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Top 5 Best Equity Funds by ICICI Prudential Mutual Fund 2024

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5 Best Equity Funds by ICICI Prudential Mutual Fund 2024

Updated on September 29, 2024 , 27074 views

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

Why Invest in ICICI Equity Funds?

a. Tax Benefits

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.

b. Long-term Investment Goals

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.

c. Excellent Ratings

Many of the ICICI equity schemes have a CRISIL rating of three and above.

d. Consistent Returns

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.

Best ICICI Prudential Equity Mutual Funds

FundNAVNet 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
₹3,31711.57.227.413.217.430.60.74
ICICI Prudential Global Stable Equity Fund Growth ₹26.67
↓ -0.06
₹12310.76.617.69.611.111.70.44
ICICI Prudential FMCG Fund Growth ₹548.94
↓ -1.86
₹1,81513.921.423.918.116.923.31.15
ICICI Prudential Exports and Other Services Fund Growth ₹167.3
↓ -1.62
₹1,40311.222.746.822.32527.13.34
ICICI Prudential Infrastructure Fund Growth ₹202.73
↑ 0.27
₹6,1436.420.861.236.133.344.63.45
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

1. ICICI Prudential US Bluechip Equity Fund

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 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% .

Below is the key information for ICICI Prudential US Bluechip Equity Fund

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.

DateValue
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

ICICI Prudential US Bluechip Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047
Invest Now

Returns for ICICI Prudential US Bluechip Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Sep 24

DurationReturns
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
YearReturns
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
NameSinceTenure
Ritesh Lunawat13 Sep 240 Yr.
Sharmila D’mello1 Jul 222.17 Yr.

Data below for ICICI Prudential US Bluechip Equity Fund as on 31 Aug 24

Equity Sector Allocation
SectorValue
Health Care22.84%
Technology17.06%
Industrials16.05%
Consumer Defensive13.99%
Financial Services8.49%
Consumer Cyclical7.94%
Basic Materials6.25%
Communication Services5.09%
Energy0.27%
Asset Allocation
Asset ClassValue
Cash2.01%
Equity97.99%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
International Flavors & Fragrances Inc (Basic Materials)
Equity, Since 30 Sep 22 | IFF
3%₹91 Cr104,186
Veeva Systems Inc Class A (Healthcare)
Equity, Since 31 Oct 21 | VEE
3%₹90 Cr49,306
↓ -1,000
MarketAxess Holdings Inc (Financial Services)
Equity, Since 30 Jun 23 | MWI
3%₹88 Cr43,289
Kenvue Inc (Consumer Defensive)
Equity, Since 31 Mar 24 | KVUE
3%₹88 Cr475,560
Gilead Sciences Inc (Healthcare)
Equity, Since 31 Mar 23 | GILD
3%₹85 Cr128,225
Adobe Inc (Technology)
Equity, Since 31 Mar 24 | 0R2Y
3%₹85 Cr17,613
↑ 3,131
Altria Group Inc (Consumer Defensive)
Equity, Since 31 Dec 23 | PHM7d
2%₹82 Cr182,378
Pfizer Inc (Healthcare)
Equity, Since 31 Mar 23 | PFE
2%₹82 Cr337,963
↑ 26,500
Campbell Soup Co (Consumer Defensive)
Equity, Since 30 Sep 23 | CSC
2%₹82 Cr196,153
Bristol-Myers Squibb Co (Healthcare)
Equity, Since 31 Dec 23 | BRM
2%₹82 Cr194,612

2. ICICI Prudential Global Stable Equity Fund

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 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% .

Below is the key information for ICICI Prudential Global Stable Equity Fund

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.

DateValue
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

ICICI Prudential Global Stable Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518
Invest Now

Returns for ICICI Prudential Global Stable Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Sep 24

DurationReturns
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
YearReturns
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
NameSinceTenure
Ritesh Lunawat13 Sep 240 Yr.
Sharmila D’mello1 Apr 222.42 Yr.

Data below for ICICI Prudential Global Stable Equity Fund as on 31 Aug 24

Equity Sector Allocation
SectorValue
Health Care22.27%
Consumer Defensive15.95%
Communication Services15.71%
Technology13.94%
Utility8.84%
Consumer Cyclical7.87%
Industrials6.48%
Financial Services6.24%
Basic Materials0.9%
Real Estate0.52%
Asset Allocation
Asset ClassValue
Cash1.27%
Equity98.73%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Nordea 1 - Global Stable Equity Z USD
Investment Fund | -
100%₹123 Cr340,060
↓ -3,628
Treps
CBLO/Reverse Repo | -
0%₹0 Cr
Net Current Assets
Net Current Assets | -
0%₹0 Cr

3. ICICI Prudential FMCG Fund

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 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% .

Below is the key information for ICICI Prudential FMCG Fund

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.

DateValue
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

ICICI Prudential FMCG Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹458,689.
Net Profit of ₹158,689
Invest Now

Returns for ICICI Prudential FMCG Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Sep 24

DurationReturns
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
YearReturns
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
NameSinceTenure
Priyanka Khandelwal15 Jun 177.22 Yr.
Sharmila D’mello30 Jun 222.18 Yr.

