|NTPC||Power Generation & Distribution||Equity||6.96%|
|O N G C||Crude Oil & Natural Gas||Equity||3.28%|
|Infosys||IT - Software||Equity||2.82%|
|St Bk of India||Banks||Equity||1.26%|
|HCL Technologies||IT - Software||Equity||1.23%|
|Hindalco Inds.||Non Ferrous Metals||Equity||1.15%|
|TVS Motor Co.||Automobile||Equity||1.1%|
|B P C L||Refineries||Equity||0.81%|
|Larsen & Toubro||Infrastructure Developers & Operators||Equity||0.74%|
|Samvardh. Mothe.||Auto Ancillaries||Equity||0.7%|
|Interglobe Aviat||Air Transport Service||Equity||0.62%|
|United Breweries||Alcoholic Beverages||Equity||0.55%|
|M & M Fin. Serv.||Finance||Equity||0.51%|
|Kalpataru Proj.||Capital Goods - Electrical Equipment||Equity||0.5%|
|Gujarat Gas||Gas Distribution||Equity||0.49%|
|Coal India||Mining & Mineral products||Equity||0.47%|
|H P C L||Refineries||Equity||0.47%|
|Oil India||Crude Oil & Natural Gas||Equity||0.41%|
|Tech Mahindra||IT - Software||Equity||0.37%|
|TCS||IT - Software||Equity||0.34%|
|Guj Pipavav Port||Marine Port & Services||Equity||0.24%|
|D B Corp||Media - Print/Television/Radio||Equity||0.18%|
|Kotak Mah. Bank||Banks||Equity||0.16%|
|SBI Life Insuran||Insurance||Equity||0.16%|
|LIC Housing Fin.||Finance||Equity||0.14%|
|Suprajit Engg.||Auto Ancillaries||Equity||0.06%|
|Pharmaceuticals & Biotech||6.71%|
|Cement & Cement Products||0.88%|
|Fertilisers & Agrochemica||0.37%|
|Agricultural Food & other||0.18%|
|Cash & Others||0.1%|
|Non Convertable Debenture||4.36%|
|Govt Securities / Sovereign||4.19%|
|Mutual Funds Units||2.32%|
|Certificate of Deposit||0.11%|
|Net Curr Ass/Net Receivables||-0.52%|
|Exit Load||Nil - If units purchased or switched in from another scheme of the Fund are redeemed or switched out upto 30% of units (the limit) purchased or switched within 1 year from the date of allotment 1.00% - if units purchased or switched in from another Scheme of the Fund are redeemed or switched out within 1 year from the date of allotment. Nil - If units purchased or switched in from another Scheme of the Fund are redeemed or switched out after 1 year from the date of allotment.|
The ICICI Prudential Multi-Asset Fund is a diversified multi-asset scheme launched on 31st October 2002 by ICICI Prudential Mutual Fund.
The scheme distributes the majority of its investments across the banking, power, automobiles, IT, oil, telecom services, finance, pharmaceutical and biotechnology, and insurance sectors. It is managed by Sankaran Naren, Ihab Dalwai, Anuj Tagra, Gaurav Chikane, and Sri Sharma.
The scheme’s objective is to achieve capital growth for investors through mainly investing in equities and related instruments while also seeking to generate income through investments in various other asset classes. The scheme aims to achieve its objective by investing in companies with above-average profitability. It also seeks to invest in debt and money market securities that offer the best balance of yield and risk.
The ICICI Prudential Multi-Asset Fund allocates between 65% to 80% of its corpus to equities and related instruments. The balance allocation is spread across debt and money market instruments, gold exchange-traded funds, commodity derivatives, preference shares, REITs, and InvITs.
Pros & Cons
|The annualized returns generated by ICICI Prudential Multi-Asset Fund have consistently beaten its category average and its benchmark indices (Nifty 200 TRI, Nifty Composite Debt Index, and LBMA AM Fixing Prices).||In the last three years, the ICICI Prudential Multi-Asset Fund has experienced a higher standard deviation than the category average, leading to increased volatility.|
|It has delivered a significantly higher alpha in the past three years than its benchmark and category average, indicating superior performance.||Given the nature of the scheme, it has a high portfolio turnover ratio, which could result in substantial losses if market conditions are unfavorable.|
|The scheme has had a better Sharpe ratio in the last three years than the category average, which means that it has generated higher returns per unit of risk.||The scheme’s investment strategy is focused on long-term growth, so investors should be prepared to hold their investments for several years.|
How to invest in ICICI Prudential Multi-Asset Fund?
5paisa makes it simple and convenient for users to invest in the ICICI Prudential Multi-Asset Fund Direct-Growth. The procedure is straightforward, can be finished quickly, and does not include any paperwork at any point. Invest a few minutes in carrying out the steps listed below:
Step 1: Log in to your 5Paisa Account. If you do not have one, click the link to register and create a new 5Paisa account in 3 easy steps. Alternatively, you can download the 5Paisa app on your smartphone for Android or IOS and log in from your device.
