Hybrid
Direct
Fund Of Funds
NAV as on 05-09-2024
₹ 123.94
▲0.1%
1D
Inception Returns
13.2%
/yr
ICICI Prudential Asset Allocator Fund FOF Direct Growth is a hybrid fund. This fund was started on 11 January, 2013. The fund is managed by Ritesh Lunawat, Dharmesh Kakkad, Manish Banthia, Sankaran Naren. This fund gives you the benefit of diversification.
ICICI Prudential Asset Allocator Fund FOF Direct Growth has given a CAGR return of 13.21% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 22.76%, 15.08% and 16.70% respectively.
ICICI Prudential Asset Allocator Fund FOF Direct Growth has allocated its funds majorly in Corporate, Government, Financial Services, Cash Equivalent, Tech, Health, Consumer Defensive, Basic Materials, Consumer Cyclical, Industrial, Communication, Energy, Utilities, Real Estate, Securitize.
As it is a fund of funds mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
The primary objective of the Scheme is to generate capital appreciation primarily from a portfolio of equity, debt, and gold schemes accessed through the diversified investment styles of underlying schemes. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. ICICI Prudential Asset Allocator Fund FOF Direct Growth has no lock in period.
Expense ratio | 0.64% |
Benchmark | CRISIL Hybrid 50+50 - Moderate TR INR |
AUM | ₹22109 Cr |
Inception Date | 11 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 130.72% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | High Risk |
as on (05-Sep-24)
as on (31-Dec-69)
Top 3 Sectors in July were Government, Corporate & Financial Services
ICICI Prudential Asset Allocator Fund FOF Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.55% | 2.55% |
6 Month Returns | 10.62% | 10.62% |
1 Year Returns | 22.76% | 22.76% |
3 Years Returns | 52.4% | 15.08% |
5 Years Returns | 116.42% | 16.7% |