Hybrid
Direct
Multi Asset Allocation
NAV as on 10-12-2024
₹ 778.24
▲0.3%
1D
Inception Returns
17.2%
/yr
ICICI Prudential Multi Asset Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Ihab Dalwai, Sankaran Naren, Akhil Kakkar, Manish Banthia. This fund gives you the benefit of diversification.
ICICI Prudential Multi Asset Fund Direct Growth has given a CAGR return of 17.19% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 22.93%, 20.63% and 22.34% respectively.
ICICI Prudential Multi Asset Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Consumer Cyclical, Basic Materials, Energy, Industrial, Health, Tech, Consumer Defensive, Government, Utilities, Communication, Real Estate.
As it is a multi asset allocation 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 benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
To generate capital appreciation for investors by investing predominantly in equity and equity related instruments and income by investing across other asset classes. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. ICICI Prudential Multi Asset Fund Direct Growth has no lock in period.
Expense ratio | 0.69% |
Benchmark | IISL Nifty 200 TR INR |
AUM | ₹50988 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 35.89% |
STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Very High Risk |
as on (10-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Financial Services, Corporate & Consumer Cyclical
ICICI Prudential Multi Asset Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.95% | 0.95% |
6 Month Returns | 6.15% | 6.15% |
1 Year Returns | 22.93% | 22.93% |
3 Years Returns | 75.54% | 20.63% |
5 Years Returns | 174.08% | 22.34% |
AAA | 75.54 |
AA | 22.48 |
A | 1.98 |