#1. ICICI Prudential Infrastructure Fund Growth

ICICI Prudential Infrastructure Fund Growth is an equity mutual fund that invests in the infrastructure sector of the Indian economy. The fund invests in companies that are involved in the construction, development, and maintenance of infrastructure projects such as roads, railways, airports, ports, and power plants.

The fund has a high-risk profile, but it has also generated good returns over the long term. It is suitable for investors who are willing to take risks in order to achieve higher returns.

Attribute	Value
Launch Date	August 31, 2005
Category	Equity: Sectoral-Infrastructure
Rating	4 stars
Risk	Very High
Expense Ratio	2.06% (Regular plan), 1.48% (Direct plan)
Minimum Investment	₹100

Please note: Past performance is not indicative of future results. Mutual fund investments are subject to market risks.

#2. ICICI Prudential BHARAT 22 FOF Growth

ICICI Prudential BHARAT 22 FOF Growth is a fund of funds that invests in other equity mutual funds. The fund invests in funds that have a focus on the Indian economy, including funds that invest in the infrastructure, financial services, and consumer sectors.

The fund has a very high-risk profile, but it has also generated very good returns over the long term. It is suitable for investors who are willing to take risks in order to achieve higher returns.

Attribute	Value
Launch Date	June 29, 2018
Category	Fund of Funds: Equity
Rating	5 stars by Value Research
Risk	Very High
Expense Ratio	0.14% (Regular plan), 0.08% (Direct plan)
Minimum Investment	₹100

#3. ICICI Prudential Value Discovery Fund Growth

ICICI Prudential Value Discovery Fund Growth is an equity mutual fund that invests in large-cap companies in India. The fund invests in companies that are well-managed and have a strong track record of profitability.

The fund has a high-risk profile, but it has also generated good returns over the long term. It is suitable for investors who are looking for a diversified portfolio of large-cap stocks.

Attribute	Value
Launch Date	August 16, 2004
Category	Equity: Large Cap
Rating	5 stars by Value Research
Risk	High
Expense Ratio	1.64% (Regular plan), 1.11% (Direct plan)
Minimum Investment	₹100

#4. ICICI Prudential Large & Mid Cap Fund Growth

ICICI Prudential Large & Mid Cap Fund Growth is an equity mutual fund that invests in both large-cap and mid-cap companies in India. The fund invests in companies that are well-managed and have a strong track record of profitability.

Attribute	Value
Launch Date	February 11, 2013
Category	Equity: Large & Mid Cap
Rating	5 stars by Value Research
Risk	High
Expense Ratio	1.00% (Regular plan), 0.94% (Direct plan)
Minimum Investment	₹100

#5. ICICI Prudential Multi-Asset Fund Growth

ICICI Prudential Multi-Asset Fund Growth is a hybrid mutual fund that invests in a mix of equity, debt, and gold assets. The fund's asset allocation is dynamic, meaning that the fund manager can adjust the allocation between different asset classes depending on market conditions.

Attribute	Value
Launch Date	October 31, 2002
Category	Hybrid: Dynamic Asset Allocation
Rating	5 stars by Value Research
Risk	Moderate
Expense Ratio	1.67% (Regular plan), 1.18% (Direct plan)
Minimum Investment	₹100

#6. ICICI Prudential Dividend Yield Equity Fund Growth

ICICI Prudential Dividend Yield Equity Fund Growth is an equity mutual fund that invests in dividend-paying companies in India. The fund invests in companies that have a strong track record of paying dividends.

Attribute	Value
Launch Date	May 16, 2014
Category	Equity: Dividend Yield
Rating	4 stars by Value Research
Risk	Moderate
Expense Ratio	2.02% (Regular plan), 1.55% (Direct plan)
Minimum Investment	₹100

#7. ICICI Prudential Multicap Fund Growth

ICICI Prudential Multicap Fund Growth is an equity mutual fund that invests in companies across all market capitalizations, i.e. large-cap, mid-cap, and small-cap. The fund invests in companies that are well-managed and have a strong track record of profitability.

Attribute	Value
Launch Date	August 24, 1994
Category	Equity: Multi Cap
Rating	5 stars by Value Research
Risk	High
Expense Ratio	1.82% (Regular plan), 1.35% (Direct plan)
Minimum Investment	₹100

#8. ICICI Prudential Manufacturing Fund Growth

ICICI Prudential Manufacturing Fund Growth is an equity mutual fund that invests in companies in the manufacturing sector in India.

Attribute	Value
Launch Date	September 21, 2018
Category	Equity: Thematic/Sectoral – Manufacturing
Rating	5 stars by Value Research
Risk	Very High
Expense Ratio	2.21% (Regular plan), 1.76% (Direct plan)
Minimum Investment	₹100

#9. ICICI Prudential Equity & Debt Fund Growth

ICICI Prudential Equity & Debt Fund Growth is an aggressive hybrid mutual fund that invests in a mix of equity and debt assets. The fund's equity allocation is typically in the range of 60-80%, while its debt allocation is typically in the range of 20-40%.

