ICICI Prudential Mutual Fund Top 6 Equity Funds: The top 6 equity schemes of ICICI Prudential Mutual Fund, one of the biggest mutual fund houses of the country, have given returns ranging from 53 percent to 67 percent in the last one year. These include schemes focusing on different sectors like PSU, healthcare, infrastructure and logistics. Among all these schemes, the scheme giving the highest returns is ICICI Prudential PSU Equity Fund, which has doubled the money of its investors in just two years. Let us know about the top 6 schemes of ICICI Prudential Mutual Fund and their performance in the last one year.
1. ICICI Prudential PSU Equity Fund
-1 Year Return (Direct Plan): 67.77%
-AUM (by September 2024): Rs 2,450.65 crore
-Benchmark: BSE PSU Total Return Index
-Focus Sector: Public Sector Undertakings (PSU)
The fund invests exclusively in public sector companies (PSUs) and its major holdings include:
– State Bank of India
– NTPC
– Power Grid Corporation of India
The special thing is that ICICI Prudential PSU Equity Fund has doubled the investors’ money in just two years. In this respect, it can be included among the most successful equity funds of the country.
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2. ICICI Prudential Pharma Healthcare and Diagnostics (PHD) Fund
-1 Year Return (Direct Plan): 63.76%
-AUM (by September 2024): Rs 5,094.08 crore
-Benchmark: BSE Healthcare Total Return Index
-Focus Sector: Pharma, Healthcare and Diagnostics
This fund based on pharma and healthcare sector is known to give stable and high returns in the long run. The major holdings in this are of pharma and healthcare companies, which have shown good growth since the pandemic.
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3. ICICI Prudential Infrastructure Fund
-1 Year Return (Direct Plan): 57.11%
-AUM (by September 2024): Rs 6,721.35 crore
-Benchmark: BSE India Infrastructure Total Return Index
-Focus Sector: Infrastructure
This fund, which has invested heavily in the infrastructure sector, has given a return of 57% in the last one year.
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4. ICICI Prudential Innovation Fund
-1 Year Return (Direct Plan): 56.30%
-AUM (by September 2024): Rs 6,566.26 crore
-Benchmark: Nifty 500 Total Return Index
-Focus Sector: Innovation based companies
This fund invests in companies based on innovation, which are leaders in the development of new technologies and services. It has given excellent returns last year.
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5. ICICI Prudential Manufacturing Fund
-1 Year Return (Direct Plan): 56.08%
-AUM (by September 2024): Rs 7,033.06 crore
-Benchmark: Nifty India Manufacturing Total Return Index
-Focus Sector: Manufacturing
This fund invests in manufacturing companies, which contribute significantly to the economic development of the country. The major holdings in this are of big companies in the manufacturing sector.
6. ICICI Prudential Transportation and Logistics Fund
-1 Year Return (Direct Plan): 53.95%
-AUM (by September 2024): Rs 3,246.81 crore
-Benchmark: Nifty Transportation & Logistics Total Return Index
-Focus Sector: Transportation and Logistics
This fund, which invests in transportation and logistics sector, has given a return of 53% to investors. The major companies involved in this include railways, shipping and logistics service providers.
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Important things to know before investing
-Investment for long term: These equity funds of ICICI Prudential are ideal for long term investors, as they are giving high returns in different sectors.
-Diversification: The portfolio of funds is spread across different sectors, which helps in risk management.
-High Returns: These funds have given excellent returns of 53% to 67% in the last one year, which makes them an attractive option for investors.
For whom are these equity funds suitable?
These top 6 equity funds of ICICI Prudential have performed well in the last one year, focusing on sectors like PSU, healthcare, infrastructure and logistics. This is a great opportunity for those investors who want to get high returns by investing for a long term. But being equity funds, there is market risk associated with them, so before taking any decision regarding investment, keep in mind your risk appetite.
(Disclaimer: The purpose of this article is only to provide information, not to give advice on investing in any fund. Take any investment decision only after taking the advice of your investment advisor.)