The world is changing at a rapid pace, thanks to globalisation and technical reformations. Due to the emergence of technology, people have become more aware of the latest trends running across the globe, which has led to development of many new products and services and has paved the way for many new entrants in every field. Also, as far as the mutual fund industry is concerned, no stone has been left unturned by the top AMCs such as ICICI Mutual Fund for bringing in better investment products, to enable the mass to live better by putting their money in more rewarding avenues.
Though, many entries and exits have happened in the realm of mutual fund industry overtime, but there are only a handful of asset management companies that have held a strong grip in the market and didn’t blow away with the heavy winds amongst which, ICICI MF tops the chart due to its exceptional servility towards the customers and the solemn oath that it has sworn to produce great wealth for them and add value to the overall economy of the country. Thus, this write-up has been written to highlight some important points about this fund house and let the reader know, how he can get benefited by investing in its schemes via MySIPonline.
ICICI Pru Mutual Fund – The Corporate Profile ICICI Prudential is one of the leading AMCs in India with a huge clientele base of around 30 lakh investors and a strong national presence, as evident from its 215 working centres and more than 1500 employees taking the command of its operations. Further, this fund house is a joint venture between the two giant companies – ICICI Bank, which is the largest Indian bank in the private sector and Prudential Plc, a renowned financial services group having a global presence across Asia, the United States and the United Kingdom.
The Products Offered at ICICI Prudential AMC For any fund house to beat the stiff competition and emerge as a champion in today’s rough market conditions, it is very important to stay abreast with the customers’ desires and expectations from their investments and accordingly devising prudent schemes that could serve their purpose. Let’s discuss how this requirement has been appropriately filled by ICICI Prudential Mutual Funds through its well-planned products, all of which you can find on MySIPonline: -
- Equity Funds: These types of mutual funds primarily invest in stocks and are actively managed by the fund managers. The market capitalisation of the company has a direct impact on the size of these funds. They are best suited for those investors who are aggressive in nature and bear the capacity to take high risk in desire of high returns.
- Debt Funds: These funds invest the corpus in low risk debt instruments such as bonds, treasury bills, commercial papers and debentures, and are a best fit for those who are comparatively risk averse than the aggressive investors and desire to optimise their current income status.
- Fund of Funds: Also known as multi-manager investments, these funds involve the placement of the corpus in a portfolio of different types of mutual funds, instead of directly investing in bonds, stocks and other instruments. Thus, they are an attractive investment avenue for small investors who want to get better returns with less exposure to market risks as compared to direct investment in securities.
With so many options flying around the market, it has become quite difficult for the common man to make a wise decision regarding his investments. ICICI Mutual Fund and other big names in the investment regime have been working very hard to shrink these difficulties and bestow better living opportunities to the investor mass. Through MySIPonline, you can too become the part of a long list of happy customers who have invested in the schemes of this AMC and made their lives more prosperous, more cheerful.
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