep 24 ₹22,262 Returns for ICICI Prudential US Bluechip Equity Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 30 Sep 24 Duration Returns 1 Month 1.2% 3 Month 11.5% 6 Month 7.2% 1 Year 27.4% 3 Year 13.2% 5 Year 17.4% 10 Year 15 Year Since launch 16.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 30.6% 2022 -7.1% 2021 22.5% 2020 18.6% 2019 34.3% 2018 5.2% 2017 14.1% 2016 11.6% 2015 0.7% 2014 12.7% Fund Manager information for ICICI Prudential US Bluechip Equity Fund
Name Since Tenure Ritesh Lunawat 13 Sep 24 0 Yr. Sharmila D’mello 1 Jul 22 2.17 Yr. Data below for ICICI Prudential US Bluechip Equity Fund as on 31 Aug 24
Equity Sector Allocation
Sector Value Health Care 22.84% Technology 17.06% Industrials 16.05% Consumer Defensive 13.99% Financial Services 8.49% Consumer Cyclical 7.94% Basic Materials 6.25% Communication Services 5.09% Energy 0.27% Asset Allocation
Asset Class Value Cash 2.01% Equity 97.99% Top Securities Holdings / Portfolio
Name Holding Value Quantity International Flavors & Fragrances Inc (Basic Materials)
Equity, Since 30 Sep 22 | IFF3% ₹91 Cr 104,186 Veeva Systems Inc Class A (Healthcare)
Equity, Since 31 Oct 21 | VEE3% ₹90 Cr 49,306
↓ -1,000 MarketAxess Holdings Inc (Financial Services)
Equity, Since 30 Jun 23 | MWI3% ₹88 Cr 43,289 Kenvue Inc (Consumer Defensive)
Equity, Since 31 Mar 24 | KVUE3% ₹88 Cr 475,560 Gilead Sciences Inc (Healthcare)
Equity, Since 31 Mar 23 | GILD3% ₹85 Cr 128,225 Adobe Inc (Technology)
Equity, Since 31 Mar 24 | 0R2Y3% ₹85 Cr 17,613
↑ 3,131 Altria Group Inc (Consumer Defensive)
Equity, Since 31 Dec 23 | PHM7d2% ₹82 Cr 182,378 Pfizer Inc (Healthcare)
Equity, Since 31 Mar 23 | PFE2% ₹82 Cr 337,963
↑ 26,500 Campbell Soup Co (Consumer Defensive)
Equity, Since 30 Sep 23 | CSC2% ₹82 Cr 196,153 Bristol-Myers Squibb Co (Healthcare)
Equity, Since 31 Dec 23 | BRM2% ₹82 Cr 194,612 2. ICICI Prudential Global Stable Equity Fund
CAGR/Annualized
return of 9.3% since its launch. Ranked 10 in Global
category. Return for 2023 was 11.7% , 2022 was 3.2% and 2021 was 19.7% . ICICI Prudential Global Stable Equity Fund
Growth Launch Date 13 Sep 13 NAV (30 Sep 24) ₹26.67 ↓ -0.06 (-0.22 %) Net Assets (Cr) ₹123 on 31 Aug 24 Category Equity - Global AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk High Expense Ratio 1.41 Sharpe Ratio 0.44 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-3 Months (3%),3-18 Months (1%),18 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 19 ₹10,000 30 Sep 20 ₹10,133 30 Sep 21 ₹12,876 30 Sep 22 ₹12,114 30 Sep 23 ₹14,394 30 Sep 24 ₹16,933 Returns for ICICI Prudential Global Stable Equity Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 30 Sep 24 Duration Returns 1 Month 1.9% 3 Month 10.7% 6 Month 6.6% 1 Year 17.6% 3 Year 9.6% 5 Year 11.1% 10 Year 15 Year Since launch 9.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 11.7% 2022 3.2% 2021 19.7% 2020 2.9% 2019 23% 2018 -0.9% 2017 7.2% 2016 7.3% 2015 5% 2014 11.8% Fund Manager information for ICICI Prudential Global Stable Equity Fund
Name Since Tenure Ritesh Lunawat 13 Sep 24 0 Yr. Sharmila D’mello 1 Apr 22 2.42 Yr. Data below for ICICI Prudential Global Stable Equity Fund as on 31 Aug 24
Equity Sector Allocation
Sector Value Health Care 22.27% Consumer Defensive 15.95% Communication Services 15.71% Technology 13.94% Utility 8.84% Consumer Cyclical 7.87% Industrials 6.48% Financial Services 6.24% Basic Materials 0.9% Real Estate 0.52% Asset Allocation
Asset Class Value Cash 1.27% Equity 98.73% Top Securities Holdings / Portfolio
Name Holding Value Quantity Nordea 1 - Global Stable Equity Z USD
Investment Fund | -100% ₹123 Cr 340,060
↓ -3,628 Treps
CBLO/Reverse Repo | -0% ₹0 Cr Net Current Assets
Net Current Assets | -0% ₹0 Cr 3. ICICI Prudential FMCG Fund