Attribute	Value
Launch Date	January 1, 2013
Category	Hybrid: Aggressive Hybrid
Rating	4 stars by Value Research
Risk	High
Expense Ratio	1.69% (Regular plan), 1.12% (Direct plan)
Minimum Investment	₹100

#10. ICICI Prudential Smallcap Fund Growth

ICICI Prudential Smallcap Fund Growth is an equity mutual fund that invests in small-cap companies in India. Small-cap companies are companies with a market capitalization of less than ₹5000 crores.

Attribute	Value
Launch Date	January 1, 2013
Category	Equity: Small Cap
Rating	5 stars by Value Research
Risk	Very High
Expense Ratio	1.83% (Regular plan), 1.35% (Direct plan)
Minimum Investment	₹100

ICICI SIP Plans Benefits

Systematic investment plans are a smart and convenient way to invest in mutual funds regularly. It offers numerous benefits to investors, including the following:

⇛ Disciplined Investing: One of the most significant advantages of SIP is that it helps investors cultivate the habit of disciplined investing. It ensures that investors invest a fixed amount of money regularly, regardless of market conditions. This can lead to better long-term financial planning and help avoid impulsive investment decisions.

⇛ Rupee Cost Averaging: SIPs allow investors to benefit from the power of rupee cost averaging. This means that investors can buy more units when prices are low and fewer units when prices are high. Over the long term, this can lead to an overall reduction in the average cost of investments. Invest in different types of SIPs such as Yearly, Monthly, and Daily SIP Investment.

⇛ Compounding: Another significant advantage of SIP is that it enables investors to benefit from the power of compounding. By investing small amounts regularly over a long period, investors can earn interest not just on their principal amount but also on the returns generated by their investments. This can result in substantial wealth creation over time.

⇛ Flexibility: SIPs offer investors the flexibility to start, stop, or modify their investments at their convenience. They can also choose the investment amount, frequency, and investment tenure as per their financial goals and risk appetite.

⇛ Low Minimum Investment: SIPs offer the benefit of low minimum investment amounts, making it easy for small investors to start investing in mutual funds.

⇛ Tax Benefits: SIPs offer tax benefits to investors under various sections of the Income Tax Act, such as 80C, 80CCD, and 10(10D). Investors can also avail tax benefits on long-term capital gains.

ICICI SIP Calculator

ICICI Mutual Fund SIP calculator is a tool that helps investors calculate the future value of their ICICI mutual fund SIP investments. It assists investors in planning their investments by providing an estimate of the potential returns over time. The calculator requires investors to input the investment amount, SIP frequency, investment period, and expected rate of return to calculate the future value of their investment. The ICICI SIP mutual fund calculator also enables investors to compare different mutual fund schemes and select the most suitable option based on their financial goals and risk appetite. It is a useful tool for investors who want to plan their investments systematically and achieve their financial goals through mutual fund investments.

Frequently Asked Questions about ICICI Mutual Fund SIP Investment

Q. What is the minimum investment amount for ICICI Mutual Fund plans?

A. The minimum investment amount for ICICI Mutual Fund SIP plans may vary depending on the mutual fund scheme and the investment tenure chosen by the investor. Some ICICI SIP plans allow investors to start their systematic investment plan with as low as INR 100 per month.

However, the minimum SIP investment amount for most ICICI Mutual Fund schemes is INR 500 per month. Some schemes may have a higher minimum monthly SIP investment amount, such as Rs. 1000 or Rs. 5000 per month. However, there is no upper limit on the investment amount, and investors can invest as much as they want based on their financial goals and risk appetite.

Q. How much money do you need to start an ICICI SIP plan ?

A. You can start an ICICI SIP investment plan for as low as INR 100. However, not all ICICI mutual fund schemes have a minimum investment amount of INR 100. Therefore, we recommend you do proper research before starting an ICICI SIP plan.

Q. Do ICICI SIP investment plans offer tax benefits ?

A. Yes, ICICI SIP investment plans offer tax benefits under certain schemes that are eligible for tax deductions under Section 80C of the Income Tax Act, 1961. These schemes are referred to as Equity Linked Saving Schemes (ELSS) and have a lock-in period of three years.

Investments in ELSS mutual funds are eligible for a tax deduction of up to INR 1.5 lakhs per financial year. The amount invested in ELSS mutual funds can be claimed as a deduction from your taxable income, thus reducing your tax liability.

Q. Can I start an ICICI SIP plan on ZFunds ?

A. Yes, you can easily start an ICICI SIP investment plan on ZFunds. Simply log in or create an account on ZFunds, select the ICICI mutual fund, and pay the first installment to start the SIP.

Also Read :

SBI SIP Investment Plan

Daily SIp Plan

HDFC SIP Mutual Fund Calculator