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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 ₹59.16
↑ 0.48 ₹3,031 4.4 5.8 9.4 9.2 16.2 30.6 0.22 ICICI Prudential Global Stable Equity Fund Growth ₹24.76
↓ -0.08 ₹115 3.4 2.8 5.3 6.5 10.2 11.7 -0.14 ICICI Prudential FMCG Fund Growth ₹513.8
↓ -1.65 ₹1,613 14.8 9.7 13.5 20.1 17.3 23.3 0.33 ICICI Prudential Exports and Other Services Fund Growth ₹154.34
↑ 0.69 ₹1,304 11.5 20.6 42.3 24 22.4 27.1 2.98 ICICI Prudential Infrastructure Fund Growth ₹191.17
↓ -0.54 ₹5,703 12 29.4 63 39 30.4 44.6 3.72 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Jul 24 Note: Ratio's shown as on 30 Jun 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 15.9% 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 (22 Jul 24) ₹59.16 ↑ 0.48 (0.82 %) Net Assets (Cr) ₹3,031 on 30 Jun 24 Category Equity - Global AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk High Expense Ratio 2.18 Sharpe Ratio 0.22 Information Ratio -0.77 Alpha Ratio -15.46 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 Jun 19 ₹10,000 30 Jun 20 ₹12,164 30 Jun 21 ₹16,665 30 Jun 22 ₹14,863 30 Jun 23 ₹19,346 30 Jun 24 ₹21,226 Returns for ICICI Prudential US Bluechip Equity Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Jul 24 Duration Returns 1 Month 2.1% 3 Month 4.4% 6 Month 5.8% 1 Year 9.4% 3 Year 9.2% 5 Year 16.2% 10 Year 15 Year Since launch 15.9% 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 Rohan Maru 19 Sep 13 10.79 Yr. Sharmila D’mello 1 Jul 22 2 Yr. Data below for ICICI Prudential US Bluechip Equity Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Health Care 22.67% Industrials 19.79% Technology 16.45% Consumer Defensive 12.88% Consumer Cyclical 7.75% Basic Materials 6.48% Communication Services 6.27% Financial Services 6.08% Asset Allocation
Asset Class Value Cash 1.63% Equity 98.37% Top Securities Holdings / Portfolio
Name Holding Value Quantity International Flavors & Fragrances Inc (Basic Materials)
Equity, Since 30 Sep 22 | IFF3% ₹83 Cr 104,186
↓ -1,457 Corteva Inc (Basic Materials)
Equity, Since 30 Jun 23 | CTVA3% ₹80 Cr 177,140 Allegion PLC (Industrials)
Equity, Since 30 Sep 22 | ALLE3% ₹79 Cr 79,786 Veeva Systems Inc Class A (Healthcare)
Equity, Since 31 Oct 21 | VEEV3% ₹77 Cr 50,306
↑ 1,822 Comcast Corp Class A (Communication Services)
Equity, Since 31 May 20 | CTP22% ₹75 Cr 230,818 Equifax Inc (Industrials)
Equity, Since 30 Sep 21 | EFX2% ₹75 Cr 37,075 Alphabet Inc Class C (Communication Services)
Equity, Since 31 Jan 18 | GOOG2% ₹75 Cr 48,708
↓ -11,125 Biogen Inc (Healthcare)
Equity, Since 31 Dec 15 | BIIB2% ₹74 Cr 38,298
↓ -4,200 Bristol-Myers Squibb Co (Healthcare)
Equity, Since 31 Dec 23 | BMY2% ₹74 Cr 213,212 Zimmer Biomet Holdings Inc (Healthcare)
Equity, Since 31 Mar 17 | ZBH2% ₹74 Cr 81,299
↑ 4,948 2. ICICI Prudential Global Stable Equity Fund
CAGR/Annualized
return of 8.7% 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 (22 Jul 24) ₹24.76 ↓ -0.08 (-0.32 %) Net Assets (Cr) ₹115 on 30 Jun 24 Category Equity - Global AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk High Expense Ratio 1.41 Sharpe Ratio -0.14 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 Jun 19 ₹10,000 30 Jun 20 ₹10,531 30 Jun 21 ₹13,517 30 Jun 22 ₹13,291 30 Jun 23 ₹15,236 30 Jun 24 ₹15,985 Returns for ICICI Prudential Global Stable Equity Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Jul 24 Duration Returns 1 Month 2% 3 Month 3.4% 6 Month 2.8% 1 Year 5.3% 3 Year 6.5% 5 Year 10.2% 10 Year 15 Year Since launch 8.7% 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 Rohan Maru 19 Sep 13 10.79 Yr. Sharmila D’mello 1 Apr 22 2.25 Yr. Data below for ICICI Prudential Global Stable Equity Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Health Care 21.94% Communication Services 16.64% Consumer Defensive 16.34% Technology 13.69% Utility 9.13% Consumer Cyclical 7.55% Industrials 6.7% Financial Services 6% Basic Materials 0.7% Real Estate 0.5% Asset Allocation
