July 9, 2022
mayank
ICICI Prudential Multi Asset Fund Guidance
NAV Growth : Rs 457.1074
NAV IDCW : Rs 35.4822
Suitable For Which Investors ?
“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. 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.”
Fund’s 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.
Fund Manager :
— Anuj Tagra
Education : Mr. Anuj Tagra is a graduate of Guru Gobind Singh Indraprastha University and an MBA from Narsee Monjee Institute of Management Studies
Experience : Prior to joining ICICI Prudential AMC he has worked with Union Bank of India and Fidelity Investments.
— Ihab Dalwai
Education : Mr. Dalwai is a Chartered Accountant.
Experience : He is associated with ICICI Prudential AMC since April 2011.
— 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.
— Gaurav Chikane
Education : Mr. Chikane is a B.E. (IT) and MBA (Finance)
Experience : Prior to joining the ICICI Prudential Mutual Fund, he has an experience of 6.5 years of trading in commodities.
— Sri Sharma
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 100 |
| Min. No of Cheques | 6 |
| Min. Withdrawal (Rs) | 1 |
| Min. Balance (Rs) | — |
| Lock-in Period | Not Applicable |
| Exit Load | For units in excess of 30% 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: | 15.34% |
| Benchmark: | NIFTY 200 TRI (65), NIFTY Composite Debt Index (25), London Gold (10) |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | Rs 13,279 Cr |
| (As on 31-May-2022) | |
| Expense: | 1.19% |
| (As on 31-May-2022) | |
| Risk Grade: | High |
| Return Grade: | Above Average |
| Turnover: | 47.00% |
ICICI Prudential Multi Asset Fund 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 Multi Asset Direct-G | 3.74 | 0.59 | 1.54 | -1.36 | -4.74 | 1.24 | 17.69 | 17.35 | 13.24 | 13.77 | — |
| VR Balanced TRI | -5.48 | 0.79 | 2.02 | -1.23 | -7.03 | -7.61 | 2.87 | 11.08 | 11.1 | 10.19 | — |
| Hybrid: Multi Asset Allocation | -2.71 | 0.33 | 1.67 | -0.03 | -5.06 | -3.63 | 4.23 | 12.66 | 8.33 | 8.54 | — |
| Rank within category | 1 | 3 | 11 | 17 | 10 | 1 | 1 | 2 | — | — | — |
| Number of funds in category | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 12 | 8 | 8 | 0 |
ICICI Prudential Multi Asset Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| ICICI Prudential Multi Asset Fund | 4 star | Jan-13 | 17.69 | 17.35 | 13.24 | 1.19% | 13,279 |
| Axis Triple Advantage Fund | 4 star | Jan-13 | 0.49 | 13.72 | 11.4 | 0.58% | 1,591 |
| SBI Multi Asset Allocation Fund | 4 star | Jan-13 | 2.92 | 10.89 | 9.04 | 0.87% | 542 |
| HDFC Asset Allocator FoF | Unrated | May-21 | 6.64 | — | — | 0.09% | 2,120 |
| HDFC Multi Asset Fund | 3 star | Jan-13 | 5.98 | 14.39 | 10.35 | 0.90% | 1,476 |
Portfolio Analysis
| Number of Stocks | 49 |
| Top 10 Holdings (%) | 45.11 |
| Top 5 Holdings (%) | 32.28 |
| Top 3 Sectors (%) | 38.65 |
| Portfolio P/B Ratio | 1.84 |
| Portfolio P/E Ratio | 13.25 |
| Avg Credit Rating | AAA |
ICICI Prudential Multi Asset Fund Guidance by Chanakya :
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