No tags yet.
“An investment in knowledge pays the best interest”.
Yes, rightly said by Benjamin Franklin that when it comes to investing, educating yourself is the vital role to play for an investor because nothing will pay more than doing the necessary research, analysis, and study before making any kind of investing decision.
Why can’t an investor can go with India’s leading fund house to invest in for long-term capital gains and can avail the different kind of benefits attached to various schemes? So here we are talking about ICICI Mutual Fund for successful investment. The AMC is one of the leading and top performing mutual fund houses in India. ICICI MF is the biggest Asset Management Company (AMC) in the country. It aims to bridge the gap between savings & investments and provide long-term wealth creation opportunities to the investors through the variety of simple and relevant investments schemes.
So, here is the detailed information about the AMC to know more about it, and to get the answer as to why it is one of the good options for investment.
ICICI Prudential Mutual Fund- Basic Information The AMC is a joint venture of ICICI, a well-known and a trusted name in delivering the financial services in India and Prudential Plc, is one of the UK’s largest financial service provider. With this successful joint venture, the company has secured a great position in pre-eminence in the Indian Mutual Fund Industry. The AMC is also indulged in the Portfolio Management Services for investors, spread all over the country along with the international advisory mandates for its investors across the international market. The AMC has shown substantial growth in scale, from mainly 2 locations and 6 employees from its inception of the joint venture in 1998, to the current strength of 1913 employees with a reach across over 200 locations reaching out to an investor base of more than 3 million investors (As on March 31, 2018).
Benefits and Features of Investing in ICICI Pru Mutual Fund
Risk diversification - There is a great risk diversification for the investors investing in the funds asset allocation in equity and debt securities. Liquidity - Depending on the investors’ needs, withdrawals can be made from the funds of ICICI MF, whether it be partial or full withdrawal. Transparency - ICICI Mutual Fund provides all the information about where and how the corpus has been invested to their potential investors. Low cost - There is no entry and exit loads on investors from the AMC. Flexibility - The fund house provides one of the unique advantage to their investor that they can easily switch from investing in one to the other fund as per their wish.
Different Investment Products Offered by the ICICI Pru Mutual Fund
Equity Funds - The funds of ICICI Mutual Fund falling in the equity category benefits an investor of investing in the stock market. Online ICICI Mutual Fund NAV is focused on the fulfillment of long-term financial goals of an investor.
Balanced Funds - This type of fund invests in both equity and debt markets simultaneously. The exposure of the fund depends on the which type of fund it is, whether debt or an equity fund.
Debt Funds - These investment options invest in long or short-term bonds, money market instruments, etc. They aim to persevere the initial invested capital through the wealth creation at currently available funds.
Funds of Funds - FOFs are such plans of the AMC which invest in other mutual funds. They are meant to cater different risk appetites whether it be low, medium, or high.
Top Performing Funds of ICICI MF:
ICICI Prudential Bluechip Fund
ICICI Prudential Equity & Debt Fund
ICICI Prudential Long Term Equity Fund (Tax Saving) (G)
ICICI Prudential Technology Fund
ICICI Prudential Banking & Financial Services Fund
ICICI Prudential Mutual Fund is the best option to invest the corpus for accomplishing long and short-term financial goals of an investor. It is India’s leading asset management company which endeavors the gap of Savings & investment by creating long-term wealth and value for investors through its innovative schemes.
The article is all about ICICI Mutual Fund, which is one of the well-established mutual funds in India and takes care of all the needs of its investors to keep them happily invested.