Icici multi asset fund direct growth

As a strong play on the broader domestic economic revival, one key segment is generally expected to have a favourable run. The banking and financial services sector may offer opportunities to gain from the growth path that the country is likely to take. Along with infrastructure, the BFSI (banking, financial services and insurance) segment would be a key component that would fuel GDP growth. A whole host of sub-segments come under the BFSI sector – public and private sector banks, NBFCs insurers, asset and wealth management companies, fintechs, brokerages and insurtechs, among others. In this regard, Quant Mutual is coming out with a new BFSI fund that will seek to invest in these companies. Given the cyclical nature of the theme itself, it is important to time the entry and exit well. Most of the funds tracking the theme haven’t been able to deliver well over a medium to long-term period. Should you invest in NJ ELSS Tax Saver fund? A theme on the rise For the better part of the previous decade (2010-20), banks (and more so public sector banks) were in particularly bad shape. With burgeoning non-performing assets, higher provisions, the challenges with mergers & acquisitions, and the like. But things have improved over the past three years, even in a post-Covid environment. FY23 has been one of the best years for banks. Data from BCG and RBI indicate that for 9MFY23, credit and deposit growth are in double digits, net interest income has surged by over 21 per cent, NPAs h...

ICICI Prudential Multi Asset Fund Direct-Growth Fund Key Highlights 1. Current NAV: The Current Net Asset Value of the ICICI Prudential Multi Asset Fund - Direct Plan as of Jun 15, 2023 is Rs 548.85 for Growth option of its Direct plan. 2. Returns: Its trailing returns over different time periods are: 17.74% (1yr), 27.08% (3yr), 15.38% (5yr) and 15.86% (since launch). Whereas, Category returns for the same time duration are: 12.89% (1yr), 18.09% (3yr) and 10.02% (5yr). 3. Fund Size: The ICICI Prudential Multi Asset Fund - Direct Plan currently holds Assets under Management worth of Rs 17811.98 crore as on Apr 30, 2023. 4. Expense ratio: The expense ratio of the fund is 1.16% for Direct plan as on Mar 31, 2023. 5. Exit Load: ICICI Prudential Multi Asset Fund - Direct Plan shall attract an Exit Load, "For units in excess of 30% of the investment,1% will be charged for redemption within 365 days" 6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 100. ICICI Prudential Multi Asset Fund Direct-Growth Fund Details Investment Objective - The scheme seeks to generate capital appreciation for investors by investing predominantly in equity and equity related instruments and income by investing across other asset classes. Fund House ICICI Prudential Mutual Fund Launch Date Jan 01, 2013 Benchmark NIFTY Composite Debt Index Return Since Launch 15.88% Riskometer Very High Type Open-ended Risk Grade Abo...

• Mutual Fund Lump sum Returns • Lumpsum Return Calculator • Rolling Return vs Category • Rolling Return vs Benchmark • Rolling Return vs Other Benchmark • Rolling Return vs Sensex & Gold • Debt Funds vs Fixed Deposit • Liquid Funds vs Savings Bank • Mutual Fund Category Returns • Market Capture Ratio Investment Objective The scheme aims to invest primarily in equities and for defensive consideration in fixed income securities including money market instruments with the aim of generating capital appreciation. The actual percentage of investments in will be decided after considering the prevailing market and economic conditions. Scheme Name Inception Date 1 Year Return(%) 2 Year Return(%) 3 Year Return(%) 5 Year Return(%) 10 Year Return(%) 01-01-2013 21.42 18.48 27.8 15.55 17.43 19-11-2008 22.59 9.24 15.74 8.26 8.78 31-10-2002 20.62 17.73 26.99 14.76 16.52 21-03-2001 17.97 13.72 37.51 20.91 13.41 05-08-2020 17.14 9.36 - - - 21-12-2005 17.12 8.21 13.34 9.97 10.16 04-03-2020 16.97 9.92 19.9 - - 05-08-2005 15.45 8.92 19.33 10.8 10.57 01-08-2010 12.19 4.28 16.19 9.91 9.47 04-08-2020 8.8 3.28 - - - Tax Benefits of investing in this fund Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months# Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months. Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is...

ICICI Prudential Multi Asset Fund - Direct Plan - Regular plan : Overview, Performance, Portfolio | Mutual Fund | Value Research ICICI Prudential Multi Asset Fund - Direct Plan - Regular plan : Overview, Performance, Portfolio | Mutual Fund | Value Research https://www.valueresearchonline.com/funds/15945/icici-prudential-multi-asset-fund-direct-plan/ Get the latest information and complete track record of ICICI Prudential Multi Asset Fund - Direct Plan schemes, returns, latest NAV and ratings from independent mutual fund research house.