No matter how sharply the stock market swings, equity mutual fund schemes tend to stay largely insulated from that day-to-day turbulence. That is precisely why investors who commit to a long-term SIP with discipline usually walk away with stronger results — and even those who invest a lump sum have done well with such funds. If you are scouting for dependable options of this kind, five equity schemes from ICICI Prudential are worth a close look: over the past 15 years, they have generated annual returns of as much as 18.50 percent.
Patience Over The Long Haul Is The Real Earner
ICICI Prudential Mutual Fund is a major name in the equity investing space. The biggest beneficiaries have been investors who did not panic and exit during the market's ups and downs, but stayed invested instead. The scheme-by-scheme numbers below show just how large a corpus a habit of investing a modest amount every month can build over 15 years.
ICICI Prudential Midcap Fund: The Highest Returns
This fund carries an AUM of ₹7,789 crore. It puts money into mid-sized companies that have the potential to become tomorrow's market leaders. As per SEBI's classification, mid-cap companies are those ranked from 101st to 250th by market capitalisation.
The scheme has delivered returns at a rate of 18.50% over 15 years. In numbers, a monthly SIP of ₹5,000 would have grown to ₹48.41 lakh during this period. Of that, only ₹9 lakh came out of the investor's own pocket, while roughly ₹39 lakh was added as returns. For someone running a ₹10,000 SIP, the same corpus climbed to ₹96.83 lakh in 15 years, even though the total amount invested was just ₹18 lakh.
ICICI Prudential Value Fund: Strong Companies At A Discount
With an AUM of ₹58,954 crore, this fund follows a 'value investing' strategy. It hunts for companies whose current share price looks lower than their true worth, or intrinsic value. The aim is to spot businesses with solid fundamentals that the market may have overlooked for a while.
This fund has posted a CAGR return of 16.44% over 15 years. On that basis, a monthly SIP of ₹5,000 grew to about ₹39.14 lakh, while a ₹10,000 monthly SIP accumulated roughly ₹78.28 lakh.
ICICI Prudential Multicap Fund: A Stake In Every Segment
Holding an AUM of ₹17,675.80 crore, this fund invests across large-cap, mid-cap and small-cap companies at once. The advantage is that investors get simultaneous exposure to several segments of the equity market.
The scheme's 15-year CAGR return stands at 15.65%. As a result, a ₹5,000 monthly SIP grew to ₹36.12 lakh, while the ₹10,000 SIP corpus reached ₹72.25 lakh.
ICICI Prudential Large & Mid Cap Fund: Stability Meets Growth
With an AUM of ₹30,147 crore, this fund maintains a blend of established large-cap companies and emerging mid-cap businesses. Over 15 years, its CAGR return has been 15.36%. During this stretch, a ₹5,000 monthly SIP grew to ₹35.08 lakh, while a ₹10,000 SIP gathered around ₹70.17 lakh.
ICICI Prudential Focused Equity Fund: A Handful Of High-Conviction Ideas
This fund has an AUM of ₹16,147 crore. It keeps a focused portfolio of carefully chosen, high-conviction ideas drawn from different sectors and market capitalisations. It has delivered a CAGR return of nearly 15% over 15 years. In this period, a ₹5,000 monthly SIP grew to ₹32.81 lakh, and a ₹10,000 monthly SIP turned into roughly ₹65.62 lakh.
