ICICI Prudential Mutual Fund came away with top honours at the Morningstar Fund Awards 2014, which was held this evening in Mumbai. The fund house bagged all the 3 awards with regards to the best fund house in the debt, equity and multi-asset category.
With regards to fund specific categories, HDFC Mutual Fund, Religare Invesco Mutual Fund, Birla Sun Life Mutual Fund, Franklin Templeton Mutual Fund and ICICI Prudential Mutual Fund won awards for individual funds.
The Best Equity Fund House award was dominated by HDFC AMC for four consecutive years only to be displaced by ICICI Prudential AMC this year.
ICICI Prudential AMC had cornered the Best Debt Fund House category for years though Birla Sun Life AMC bagged it for the first time in the award’s history last year.
In the Best Multi-Asset Fund House category, HDFC AMC grabbed the award for three years straight but its winning streak was broken by ICICI Prudential AMC this year.
Below are the finalists and the winners:
Equity: ELSS
- Birla Sun Life Tax Plan
- HDFC Long Term Advantage Fund
- Religare Invesco Tax Plan
WINNER: Religare Invesco Tax Plan
Equity: Large Cap
- ICICI Prudential Dynamic Plan
- ICICI Prudential Top 100 Fund
- Quantum Long Term Equity Fund
WINNER: ICICI Prudential Dynamic Plan
Equity: Small/Mid Cap
- Birla Sun Life MNC Fund
- SBI Magnum Global Fund
- UTI MNC Fund
WINNER: Birla Sun Life MNC
Hybrid: Moderate allocation
- Birla Sun Life ’95 Fund
- HDFC Balanced Fund
- SBI Magnum Balanced Fund
WINNER: HDFC Balanced
Hybrid: Conservative allocation
- DSP BlackRock MIP Fund
- HDFC Multiple Yield Fund – Plan 2005
- UTI – Monthly Income Scheme
WINNER: HDFC Multiple Yield Fund - Plan 2005
Debt: Short-Term Bond
- DSP BlackRock Income Opportunities Fund
- DWS Short Maturity Fund
- Templeton India Short-Term Income Plan
WINNER: Templeton India Short-Term Income Plan
Debt: Ultrashort Bond
- Birla Sun Life Savings Fund
- Canara Robeco Floating Rate
- HDFC Floating Rate Income Fund – Long Term Plan
WINNER: HDFC Floating Rate Income Fund - Long Term Plan
Debt: Intermediate Bond
- BNP Paribas Flexi Debt Fund
- Reliance Dynamic Bond Fund
- Templeton India Income Builder Account
WINNER: Templeton India Income Builder Account
Best Fund House: Equity
- Franklin Templeton AMC
- ICICI Prudential AMC
- Religare Invesco AMC
WINNER: ICICI Prudential AMC
Best Fund House: Debt
- Franklin Templeton AMC
- HDFC AMC
- ICICI Prudential AMC
WINNER: ICICI Prudential AMC
Best Fund House: Multi Asset
- Franklin Templeton AMC
- HDFC AMC
- ICICI Prudential AMC
WINNER: ICICI Prudential AMC