ICICI Prudential Asset Allocator Fund (FOF) - Growth

ICICI Prudential Asset Allocator Fund (FOF) - Growth is a scheme launched by ICICI Mutual Fund on December 18, 2003, and falls under the Domestic Hybrid FoF fund category. It currently manages an AUM of Rs 27,257.74 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 5000. It charges an expense ratio of 1.26% for managing the portfolio.

• Investing Strategy:

  The primary objective of the Scheme is to generate capital appreciation primarily from a portfolio of equity, debt, and gold schemes accessed through the diversified investment styles of underlying schemes. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

• Performance:

  ICICI Prudential Asset Allocator Fund (FOF) - Growth trailing returns over different times are 7.46% (1 year), 14.44% (3 year) and 15.26% (5 year). The average annual return of this fund stands at 8.18%.