ICICI Prudential Multi Asset Fund: Inactive Scheme Details

If you are exploring investment options, it is important to know about schemes that are no longer active. The ICICI Prudential Multi Asset Allocation Fund Institutional Option I-Growth is one such mutual fund scheme that is currently inactive and not accepting any fresh investments from you.

This fund was launched by ICICI Prudential Mutual Fund on March 27, 2006. Its main goal was to achieve capital appreciation primarily by investing in equity and related instruments, while also generating income from other asset classes. You can see its investment strategy aimed for a broad approach.

Key Financials You Should Know

As of June 18, 2018, the Net Asset Value (NAV) for this particular fund stood at 43.01. This reflected a slight change of -0.11% on that day. Understanding these past figures helps you grasp the fund’s historical performance context.

When it was active, the minimum investment required was Rs. 1,00,00,000.00. For additional investments, you could start with Rs. 10,000.00, and SIP investments began from Rs. 1,000.00. An exit load of 1% was applied if you redeemed units exceeding 30% of your initial investment within 365 days.

Inside the Portfolio

The fund’s portfolio allocation included investments across equity, debt, and cash, showing a diversified strategy. A concentration and valuation analysis was also available for the fund, providing deeper insights into its holdings.

Among its top company holdings were HDFC Bank, ICICI Bank, and Reliance Industries. The financial sector represented the highest exposure within the fund’s investments, indicating a significant focus on this segment.

The Management Team

The fund was managed by experienced professionals. Neeraj Kumar has been associated with the fund since October 2012, bringing his expertise to its management. Ardhendu Bhattacharya also joined the management team in December 2024.

What Information Isn’t Available

You should note that several key data points are not available for this inactive fund. These include fund key highlights, trailing returns, rolling returns, discrete period returns, SIP returns, return comparison, risk ratios, and fund for AMC data. This absence of information might limit your ability to conduct a comprehensive historical analysis.

Knowing that this ICICI Prudential Multi Asset Allocation Fund is no longer accepting new investments is crucial for your financial planning. Always check a scheme’s active status before considering any investment.