ICICI Prudential Asset Allocator Fund FOF Direct Growth

ICICI Prudential Asset Allocator Fund FOF Direct Growth

Hybrid

Direct

Fund Of Funds

NAV as on 02-12-2024

₹ 124.66

0.2%

1D

Inception Returns

13%

/yr

About ICICI Prudential Asset Allocator Fund FOF Direct Growth

ICICI Prudential Asset Allocator Fund FOF Direct Growth is a hybrid fund. This fund was started on 11 January, 2013. The fund is managed by Manish Banthia, Dharmesh Kakkad, Ritesh Lunawat, Sankaran Naren. This fund gives you the benefit of diversification.

Key Parameters

  1. ICICI Prudential Asset Allocator Fund FOF Direct Growth has ₹23212 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.8.

Returns

ICICI Prudential Asset Allocator Fund FOF Direct Growth has given a CAGR return of 12.98% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 18.56%, 14.75% and 15.54% respectively.

Holdings

ICICI Prudential Asset Allocator Fund FOF Direct Growth has allocated its funds majorly in Corporate, Government, Financial Services, Cash Equivalent, Tech, Industrial, Health, Consumer Defensive, Basic Materials, Consumer Cyclical, Energy, Utilities, Communication, Real Estate, Securitize.

Taxation

As it is a fund of funds mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of ICICI Prudential Asset Allocator Fund FOF Direct Growth

The primary objective of the Scheme is to generate capital appreciation primarily from a portfolio of equity, debt, and gold schemes accessed through the diversified investment styles of underlying schemes. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. ICICI Prudential Asset Allocator Fund FOF Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
993 people have invested ₹ 1.6Cr in ICICI Prudential Asset Allocator Fund FOF Direct Growth in the last three months

ICICI Prudential Asset Allocator Fund FOF Direct Growth Overview

Expense ratio0.76%
Benchmark
CRISIL Hybrid 50+50 - Moderate TR INR
AUM₹23212 Cr
Inception Date11 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
130.72%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
High Risk

Trailing Returns

as on (02-Dec-24)

Period
ICICI Prudential Asset Allocator Fund FOF Direct Growth
Fund of Funds Index
1M
0.4%
-
3M
0.7%
-
6M
7.4%
-
1Y
18.6%
-
3Y
14.7%
-
5Y
15.5%
-

Fund Distribution

as on (31-Dec-69)

  • Equity 38.3%

  • Debt & Cash 56.3%

Large cap
27.4%

Mid cap
5.6%

Small cap
5%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
30.9%
Tech
11.7%
Industrial
9.1%
Health
8.8%
Consumer Defensive
8.3%
Basic Materials
7.8%
Consumer Cyclical
6.6%
Energy
6.3%
Utilities
4.7%
Communication
4.6%
Real Estate
1.1%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 23.2K Cr
₹ 23.3K Cr
₹ 22.6K Cr
  • AUM of the fund stands at 23.2K Cr as of Oct'24
  • AUM decreased by 51.4 Cr between Oct'24 and Sep'24

Top 3 Sectors in October were Corporate, Government & Financial Services

Oct'24
Corporate
42%
Government
38%
Financial Services
31%
Sep'24
Corporate
43%
Government
41%
Financial Services
31%
  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
ICICI Pru Gold ETF
ICICI Pru Gold ETF
5.34%
-4.6%
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Manish Banthia
Manish Banthia
Fund Manager of ICICI Prudential Asset Allocator Fund FOF Direct Growth, since 16 June 2017
Dharmesh Kakkad
Dharmesh Kakkad
Fund Manager of ICICI Prudential Asset Allocator Fund FOF Direct Growth, since 28 May 2018
Ritesh Lunawat
Ritesh Lunawat
Fund Manager of ICICI Prudential Asset Allocator Fund FOF Direct Growth, since 12 June 2023
Sankaran Naren
Sankaran Naren
Fund Manager of ICICI Prudential Asset Allocator Fund FOF Direct Growth, since 5 September 2018
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
Total AUM
₹8.35L Cr
as on 31-Oct-2024
Address
ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East)
Phone
+912226428000
Website
investor.helpdesk@hdfcbank.com

Mutual Fund Insights

Insights icon
In the last 5 years, ICICI Prudential BHARAT 22 FOF Direct Growth has given 26.31% return, outperforming this fund by 10.78% per annum.
Insights icon
In the last 1 year, Nippon India Nifty Next 50 Junior BeES FoF Direct Growth has given 47.18% return, outperforming this fund by 28.63%.
Insights icon
In the last 3 years, ICICI Prudential BHARAT 22 FOF Direct Growth has given 36.19% return, outperforming this fund by 21.44% per annum.

ICICI Prudential Asset Allocator Fund FOF Direct Growth Highlights

Risk meter
pointer

High Risk

Investors understand that their principal will be at High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 12.98% since inception which is more than its category average return of 11.52%
Fund Allocations

Fund Allocations

This fund has an allocation of 38.35% in Equity, 42.85% in Debt and 13.42% in Cash related instruments
AUM size ₹23212 Cr

AUM size ₹23212 Cr

This fund has AUM of ₹23212 Cr which is more than its category average of ₹ 709 Cr
Expense Ratio 0.76%

Expense Ratio 0.76%

This fund has an expense ratio of 0.76% which is less than its category average expense ratio of 0.77%

Frequently Asked Questions for ICICI Prudential Asset Allocator Fund FOF Direct Growth

The current NAV of ICICI Prudential Asset Allocator Fund FOF Direct Growth is ₹124.66 as on 02-Dec-2024.
Existing (Absolute + CAGR) as on 02-Dec-2024.
ICICI Prudential Asset Allocator Fund FOF Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.4%
0.4%
6 Month Returns
7.37%
7.37%
1 Year Returns
18.56%
18.56%
3 Years Returns
51.09%
14.75%
5 Years Returns
105.9%
15.54%
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0.76% as on November 2024
₹23212 Cr as on November 2024
ICICI Pru All Seasons Bond Dir Gr(12.2%), ICICI Pru Floating Interest Dir Gr(8.59%), ICICI Pru Banking & Fin Svcs Dir Gr(8.31%), ICICI Pru Short Term Dir Gr(6.98%), ICICI Pru Savings Dir Gr(6.58%) as on November 2024
Corporate(25.73%), Government(23.28%), Cash Equivalent(12.5%) as on November 2024
Manish Banthia, Dharmesh Kakkad, Ritesh Lunawat, Sankaran Naren are the fund managers of ICICI Prudential Asset Allocator Fund FOF Direct Growth
The Exit load of ICICI Prudential Asset Allocator Fund FOF Direct Growth is 1%