ICICI Prudential Multi Asset Fund - Direct Plan

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Value Research Rating

4 star

Analyst’s Choice

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Riskometer

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Very High

₹677.2359 0.00%

As on 23-Feb-2024

Returns

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Calculate SIP Returns of ICICI Prudential Multi Asset Fund - Direct Plan

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 - Direct Plan

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 - Direct Plan

Assets info

₹32,831 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."

Taxation

Capital Gains Taxation

Tax treatment depends upon last 12-month average equity allocation and may vary from fund to fund in the category.

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • 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 15%.
  • No tax is to be paid as long as you continue to hold the units.

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.

FAQ for ICICI Prudential Multi Asset Fund - Direct Plan

ICICI Prudential Multi Asset Fund - Direct Plan 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 - Direct Plan 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 - Direct Plan is ₹677.2359 as of 24-Feb-2024.

The AUM of ICICI Prudential Multi Asset Fund - Direct Plan Fund is ₹32,831 Cr as of 31-Jan-2024

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

Company Percentage of Portfolio

ICICI Pru Gold ETF-IDCW

2.74

Tata Power Company Ltd CP 86-D 01/02/2024

1.45

GOI GOI FRB 22/09/2033

1.44

ICICI Pru Silver ETF-G

1.09

Embassy Office Parks REIT

0.88
See More

As of 31-Jan-2024, ICICI Prudential Multi Asset Fund - Direct Plan had invested 58.17% in Equity, 14.49% in Cash & Cash Eq., 14.1% in Commodities, 12.13% in Debt and 1.12% in Real Estate See More

ICICI Prudential Multi Asset Fund - Direct Plan is 11 years 1 months old. It has delivered 17.01% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
31.60%
23.70%
20.74%
16.46%
17.56%
17.01%

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

The expense ratio of ICICI Prudential Multi Asset Fund - Direct Plan is 0.74.

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