Most mutual fund schemes offer SIPs, which allow you to begin investing with as little as Rs. 500 per month. The lower amount ensures that even people in their twenties who have recently begun working can begin investing in order to achieve their long-term objectives. With a quality SIP, investors may spread out their investments over time, take advantage of rupee cost averaging, and build a sizable corpus with tiny inputs. It's worth noting that the Sensex has risen from 33,000 points to 53,000 points in the last year. As a result, lumpsum investments are not recommended at this time, and investors should stick to Systematic Investment Plans. The best equity ICICI SIP Mutual Funds to invest in the equity category are listed below. These funds were chosen based on three-year performance and ratings.
3 Best Equity Mutual Fund SIPs To Consider In 2021
|Fund Name||3-Year Return(Annualized)||Valur Research rating||Morningstar Rating|
|ICICI Prudential Value Discovery Fund||53.81%||4 Star||4 Star|
|ICICI Prudential Bluechip Fund||47.03%||4 Star||4 Star|
|ICICI Prudential Sensex Index Fund||40.70||4 Star||-|
ICICI Prudential Value Discovery Fund
Value research and Morningstar have given this fund a 4-star rating. The 1-year returns for ICICI Prudential Value Discovery Direct-Growth are 53.81 percent. It has returned an average of 17.76 percent per year since its inception. This is an equity mutual fund that invests in value stocks.
A SIP started 3-years ago in ICICI Prudential Value Discovery Fund for Rs 10,000 every month is worth Rs 5.55 lakhs today. With a minimal investment of Rs 1000, investors can begin a SIP in the ICICI Prudential Value Discovery Fund.
ICICI Prudential Value Discovery Fund has holdings in Sun Pharmaceutical Inds. Ltd., Bharti Airtel Ltd., Mahindra & Mahindra Ltd., National Thermal Power Corp. Ltd., ITC Ltd. Redeem your units before the one-year time has passed, you will be charged a 1% load fee.
ICICI Prudential Bluechip Fund
ICICI Prudential Bluechip Fund Direct-Growth is an ICICI Prudential Mutual Fund Large Cap mutual fund plan. The ICICI Prudential Bluechip Fund is an open-ended equity fund that primarily invests in large-cap equities. Because it invests in bluechip stocks, which are market leaders in their respective industries, the program gives growth and stability to your portfolio. Value research and Morningstar have given this fund a 4-star rating.
ICICI Prudential Bluechip Fund holdings are in Infosys Ltd., ICICI Bank Ltd., HDFC Bank Ltd., Axis Bank Ltd., Reliance Industries Ltd.
A SIP started 3-years ago in ICICI Prudential Bluechip Fund for Rs 10,000 every month is worth Rs 5.12 lakhs today.
|1-Year||3 Year (Annualized)||5 Year (Annualized)|
ICICI Prudential Sensex Index Fund
ICICI Prudential Mutual Fund's ICICI Prudential Sensex Index Fund Direct-Growth is a Large Cap mutual fund program. The assets under management (AUM) of ICICI Prudential Sensex Index Fund Direct-Growth is 280 crores. The fund's expense ratio is 0.17 percent, which is lower than the expense ratios charged by most other Large Cap funds.
ICICI Prudential Sensex Index Fund Direct has a 1-year growth rate of 40.70 percent. It has had an average yearly return of 14.32 percent since its inception. The majority of the money in the fund is invested in the financial, technology, energy, FMCG, and construction industries.
A SIP of Rs 10,000 per month in the ICICI Prudential Sensex Index Fund started three years ago is now worth Rs 5 lakhs.
|1 Year||3-Year (Annualized)|
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