Step 2: Search for the ICICI Prudential Mutual FundMutual Fund scheme that you want to invest in
Step 3: Select the option that is apt for your requirement and risk appetite
Step 4: Select the investment type – SIP (Systematic Investment Plan) or Lumpsum
Step 5: Input the amount that you’d like to invest and proceed with payment by clicking on the ‘Invest Now’ button
That’s it! This sums up the investment process. Once your payment is successful, you can see the ICICI Prudential Mutual FundMutual Fund reflected in your 5Paisa account in 3-4 working days. If you have selected the SIP option, the chosen amount will get deducted every month starting from the date you have made the payment.
Top 10 ICICI Prudential Mutual Fu
What is the expense ratio of the ICICI Prudential Multi-Asset Fund?
When referring to the ICICI Prudential Multi-Asset Fund Direct-Growth or any other mutual fund, the word “Expense Ratio” refers to the fund’s annual operating expenses as a percentage of its total assets, which can impact a scheme’s returns for investors. A lower expense ratio usually means the fund is less costly and may generate higher returns for the investors.
Who should invest in ICICI Prudential Multi-Asset Fund?
The ICICI Prudential Multi-Asset Fund is suitable for individuals seeking long-term capital growth through investments in multiple asset classes. The scheme can be a great option for individuals new to investing and looking to build their understanding of portfolio diversification across multiple asset classes.
The scheme has consistently been a top performer within its category, delivering an average annual return of around 16% since its inception. It has seen a growth of ₹ 1.57 crore in monthly SIP investments of ₹ 10,000 since its inception, demonstrating its popularity among investors.
The ICICI Prudential Multi-Asset Fund is a good fit for investors with a long-term investment outlook of a minimum of five years and willing to take on a higher level of risk. This scheme invests in a mix of asset classes, offering the potential for higher returns over time. However, it is essential to note that the value of these investments can be volatile and may fluctuate in the short term. As a result, there may be better options for those seeking low-risk investments or having a shorter investment time frame.
What are the benefits of investing in the ICICI Prudential Multi-Asset Fund?
● The ICICI Prudential Multi-Asset Fund has displayed remarkable growth, with its NAV demonstrating a 41-fold increase since its inception.
● The scheme has generated an impressive CAGR of around 16% since its inception.
● It has a history of delivering above-average returns compared to its benchmark and category, as evidenced by its yearly average alpha of 3.4% since 2003.
● Over the past decade, the scheme has consistently delivered positive returns, with no negative years recorded.
● 82% of the time since inception, the scheme’s ten-year returns on a daily basis have been more than 12%.
● The ICICI Prudential Multi-Asset Fund has generated a 2.9% average annual dividend yield since its inception.
● It has the distinct advantage of investing a minimum of 10% in three or more asset classes, providing a diversified portfolio, and reducing overall risk through exposure to different market capitalizations and asset types.
Sankaran Naren - Investment Team - Fund Manager
Mr Sankaran is in charge of the investment function for the Mutual Fund and International Advisory Business. He graduated from IIT Madras and IIM Kolkata and has worked in the financial services industry in a variety of capacities. In his twelve years as a fund manager, he has managed 29 funds.
- Fund Name
- Fund Size
- 3Y Returns
- Motilal Oswal Multi Asset Fund – Direct Growth
16.8%Fund Size - 115
8.5%Fund Size - 115
-Fund Size - 115
- Quant Multi Asset Fund – Direct Growth
15.6%Fund Size - 978
29.2%Fund Size - 978
23.2%Fund Size - 978
- Tata Multi Asset Opportunities Fund – Dir Growth
18.5%Fund Size - 1,787
20.4%Fund Size - 1,787
-Fund Size - 1,787
- Nippon India Multi Asset Fund – Direct Growth
20.7%Fund Size - 1,448
17.8%Fund Size - 1,448
-Fund Size - 1,448
- HDFC Multi-Asset Fund – Direct Growth
16.5%Fund Size - 1,913
17.1%Fund Size - 1,913
13.5%Fund Size - 1,913
Frequently Asked Questions
How to invest in ICICI Pru Multi-Asset Fund – Direct Growth ?
- Login to your 5paisa account, Go to the Mutual Funds section.
- Search for ICICI Pru Multi-Asset Fund – Direct Growth in the search box.
- Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"
What is the NAV of ICICI Pru Multi-Asset Fund – Direct Growth ?
How to redeem ICICI Pru Multi-Asset Fund – Direct Growth holding ?
What is the minimum sip amount of ICICI Pru Multi-Asset Fund – Direct Growth?
What are the top sectors ICICI Pru Multi-Asset Fund – Direct Growth has invested in?
- Debt - 29.44%
- Banks - 12.42%
- Power - 7.31%
- Pharmaceuticals & Biotech - 6.71%
- Automobiles - 6.67%
Can I make investments in both the SIP and Lump Sum schemes of ICICI Pru Multi-Asset Fund – Direct Growth?
How much returns have ICICI Pru Multi-Asset Fund – Direct Growth generated ?
What is the expense ratio of ICICI Pru Multi-Asset Fund – Direct Growth ?
What is the AUM of ICICI Pru Multi-Asset Fund – Direct Growth?
What are the top stock holdings of ICICI Pru Multi-Asset Fund – Direct Growth?
How can I redeem my investments in ICICI Pru Multi-Asset Fund – Direct Growth?
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select ICICI Pru Multi-Asset Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.