3 Best ICICI Prudential Mutual Fund Schemes With 3-year Returns Of Upto 179%

Here are some ICICI Prudential Mutual fund Schemes from ICICI Prudential Mutual Fund, which have generated best 3-year returns. Please note, we are just highlighting the mutual fund schemes based on 3-years returns and this should not be seen as an advise to invest.

ICICI Prudential Commodities Fund, Direct, Growth

This is a leader as far as 3-year returns are concerned from the ICICI Prudential Mutual fund Stable. The 3-year returns on an annualized basis is 40.90%, while the absolute returns is 179%. As the name suggests the fund largely has exposure to commodities. The 1-year returns from the fund is near the 13% mark. Stocks like JSW Steel, Ultratech Cement, Jindal Stainless and Ambuja Cements are top holdings of the fund. A large part of the portfolio already has exposure to equities with 95% invested in equities. Amongst these the fund has exposure to large caps to the extent of 44% of the equity portfolio. Don't go buy past track record, as that is not the ideal way to go about investing.

ICICI Prudential Technology Fund, Direct, Growth

This fund has generated return near the 31% mark on an annualized basis over 3-years, while the absolute returns from the fund is 125% over 3-years. The fund has exposure to stocks like Infosys, TCS, Bharti Airtel and TCS. Despite the fall in technology stocks, we are seeing a good performance of the fund. This fund is suitable for those looking to invest in technology stocks and remain upbeat on the sector. One can also invest in ICICI Prudential Technology Fund through the SIP route as well. This is a very sector specific fund and hence risks to the sector would mean risks to the net asset value.

ICICI Prudential Small Cap Fund, Direct, Growth

The annualized returns from this fund is near the 28% mark. As the name suggests the fund has exposure to small caps, which can be volatile and risky. Hence, be cautious if you are taking very large exposure. Among the stocks in its portfolio include names like Inox Leisure, Rolex Rings, MCX, CCL etc. The fund size is around Rs 4600 crores, while the exposure to debt and debt related instruments is not very high. The net asset value of the fund is Rs 59.04 at the moment. The fund has performed well when compared to some of its peers.

Disclaimer

Mutual fund investments are subject to market risk. The above-mentioned information is purely informational and doesn't guarantee any return. Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.