Today we will know how this Mutual Fund has made its investors rich.
Shyam Yadav of UP left 20 years ago i.e. on 31 October 2002 by putting 10 lakh rupees in a mutual fund scheme.
Today his Rs 10 lakh became Rs 4.6 crore. Let us know the complete details of the ICICI Prudential Multi-Asset Fund.
Let us inform you that ICICI Prudential Multi-Asset Fund has completed 20 years recently.
ICICI Prudential Multi-Asset Scheme is an open-ended scheme that invests in multiple sectors.
The returns of this scheme have been 12.83 percent CAGR in 5 years and 19.80 percent CAGR in 3 years.
ICICI Prudential Multi-Asset Scheme is managed by Sankaran Naren, Anuj, Gaurav Chikne, and Ihab Dalwai.
Its asset under management is currently Rs 14,227 crore, which is about 68 percent of the total AUM in this category.
Initially, if someone had done a monthly SIP of Rs 10,000, then that amount would have become Rs 1.8 crore at this time.
Shyam has got a compounded return of 21.2 percent in this scheme. The scheme has given returns at a CAGR rate of 17.4%.