ICICI Prudential Multi-Asset Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl

ICICI Prudential Multi-Asset Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Manish Banthia, Ihab Dalwai, Akhil Kakkar, Sankaran Naren. This fund gives you the benefit of diversification.

1. ICICI Prudential Multi-Asset Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl has ₹57485 Cr worth of assets under management (AUM) as on Apr 2025 and is more than category average.
2. The fund has an expense ratio 0.7.
   

ICICI Prudential Multi-Asset Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 16.48% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.93%, 20.22% and 26.35% respectively.

ICICI Prudential Multi-Asset Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Consumer Cyclical, Government, Basic Materials, Energy, Industrial, Tech, Health, Consumer Defensive, 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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains 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 Plan Reinvestment Inc Dist cum Cap Wdrl has no lock in period.