July 12, 2022
mayank
ICICI Prudential Passive Multi-Asset FoF Guidance
NAV Growth : Rs 9.7587
NAV IDCW : Rs 9.7655
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 returns by predominantly investing in passively managed funds launched in India and/or overseas.
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.
— 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.
— Nishit Patel
Education : Mr. Patel is a B.Com & Chartered Accountant
Experience : ICICI Prudential Asset Management Company Limited – ETF Business – November 2018 – January 2020.
— Ritesh Lunawat
Education : Mr. Lunawat is B.Com and Chartered Accountant.
Experience : He has been Working with ICICI Prudential AMC Since September 2013.
— 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.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rss) | 100 |
| Min. No of Cheques | 6 |
| Min. Withdrawal (Rs) | — |
| Min. Balance (Rs) | — |
| Lock-in Period | Not Applicable |
| Exit Load | 1% for redemption within 365 days |
Basic Details
| Fund House: | ICICI Prudential Mutual Fund |
| Launch Date: | 13-Jan-22 |
| Return Since Launch: | -2.41% |
| Benchmark: | CRISIL Hybrid 50+50 Moderate Index (80), S&P Global 1200 TRI (15), Domestic Price of Gold Index (5) |
| Riskometer: | High |
| Type: | Open-ended |
| % Assets: | Rs 826 Cr |
| (As on 30-Jun-2022) | |
| Expense: | 0.07% |
| (As on 31-May-2022) | |
| Risk Grade: | — |
| Return Grade: | — |
| Turnover: | — |
ICICI Prudential Passive Multi-Asset 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 Passive Multi-Asset FoF Direct-G | — | -0.52 | 0.45 | 0.03 | -3.53 | — | — | — | — | — | — |
| VR Balanced TRI | — | -0.04 | 2.1 | 0.3 | -6.75 | — | — | — | — | — | — |
| Hybrid: Multi Asset Allocation | — | 0.11 | 1.36 | 0.6 | -4.9 | — | — | — | — | — | — |
| Rank within category | — | 23 | 22 | 21 | 6 | — | — | — | — | — | — |
| Number of funds in category | 22 | 23 | 23 | 23 | 23 | 22 | 21 | 13 | 9 | 9 | 0 |
ICICI Prudential Passive Multi-Asset FoF Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| ICICI Prudential Passive Multi-Asset FoF | Unrated | Jan-22 | — | — | — | 0.07% | 826 |
| ICICI Prudential Multi Asset Fund | 4 star | Jan-13 | 17.28 | 17.13 | 13.15 | 1.19% | 13,016 |
| Axis Triple Advantage Fund | 4 star | Jan-13 | 0.53 | 13.74 | 11.31 | 0.58% | 1,591 |
| SBI Multi Asset Allocation Fund | 4 star | Jan-13 | 3.45 | 10.92 | 9.12 | 0.87% | 542 |
| HDFC Asset Allocator FoF | Unrated | May-21 | 6.6 | — | — | 0.09% | 2,120 |
ICICI Prudential Passive Multi-Asset FoF Guidance by Chanakya :
Apply Online :
Stock Research Reports :
https://www.analysislibrary.com/
NFO Guidance :
https://sahifund.com/category/nfos/
Chanakya’s Mutual Fund Guidance on Youtube
https://www.youtube.com/c/ChanakyaNiPothi
Join Chanakya’s Telegram Channel @
https://t.me/chanakyanipothi