CAGR/Annualized
return of 17% since its launch. Ranked 21 in Sectoral
category. Return for 2023 was 23.3% , 2022 was 18.3% and 2021 was 19.5% . ICICI Prudential FMCG Fund
Growth Launch Date 31 Mar 99 NAV (30 Sep 24) ₹548.94 ↓ -1.86 (-0.34 %) Net Assets (Cr) ₹1,815 on 31 Aug 24 Category Equity - Sectoral AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk High Expense Ratio 2.39 Sharpe Ratio 1.15 Information Ratio 0.04 Alpha Ratio -1.22 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 19 ₹10,000 30 Sep 20 ₹9,310 30 Sep 21 ₹13,261 30 Sep 22 ₹15,034 30 Sep 23 ₹17,643 30 Sep 24 ₹21,865 Returns for ICICI Prudential FMCG Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 30 Sep 24 Duration Returns 1 Month 3.2% 3 Month 13.9% 6 Month 21.4% 1 Year 23.9% 3 Year 18.1% 5 Year 16.9% 10 Year 15 Year Since launch 17% Historical performance (Yearly) on absolute basis
Year Returns 2023 23.3% 2022 18.3% 2021 19.5% 2020 9.7% 2019 4.5% 2018 7.1% 2017 35.6% 2016 1% 2015 4.9% 2014 32.5% Fund Manager information for ICICI Prudential FMCG Fund
Name Since Tenure Priyanka Khandelwal 15 Jun 17 7.22 Yr. Sharmila D’mello 30 Jun 22 2.18 Yr. Data below for ICICI Prudential FMCG Fund as on 31 Aug 24
Equity Sector Allocation
Sector Value Consumer Defensive 90.63% Consumer Cyclical 1.37% Basic Materials 1.17% Health Care 0.21% Asset Allocation
Asset Class Value Cash 6.62% Equity 93.38% Top Securities Holdings / Portfolio
Name Holding Value Quantity ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | 50087528% ₹509 Cr 10,137,691 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 May 16 | HINDUNILVR17% ₹313 Cr 1,126,882
↓ -54,877 Nestle India Ltd (Consumer Defensive)
Equity, Since 31 Jul 22 | NESTLEIND9% ₹171 Cr 684,474 Godrej Consumer Products Ltd (Consumer Defensive)
Equity, Since 31 Mar 22 | GODREJCP5% ₹96 Cr 645,389
↑ 16,636 Tata Consumer Products Ltd (Consumer Defensive)
Equity, Since 30 Apr 24 | TATACONSUM5% ₹87 Cr 728,471
↑ 708,112 Gillette India Ltd (Consumer Defensive)
Equity, Since 30 Jun 21 | 5078154% ₹76 Cr 85,511
↓ -363 Dabur India Ltd (Consumer Defensive)
Equity, Since 31 Jan 16 | 5000964% ₹74 Cr 1,156,097 Britannia Industries Ltd (Consumer Defensive)
Equity, Since 31 Aug 13 | 5008254% ₹70 Cr 118,958
↑ 30,804 United Spirits Ltd (Consumer Defensive)
Equity, Since 31 Jan 23 | UNITDSPR3% ₹60 Cr 405,871 United Breweries Ltd (Consumer Defensive)
Equity, Since 31 Oct 19 | 5324783% ₹47 Cr 228,599 4. ICICI Prudential Exports and Other Services Fund
CAGR/Annualized
return of 16.1% since its launch. Ranked 25 in Sectoral
category. Return for 2023 was 27.1% , 2022 was 7.1% and 2021 was 35.5% . ICICI Prudential Exports and Other Services Fund
Growth Launch Date 30 Nov 05 NAV (30 Sep 24) ₹167.3 ↓ -1.62 (-0.96 %) Net Assets (Cr) ₹1,403 on 31 Aug 24 Category Equity - Sectoral AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk High Expense Ratio 2.41 Sharpe Ratio 3.34 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 19 ₹10,000 30 Sep 20 ₹10,037 30 Sep 21 ₹16,682 30 Sep 22 ₹17,082 30 Sep 23 ₹20,790 30 Sep 24 ₹30,529 Returns for ICICI Prudential Exports and Other Services Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 30 Sep 24 Duration Returns 1 Month 3.2% 3 Month 11.2% 6 Month 22.7% 1 Year 46.8% 3 Year 22.3% 5 Year 25% 10 Year 15 Year Since launch 16.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 27.1% 2022 7.1% 2021 35.5% 2020 17.4% 2019 6.8% 2018 -8.9% 2017 30.6% 2016 -4.4% 2015 16.4% 2014 51.2% Fund Manager information for ICICI Prudential Exports and Other Services Fund
Name Since Tenure Sankaran Naren 14 Jul 17 7.14 Yr. Priyanka Khandelwal 1 May 23 1.34 Yr. Sri Sharma 1 May 23 1.34 Yr. Sharmila D’mello 30 Jun 22 2.18 Yr. Data below for ICICI Prudential Exports and Other Services Fund as on 31 Aug 24
