The smart and healthiest way of investing is in, ICICI Prudential Mutual Fund. The full form of ICICI is industrial credit and Investment Corporation of India. In terms of market capitalization they are the largest private bank in India. They are highly acclaimed for their services to both the retail clients and the corporate clients. In fact people say that ICICI Mutual fund India is the best investment option available. Simply because they yield the highest returns to their clients.
The main aim of investing in the mutual funds is mainly to earn more money and in ICICI its fund performance decides the profit. Investing in the mutual funds actually has many benefits like liquidity, professional management of funds and many others. For high return you can go for the equity schemes as they are the best available option. To increase the fund investment and share holders some new ideas were injected into the market and SIP (systematic investment plans) is one of them. This plan has helped many people in making money like middle class people and rural people. In this plan monthly installments are already paid.
What is a mutual fund? It is more like representing a trust which is further engaged in collecting the funds from several individuals with the aim of investment. The best thing with mutual fund is that the investor can easily minimize the chances of loss simply by diversifying their assets. You can cover your loss by making profit in another one. Unlikely in share market lot of fluctuation takes place and the end result could be high profit or a humongous loss, which totally depends on the situation and the market. That’s the reason why Mutual funds are much more preferred one and the safer ones.
The three schemes under the investment in ICICI mutual funds are- prudential systematic investment plan, the benefit of this plan is that you don’t have to pay lump-some money at a single time, you can deposit it periodically. Next plan is ICIC prudential India’s systematic Transfer plan, in this plan one get’s a chance to pay big chunk of money in the market and if you want to transfer it to the other mutual fund you get a chance to do this on a regular interval. Then the last scheme is ICICI prudential systematic withdrawal option, in this scheme you can easily withdraw your current scheme and then can easily redeem your fund periodically.
These schemes are believed to be really helpful in making money. But one should never forget that it doesn’t matter how much mutual funds are beneficial, they are also open to the market risk. Investing money in it is not a problem but it is important to be aware of risks attached to it.