3 Year return
21.11%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹50987.95 Cr.
Expense Ratio
0.69% (inclusive of GST)
Exit Load
Nil - If units purchased or switched in from another scheme of the Fund are redeemed or switched out upto 30% of units (the limit) purchased or switched within 1 year from the date of allotment 1.00% - if units purchased or switched in from another Scheme of the Fund are redeemed or switched out within 1 year from the date of allotment. Nil - If units purchased or switched in from another Scheme of the Fund are redeemed or switched out after 1 year from the date of allotment.
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
ICICI Prudential Mutual Fund Managers
SN
Sankaran Naren
Fund Manager since Jul 2024
Fund House Details
ICICI Prudential Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Quant Multi Asset Fund |
22.23% |
4 |
UTI Multi Asset Allocation Fund |
19.41% |
1.5 |
HDFC Multi Asset Fund |
13.53% |
4.5 |
Schemes by ICICI Prudential Mutual Fund
List of mutual fund schemes by AMC
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan Growth
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan IDCW Payout
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan IDCW Reinvestment
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan Annual IDCW Payout
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan Annual IDCW Reinvestment
About ICICI Prudential Multi-Asset Fund Direct Plan-Growth
The ICICI Prudential Multi-Asset Fund Direct Plan-Growth is an open-ended mutual fund scheme from ICICI Prudential Mutual Fund that offers broad-based exposure across multiple asset classes. The fund invests in a diverse range of instruments, including equities, debt, and exchange-traded commodity derivatives. Additionally, it can also allocate a portion of its portfolio to units of Gold ETFs, units of Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs), and preference shares.
Investment Objective of the Scheme
The objective of the ICICI Prudential Multi-Asset Fund Direct-Growth is two-fold: long-term capital growth and income generation. It accomplishes this by investing in a variety of assets including equity securities, debt, money market instruments, and gold ETFs. By leveraging the benefits of multi-asset investing, the fund aims to mitigate risk and boost potential returns through diversified investments.
Key Features of The Fund
5-year return | 21.17% |
Expense Ratio | 0.69% |
Fund Manager | Sankaran Naren |
Fund Size | ₹50987.95 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
This fund might be a suitable choice for investors who appreciate the advantages of diversification across multiple asset classes and are willing to tolerate some degree of risk. The potential for capital appreciation and income generation might be appealing to those looking for a balanced investing approach. However, given the lower credit quality of its debt portion, a certain level of caution might be necessary. As always, individual financial goals, risk tolerance, and investment horizon should be carefully evaluated before investing. If necessary, consider consulting a financial advisor for guidance.
AMC Contact Details
Name | ICICI Prudential Mutual Fund |
Launch Date | June 1993 |
Addresss | One BKC 13th Floor, Bandra Kurla Complex, Bandra, Mumbai – 400 051 |
Contact | 18002006000 91 22 2652 5000 |
enquiry@icicipruamc.com | |
Website | https://www.icicipruamc.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Fast-Track Your Short-Term Goals With SIPs
FAQs
What is today's NAV of ICICI Prudential Multi Asset Fund?
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What is the expense ratio of ICICI Prudential Multi Asset Fund?
What are the returns of ICICI Prudential Multi Asset Fund since inception?
What is the minimum SIP amount to invest in ICICI Prudential Multi Asset Fund?
How do I invest in ICICI Prudential Multi Asset Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in ICICI Prudential Multi Asset Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in ICICI Prudential Multi Asset Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in ICICI Prudential Multi Asset Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.