These Seven Schemes Of ICICI Prudential Gave Bumper Returns, 14 Times More Profit From The Benchmark

There have been huge ups and downs in the Indian market in the last year. The withdrawal from the market of foreign investors, the war between Russia and Ukraine as well as the growing inflation took the stock markets across the world. Talking about the Indian Stock Market, the Sensex of BSE gave a return of only 1.41 percent during this period. Whereas during this time there are some schemes who gave more profits than expected. ICICI Prudential Mutual Fund is one of them.

7 schemes of ICICI Prudential Mutual Fund gave 14 to 20 percent returns. That is, it has brought investors up to 14 times more profits than benchmarks. According to data up to July 13 by the Profit Margin, the schemes of ICICI Prudential that have given 14 to 20 percent returns in a year include Bharat Consumption Fund, Equity and Date, Multi-Asset, Retirement Purple Equity Fund, and FMCG Fund. . The image of this fund house among mutual fund advisors has become such that its strategy is to prevent the scheme from giving fewer returns. For the last year, this fund house has followed the value strategy.

Fixed returns in the era of uncertainty

During this period, many schemes of ICICI Prudential Mutual Fund have given 7 to 13 percent returns. It has given more returns compared to the categories, Large and Mid-Cap, India Committee Fund, Dividend Yield Equity Fund, Value Discovery Fund, and MNC Fund. Says Fund House Chief Investment Officer S. Naren says, "Our decision has proved to be correct. We have invested more in power and energy. We have invested in FMCG, while we have reduced our investment in metal. We are still investors to investors. SIPs and STPs are advising on investment. We will continuously recommend investing in schemes that are different asset classes.

This return has a strategy to adopt a stable investment process behind this return. The fund distanced the names that were not according to their framework. India is still stronger in the world markets. The approach of near time can be uncertain and has ups and downs.

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