Investment Tips: After investing, everyone wants to get bumper returns and their money should never go into loss. If you are also looking for such an option, then we will tell you the specialty of Multi Asset Fund, which reduces your loss to a great extent.
New Delhi. Every investor has the same intention of getting huge returns on his invested money. In this search, investors try out many options. Today we will tell you about an option which gives returns from 4 sides on a single investment. Obviously, the risk on your money will be reduced considerably, because if the return from one asset is negative, then it will be compensated by the other. If you are also looking for such an option, then multi asset fund can be the best option. In multi-asset investment, investment is made in various asset classes like equity, fixed income and commodities like gold or silver.
One of the oldest and leading offers in the multi asset fund category, ICICI Prudential Multi-Asset Fund’s return is worth seeing. The fund is managed by experienced fund manager S Naren, ED & CIO, ICICI Prudential AMC, who has vast experience in weathering market volatility and growing portfolios across different asset classes at the right time.
More than 21% return every year
ICICI Prudential Multi-Asset Fund has performed well for more than two decades. If someone had invested Rs 1 lakh at the inception of this fund (31 October 2002), then by 30 April 2024, this amount would have grown to Rs 65.4 lakh. This means that the investor has got a return of 21.5% every year. If compared to the benchmark index, an investment of Rs 1 lakh here would have reached only Rs 30 lakh, which is a return of 17.1 percent per annum.
33% return in one year
The fund has given a return of 24.7% CAGR on a long-term as well as three-year basis, which is higher than the benchmark’s 15.5% CAGR. In one year, the fund has given a return of 33.1%, which is much higher than the benchmark’s 26%. In any 5-year and 10-year period, this scheme has never given negative returns.
Great profit in SIP too
It is not that this fund gives good returns only on lump sum investment. Even if you have done SIP, its returns are worth seeing. In the last five years, the monthly SIP of Rs 10,000 in this fund has increased to Rs 10.98 lakh. This means that a strong return of 24.47% has been given annually. The benchmark of similar scheme has given only 16.98% return from SIP.
How does it generate such huge returns
With a total AUM of Rs 39,534.59 crore, this fund is one of the biggest names in its category. The fund invests 53.5% in equity, 28.1% in debt and other asset classes like commodities, REITs and InvITs etc. When it comes to equity allocation, the fund invests the most across market capitalisation. Currently, the fund’s portfolio comprises large-cap oriented stocks with power, agriculture and agri-inputs, retailing, transport, pharma and healthcare being overweight sectors.
New or old, every investor can invest money
This scheme is suitable for investors who are looking for diversified investments in different asset classes. Investors who want to invest in multiple asset classes can consider investing in this scheme with an investment period of 5 years or more. When it comes to the debt part of the portfolio, the bulk of the investment is in sovereign securities, certificates of deposits of top tier banks and corporate bonds of AAA rated securities.
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