ICICI Prudential Multi-Asset Mutual Fund Growth possibility has turned 20 years of its existence. The fund was launched on October 31, 2002, by the fund home ICICI Prudential Mutual Fund, and as of November 3, 2022, it has supplied a CAGR of 21.21% since its inception. Investors who want to profit from totally different asset lessons from a single portfolio can make investments on this fund by following the suggestions of their monetary advisors. The fund is greatest fitted to long-term investments of 5 years or extra. ICICI Prudential Multi-Asset Mutual Fund has been rated 4-star by Value Research. Let’s have a look at how the ICICI Prudential Multi-Asset Mutual Fund Growth possibility has grown from a ₹10,000 SIP to ₹1.8 Cr over the course of 20 years.
ICICI Prudential Multi-Asset Mutual Fund Returns
A month-to-month SIP of ₹10,000 made because the launch of the fund would now have turned your funding quantity to ₹1.8 Cr in 20 years. A month-to-month SIP of ₹10,000 made 10 years in the past would now have turned to ₹26 lakhs. In the final 5 years, the fund has generated an annualized SIP return of 18.48%, therefore a month-to-month SIP of ₹10,000 made 5 years in the past would now have turned to ₹9.51 lakh. In the final 3 years, the fund has generated an annualized SIP return of 24.96%, therefore a month-to-month SIP of ₹10,000 made 3 years in the past would now have turned to ₹5.17 lakh.
In the final 2 years, the fund has generated an annualized SIP return of 21.85%, therefore a month-to-month SIP of ₹10,000 made 2 years in the past would now have turned to ₹2.96 lakh. In the final 1 12 months, the fund has generated an annualized SIP return of 16.29%, therefore a month-to-month SIP of ₹10,000 made 1 12 months in the past would now have turned to ₹1.30 lakh. Since its introduction, the ICICI Prudential Multi-Asset Fund-Growth has generated common annual returns of 21.16%, and 11.42% through the previous 12 months. According to the figures proven above, the fund has doubled the cash invested each three years.
View Full Image
ICICI Prudential Multi-Asset Mutual Fund Returns (icicipruamc.com) Key takeaways of ICICI Prudential Multi-Asset Mutual Fund
Assets underneath administration (AUM) for the ICICI Prudential Multi-Asset Fund-Growth have been at ₹14,227 Crores as of September 30, 2022, whereas the fund’s NAV was ₹466.88 as on November 3, 2022. The expense ratio of the fund, which is 1.85%, is greater than different funds in the identical class. The monetary, vitality, expertise, communication, and car sectors make up nearly all of the fairness part of the fund’s investments.
The fund’s prime 5 holdings are National Thermal Power Corp. Ltd., ICICI Bank Ltd., Bharti Airtel Ltd., Oil & Natural Gas Corpn. Ltd., Infosys Ltd.. In home equities, the fund has a 69.18% publicity, of which 60.63% are large-cap corporations, 5.52% are mid-cap shares, and three.03% are small-cap shares. Debt represents 7.18% of the fund’s funding.
Catch all of the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.
Download The Mint News App to get Daily Market Updates.
More
Less
