ICICI Prudential Multi Asset Fund Announces Income Distribution

ICICI Prudential Mutual Fund has declared an income distribution of  ₹0.16 per unit under the IDCW (Income Distribution cum Capital Withdrawal) option for both regular and direct plans of its ICICI Prudential Multi Asset Fund.

The record date for this distribution is March 4, 2025.

Fund Overview

The ICICI Prudential Multi Asset Fund is an open-ended scheme launched on January 1, 2013. It follows a multi-asset investment strategy, allocating funds across equity, debt, commodities, real estate, and cash equivalents. Since its launch, the fund has delivered a return of 16.54%.

As of January 31, 2025, the fund manages ₹52,761 crore in assets. The expense ratio stands at 0.70%, and the fund falls under the high-risk category, based on the riskometer. Fund manager Akhil Kakkar oversees the scheme.

Strategy & Allocation

The scheme aims to generate capital appreciation through equity investments while maintaining income generation by allocating funds across other asset classes. Its current asset allocation is:

• 49.37% in equities
• 14.11% in debt instruments
• 11.07% in commodities
• 1.38% in real estate
• 24.07% in cash and cash equivalents

The benchmark indices for the fund include NIFTY 200 TRI (65%), NIFTY Composite Debt Index (25%), Domestic Price of Gold (6%), MCX I-COMDEX Composite Index (3%), and Domestic Prices of Silver (1%).

Investment Details

• Minimum lump sum investment: ₹5,000
• Minimum additional investment: ₹1,000
• Minimum SIP amount: ₹100
• Minimum withdrawal: ₹1
• Exit load: 1% on redemption of units exceeding 30% of the investment within 365 days

The last income distribution was also ₹0.16 per unit, recorded on February 6, 2025. Investors opting for the IDCW plan will receive the declared payout on or after March 4, 2025.

Conclusion

ICICI Prudential Multi Asset Fund maintains a diversified approach, balancing growth and income. The ₹0.16 per unit payout aligns with its recent distributions. Investors should assess their risk tolerance and objectives before investing.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.