Launched in November 1999, the ICICI Prudential Equity & Debt Fund has featured in the top 30 percentile of aggressive hybrid funds of the CRISIL Mutual Fund Ranking (CMFR) for three consecutive quarters through September this year.
The fund has been managed by Sankaran Naren, Mittul Kalawadia, Manish Banthia, and Nikhil Kabra since December 2015, December 2020, September 2013, and December 2020, respectively.
The fund’s investment objective is to generate long-term capital appreciation and current income from a portfolio invested in equity, equity-related securities, and fixed-income securities.
Trailing returns
The fund has consistently outperformed the benchmark (CRISIL Hybrid 35+65-Aggressive Index)