ICICI Prudential Multi Asset Fund Direct Growth

ICICI Prudential Multi Asset Fund is a hybrid mutual fund that invests at least 65% in equity and equity-related instruments, at least 10% in debt and money-market instruments and a minimum of 10% of its total assets in Gold ETF/Silver ETF/ ETCDs.

The fund is benchmarked against a custom blend. This includes:
Nifty 200 TRI (65%) + Nifty Composite Debt Index (25%) + Domestic Price of Gold (6%) + Domestic Price of Silver (1%) + iCOMDEX Composite Index (3%).

Investment Strategy

ICICI Prudential Multi-Asset Fund follows a counter-cyclical approach, which means it does the opposite of what most investors do. When markets are running high, the fund reduces exposure. When markets are down and valuations are attractive, it increases exposure.

This helps the fund buy low and sell high. What also works in its favour is its ability to diversify across asset classes, like equity, debt, gold, and more. This reduces the risk of being hit by any single market event and helps smooth returns over time.

Should I Invest In ICICI Prudential Multi Asset Fund?

ICICI Multi Asset Fund is suitable for investors who:

- Want to diversify in different asset classes

- Want to balance growth and stability

- Have a medium to long-term horizon

- Have a moderate to high-risk appetite

Allocation & Historical Returns

Currently, the fund's portfolio comprises 3.7% small-cap stocks, 50.00% large-cap stocks, and 11.62% mid-cap stocks.

With an AUM of ₹55360.0 crores, ICICI Prudential Multi Asset Fund Direct Growth generated a return of 14.5% in 1 year, 21.5% in 3 years, 27.1% in 5 years. while its benchmark index (Multi Asset Allocation Index) generated 0.0% in 1 year, 0.0% in 3 years, and 0.0% in 5 years.