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ICICI Mutual Fund is one of the premier mutual fund companies in India that has helped investors earn well by parking their money in its schemes under different categories such as Equity, Debt, Hybrid, etc. In this article we are going to share hybrid schemes which are those schemes that invest in equity as well as debt and money market instruments and thus helps investors in earning stable returns along with capital appreciation. In this article, we are going to discuss about various hybrid schemes by this MF.
ICICI Prudential Equity Savings Fund (G)
Formerly known as ICICI Prudential Equity Income Fund, this scheme by ICICI Pru Mutual Fund helps investors earn regular income through investment in debt and money market instruments and following investment strategies related to arbitrage and other derivatives. It also invests a portion of the assets in equity and equity related instruments to generate long-term capital appreciation. The minimum application amount with which an investor may start investing in this scheme is Rs. 5000.
ICICI Prudential Equity-Arbitrage Fund (G)
The investment objective of this scheme is to help investors earn short term low volatility returns by following arbitrage and derivative strategies in the equity market. The risk involved in this scheme is moderate on the principal amount. Minimum application amount in this scheme is Rs. 5000 for new investors and additional amount for existing investors is Rs. 1000.
ICICI Prudential Multi-Asset Fund (G)
Formerly known as ICICI Prudential Dynamic Plan. The investment objective of this scheme is to earn capital growth and income through investment made across asset classes. It invests in at least three asset classes with a minimum of 10% allocation in each class. An investor who is willing to invest in this scheme may do so by investing a minimum of Rs. 5000. The existing investors may start investing in this scheme with a minimum amount of Rs. 1000.
ICICI Prudential Balanced Advantage Fund (G)
It is an open-ended scheme that invests in equity, equity derivatives and arbitrage opportunities to generate long-term capital appreciation. The risk involved in this scheme on the principal amount is moderately high. The minimum application amount for new investors is Rs. 500 and the additional application amount for existing investors is Rs. 100.
ICICI Prudential Equity & Debt Fund (G)
Formerly known as ICICI Prudential Balanced Fund. This scheme provides investors an opportunity to earn long-term capital appreciation along with regular income through an investment made in equity and equity related instruments along with debt and money market securities. The minimum investment amount in this scheme is Rs. 5000 and the additional investment amount is Rs. 1000.
ICICI Prudential Regular Savings Fund (G)
This scheme was earlier known as ICICI Prudential MIP 25 Fund. The investment objective of this scheme is to generate regular income by investing predominantly in debt and money market instruments and capital appreciation through investment in equity and equity related instruments. The minimum application amount with which an investor may start investing in this scheme is Rs. 5000 and minimum additional amount is Rs. 500.
To invest in the above ICICI MF schemes, log on to MySIPonline, a one stop platform tailor-made to fulfill an investor’s various needs.