Asset Class Value Cash 0.82% Equity 99.18% Top Securities Holdings / Portfolio
Name Holding Value Quantity Nordea 1 - Global Stable Equity Z USD
Investment Fund | -100% ₹116 Cr 347,443
↓ -1,539 Net Current Assets
Net Current Assets | -0% ₹0 Cr Treps
CBLO/Reverse Repo | -0% ₹0 Cr 3. ICICI Prudential FMCG Fund
CAGR/Annualized
return of 16.8% 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 (22 Jul 24) ₹513.8 ↓ -1.65 (-0.32 %) Net Assets (Cr) ₹1,613 on 30 Jun 24 Category Equity - Sectoral AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk High Expense Ratio 2.39 Sharpe Ratio 0.33 Information Ratio -0.1 Alpha Ratio -0.03 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 Jun 19 ₹10,000 30 Jun 20 ₹9,817 30 Jun 21 ₹12,342 30 Jun 22 ₹14,044 30 Jun 23 ₹18,364 30 Jun 24 ₹20,180 Returns for ICICI Prudential FMCG Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Jul 24 Duration Returns 1 Month 7.4% 3 Month 14.8% 6 Month 9.7% 1 Year 13.5% 3 Year 20.1% 5 Year 17.3% 10 Year 15 Year Since launch 16.8% 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 7.05 Yr. Sharmila D’mello 30 Jun 22 2.01 Yr. Data below for ICICI Prudential FMCG Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Consumer Defensive 90.22% Consumer Cyclical 1.6% Basic Materials 0.6% Health Care 0.03% Asset Allocation
Asset Class Value Cash 7.55% Equity 92.45% Top Securities Holdings / Portfolio
Name Holding Value Quantity ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC27% ₹431 Cr 10,137,691
↓ -825,600 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 May 16 | HINDUNILVR18% ₹292 Cr 1,181,759
↑ 9,000 Nestle India Ltd (Consumer Defensive)
Equity, Since 31 Jul 22 | NESTLEIND8% ₹137 Cr 535,626
↑ 53,157 Godrej Consumer Products Ltd (Consumer Defensive)
Equity, Since 31 Mar 22 | GODREJCP5% ₹87 Cr 628,753
↓ -56,802 Dabur India Ltd (Consumer Defensive)
Equity, Since 31 Jan 16 | DABUR5% ₹74 Cr 1,226,097
↓ -115,000 Gillette India Ltd (Consumer Defensive)
Equity, Since 30 Jun 21 | GILLETTE4% ₹62 Cr 85,874
↓ -63 Tata Consumer Products Ltd (Consumer Defensive)
Equity, Since 30 Apr 24 | TATACONSUM3% ₹53 Cr 479,342
↑ 284,119 United Spirits Ltd (Consumer Defensive)
Equity, Since 31 Jan 23 | UNITDSPR3% ₹52 Cr 405,871
↓ -53,876 Britannia Industries Ltd (Consumer Defensive)
Equity, Since 31 Aug 13 | 5008253% ₹48 Cr 88,154
↑ 30,000 Procter & Gamble Hygiene and Health Care Ltd (Consumer Defensive)
Equity, Since 29 Feb 20 | PGHH3% ₹46 Cr 27,429
↓ -700 4. ICICI Prudential Exports and Other Services Fund
CAGR/Annualized
return of 15.8% 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 (22 Jul 24) ₹154.34 ↑ 0.69 (0.45 %) Net Assets (Cr) ₹1,304 on 30 Jun 24 Category Equity - Sectoral AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk High Expense Ratio 2.41 Sharpe Ratio 2.98 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 Jun 19 ₹10,000 30 Jun 20 ₹8,849 30 Jun 21 ₹13,960 30 Jun 22 ₹15,099 30 Jun 23 ₹18,323 30 Jun 24 ₹26,285 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 22 Jul 24 Duration Returns 1 Month 4.6% 3 Month 11.5% 6 Month 20.6% 1 Year 42.3% 3 Year 24% 5 Year 22.4% 10 Year 15 Year Since launch 15.8% 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 6.97 Yr. Priyanka Khandelwal 1 May 23 1.17 Yr. Sri Sharma 1 May 23 1.17 Yr. Sharmila D’mello 30 Jun 22 2 Yr. Data below for ICICI Prudential Exports and Other Services Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Financial Services 35.5% Health Care 13.64% Industrials 9.22% Technology 8.97% Communication Services 7.27% Utility 6.9% Energy 6.17% Consumer Defensive 3.13% Consumer Cyclical 1.07% Basic Materials 0.96% Real Estate 0.92% Asset Allocation