Data below for ICICI Prudential FMCG Fund as on 31 Aug 24

Equity Sector Allocation
SectorValue
Consumer Defensive90.63%
Consumer Cyclical1.37%
Basic Materials1.17%
Health Care0.21%
Asset Allocation
Asset ClassValue
Cash6.62%
Equity93.38%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | 500875
28%₹509 Cr10,137,691
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 May 16 | HINDUNILVR
17%₹313 Cr1,126,882
↓ -54,877
Nestle India Ltd (Consumer Defensive)
Equity, Since 31 Jul 22 | NESTLEIND
9%₹171 Cr684,474
Godrej Consumer Products Ltd (Consumer Defensive)
Equity, Since 31 Mar 22 | GODREJCP
5%₹96 Cr645,389
↑ 16,636
Tata Consumer Products Ltd (Consumer Defensive)
Equity, Since 30 Apr 24 | TATACONSUM
5%₹87 Cr728,471
↑ 708,112
Gillette India Ltd (Consumer Defensive)
Equity, Since 30 Jun 21 | 507815
4%₹76 Cr85,511
↓ -363
Dabur India Ltd (Consumer Defensive)
Equity, Since 31 Jan 16 | 500096
4%₹74 Cr1,156,097
Britannia Industries Ltd (Consumer Defensive)
Equity, Since 31 Aug 13 | 500825
4%₹70 Cr118,958
↑ 30,804
United Spirits Ltd (Consumer Defensive)
Equity, Since 31 Jan 23 | UNITDSPR
3%₹60 Cr405,871
United Breweries Ltd (Consumer Defensive)
Equity, Since 31 Oct 19 | 532478
3%₹47 Cr228,599

4. ICICI Prudential Exports and Other Services Fund

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 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% .

Below is the key information for ICICI Prudential Exports and Other Services Fund

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.

DateValue
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

ICICI Prudential Exports and Other Services Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹570,326.
Net Profit of ₹270,326
Invest Now

Returns for ICICI Prudential Exports and Other Services Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Sep 24

DurationReturns
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
YearReturns
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
NameSinceTenure
Sankaran Naren14 Jul 177.14 Yr.
Priyanka Khandelwal1 May 231.34 Yr.
Sri Sharma1 May 231.34 Yr.
Sharmila D’mello30 Jun 222.18 Yr.

Data below for ICICI Prudential Exports and Other Services Fund as on 31 Aug 24

Equity Sector Allocation
SectorValue
Financial Services38.99%
Health Care11.17%
Industrials10.85%
Utility5.9%
Communication Services5.69%
Energy5.07%
Technology3.96%
Consumer Cyclical3.88%
Consumer Defensive2.82%
Basic Materials0.93%
Real Estate0.7%
Asset Allocation
Asset ClassValue
Cash10.04%
Equity89.96%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 22 | 500180
9%₹130 Cr791,160
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 19 | 532174
7%₹98 Cr800,756
NTPC Ltd (Utilities)
Equity, Since 30 Nov 22 | 532555
5%₹75 Cr1,797,560
Bajaj Finserv Ltd (Financial Services)
Equity, Since 31 Mar 24 | 532978
5%₹72 Cr401,335
↓ -75,000
Reliance Industries Ltd (Energy)
Equity, Since 28 Feb 23 | 500325
5%₹71 Cr235,429
↓ -21,500
Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Oct 21 | SUNPHARMA
4%₹58 Cr320,263
↓ -126,350
Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | 532215
3%₹43 Cr363,107
↑ 60,000
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 31 Aug 23 | 540376
3%₹40 Cr80,378
HDFC Life Insurance Co Ltd (Financial Services)
Equity, Since 31 Mar 24 | 540777
2%₹34 Cr465,967
↓ -159,500
IndusInd Bank Ltd (Financial Services)
Equity, Since 30 Apr 24 | 532187
2%₹34 Cr241,165
↓ -27,000

5. ICICI Prudential Infrastructure Fund

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 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% .

Below is the key information for ICICI Prudential Infrastructure Fund

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.

DateValue
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

ICICI Prudential Infrastructure Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹689,048.
Net Profit of ₹389,048
Invest Now

Returns for ICICI Prudential Infrastructure Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Sep 24

DurationReturns
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
YearReturns
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
NameSinceTenure
Ihab Dalwai3 Jun 177.25 Yr.
Sharmila D’mello30 Jun 222.17 Yr.

Data below for ICICI Prudential Infrastructure Fund as on 31 Aug 24

Equity Sector Allocation
SectorValue
Industrials31.8%
Basic Materials19.84%
Financial Services18.18%
Utility14.58%
Energy5.54%
Consumer Cyclical1.54%
Real Estate1.24%
Communication Services1.05%
Asset Allocation
Asset ClassValue
Cash5.49%
Equity93.76%
Debt0.75%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 09 | 500510
7%₹413 Cr1,116,119
↑ 126,119
NTPC Ltd (Utilities)
Equity, Since 29 Feb 16 | 532555
6%₹381 Cr9,165,698
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 16 | 532174
4%₹270 Cr2,200,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 22 | 500180
4%₹264 Cr1,610,000
Kalpataru Projects International Ltd (Industrials)
Equity, Since 30 Sep 06 | 522287
4%₹237 Cr1,758,276
Gujarat Gas Ltd (Utilities)
Equity, Since 31 Jan 23 | 539336
3%₹200 Cr3,303,340
↓ -94,737
NCC Ltd (Industrials)
Equity, Since 31 Aug 21 | 500294
3%₹195 Cr6,100,157
JM Financial Ltd (Financial Services)
Equity, Since 31 Oct 21 | 523405
3%₹174 Cr16,363,241
↑ 4,480,218
Shree Cement Ltd (Basic Materials)
Equity, Since 30 Apr 24 | 500387
3%₹172 Cr67,622
↑ 43,310
Nuvoco Vista Corp Ltd (Basic Materials)
Equity, Since 28 Feb 23 | 543334
3%₹166 Cr4,887,713
↑ 133,664

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