ICICI Prudential Multi Asset Fund Regular Plan Growth

Updated: 06-10-2025 07:48:39 AM

Investment Objective

ICICI Prudential Multi-Asset Fund seeks to generate capital appreciation for investors by investing primarily in equity and equity related securities and generate income by allocating funds across other asset classes.

Investment Strategies

• The fund focuses on multi asset investment, i.e., allocating at least 10% of the funds each in three or more asset classes.
• The scheme maintains net equity exposure in the range of 10% to 80%. However, under normal market conditions, it aims to maintain its gross equity exposure between 65% and 75%.
• It also allocates 10–35% of its assets to debt instruments, 10–30% to gold and silver through ETFs/ETCDs and up to 0–10% in REITs, InvITs and preference shares.
• It is a highly diversified scheme and invests across market capitalizations and various asset classes to generate alpha for the long term.
• It follows a counter cyclical approach i.e. taking investment decisions that go against the prevailing market trend or economic cycle. Therefore, it does not follow value or a growth investment style.
• The scheme may have sectoral deviation from the weights of its benchmark index.
• It may invest in covered call options to enhance portfolio returns.
• It invests in those companies that have a better risk-return trade off as compared to debt and arbitrage positions.

Who Should Invest

• Investors having an investment horizon of 5 years and above and seeking opportunistic exposure across multiple asset classes.
• Those seeking to benefit from the combination of the agility of equities, regular cash flows from debt instruments and potential hedge against inflation through gold or silver asset.

Frequently Asked Questions

What is the risk level of ICICI Prudential Multi-Asset Fund?
As per the fund factsheet published by the fund house, ICICI Prudential Multi-Asset Fund is considered to carry ‘Very High Risk’ for its investors.

Is there any lock-in period in ICICI Prudential Multi-Asset Fund?
ICICI Prudential Multi-Asset Fund has no lock-in period for its investors. Thus, the investors of ICICI Prudential Multi-Asset Fund are free to make redemption requests on any day as per their requirements.

What type of mutual fund is the ICICI Prudential Multi-Asset Fund?
ICICI Prudential Multi-Asset Fund is an open-ended hybrid mutual fund scheme belonging to the hybrid multi-asset allocation fund category.

Is ICICI Prudential Multi-Asset Fund an open-ended or close-ended scheme?
ICICI Prudential Multi-Asset Fund is an open-ended hybrid mutual fund scheme.

What is the benchmark index for ICICI Prudential Multi-Asset Fund?
The composite index consisting of Nifty 200 TRI (65%), Nifty Composite Debt Index (25%), Domestic Price of Gold (6%), Domestic Price of Silver (1%) and iCOMDEX Composite Index (3%) is the benchmark index of the ICICI Prudential Multi-Asset Fund. The fund also has Nifty 50 TRI as its additional benchmark index.