ICICI Prudential Asset Allocator (FOF) Fund

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Value Research Rating

5 star

Analyst’s Choice

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Riskometer

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High

₹102.1385 0.31%

As on 20-Feb-2024

Returns

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Calculate SIP Returns of ICICI Prudential Asset Allocator (FOF) Fund

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has High risk.

low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of ICICI Prudential Asset Allocator (FOF) 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 Asset Allocator (FOF) Fund

Assets info

₹21,399 Cr

Exit Load (Days) info

1.00 (365)

Min. Investment (₹)

5,000

Min. Withdrawal (₹)

1

Min. SIP Investment (₹)

1,000

Min. No of Cheques

6

Investment Strategy

The Scheme seeks to generate capital appreciation primarily from a portfolio of equity, debt, and gold schemes accessed through the diversified investment styles of underlying schemes.

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

  • If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • 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 Asset Allocator (FOF) Fund

The Scheme seeks to generate capital appreciation primarily from a portfolio of equity, debt, and gold schemes accessed through the diversified investment styles of underlying schemes.

Mutual funds can be bought directly from the website of the fund house. For instance, ICICI Prudential Asset Allocator (FOF) 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 Asset Allocator (FOF) Fund is ₹102.1385 as of 21-Feb-2024.

The AUM of ICICI Prudential Asset Allocator (FOF) Fund Fund is ₹21,399 Cr as of 31-Jan-2024

The riskometer level of ICICI Prudential Asset Allocator (FOF) Fund is High. See More

Company Percentage of Portfolio

ICICI Pru Gold ETF-IDCW

10.39

ICICI Pru All Seasons Bond Direct-G

10.08

ICICI Pru Ultra Short Term Direct-G

7.92

ICICI Pru Floating Interest Direct-G

7.68

ICICI Pru Savings Direct -G

6.78
See More

As of 31-Jan-2024, ICICI Prudential Asset Allocator (FOF) Fund had invested 45.96% in Debt, 36.23% in Equity, 10.18% in Commodities, 7.48% in Cash & Cash Eq. and 0.15% in Real Estate See More

ICICI Prudential Asset Allocator (FOF) Fund is 20 years 2 months old. It has delivered 12.20% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
20.59%
13.39%
13.76%
12.53%
13.19%
12.20%

No, There is no lock in period in ICICI Prudential Asset Allocator (FOF) Fund.

The expense ratio of ICICI Prudential Asset Allocator (FOF) Fund is 1.21.

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