Top Equity Funds by ICICI Prudential Mutual Fund: Analysis and Selection

ICICI Prudential Mutual Fund, a well-known asset management company in India, offers a wide range of mutual fund schemes catering to diverse investment needs. While there are numerous options available, only a limited number of their equity funds stand out due to their rankings and performance. In this article, we will delve into the top equity funds offered by ICICI Prudential, analyze their performance, and provide insights for potential investors.

Overview of ICICI Prudential Mutual Funds

ICICI Prudential Mutual Fund offers a total of 135 mutual fund schemes, 7 of which are ranked 5 stars, 9 are ranked 4 stars, 14 are ranked 3 stars, 6 are ranked 2 stars, and 3 are ranked 1 star. The remaining 96 schemes do not have a star rating. Among these, 5-star rated schemes include:

Top 5 Star Rated Schemes

However, it is important to note that only two of these schemes are equity-focused:

Only Equity Schemes Among 5-Star Fund Categories

Despite their stellar ratings, both of these equity funds have underperformed their benchmarks in the past five years. The IDC Prudential Bluechip Fund - Growth has achieved 11.62% returns, which is below the 12.55% return of its benchmark, NIFTY 100 TRI. This suggests that, for equity mutual funds, ICICI Prudential may not be the best choice for investors seeking top-tier performance.

Alternative Equity Funds with 4 Stars

While we could identify only four equity-focused funds, we can still consider some of the 4-star rated equity funds offered by ICICI Prudential for investors who are intrigued by this fund house:

ICICI Prudential Value Discovery Fund - Growth

The ICICI Prudential Value Discovery Fund - Growth is positioned as a diversified equity fund that seeks to capture long-term capital appreciation by investing in undervalued stocks. This fund has consistently ranked within the top quartile in its category and has garnered a 4-star rating from leading fund rating agencies.

ICICI Prudential Small Cap Fund - Growth

The ICICI Prudential Small Cap Fund - Growth is an equally promising option, catering to investors who are interested in the smaller segment of the Indian market. Small-cap stocks have historically offered higher growth potential but also carry increased volatility. This fund has a proven track record and a 4-star rating, making it a worthy consideration for those looking for exposure to this particular segment.

Conclusion

While ICICI Prudential offers several high-performing mutual fund schemes, it is important to carefully evaluate the options before making an investment. The top equity funds from this fund house include the IDC Prudential Bluechip Fund - Growth and the IDC Prudential Large Mid Cap Fund - Growth, but these have underperformed their benchmarks. Therefore, investors may want to consider other 4-star equity-focused funds such as the ICICI Prudential Value Discovery Fund - Growth and the ICICI Prudential Small Cap Fund - Growth.

Frequently Asked Questions

Q: What is the current performance of ICICI Prudential's 5-star equity funds?

A: Both the IDC Prudential Bluechip Fund - Growth and the IDC Prudential Large Mid Cap Fund - Growth have underperformed their benchmarks, achieving 11.62% and 11.31% returns respectively, compared to the 12.55% return of the NIFTY 100 TRI.

Q: Are there any 4-star equity funds that ICICI Prudential offers?

A: Yes, there are a couple of 4-star rated equity-focused funds such as the IDC Prudential Value Discovery Fund - Growth and the IDC Prudential Small Cap Fund - Growth.

Q: What are the key differences between the IDC Prudential Bluechip Fund and the IDC Prudential Large Mid Cap Fund?

A: The IDC Prudential Bluechip Fund focuses on large-cap stocks, while the IDC Prudential Large Mid Cap Fund invests in both large and mid-cap stocks. The Bluechip Fund might have a slightly lower risk profile but with potentially lower long-term returns compared to the much-diversified Large Mid Cap Fund.