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Multi asset allocation is a relatively less volatile vehicle compared to aggressive hybrid equity schemes, and it also offers indexation benefits in case the equity allocation is maintained between 35 percent and 65 percent.
India’s largest multi-asset fund, ICICI Prudential Multi-Asset Fund, has successfully completed 20 years. The Scheme has an AUM of Rs. 14,227.24 crs which accounts for nearly 68% of the total AUM in the multi-asset category. Data as of October 31, 2022. A lump sum investment of Rs. 10 lakhs at the time of inception (October 31, 2002), as of October 31, 2022, would be