ICICI Prudential Multi-Asset Fund turned Rs 10 lakh to over Rs 7 crore in 22 years
ICICI Prudential Multi-Asset Fund, a multi-asset allocation fund, has successfully completed 22 years of existence in the market. The scheme has offered 21.58% CAGR since its inception.
The scheme benchmark is against Nifty 200 TRI (65%) + Nifty Composite Debt Index (25%) + Domestic Price of Gold (6%) + Domestic Price of Silver (1%) + iCOMDEX Composite Index (3%).
Launched in October 2002, the scheme offered 22.47% CAGR in the last five years. In the last three and one-year periods, the scheme offered 21.19% and 32.09% CAGR respectively.
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“ICICI Prudential Multi-Asset Fund’s journey of wealth creation is a strong testament to the power of disciplined asset allocation across diverse asset classes. This approach has benefited our investors over the long term with rewarding investment outcomes,” said Nimesh Shah, MD & CEO of ICICI Prudential AMC.
He added, “At ICICI Prudential Mutual Fund, we rely on the expertise of a dedicated team comprising of fund managers across equities, debt, and commodities. This collaborative approach enables us to make well-informed allocation decisions, allowing the scheme to leverage our asset class expertise to deliver value to our investors.”
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