Morningstar Mutual Fund Awards for Fund Excellence

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.

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

(Source: Morningstar India Website)