To generate capital appreciation for investors by investing predominantly in equity and equity related instruments and income by investing across other asset classes.However,there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
ICICI Prudential Multi Asset Fund
ICICI Prudential Multi Asset Fund is an open ended investing across asset classes. The main objective of the funds is to create long term wealth by investing predominantly in equity and equity related instruments and income by investing across other asset classes like Debt, Gold, and other asset classes. The scheme is suitable for investors who are looking for diversified exposure across asset classes.
Sankaran Naren : Managing this fund from Feb 2012, earlier managed from Sep 2006 to Feb 2011 and & has Overall 29 Years of experience.
Ihab Dalwai: Managing this fund since June, 2017 & overall 8 years of experience
Anuj Tagra: Managing this fund since May, 2018 & Overall 12 years of experience
Asset Allocation :
This fund invests minimum 65% of its assets in equity oriented securities, 10% -35% of its assets in debt and gold/gold ETFs and 0% -10% in REITs & InvITs.
Equity, in the portfolio, plays the part of wealth creator but goes through phases of consolidation and growth during the process of wealth creation. Debt aims to offer stability to portfolio and provides opportunities for stable and consistent returns over the long period. Gold, which also comes with its phases of consolidation and growth, acts as a good hedge and can help in protecting portfolio from risks such as inflation and bring stability to the portfolio.
The portfolio works in a three-fold manner providing the agility of an equity stock, regular income through debt instruments and safety of a gold asset.
Currently, it has around 66% of its assets in equity oriented securities. The fund follows flexi cap strategy this strategy allows fund manager to diversify portfolio across all market capitalizations and sectors based on the opportunities available in the market. This fund is over weight on energy sector, financial and metals.
The fund has an AUM of Rs. 11,060 cr as on 31 July 2019 and has a good historical performance track record. Fund has been consistently outperformed the benchmark and its category in 3,5,10 years. The fund has generated 21.96% return since inception as against benchmark index 17.90%. If you had invested Rs. 10000 per month at the time of inception (Invested amount 19.9 Laks), your money would have grown to 97.62 lakh by end of June 30, 2019.
Below is the SIP Performance of the scheme :( as on June 30,2019)
|SIP Details - Invested Rs 10000 Every Month|
|Date of inception of scheme: October 31, 2002.
|Date of first installment: December 1, 2002
Dividend Payment History:
This fund has a good dividend payment history and able to pay dividends consistently every month.
|Dividend Payment History|
||Gross Div Per Unit
Who Can Invest?
Investors who wish to opportunistically invest across multiple asset classes could consider investing in this scheme with an investment horizon of 5 years or above. An investor can start Investing in this fund with a minimum one-time investment of Rs. 5000 or Monthly SIP Rs. 100 with a minimum of 6 installments. This fund is suitable for investors who want to park their money for long term financial goals and create long term wealth with an investment horizon of more than 5 years and above.
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|UTI Multi Asset Fund-Reg(G)
(Performance as on 06 Sept 2019)
* Investors should consult their financial advisor if in doubt about whether the product is suitable for them.