This Multi-Asset Outperformed Category Average, Given Up To 104.17% Returns In 5 Years

Diversifying the portfilio with multi-asset such as bonds and other debt instruments, commodities, particularly gold, and so on can help your reduce risk level. While debt gives better security to an investment portfolio during market downturns, gold serves as a buffer against economic downturns and global turbulence.

There are several multi-asset funds available to make it easier for you. These funds allow you to benefit from professionally managed diversification through modest investments. Here, we have given details about one such multi-asset fund. This fund has given good over the years and best in mong peer funds. Check the details to know more!

ICICI Prudential Multi-Asset Fund - Direct Plan-Growth

It is a hybrid open-ended Multi-Asset Mutual Fund. It has Rs 13115.35 Crore worth of Asset Under Management, which is almost 66.94% of investment in the category. The NAV of the is Rs 481.2871 declared on 18th April 2022. Its expense ratio is 1.18%, which is higher than its category average expense ratio of 0.78%. 

This is a highly risky fund. This fund has been rated 4-star by the CRISIL. It has given above-average performance among peer funds. The minimum amount required for investment in this fund is Rs 5000, Whereas, for SIP it is Rs 100. There is no lock-in period in this fund. However, there is 1% exit load if the redemption amount is over 10% of the investment. This exit load is applicable if redeemed within 365 days of the investment.

Absolute And Annualised Returns

Lump-Sum Investment Returns

Since its inception, it has delivered 16.38% average annual returns.

Investment Period	Absolute Returns	Annualised Returns	Category Avg
1 Year	34.69%	34.47%	20.50%
2 Year	91.44%	38.30%	31.07%
3 Year	70.54%	19.45%	17.54%
5 Year	104.17%	15.34%	12.88%
Since Inception	311.09%	16.42%	12.69%

 SIP Returns

SIP Period	Absolute Returns	Annualised Returns
1 Year	15.07%	29.08%
2 Year	40.34%	36.44%
3 Year	51.52%	28.94%
5 Year	64.58%	20.02%

Portfolio

The fund is invested in equities to the tune of 67.32 per cent, with 56.58 per cent in large-cap stocks, 4.04 per cent in mid-cap companies, and 2.9 per cent in small-cap stocks. 

The fund has an 11.44 per cent debt investment, with 8.09 per cent in government securities and 3.34 per cent in extremely low-risk securities funds. The fund's debt part has a very low credit rating, meaning that the borrowers to whom it has borrowed money are of poor quality. 

The Financial, Energy, Communication, Automobile, and Healthcare sectors make up the majority of the fund's stock holdings. In comparison to other funds in the category, it has less exposure to the Financial and Energy sectors.

The fund's top holdings are in National Thermal Power Corp. Ltd., Bharti Airtel Ltd., and Oil & Natural Gas Corp. Ltd., Reserve Bank of India, ICICI Prudential Gold Exchange Traded Fund-IDCW.

Disclaimers

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.