ICICI Prudential Multi-Asset Fund Direct Plan Growth

ICICI Prudential Multi-Asset Fund Direct Plan Growth

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Hybrid
Direct
Multi Asset Allocation

NAV: ₹ 594 as on 26-09-2023

Fund Performance
zero opening, trading, fund transfer fee
4491 people have invested ₹ 8.9Cr in ICICI Prudential Multi-Asset Fund Direct Plan Growth in the last three months

Fund Insights

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In the last 3 years, this fund has outperformed all funds in its category.
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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%.
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Over the last 1 year, this fund has decreased expense ratio by 15.1% moving from 1.19 to 1.01.
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Over the last 6 months, this fund has experienced a 37.6% growth in AUM moving from 16.44K Cr to 22.63K Cr.
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In the last 1 year, this fund has outperformed all funds in its category.
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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

  1. 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.
  2. The fund has an expense ratio 1.

ICICI Prudential Multi-Asset Fund Direct Plan Growth Overview

Expense ratio
Expense ratio
1.01%
Benchmark
Benchmark
IISL Nifty 200 TR INR
AUM
AUM
₹22631 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
35.89%

Fund Distribution as on (31-Aug-23)

  • Equity 66.9%

  • Debt & Cash 30.8%

Size breakup

Large cap
55%
Mid cap
9.1%
Small cap
2.8%

Sector Allocation

Aug'23

Jul'23

Jun'23

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

  • Debt & Cash

Equity Holdings66
Debt Holdings18

ICICI Prudential Multi-Asset Fund Direct Plan Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69

AUM Change

Parameters
Aug'23
Jul'23
Jun'23
AUM
₹ 22.6K Cr
₹ 21.7K Cr
₹ 20K Cr
  • 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

ICICI Prudential Multi-Asset Fund Direct Plan Growth Fund Manager

Sankaran Naren

Sankaran Naren

Fund Manager of ICICI Prudential Multi-Asset Fund Direct Plan Growth, since 1 February 2012
Ihab Dalwai

Ihab Dalwai

Fund Manager of ICICI Prudential Multi-Asset Fund Direct Plan Growth, since 3 June 2017

Fund Highlights

Risk meter
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Very High Risk

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

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

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

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%

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%
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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%