Asset Class Value Cash 9.37% Equity 90.63% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 19 | ICICIBANK7% ₹96 Cr 800,756
↓ -140,000 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 22 | HDFCBANK7% ₹87 Cr 514,660
↓ -185,000 NTPC Ltd (Utilities)
Equity, Since 30 Nov 22 | NTPC6% ₹82 Cr 2,157,792
↑ 50,000 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Oct 21 | SUNPHARMA6% ₹81 Cr 535,067
↓ -59,500 Reliance Industries Ltd (Energy)
Equity, Since 28 Feb 23 | RELIANCE6% ₹80 Cr 256,929
↓ -39,250 HDFC Life Insurance Company Limited (Financial Services)
Equity, Since 31 Mar 24 | HDFCLIFE4% ₹51 Cr 855,267
↑ 148,684 Infosys Ltd (Technology)
Equity, Since 30 Sep 17 | INFY4% ₹50 Cr 321,944
↓ -128,000 HCL Technologies Ltd (Technology)
Equity, Since 29 Feb 20 | 5322813% ₹45 Cr 306,947
↑ 233,647 Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 31 Aug 23 | DMART3% ₹41 Cr 86,589
↓ -7,627 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | AXISBANK3% ₹38 Cr 303,107
↓ -123,384 5. ICICI Prudential Infrastructure Fund
CAGR/Annualized
return of 16.9% 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 (23 Jul 24) ₹191.17 ↓ -0.54 (-0.28 %) Net Assets (Cr) ₹5,703 on 30 Jun 24 Category Equity - Sectoral AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk High Expense Ratio 2.22 Sharpe Ratio 3.72 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 Jun 19 ₹10,000 30 Jun 20 ₹7,392 30 Jun 21 ₹12,936 30 Jun 22 ₹14,921 30 Jun 23 ₹21,145 30 Jun 24 ₹35,311 Returns for ICICI Prudential Infrastructure Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Jul 24 Duration Returns 1 Month 2.2% 3 Month 12% 6 Month 29.4% 1 Year 63% 3 Year 39% 5 Year 30.4% 10 Year 15 Year Since launch 16.9% 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 7.08 Yr. Sharmila D’mello 30 Jun 22 2.01 Yr. Data below for ICICI Prudential Infrastructure Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Industrials 30.35% Basic Materials 17.84% Financial Services 16.23% Utility 14.53% Energy 7.78% Consumer Cyclical 2.03% Real Estate 1.95% Communication Services 1.4% Asset Allocation
Asset Class Value Cash 7.16% Equity 92.1% Debt 0.74% Top Securities Holdings / Portfolio
Name Holding Value Quantity NTPC Ltd (Utilities)
Equity, Since 29 Feb 16 | NTPC6% ₹369 Cr 9,765,698 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 09 | LT6% ₹323 Cr 910,000
↑ 190,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 22 | HDFCBANK5% ₹271 Cr 1,610,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 16 | ICICIBANK5% ₹264 Cr 2,200,000
↑ 100,000 Gujarat Gas Ltd (Utilities)
Equity, Since 31 Jan 23 | GUJGASLTD4% ₹214 Cr 3,398,077 Kalpataru Projects International Ltd (Industrials)
Equity, Since 30 Sep 06 | KPIL4% ₹207 Cr 1,758,276
↑ 177,553 NCC Ltd (Industrials)
Equity, Since 31 Aug 21 | NCC3% ₹193 Cr 6,100,157
↑ 100,157 Nuvoco Vista Corp Ltd (Basic Materials)
Equity, Since 28 Feb 23 | 5433343% ₹169 Cr 4,656,019
↑ 345,202 Grasim Industries Ltd (Basic Materials)
Equity, Since 31 Aug 23 | GRASIM2% ₹141 Cr 526,423
↓ -93,577 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 30 Jun 17 | ONGC2% ₹131 Cr 4,780,800
↑ 600,000
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