ICICI is India’s top banking service provider that also offers financial service. As one of the largest asset management company in India, ICICI Prudential Mutual Fund offers wide range of investment products to the customers. The company provides portfolio management services and offers wide range of mutual funds to the investors. The company is continuously growing in a remarkable rate and has an investor base of 3million customers. ICICI is India’s top banking service provider that also offers financial service. As one of the largest asset management company in India, ICICI Prudential Mutual Fund offers wide range of investment products to the customers. The company provides portfolio management services and offers wide range of mutual funds to the investors. The company is continuously growing in a remarkable rate and has an investor base of 3million customers.
ICICI offers wide range of comprehensive mutual fund products, to cater the requirements of the customer. Further in this article we have briefly discussed some of the key features and benefits offered by the ICICI Prudential Mutual Fund.
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Types of Mutual Fund Product Offered by ICICI Prudential Mutual Fund A wide variety of fund options are offered by ICICI prudential Mutual Fund.
in equity schemes the money is invested in equity funds, stocks and equity related instruments. By investing in medium and high risk funds the investors can avail high return on investment. The equity funds are managed passively and actively through index funds. Equity scheme are best for long term investment and helps investors to create a noteworthy financial profile.
In this investment option the investors’ money can be spent in both debt and equity market. The return on investment depends on the type of hybrid fund it is. In balance fund the money is invested in equal ratio in both debt and equity market. This is best for investors who have medium to low risk.
under debt scheme the money is invested in money market, long and short term bond, security products, etc. The main objective of this fund is to make full use of current available fund to create corpus while protecting the initial investment. These funds are most beneficial for those investors who have low to medium risk appetite.
Fund of Funds
in funds of fund the money is majorly invested in different scheme of the same mutual fund or other mutual fund. It also brings in the idea of modification by investing across different category of funds available.
Exchange Traded Funds
In exchange traded fund the money is invested in stocks of companies, precious metals and currencies. This fund is very beneficial as they can let you buy and sell all day long.
Reasons to Choose ICICI Prudential Mutual Fund
ICICI Prudential Mutual Fund offers manifolds of benefits to the customers. Some of the Advantages Offered by ICICI Prudential Mutual Fund are:-
- One of the major benefits offered by ICICI Prudential Mutual Fund is that they offer CRISIL credit rating AAAmfs for many of their products.
- The small investors can use easy to afford systematic investment plan to invest in funds. The SIP helps the investors to invest money for monthly installments.
- The customers can choose from wide options of funds to invest in.
- The company has a team of professional experts who does a proper market research and make strong investors portfolio.
- The investors can check the performance of their fund by logging in on the website.
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