July 5, 2022
mayank
ICICI Prudential Asset Allocator Fund (FOF) Guidance
NAV Growth : Rs 83.6797
NAV IDCW : Rs 76.6425
Suitable For Which Investors ?
“When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.
These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.
Like for all equity-linked investments, you must invest only through the SIP route.”
Fund’s 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.
Fund Manager :
— Dharmesh Kakkad
Education : Mr. kakkad is B.com., CA & CFA.
Experience : He is associated with ICICI Prudential Asset Management Company Limited from June 2010. Prior to working in Dealing function, he was working in the Operations Department of ICICI Prudential AMC.
— Sankaran Naren
Education : Mr. Naren is a B.Tech from IIT Chennai and MBA (Finance)from IIM Kolkata.
Experience : Prior to joining ICICI Prudential AMC he has worked with Refco Sify Securities India Pvt. Ltd., HDFC Securities Ltd. and Yoha Securities.
— Manish Banthia
Education : Mr. Banthia is B.Com, CA and MBA
Experience : He is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC – Fixed Income Investments – Aug 2007 to Oct 2009, ICICI Prudential AMC – New Product Development – Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. – From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. – From May 2004 to May 2005.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Withdrawal (Rs) | 1 |
| Min. Balance (Rs) | — |
| Lock-in Period | Not Applicable |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
Basic Details
| Fund House: | ICICI Prudential Mutual Fund |
| Launch Date: | 01-Jan-13 |
| Return Since Launch: | 11.75% |
| Benchmark: | CRISIL Hybrid 50+50 Moderate Index |
| Riskometer: | Moderately High |
| Type: | Open-ended |
| Assets: | Rs 15,824 Cr |
| (As on 31-May-2022) | |
| Expense: | 0.07% |
| (As on 31-May-2022) | |
| Risk Grade: | Average |
| Return Grade: | Above Average |
| Turnover: | — |
ICICI Prudential Asset Allocator Fund (FOF) Guidance Trailing Returns (%)
| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
| ICICI Pru Asset Allocator (FOF) Direct-G | 1.2 | 0.25 | 0.42 | -0.7 | -1.37 | 0.85 | 6.96 | 12.88 | 11.42 | 11.71 | — |
| VR Balanced TRI | -7.03 | 0.5 | 0.09 | -3.73 | -10.39 | -9.1 | 2.05 | 10.15 | 10.85 | 9.97 | — |
| Hybrid: Dynamic Asset Allocation | -3.95 | 0.4 | 0.3 | -1.61 | -5.44 | -4.83 | 2.35 | 9.95 | 8.13 | 8.7 | — |
| Rank within category | 3 | 26 | 9 | 2 | 1 | 3 | 4 | 3 | — | — | — |
| Number of funds in category | 28 | 29 | 29 | 29 | 29 | 29 | 25 | 21 | 13 | 11 | 0 |
ICICI Prudential Asset Allocator Fund (FOF) Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| ICICI Prudential Asset Allocator Fund (FOF) | 4 star | Jan-13 | 6.96 | 12.88 | 11.42 | 0.07% | 15,824 |
| ICICI Prudential Balanced Advantage Fund | 4 star | Jan-13 | 6.44 | 11.08 | 10.41 | 0.95% | 40,146 |
| Kotak Balanced Advantage Fund | 4 star | Aug-18 | 2.35 | 10.47 | — | 0.45% | 13,667 |
| Edelweiss Balanced Advantage Fund | 5 star | Jan-13 | 2.2 | 13.64 | 11.33 | 0.47% | 8,046 |
| Tata Balanced Advantage Fund | 4 star | Jan-19 | 5.02 | 11.91 | — | 0.31% | 5,045 |
ICICI Prudential Asset Allocator Fund (FOF) Guidance by Chanakya :
Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than five years.
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