There may be huge fluctuations in the stock market, but the equity schemes of mutual funds remain untouched by it. If invested in SIP for a long time, it gives better returns. ICICI Prudential has five such equity schemes which have given annual returns of up to 18.5 percent in 15 years.
Monthly investment of Rs 5000 becomes Rs 48.41
Talking about investing in equity, ICICI Prudential Mutual Fund is a big name in this field. This has benefited those investors who remained invested despite market fluctuations. The AUM of ICICI Prudential Midcap Fund is Rs 7,789 crore. This scheme invests in mid-sized companies that have the potential to become future market leaders. As per SEBI classification, mid-cap companies are those which are ranked 101st to 250th on the basis of market capitalization. This fund has given a CAGR return of 18.50% in 15 years. In 15 years, monthly SIP investment of Rs 5,000 has become Rs 48.41 lakh. In the same period, the SIP amount of Rs 10,000 has become approximately Rs 96.83 lakh.
What is Prudential Value Fund’s Value Investing?
With an AUM of Rs 58,954 crore, ICICI Prudential Value Fund follows a ‘value investing’ approach. It looks for investment opportunities in those companies whose price seems lower than their actual value (intrinsic value). The objective of this strategy is to identify businesses with strong fundamentals that may have been ignored by the market for some time. This fund has given a CAGR return of 16.44% in 15 years. In 15 years, SIP of Rs 5,000 has increased to approximately Rs 39.14 lakh. Around ₹78.28 lakh was deposited from monthly SIP of Rs 10,000. With an AUM of Rs 17,675.80 crore, ICICI Prudential Multicap Fund invests in large-cap, mid-cap and small-cap companies, giving investors the opportunity to invest in multiple segments of the equity market. The fund has given a CAGR return of 15.65% in 15 years. In 15 years, the monthly SIP amount of Rs 5,000 has become Rs 36.12 lakh and the amount of SIP Rs 10,000 has become Rs 72.25 lakh.
where is your money invested
With an AUM of Rs 30,147 crore, ICICI Prudential Large & Mid Cap Fund invests in a mix of established large-cap companies and emerging mid-cap businesses. This fund has given a CAGR return of 15.36% in 15 years. In 15 years, the SIP amount of Rs 5,000 has increased to Rs 35.08 lakh. Around Rs 70.17 lakh has been deposited from monthly SIP of Rs 10,000. The AUM of ICICI Prudential Focused Equity Fund is Rs 16,147 crore. It maintains a concentrated portfolio of strong conviction ideas across sectors and market capitalisations. It has given CAGR returns of about 15% in 15 years. The monthly SIP amount of Rs 5,000 has become Rs 32.81 lakh in 15 years and the monthly SIP of Rs 10,000 has become approximately Rs 65.62 lakh.
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