ICICI Prudential Multi-Asset Fund Direct Plan Growth
Hybrid
Direct
Multi Asset Allocation
NAV: ₹ 594 as on 26-09-2023
Fund Performance
4491 people have invested ₹ 8.9Cr in ICICI Prudential Multi-Asset Fund Direct Plan Growth in the last three months
Fund Insights
In the last 3 years, this fund has outperformed all funds in its category.
This fund has one of the lowest expense ratio in the category (multi asset allocation). Its expense ratio is 1.01% which is lower than the category average expense ratio of 1.41%.
Over the last 1 year, this fund has decreased expense ratio by 15.1% moving from 1.19 to 1.01.
Over the last 6 months, this fund has experienced a 37.6% growth in AUM moving from 16.44K Cr to 22.63K Cr.
In the last 1 year, this fund has outperformed all funds in its category.
In the last 5 years, Quant Multi Asset Fund Growth Option Direct Plan has given 23.01% return, outperforming this fund by 6.14% per annum.
About the Fund
ICICI Prudential Multi-Asset Fund Direct Plan Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Sankaran Naren, Ihab Dalwai. This fund gives you the benefit of diversification.
Key Parameters
- ICICI Prudential Multi-Asset Fund Direct Plan Growth has ₹22631 Cr worth of assets under management (AUM) as on Aug 2023 and is more than category average.
- The fund has an expense ratio 1.
ICICI Prudential Multi-Asset Fund Direct Plan Growth Overview
 | 1.01% |
 Benchmark | IISL Nifty 200 TR INR |
 | ₹22631 Cr |
 | 1 January, 2013 |
 | ₹5000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 35.89% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
55%
Mid cap
9.1%
Small cap
2.8%
Sector Allocation
Financial Services
27.2%
Energy
12.9%
Consumer Cyclical
11.3%
Utilities
11.1%
Health
10.2%
Communication
7.3%
Tech
7.1%
Basic Materials
5.7%
Industrial
4.3%
Consumer Defensive
2%
Real Estate
0.8%
Top Holdings of ICICI Prudential Multi-Asset Fund Direct Plan Growth as on (31-Aug-23)
Equity Holdings66
Debt Holdings18
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 NTPC Ltd | 6.96% | 0% | |
 ICICI Bank Ltd | 5.78% | 1.6% | |
 Maruti Suzuki India Ltd | 3.77% | 9% | |
 Bharti Airtel Ltd | 3.76% | 0% | |
 HDFC Bank Ltd | 3.55% | 55.4% |
See all
ICICI Prudential Multi-Asset Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 22.6K Cr as of Aug'23
- AUM increased by 925.9 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
ICICI Prudential Multi-Asset Fund Direct Plan Growth Fund Manager
Sankaran Naren
Fund Manager of ICICI Prudential Multi-Asset Fund Direct Plan Growth, since 1 February 2012
Top funds managed
Ihab Dalwai
Fund Manager of ICICI Prudential Multi-Asset Fund Direct Plan Growth, since 3 June 2017
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 16.34% since inception which is more than its category average return of 10.32%
Fund Allocations
This fund has an allocation of 66.89% in Equity, 9.19% in Debt and 21.64% in Cash related instruments
AUM size ₹22631 Cr
This fund has AUM of ₹22631 Cr which is more than its category average of ₹ 2060 Cr
Expense Ratio 1.01%
This fund has an expense ratio of 1.01% which is less than its category average expense ratio of 1.3%
Frequently Asked Questions
The current NAV of ICICI Prudential Multi-Asset Fund Direct Plan Growth is ₹594.02 as on 26-Sep-2023.
Existing (Absolute + CAGR) as on 26-Sep-2023.
ICICI Prudential Multi-Asset Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.31% | 2.31% |
6 Month Returns | 16.17% | 16.17% |
1 Year Returns | 24.6% | 24.6% |
3 Years Returns | 120.08% | 30.08% |
5 Years Returns | 118.06% | 16.87% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
1.01% as on August 2023
₹22631 Cr as on August 2023
NTPC Ltd(6.96%), ICICI Bank Ltd(5.78%), Maruti Suzuki India Ltd(3.77%), Bharti Airtel Ltd(3.76%), HDFC Bank Ltd(3.55%) as on August 2023
Cash Equivalent(22.58%), Financial Services(18.2%), Energy(8.64%) as on August 2023
AAA | 91.42 |
AA | 4.39 |
A | 4.19 |
Sankaran Naren, Ihab Dalwai are the fund managers of ICICI Prudential Multi-Asset Fund Direct Plan Growth
The Exit load of ICICI Prudential Multi-Asset Fund Direct Plan Growth is 1%