ICICI Prudential Multi Asset Fund

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Value Research Rating

5 star

Analyst’s Choice

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Riskometer

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Very High

₹708.4200 -0.05%

As on 06-Dec-2024

Returns

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Calculate SIP Returns of ICICI Prudential Multi Asset Fund

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Very High risk.

Low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of ICICI Prudential Multi Asset Fund

Asset Allocation

Split between different types of investments

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Market Cap Weightage

Split between categories of Equity investments

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Peer Comparison

Other details of ICICI Prudential Multi Asset Fund

Assets info

₹50,648 Cr

Exit Load (Days) info

1.00 (365)

Min. Investment (₹)

5,000

Min. Withdrawal (₹)

1

Min. SIP Investment (₹)

100

Min. No of Cheques

6

Investment Strategy

The scheme seeks to generate capital appreciation for investors by investing predominantly in equity and equity related instruments and income by investing across other asset classes.

Suitability

"Multi Asset Allocation funds invest your money in a mix of equity shares, bonds and commodities (usually gold) such that each has at least 10 per cent allocation at all times.

We don’t think highly of gold or other commodities as an investment. Read this article to know why. Therefore, we believe that investors can avoid these funds altogether. Instead, they might consider other varieties of hybrid funds — aggressive hybrid, balanced hybrid and conservative hybrid — which invest your money in equity shares and bonds in different proportions. You can choose from these depending upon your investment horizon, return expectations and ability to withstand volatility in the value of your investments."

Capital Gains Taxation

The following tax treatment is based upon last 12-months average equity allocation and may vary from other funds in the category.

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1.25 lakh in a financial year are exempt from tax. Gains over Rs 1.25 lakh are taxed at the rate of 12.5%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 20%.
  • No tax is to be paid as long as you continue to hold the units.

Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.

Dividend Taxation

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.
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FAQ for ICICI Prudential Multi Asset Fund

ICICI Prudential Multi Asset Fund is a multi asset allocation fund. Such funds invest your money in a mix of equity shares, bonds and commodities (usually gold) such that each has at least 10 per cent allocation at all times. XX

Mutual funds can be bought directly from the website of the fund house. For instance, ICICI Prudential Multi Asset Fund fund can be purchased from the website of ICICI Prudential Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of ICICI Prudential Multi Asset Fund is ₹708.4200 as of 09-Dec-2024.

The AUM of ICICI Prudential Multi Asset Fund Fund is ₹50,648 Cr as of 31-Oct-2024

The riskometer level of ICICI Prudential Multi Asset Fund is Very High. See More

Company Percentage of Portfolio

GOI GOI FRB 22/09/2033

0.96

GOI Sec 7.18 14/08/2033

0.91

Reserve Bank of India T-Bills 91-D 03/01/2025

0.68

Reserve Bank of India T-Bills 182-D 19/12/2024

0.65

Embassy Office

0.63
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As of 31-Oct-2024, ICICI Prudential Multi Asset Fund had invested 48.82% in Equity, 23.32% in Cash & Cash Eq., 14.83% in Debt, 12.02% in Commodities and 1.01% in Real Estate See More

ICICI Prudential Multi Asset Fund is 22 years 1 months old. It has delivered 21.25% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
21.60%
20.63%
21.22%
15.84%
14.16%
21.25%

No, There is no lock in period in ICICI Prudential Multi Asset Fund.

The expense ratio of ICICI Prudential Multi Asset Fund is 1.46.