Equity Sector Allocation
Sector Value Financial Services 38.99% Health Care 11.17% Industrials 10.85% Utility 5.9% Communication Services 5.69% Energy 5.07% Technology 3.96% Consumer Cyclical 3.88% Consumer Defensive 2.82% Basic Materials 0.93% Real Estate 0.7% Asset Allocation
Asset Class Value Cash 10.04% Equity 89.96% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 22 | 5001809% ₹130 Cr 791,160 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 19 | 5321747% ₹98 Cr 800,756 NTPC Ltd (Utilities)
Equity, Since 30 Nov 22 | 5325555% ₹75 Cr 1,797,560 Bajaj Finserv Ltd (Financial Services)
Equity, Since 31 Mar 24 | 5329785% ₹72 Cr 401,335
↓ -75,000 Reliance Industries Ltd (Energy)
Equity, Since 28 Feb 23 | 5003255% ₹71 Cr 235,429
↓ -21,500 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Oct 21 | SUNPHARMA4% ₹58 Cr 320,263
↓ -126,350 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | 5322153% ₹43 Cr 363,107
↑ 60,000 Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 31 Aug 23 | 5403763% ₹40 Cr 80,378 HDFC Life Insurance Co Ltd (Financial Services)
Equity, Since 31 Mar 24 | 5407772% ₹34 Cr 465,967
↓ -159,500 IndusInd Bank Ltd (Financial Services)
Equity, Since 30 Apr 24 | 5321872% ₹34 Cr 241,165
↓ -27,000 5. ICICI Prudential Infrastructure Fund
CAGR/Annualized
return of 17.1% since its launch. Ranked 27 in Sectoral
category. Return for 2023 was 44.6% , 2022 was 28.8% and 2021 was 50.1% . ICICI Prudential Infrastructure Fund
Growth Launch Date 31 Aug 05 NAV (01 Oct 24) ₹202.73 ↑ 0.27 (0.13 %) Net Assets (Cr) ₹6,143 on 31 Aug 24 Category Equity - Sectoral AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk High Expense Ratio 2.22 Sharpe Ratio 3.45 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 19 ₹10,000 30 Sep 20 ₹8,189 30 Sep 21 ₹16,429 30 Sep 22 ₹18,446 30 Sep 23 ₹25,595 30 Sep 24 ₹41,192 Returns for ICICI Prudential Infrastructure Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 30 Sep 24 Duration Returns 1 Month 3.3% 3 Month 6.4% 6 Month 20.8% 1 Year 61.2% 3 Year 36.1% 5 Year 33.3% 10 Year 15 Year Since launch 17.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 44.6% 2022 28.8% 2021 50.1% 2020 3.6% 2019 2.6% 2018 -14% 2017 40.8% 2016 2% 2015 -3.4% 2014 56.2% Fund Manager information for ICICI Prudential Infrastructure Fund
Name Since Tenure Ihab Dalwai 3 Jun 17 7.25 Yr. Sharmila D’mello 30 Jun 22 2.17 Yr. Data below for ICICI Prudential Infrastructure Fund as on 31 Aug 24
Equity Sector Allocation
Sector Value Industrials 31.8% Basic Materials 19.84% Financial Services 18.18% Utility 14.58% Energy 5.54% Consumer Cyclical 1.54% Real Estate 1.24% Communication Services 1.05% Asset Allocation
Asset Class Value Cash 5.49% Equity 93.76% Debt 0.75% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 09 | 5005107% ₹413 Cr 1,116,119
↑ 126,119 NTPC Ltd (Utilities)
Equity, Since 29 Feb 16 | 5325556% ₹381 Cr 9,165,698 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 16 | 5321744% ₹270 Cr 2,200,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 22 | 5001804% ₹264 Cr 1,610,000 Kalpataru Projects International Ltd (Industrials)
Equity, Since 30 Sep 06 | 5222874% ₹237 Cr 1,758,276 Gujarat Gas Ltd (Utilities)
Equity, Since 31 Jan 23 | 5393363% ₹200 Cr 3,303,340
↓ -94,737 NCC Ltd (Industrials)
Equity, Since 31 Aug 21 | 5002943% ₹195 Cr 6,100,157 JM Financial Ltd (Financial Services)
Equity, Since 31 Oct 21 | 5234053% ₹174 Cr 16,363,241
↑ 4,480,218 Shree Cement Ltd (Basic Materials)
Equity, Since 30 Apr 24 | 5003873% ₹172 Cr 67,622
↑ 43,310 Nuvoco Vista Corp Ltd (Basic Materials)
Equity, Since 28 Feb 23 | 5433343% ₹166 Cr 4,887,713
↑ 133,664
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