INF109K015K4

ICICI Prudential Multi-Asset Fund Direct Plan Growth

Very High Risk Multi Asset Allocation Allocation

NAV (Mon Feb 19 2024)

₹675

Returns (Since Inception)

23.81%

Category Average

0.00%

Rating

NA

Allocation and Holdings

Asset class

Weightage

Financial Services

12.10%

Utilities

5.18%

Consumer Cyclical

3.66%

Energy

5.23%

Unknown

2.74%

Technology

2.36%

Communication Services

2.34%

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Overall rating

100K+Downloads

Scheme Information

Fund name

ICICI Prudential Multi-Asset Fund Direct Plan Growth


Minimum SIP

100


Risk Level

Very High Risk


AUM

₹3,28,310 Cr


ISIN

INF109K015K4


Inception Date

Jan 01 1970


Standard Deviation

9.728


Beta

-


Sharpe Ratio

1.995


Benchmark

Nifty Composite Debt Index PR INR

Risk

Very High Risk

Investment Objective

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.

Fund Managers

Sankaran Naren

Anuj Tagra

Ihab Dalwai

Priyanka Khandelwal

Sri Sharma

Gaurav Chikane

About the AMC

ICICI Prudential Asset Management Company Limited


Phone Number

+91 22 26428000


Corporate Office Address

ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East)

Overall AUM

₹3,28,310 Cr


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frequently asked questions

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What is the current NAV of ICICI Prudential Multi-Asset Fund Direct Plan Growth?

The NAV of ICICI Prudential Multi-Asset Fund Direct Plan Growth is ₹675 as of Mon Feb 19 2024.

Net asset value, or NAV for short, is a mutual fund's cost per unit. Consider it the share price of a stock, but one that represents the total worth of all the investments made by the fund. This value affects how much you pay to invest or receive when redeeming units, and it changes every day based on changes in the market. Gaining insight into NAV enables you to evaluate a fund's performance and make wise investment choices.

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Who is the fund manager of ICICI Prudential Multi-Asset Fund Direct Plan Growth?

Sankaran Naren is the current fund manager of ICICI Prudential Multi-Asset Fund Direct Plan Growth as on Wed Feb 21 2024. A fund manager's performance history, investment style and strategy, approach to risk management, tenure and experience, fees and charges, and alignment with investor goals all have an impact on the fund performance.

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What is the expense ratio of ICICI Prudential Multi-Asset Fund Direct Plan Growth?

The Expense Ratio of ICICI Prudential Multi-Asset Fund Direct Plan Growth is 0.00% as of Wed Feb 21 2024 which means if you earn ₹50,000 worth returns on an investment in this fund then 0.00% of those returns will be retained by the AMC.

The annual fees you pay the mutual fund firm to manage your investments in that fund are known as the Expense Ratio. The Expense Ratio is deducted from the returns that the fund generates and expressed as a percentage of Assets Under Management (AUM).

Because a smaller portion of the gains will be retained, a fund with a lower expense ratio is always preferable because it will result in larger returns for you.

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What is the minimum SIP amount of ICICI Prudential Multi-Asset Fund Direct Plan Growth?

The minimum Systematic Investment Plan (SIP) amount required for ICICI Prudential Multi-Asset Fund Direct Plan Growth is ₹100. A Systematic Investment Plan (SIP) is an investment approach in mutual funds where an investor selects a mutual fund scheme and invests a fixed amount at regular intervals. The SIP investment strategy involves investing a small amount consistently over time, as opposed to investing a large sum in a single instance. This method aims to potentially yield higher returns over the long term by leveraging the benefits of rupee cost averaging and compounding.

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What is the minimum lump sum amount required to invest in ICICI Prudential Multi-Asset Fund Direct Plan Growth?

To initiate a lump sum investment in ICICI Prudential Multi-Asset Fund Direct Plan Growth, a minimum initial amount of ₹5,000 is necessary. This means that to participate in this investment option, investors must commit a starting sum of at least INR 5000. A lumpsum investment is a common approach to investing money in financial instruments such as mutual funds. This method involves investing a substantial sum of money in a financial instrument in a single transaction, as opposed to making multiple smaller payments over time.

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What is risk category of the ICICI Prudential Multi-Asset Fund Direct Plan Growth?

In accordance with SEBI regulations, mutual funds are required to disclose the risk associated with investing, categorized into five levels: (a) Low: Low risk to principal, (b) Moderately Low: Moderately low risk to principal, (c) Moderate: Moderate risk to principal, (d) Moderately High: Moderately high risk to principal, (e) High: High risk to principal. The risk category of ICICI Prudential Multi-Asset Fund Direct Plan Growth is classified as Very High Risk.

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What is the category of ICICI Prudential Multi-Asset Fund Direct Plan Growth?

The category of the ICICI Prudential Multi-Asset Fund Direct Plan Growth is Allocation.

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