ICICI Prudential Passive Multi Asset Fund of Funds Direct Growth
Hybrid
Direct
Fund Of Funds
NAV as on 03-01-2025
₹ 13.93
Inception Returns
11.7%
/yr
About ICICI Prudential Passive Multi Asset Fund of Funds Direct Growth
ICICI Prudential Passive Multi Asset Fund of Funds Direct Growth is a hybrid fund. This fund was started on 17 January, 2022. The fund is managed by Dharmesh Kakkad, Ritesh Lunawat, Nishit Patel, Sankaran Naren, Manish Banthia. This fund gives you the benefit of diversification.
Key Parameters
- ICICI Prudential Passive Multi Asset Fund of Funds Direct Growth has ₹1112 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.5.
Returns
ICICI Prudential Passive Multi Asset Fund of Funds Direct Growth has given a CAGR return of 11.73% since inception. Over the last 1 year the fund has given a CAGR return of 12.09%.
Holdings
ICICI Prudential Passive Multi Asset Fund of Funds Direct Growth has allocated its funds majorly in Government, Financial Services, Cash Equivalent, Corporate, Health, Consumer Defensive, Tech, Energy, Basic Materials, Industrial, Consumer Cyclical, Communication, Utilities, Real Estate, Derivatives.
Taxation
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).
Investment objective of ICICI Prudential Passive Multi Asset Fund of Funds Direct Growth
ICICI Prudential Passive Multi-Asset Fund of Funds is a Fund of Funds scheme with the primary objective to generate returns by predominantly investing in passively managed funds launched in India and/or overseas. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. ICICI Prudential Passive Multi Asset Fund of Funds Direct Growth has no lock in period.
Historical NAV & Returns
ICICI Prudential Passive Multi Asset Fund of Funds Direct Growth Overview
| Expense ratio | 0.5% |
Benchmark | CRISIL Hybrid 50+50 - Moderate TR INR |
| AUM | ₹1112 Cr |
| Inception Date | 17 January, 2022 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 51.96% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   High Risk |
Trailing Returns
as on (03-Jan-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 1.1K Cr as of Nov'24
- AUM has remained same between Nov'24 and Oct'24
Top 3 Sectors in November were Government, Financial Services & Corporate
ICICI Prudential Passive Multi Asset Fund of Funds Direct Growth Highlights
High Risk
About the fund
Fund Allocations
AUM size ₹1112 Cr
Expense Ratio 0.5%
Frequently Asked Questions for ICICI Prudential Passive Multi Asset Fund of Funds Direct Growth
ICICI Prudential Passive Multi Asset Fund of Funds Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.13% | -1.13% |
6 Month Returns | 2.99% | 2.99% |
1 Year Returns | 12.09% | 12.09% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |