ICICI Mutual Funds

Hello sir I am Heera, please tell me what are the different types of Mutual Funds offer by ICICI Bank??

[Kiran Chandar]

Mutual fund is an entity that pools money of large number of investors to invest in different securities.

This money is then managed by a professional Fund Manager on behalf of the unit-holders, to invest it in various financial instruments.

Types of Mutual Funds offer by ICICI Bank
- Equity Funds
- Debt Funds
- Liquid Funds
- Balanced Funds

Features & Benefits of Mutual Funds
-Risk diversification – Diversification of funds in equity and debt securities
-Liquidity – Investor can do partial or full withdrawal as per their need
-Transparency – Investors know where exactly money is getting invested
-Low cost – No entry load while investing in mutual fund
-Professional management- Industry experts will manage the funds
-Tax efficient – Investor get tax benefit in equity and debt funds
-Flexibility – Flexibility to switch investment amount from one fund to another fund