ICICI Prudential Asset Allocator Fund is a scheme that aims to ALLOCATE to the Right ASSETS at the Right TIME.
ICICI Prudential Asset Allocator Fund (FoF) is an open ended fund of funds scheme investing in equity oriented schemes,
debt oriented schemes and gold ETFs/ schemes.
An open ended fund of funds scheme investing in equity oriented schemes,
debt oriented schemes and gold ETF/schemes.
This Scheme aims to capture the optimum allocation of Debt & Equity based on
the attractiveness of one asset class over the other.
Investment Approach:
Allocation between asset classes:
Active Asset Allocation
index
Diversification between asset classes
Periodic review and re-balancing*
Aim to generate better risk adjusted returns instruments
Debt taxation with indexation benefits
Long term wealth creation
*Rebalancing will be as per the Scheme Information Document. For more details on tax please consult with your tax advisor.
Minimum | The minimum application amount for the Scheme is Rs.5,000 (and application amount in multiples of Re. 1) |
Entry/ Exit Load | Entry Load – Not applicable |
Exit Load | If units purchased or switched in from another scheme of the Fund are redeemed or switched out upto 10% of the units purchased or switched within 1 year from the date of allotment – Nil If units purchased or switched in from another scheme of the Fund are redeemed or switched out More than 10% of units within 1 Year from the date of allotment - 1% of the applicable NAV If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 1 Year from the date of allotment – Nil |
Benchmark | CRISIL Hybrid 50 + 50 – Moderate Index |
Fund Manager | S. Naren, Dharmesh Kakkad (Equity Portion) & Manish Banthia (Debt Portion) |
SIP/STP/SWP | Available |
For details of other schemes managed by the same fund managers, click here.
You can now read more about our ICICI Prudential Asset Allocator Fund – Presentation