Evaluating the Risk and Return Dynamics of ICICI Mutual Funds: A Case Study

Dipika; Annu Dalal; Bharat Vashisht

Abstract

This paper investigates the risk and return analysis of ICICI Mutual Funds, one of the prominent mutual fund houses in India. This includes a detailed evaluation of the risk and returns aspects of 44 ICICI Mutual Funds, with an emphasis on equities funds in the Direct Plan- Retail, and High Net Worth categories. By employing standard financial metrics such as the average and standard deviation, the performance of these funds is evaluated over a financial year April 2022- March 2023. The paper also examines a comparative analysis of AUM of retail investors and AUM of High Net Worth. The research will undertake a detailed examination to determine the effectiveness and acceptability of investment options for investors with varying risk appetites and financial goals. The study intends to help investors, fund managers, and stakeholders better understand the performance dynamics and risk profiles of ICICI Mutual Fund's equities offerings. The study's goal is to find trends and patterns in historical data that may be used to advise future investment decisions. The study's goal is to enable investors, fund managers, and stakeholders better understand the performance dynamics and risk profiles of ICICI Mutual Fund's equity products. It also seeks to provide insights on the efficacy and acceptability of investment options for investors with various risk tolerances and financial objectives. By identifying these funds' strengths and drawbacks, the article hopes to contribute to more informed decision-making in the mutual fund investment landscape.