ICICI Prudential Passive Multi-Asset Fund of Funds Direct Reinvestment Inc Dist cum Cap Wdrl

Hybrid
Direct
Fund Of Funds
ICICI Prudential Passive Multi-Asset Fund of Funds Direct Reinvestment Inc Dist cum Cap Wdrl

About the Fund

ICICI Prudential Passive Multi-Asset Fund of Funds Direct Reinvestment Inc Dist cum Cap Wdrl is a hybrid fund. This fund was started on 17 January, 2022. The fund is managed by Sankaran Naren, Dharmesh Kakkad, Ritesh Lunawat, Nishit Patel, Manish Banthia. This fund gives you the benefit of diversification.

Key Parameters

  1. ICICI Prudential Passive Multi-Asset Fund of Funds Direct Reinvestment Inc Dist cum Cap Wdrl has ₹1078 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

ICICI Prudential Passive Multi-Asset Fund of Funds Direct Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 12.70% since inception. Over the last 1 year the fund has given a CAGR return of 17.85%.

Holdings

ICICI Prudential Passive Multi-Asset Fund of Funds Direct Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Government, Cash Equivalent, Financial Services, Health, Tech, Consumer Defensive, Basic Materials, Industrial, Energy, Consumer Cyclical, Communication, Utilities, Corporate, Real Estate, Derivatives.

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 Passive Multi-Asset Fund of Funds Direct Reinvestment Inc Dist cum Cap Wdrl

ICICI Prudential Passive Multi-Asset Fund of Funds is a Fund of Funds scheme with the primary objective to generate returns by predominantly investing in passively managed funds launched in India and/or overseas. 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 1000.00 and for SIP is INR 100.00. ICICI Prudential Passive Multi-Asset Fund of Funds Direct Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
1 people have invested ₹ 200 in ICICI Prudential Passive Multi-Asset Fund of Funds Direct Reinvestment Inc Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.51%
Benchmark
CRISIL Hybrid 50+50 - Moderate TR INR
AUM₹1078 Cr
Inception Date17 January, 2022
Min Lumpsum/SIP₹1000/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
51.96%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-Dec-69)

  • Equity 56.5%

  • Debt & Cash 32.8%

Large cap
45.6%

Mid cap
9%

Small cap
1.5%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
25.1%
Health
13.8%
Tech
11.1%
Consumer Defensive
10.6%
Basic Materials
9.6%
Industrial
7.9%
Energy
6.5%
Consumer Cyclical
6.3%
Communication
4.9%
Utilities
3.4%
Real Estate
1%
All changes are between Oct'69 and Dec'69

Sankaran Naren
Sankaran Naren
Fund Manager of ICICI Prudential Passive Multi-Asset Fund of Funds Direct Reinvestment Inc Dist cum Cap Wdrl, since 17 January 2022
Dharmesh Kakkad
Dharmesh Kakkad
Fund Manager of ICICI Prudential Passive Multi-Asset Fund of Funds Direct Reinvestment Inc Dist cum Cap Wdrl, since 17 January 2022
Ritesh Lunawat
Ritesh Lunawat
Fund Manager of ICICI Prudential Passive Multi-Asset Fund of Funds Direct Reinvestment Inc Dist cum Cap Wdrl, since 17 January 2022
Nishit Patel
Nishit Patel
Fund Manager of ICICI Prudential Passive Multi-Asset Fund of Funds Direct Reinvestment Inc Dist cum Cap Wdrl, since 17 January 2022
Manish Banthia
Manish Banthia
Fund Manager of ICICI Prudential Passive Multi-Asset Fund of Funds Direct Reinvestment Inc Dist cum Cap Wdrl, since 17 January 2022

ICICI Prudential Passive Multi-Asset Fund of Funds Direct Reinvestment Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

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 12.7% since inception which is more than its category average return of 12.33%
Fund Allocations

Fund Allocations

This fund has an allocation of 56.51% in Equity, 23.83% in Debt and 8.93% in Cash related instruments
AUM size ₹1078 Cr

AUM size ₹1078 Cr

This fund has AUM of ₹1078 Cr which is more than its category average of ₹ 665 Cr
Expense Ratio 0.51%

Expense Ratio 0.51%

This fund has an expense ratio of 0.51% which is less than its category average expense ratio of 0.82%

Frequently Asked Questions

The current NAV of ICICI Prudential Passive Multi-Asset Fund of Funds Direct Reinvestment Inc Dist cum Cap Wdrl is ₹13.4 as on 20-Jun-2024.
Existing (Absolute + CAGR) as on 20-Jun-2024.
ICICI Prudential Passive Multi-Asset Fund of Funds Direct Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.67%
0.67%
6 Month Returns
9.42%
9.42%
1 Year Returns
17.85%
17.85%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • 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.
0.51% as on May 2024
₹1078 Cr as on May 2024
ICICI Prudential Nifty 10 yr Bench G-Sec(13.59%), ICICI Pru Nifty 5 Yr Bench G-SEC ETF(8.97%), ICICI Pru Gold ETF(6.78%), ICICI Prudential S&P BSE Liquid Rate ETF(5.87%), ICICI Pru Nifty Private Banks ETF(4.77%) as on May 2024
Government(30.4%), Financial Services(14.16%), Cash Equivalent(12.22%) as on May 2024
AAA
100
Sankaran Naren, Dharmesh Kakkad, Ritesh Lunawat, Nishit Patel, Manish Banthia are the fund managers of ICICI Prudential Passive Multi-Asset Fund of Funds Direct Reinvestment Inc Dist cum Cap Wdrl
The Exit load of ICICI Prudential Passive Multi-Asset Fund of Funds Direct Reinvestment Inc Dist cum Cap Wdrl is 1%