ICICI SIP Plan
ICICI SIP plans refer to Systematic Investment Plans offered by
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SIP Insurance Plan Benefits
Start SIP with as low as ₹1000
No hidden charges
Save upto ₹46,800 in Taxunder section 80C^
Zero LTCG Tax¶
Disciplined & worry-free investing
- Insurance Companies
- Mutual Funds
|
Returns |
| Fund Name |
3 Years |
5 Years |
10 Years |
| PNB Metlife |
18.68% |
25.83% |
|
| Birla Sun Life |
17.56% |
21.84% |
|
| Tata AIA |
18.45% |
21.82% |
|
| Bharti AXA |
14.74% |
18.58% |
|
| Bajaj Allianz |
17.34% |
20.53% |
|
| HDFC Standard |
14.77% |
17.79% |
|
| Max Life |
15.5% |
17.5% |
|
| SBI |
14.88% |
16.53% |
|
| ICICI Prudential |
13.23% |
15.89% |
|
| Canara HSBC Oriental Bank |
12.92% |
13.89% |
|
| |
Returns |
| Fund Name |
3 Years |
5 Years |
10 Years |
| Active Fund QUANT |
24.92% |
31.48% |
|
| Flexi Cap Fund PARAG PARIKH |
20.69% |
26.41% |
|
| Large and Mid-Cap Fund EDELWEISS |
22.34% |
24.29% |
|
| Equity Opportunities Fund KOTAK |
24.64% |
25.01% |
|
| Large and Midcap Fund MIRAE ASSET |
19.74% |
24.32% |
|
| Flexi Cap Fund PGIM INDIA |
14.75% |
23.39% |
|
| Flexi Cap Fund DSP |
18.41% |
22.33% |
|
| Emerging Equities Fund CANARA ROBECO |
20.05% |
21.80% |
|
| Focused fund SUNDARAM |
18.27% |
18.22% |
|
What are SIP Plans?
SIP stands for Systematic Investment Plan. It's a popular method for investing in mutual funds and other insurance fund schemes. Here's how it works:
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You invest a fixed amount of money at regular intervals, like monthly or quarterly, into a chosen mutual fund scheme.
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The amount can be as low as ₹100 or ₹500, depending on the fund house.
-
SIPs are designed for long-term investing and building a habit of financial discipline. Tools like an SIP Calculator make determining the investment amount easier.
SIP Calculator
Monthly Investment
₹22.4 L
Top Funds with High Returns (Past 7 Years)
19.3%
High Growth Fund
15.61%
Accelerator Mid-Cap Fund II
15.48%
Opportunities Fund
ICICI Best SIP Plan
Below are the best SIP plans provided by ICICI Pru:
| Fund Name |
Fund Size |
Returns Since Inception |
| ICICI Mid Cap Index Fund |
NA |
11.6% |
| ICICI Mid Cap Fund |
802 Cr |
29.6% |
| ICICI Mid-Cap Hybrid Growth Fund |
187 Cr |
34.9% |
| ICICI Value Enhancer Fund |
6,898 Cr |
12.2% |
| ICICI Opportunity Fund |
2,949 Cr |
11.8% |
| ICICI Maximize India Fund |
750 Cr |
10.3% |
| ICICI Maximiser Fund V |
51,744 Cr |
13% |
| ICICI Bluechip Fund |
4,390 Cr |
10.2% |
| ICICI Multi Cap Growth Fund |
19,082 Cr |
11.2% |
| ICICI Active Asset Allocation |
3,343 Cr |
8.6% |
| ICICI Multi Cap Balanced Fund |
2,138 Cr |
9.5% |
| ICICI Income Fund |
9,796 Cr |
7.7% |
| ICICI Secure Opportunities Fund |
556 Cr |
6.4% |
| ICICI Money Market Fund |
3,331 Cr |
6.8% |
| ICICI Constant Maturity Fund |
106 Cr |
4.1% |
| ICICI Sustainable Equity Fund |
626 Cr |
8.6% |
| ICICI Balanced Advantage Fund |
1,385 Cr |
9% |
| ICICI India Growth Fund |
3,405 Cr |
15.7% |
| ICICI Focus 50 Fund |
3,603 Cr |
12.2% |
Benefits of Starting an SIP in ICICI Pru and ICICI Bank
Here are the benefits of starting a SIP in ICICI Prudential:
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Disciplined investing: SIPs build the habit of regular saving and investment, which is important for achieving your financial goals.
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Rupee-cost averaging: By investing a fixed amount at regular intervals, you purchase more units when the NAV is low and fewer units when the NAV is high. This helps to average out the cost of your investment over time and reduce the impact of market volatility.
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Convenience: SIPs are a convenient way to invest, as you can set up an automatic transfer from your bank account to your SIP account. This ensures that you invest regularly without worrying about missing a contribution.
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Wide range of schemes: ICICI Prudential and ICICI Bank offers a wide range of SIP schemes to suit your investment goals and risk appetite. You can choose from equity, debt, hybrid, and ELSS schemes.
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Potential for high returns: Over the long term, equity SIPs have the potential to generate higher returns.
How Does ICICI SIP Plan Work?
Here’s how ICICI SIP Plans work:
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Systematic Investment: You invest a fixed amount of money at regular intervals into a chosen mutual fund or other fund schemes.
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Long-Term Investment: SIP is ideal for long-term financial goals as it benefits from compounding.
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Rupee Cost Averaging: By investing regularly, you purchase units at different price points, averaging out the cost per unit over time.
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Disciplined Investing: SIP builds financial discipline by creating a habit of regular investment.
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Flexible Investment: You can choose the amount, investment frequency, and tenure to suit your financial situation.
How to Calculate Returns On Your ICICI SIP Investments?
Calculating returns on your investment is important because it helps in financial planning. You can use an SIP calculator that will help you estimate the potential returns on your investments in a chosen ICICI SIP Plan in a fast, easy, and hassle-free way.
This online calculator takes into account various parameters such as the investment amount, tenure, expected rate of return, and frequency of investment. By entering these details, you can get an estimate of the future value of your investments, which will help you to plan your financial goals more effectively.
FAQs
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What is the minimum investment amount for an ICICI SIP Plan?
The minimum investment amount varies depending on the specific fund scheme you choose. Generally, you can start an SIP with as little as Rs. 500 per month.
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Can I invest in multiple ICICI SIP Plans?
Yes, you can invest in multiple ICICI SIP Plans to diversify your portfolio and align with different financial goals.
