ICICI Prudential Multi-Asset Fund has completed 21 years. The scheme manages an AUM of Rs 24,060.99 crore, which is approximately 57% of the total AUM in the multi asset allocation category

ICICI Prudential Multi-Asset Fund has completed 21 years. The scheme manages an AUM of Rs 24,060.99 crore, which is about 57% of the total AUM in the multi asset allocation category, a press release said. A lump sum investment of Rs 10 lakh at the time of inception would be approximately Rs 5.49 crore by September 30, 2023. Plan Uniform Investment in Benchmark – Nifty 200 TRI (65%) + Nifty Composite Debt Index (25%) + Gold Domestic Price (6%) + Silver Domestic Price (1%) + ICOMDEX Composite Index (3%) – Approx The yield will be Rs 2.57 crore (16% CAGR). A monthly investment of Rs 10,000 through SIP from the beginning, which would have resulted in a total investment of Rs 25.2 lakh, will grow to Rs 2.1 crore by September 30 (CAGR of 17.5%). The same investment in the scheme's benchmark would have yielded a CAGR of 13.7%. Nimesh Shah, MD & CEO, ICICI Prudential AMC, says, “The wealth creation journey of ICICI Prudential Multi-Asset Fund is a testament to the fact that prudent asset allocation across different asset classes can lead to long-term growth.