By Admin 
Icici prudential multicap fund: If you are also thinking of investing for long term in mutual funds and want to make crores of funds, then ICICI Prudential Multicap Fund can be a great option for you. It is the oldest scheme of ICICI Prudential Mutual Fund House, which started in October 1994.
Tremendous profits in both sip or lump sum
Till now this fund has given such a great return to investors that if you had started a monthly SIP of only 10 thousand rupees 30 years ago, then today its value would have been around 9.8 crores. On the other hand, if you had invested a lump sum of 1 lakh rupees in October 1994, then his value would have been about 79 lakh rupees today.
What is the specialty of this fund?
It is a multicap fund i.e. it invests in big, mid and small cap companies, all three. Its aim is to achieve capital growth over time. Although this is not a guarantee, but seeing history, this fund does not disappoint investors again and again.
Its asset size is currently about Rs 15,095 crore and the expense ratio is 1.74 percent, which is less than 1.96 percent of its category. It follows Nifty 500 Multicap 50:25:25 Tri as a benchmark.
How much returns have been given so far?
| Duration | Return (percent) |
|---|---|
| 1 year | 6.87 percent |
| 3 year | 25.38 percent |
| 5 years | 26.78 percent |
| 7 years | 16.02 percent |
| 10 years | 15.10 percent |
| 20 years | 16.24 percent |
| Launch from now (Lump Sam) | 15.28 percent |
| Launch from now (SIP) | 17.71 percent |
(Source: Value Research)
Risk management also ahead
| Risk parameter | What does it show | Value (3 years) |
|---|---|---|
| Alpha | How much better performance than benchmark | 5.37 (extremely good) |
| Beta | Sensitivity to market fluctuations | 0.90 (slight risk from market) |
| Tracking error | Division from benchmark | 3.33 (less – good thing) |
| Sharpe ratio | Return compared to risk | 1.16 (above 1 = good) |
| Standard deviation | Return fluctuations | 13.41 (Moderate Risk) |
(Source: Fund Fact Sheet)
Legendary companies in portfolio
Large companies like ICICI Bank, Reliance Industries, HDFC Bank, Axis Bank, Sun Pharma, Hindustan Unilever, Infosys, L&T, NTPC and SBI are in its portfolio. A total of 31.69 percent has been invested by this fund. Overall, the fund invests in 104 companies, due to which its portfolio is quite diversified.
The dream of crores is no longer far away
If you are also thinking of making SIP or Lump Sama Investment for the next 10 to 20 years, then ICICI Prudential Multicap Fund can become a strong part of your portfolio. It not only gives stable and strong returns, but has also proved to be reliable in risk management.
Disclaimer: (Information provided here is being given only for information. It is necessary to tell here that the investment market is subject to risks. Always consult expert before investing as an investor. Never is advised to invest money from Abplive.com.
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