ICICI Prudential Multi Asset Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. S Naren, Ihab Dalwai is the Current Fund Manager of ICICI Prudential Multi Asset Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹11,156 Cr and the Latest NAV as of 22 Oct 2019 is ₹281.23.
The ICICI Prudential Multi Asset Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
Seeks to generate capital appreciation by actively investing in equity and equity related securities. For defensive considerations, the Scheme may invest in debt, money market instruments and derivatives.
Returns are taxed as per your Income Tax slab, if sold before 3 years and 20% with indexation benefit post 3 years.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
For units in excess of 10% of the investment,1% will be charged for redemption within 1 year