3 best ICICI Prudential Mutual Fund Schemes: Here are some ICICI Prudential Mutual Fund Schemes with the best 3-year returns. ICICI Prudential Commodities Fund, Direct, Growth, ICICI Prudential Technology Fund, Direct, Growth, ICICI Prudential Small Cap Fund, Direct, Growth are the three best performing Mutual fund schemes that can give upto 179% return in 3-year. The information is based on 3-year performance.
ICICI Prudential Commodities Fund, Direct, Growth
Direct Growth ICICI Prudential Commodities Fund In terms of 3-year returns, the ICICI Prudential Mutual Fund Steady is a market leader. The annualised 3-year returns are 40.90%, while the absolute returns are 179%. As the name implies, the fund is heavily invested in commodities. The fund’s one-year returns are close to 13%. The fund’s main holdings are JSW Steel, Ultratech Cement, Jindal Stainless, and Ambuja Cements. With 95% invested in equities, a major portion of the portfolio already has exposure to equities. Among these, the fund has 44% of its equity portfolio allocated to large caps. Don’t go out and get a former track record because it is not the best way.
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ICICI Prudential Technology Fund, Direct, Growth
Direct Growth ICICI Prudential Technology Fund This fund’s annualised returns have been close to 31% during the last three years, but its absolute gains have been 125%. The fund is invested in stocks such as Infosys, TCS, Bharti Airtel, and TCS. Notwithstanding the decline in technology equities, the portfolio has performed well. This fund is appropriate for those who want to invest in technology equities while remaining optimistic about the sector. SIPs can also be used to invest in the ICICI Prudential Technology Fund. Because this is a fairly sector-specific fund, risks to the sector would imply risks to the net asset value.
ICICI Prudential Small Cap Fund, Direct, Growth
ICICI Prudential Small Cap Direct Growth Fund This fund’s annualised returns are close to 28%. As the name implies, the fund invests in tiny caps, which can be volatile and hazardous. As a result, be cautious if you are taking a huge risk. Among the stocks in its portfolio are Inox Leisure, Rolex Rings, MCX, CCL, and others. The fund is approximately Rs 4600 crores in size, with a low exposure to debt and debt-related instruments. The fund’s net asset value is at Rs 59.04. As compared to some of its counterparts, the fund has done well.
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Disclaimer: Mutual fund investments are subject to market risk. The above-mentioned information is purely informational and doesn’t guarantee any return. It is advisable to take experts’ advice before investment.
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