Apply for ICICI Mutual Fund Online & Achieve Your Financial Goals with Ease

Any investment, be it a mutual fund is greatly dictated by the financial goals you may have. While some would want to have a massive corpus to spend a quality post-retirement life, many would want their kids to study abroad. Whatever the goals may be, a mutual fund with an ability to generate higher returns at minimized risks is definitely worth applying for. 

As mutual funds are offered by several asset management companies (AMCs), you must search for a reliable asset building partner. Say thanks to ICICI Mutual Fund, which has a proven track record of servicing a wide clientele base for long. 

The good thing is that you can apply for ICICI Mutual Fund Online. So, what are the funds the noted AMC has for you to apply online? Well, the article has an answer and requires a patient reading from your side.

Fund Offers

The fund house, an alternate name for an AMC, has a myriad of equity, debt, balanced, fund of funds and exchange traded funds. Since each fund has its own modus operandi and implication, it is better to study them separately.

Equity Funds

These funds allocate the asset predominantly in equities to generate a higher return for the investors. There can be a dip somewhere in your equity fund investment journey as the money is mainly put into stocks, which witness a high degree of volatility. However, with increased diversification, the adverse effects of the volatility are negated to a greater extent. So, if you want a list of equity funds of ICICI Mutual Fund, you can see it below.

• ICICI Prudential Dynamic Plan
• ICICI Prudential Focused Bluechip Equity Fund
• ICICI Prudential Value Discovery Fund
• ICICI Prudential Infrastructure Fund
• ICICI Prudential Child Care Plan (Gift)
• ICICI Prudential Long-term Equity Fund (Tax Saving)
• ICICI Prudential Equity Income Fund
• And Much More

Debt Funds

The asset allocation of these funds is basically into bonds, debentures and money-market instruments. These funds are most likely to suit the investment taste of the risk-averse investors, especially retirees. So, if you want regular income to get your day-to-day life going, you can choose the debt funds of ICICI Mutual Fund. These funds include-

• ICICI Prudential Flexible Plan
• ICICI Prudential Savings Fund
• ICICI Prudential Ultra Short Term Plan
• ICICI Prudential Liquid Plan
• ICICI Prudential Gilt Fund Investment Plan-PF Option
• ICICI Prudential Gilt Fund Treasury Plan-PF Option
• ICICI Prudential Corporate Bond Fund
• ICICI Prudential Regular Savings Fund
• ICICI Prudential Banking and PSU Debt Fund
• And Others

Balanced/Hybrid Funds

The money invested in these funds goes into a mix of equity and debt to provide the benefits of capital appreciation and income generation. The funds are ideally suited for investors wanting growth and income. Any investor with a low to medium risk-taking ability can opt for balanced funds and thus strengthen the portfolio. As far as choosing the hybrid schemes from ICICI MF is concerned, you can glance at the following options and select one for you.

• ICICI Prudential MIP 25
• ICICI Prudential Balanced Fund
• ICICI Prudential Regular Income Fund

Fund of Funds

These funds, which invest in other mutual funds, cater to the varying risk profiles and return expectations of the investors. The scope for diversification is massive here due to an investment in several categories of mutual funds having different investment goals. ICICI MF also offers few fund of funds, which you can find below.

• 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 Gold Savings Fund
• ICICI Prudential Advisor Series - Dynamic Accrual Plan

Exchange Traded Funds

The exchange traded funds (ETFs), which track the component of an index, commodity or a plethora of assets, are traded as stocks on the exchanges. Backed by the physical holding of the commodity, the ETFs invest in stocks, precious metals and even the currencies. These give you an opportunity to buy and sell units through an exchange. The ETFs offered by ICICI MF consist of the following-

• ICICI Prudential Sensex iWIN ETF
• ICICI Prudential Nifty iWIN ETF
• ICICI Prudential Gold iWIN ETF
• ICICI Prudential NV20 iWIN ETF
• ICICI Prudential Nifty 100 iWIN ETF
• ICICI Prudential Midcap Select iWIN ETF
• ICICI Prudential Nifty Low Vol 30 iWIN

Depending on your financial goals, you can choose from the funds described above. Long-term goals can be best fulfilled with an investment in equity and hybrid funds. Those with an income generation motive can find debt fund appealing to their investment taste. Other funds like fund of funds and exchange traded fund can also be a good choice.

Disclaimer - Mutual Funds are subject to market risks. Please read the scheme related documents carefully before investing.