Why are ICICI Prudential mutual fund schemes topping return charts?

INTRODUCTION

Let us start by understanding what are these funds about, ICICI Prudential Mutual Fund is the third largest fund house by asset size in India, it focuses on bridging the gap between savings and investments. This fund offers a varied class of fund under its umbrella.

Being a diligent investor, you might have noticed ICICI MF schemes are topping the return charts of these days. As believed by the advisors, the fund house is enjoying its spot under the sun because it managed to stick to its investment strategy with consistency in a challenging market environment.

Let’s learn more about one of the top most strategy used by them, which is the downside protection, it occurs when techniques are employed to mitigate or prevent a decrease in the value of investment. It works as a common objective for investors and fund managers to avoid losses, several instruments and methods can be used to achieve this goal.

About the Fund Manager

Sankaran Naren is in charge of the investment department for both the international advisory business and mutual funds. He has played a significant role in the company’s overall investment strategy conception and implementation. He has won several accolades for fund management and is a well-known voice in the Indian financial markets.
Sankaran Naren’s reputation and extensive professional expertise precede him. At ICICI Prudential Mutual Fund, Sankaran Naren serves as both the executive director and chief investment officer. He has extensive expertise in investment banking, fund management, equities research, and stock broking, among other areas of the financial services sector.

Who should invest

The ICICI Prudential India Opportunities Fund is well-suited for a range of investors:

1. Growth-Oriented Investors:

For those with a long-term investment horizon seeking capital appreciation, this fund aligns with their growth-oriented objectives. The focus on emerging sectors provides an opportunity to participate in the potential upside of high-growth industries.

2. Diversification Seekers:

Investors looking to diversify their portfolios and mitigate risks associated with specific sectors or stocks will find value in the fund’s well-diversified approach. The spread of investments adds a layer of stability to the overall portfolio.

3. Active Management Enthusiasts:

Investors who appreciate an actively managed fund that responds dynamically to market changes will find the ICICI Prudential India Opportunities Fund to be a suitable choice. The fund manager’s strategic decisions aim to navigate market fluctuations and identify lucrative investment avenues.

ADVANTAGES

1. Advanced portfolio management:

the goal is to balance the implementation of programs and projects in line with its strategic objectives and capacity to deliver.

2. Dividend reinvestment :

It is a program that provides our investing parties with the chance to reinvest their dividend into additional shares .

DISADVANTAGES

1. High expense ratio :

Higher expense ratios imply to a higher proportion of the returns being removed, thereby providing lower returns on the invested amount.

2. Tax inefficiency :

When the investor pays the least amount of tax as required by the law, it falls under the category of inefficiency of tax.

CONCLUSION

In the dynamic landscape of the Indian financial market, the ICICI Prudential India Opportunities Fund stands out as a strategic choice for investors. This fund gives good chances of making great returns and also creating generational wealth for long-term investors.

Additionally, this fund offers varied plans for different categories of investors. Plus, through the Online SIP (Systematic Investment Plan) Mutual Fund Scheme which provides regular and systematic regulations of the financials.