These schemes focus on a value investing strategy, targeting potentially undervalued stocks with good long-term growth potential.

In conversation with Chintan Haria, Principal - Investment Strategy at ICICI Prudential AMC

The Nifty Oil & Gas Index is updated twice a year to reflect the sector's performance accurately and has outperformed broader market indices broader market indices in many years, as shown in above graph, demonstrating its potential for delivering superior returns.

In the vibrant world of Asset Management Companies (AMCs), these top 3 AMCs control over 41 per cent of the market share in India.

In terms of SIP, a monthly investment of Rs 10,000 since inception would amount to a total investment of Rs 3.7 lakh. As of January 31, 2024, the value of that investment would have grown to Rs 5.48 lakh, i.e. a CAGR of 26.5 per cent. A similar investment in the benchmark would have yielded a CAGR of 20.8 per cent for the same period.

Are you looking to diversify your portoflio by investing in thematic fund? Chekout this article to learn more about this newly launched fund from ICICI Prudential Mutual Fund.

ICICI Prudential Mutual Fund launches ICICI Prudential Nifty PSU Bank ETF. Check out to learn more.

ICICI Prudential Equity and Debt Fund completed 23 years. As on October 31, 2022, the size of the scheme is Rs 21,109.35 crore. Continue reading to learn more about this fund.