The mutual funds are one of the product which are being widely advertised and every now and then there are ADs appearing in television or print media. So, what are mutual funds? The mutual funds are the type of investments which are unique as it is handled by the fund managers who are professionals who are expert in this field.
The mutual funds products have different types of products that are offered and you can invest starting from very low amounts. The money which you have saved in the savings account will earn you the maximum of 3% to 4% whereas if you put that money in the mutual fund the amount of interest rate can be double or more than that. For the best benefits, the ICICI Mutual funds are one of the best investments options that are available to you.
The benefits of investment-
- The presence of fund managers who will keep the track of the market and have the crucial market information to deal with your funds. They are professionals who will manage the large pool of money. It is easy for those who have less knowledge on how and where to invest. It is the best option for the novice investor as the professional are handling the funds which make it less risky.
- Diversification- The funds are diversified in different securities. This reduces the investment risk as the funds are invested in different securities and stocks. It neutralises the loss incurred in certain units with the gain in other units.
- The investment can be done with small amount of money as well. You can start investing in the diversified portfolio for ₹ 5,000 as well.
- The mutual funds process are transparent as you can always check for the value of your investment made by the mutual fund scheme.
- You pay very little or no sales charge to own the mutual fund’s units.
ICICI Prudential Mutual Funds product-
Equity scheme- These are the ICICI mutual fund scheme in which the investment are made in the equity shares. These are invested for the medium to long term. These are high- risk investment as the returns are linked to the stock markets. It has the potential to high growth. These are managed actively as well as passively. The schemes under this products are:
- ICICI Prudential Child Care Plan(Gift)
- ICICI Prudential Long Term Equity Fund(Tax Saving)
- ICICI Prudential Equity Income Fund
- ICICI Prudential Multicap Fund
- ICICI Prudential Technology Fund
- ICICI Prudential Blended Plan A
- ICICI Prudential US Bluechip Equity Fund
- ICICI Prudential Top 100 Fund
- ICICI Prudential MidCap Fund
- ICICI Prudential Export and Other Services Fund
- ICICI Prudential Equity Arbitrage Fund
- ICICI Prudential Dividend Yield Equity Fund
- ICICI Prudential Balanced Advantage Fund
- ICICI Prudential Indo Asia Fund
- ICICI Prudential FMCG Fund
- ICICI Prudential Banking and Financial Services Fund
- ICICI Prudential Select Large Cap Fund
- ICICI Prudential Nifty Index Fund
Balanced/ Hybrid Scheme- These are the schemes where the funds can be invested in both the shares as well as debts instruments. It is the best for the investors who are looking for the high returns from the shares and fixed regular returns from debts as well.These type of portfolio have the moderate type of risk. It is best for the medium to long term investors. The scheme under this product are as follow:
- ICICI Prudential Child Care Plan
- ICICI Prudential MIP 25
- ICICI Prudential Monthly Income Plan
- ICICI Prudential Balanced Fund
Debt funds- These are the type of mutual funds in which the investment is made against the debts or fixed income securities like the corporate bonds, government securities, money market instruments, debentures, commercial papers etc. It is best for the investor investing for medium to long term investment. These type of investment have low to the medium risk involved and benefits those who need regular and stable income. The scheme under this product are as follows:
- ICICI Prudential Flexible Income Plan
- ICICI Prudential Savings Fund
- ICICI Prudential Ultra Short Term Plan
- ICICI Prudential Liquid Plan
Funds of fund- These are the type of investment which is done by investing in other companies which are spread across the sector and market capitalisation. These type of investments are done by the investors who seek market exposure and do not want to get restricted by any particular sector. the investor can invest in various fund categories. It is designed accordingly keeping in mind the risk factor, growth and return expectation. The various scheme under this category are:
- ICICI Prudential Global Stable Equity Fund
- ICICI Prudential Advisor Series - Long Term Savings Plan.
- ICICI Prudential Advisor Cautious
- ICICI Prudential Advisor Moderate
- ICICI Prudential Advisor Very Aggressive
- ICICI Prudential Regular Gold Savings Fund
- ICICI Prudential Advisor Series - Dynamic Accrual Plan
Exchange of traded funds (ETF)- These are the instrument which tracks an index, a commodity, or a basket of assets but they trade in stocks and share. They are backed up by the physical holdings of the commodity and are invested in the stocks of companies, metal etc. you can buy and sell the units throughout the day on an exchange. The scheme under this category are:
- ICICI Prudential Sensex iWIN ETF
- ICICI Prudential NIFTY iWIN ETF
- ICICI Prudential Gold iWIN ETF
- ICICI Prudential Gold ETF
- ICICI Prudential NV20 iWIN ETF
- ICICI Prudential Nifty 100 iWIN ETF
- ICICI Prudential Midcap Select iWIN ETF
The ICICI Mutual funds are one of the best ways to invest as it always aims to provide the best financial solution aiming to make them financially strong to achieve their goals. You should always read the documents and the term and condition before investing. You should be careful while investing and should know all the fine prints before investing.
No comments:
Post a Comment