ICICI Pru Asset Allocator Fund of Funds – A peek inside
ICICI Pru Windfall Allocator Fund of funds invests dynamically in a mix of equity, immuration and gold. It is emerging in several shortlists and a top fund as per star ratings. Should you consider investing in this fund?
A large part of the bilateral fund industry has been to bring FD and LIC investors into its fold. Products such as FMP or stock-still maturity plan, tools such as SIP, strategies such as windfall typecasting funds are created to provide a familiar wits to these investors who can then later be graduated to other products.
ICICI Pru Windfall Allocator Fund of funds aims to write a few issues for the investor –
- Provide a largest return wits (not the highest or the lowest, but somewhere in between)
- It is washed-up by using debt and gold withal with probity to tenancy the risk / volatility. It can go from 0 to 100 in probity as well as debt, while the max typecasting to Gold is 50%. (Source – Scheme Information Document)
- The fund invests in several probity and debt schemes offered by ICICI Pru MF itself. It takes the pain of category or scheme selection typecasting for the investor.
Does this make a compelling nomination for a DIY inobtrusive investor?
Let’s squint at the numbers and compare with similar funds from ICICI Pru.
ICICI Pru Windfall Allocator Fund of Funds vs Multi Windfall Fund vs Balance Advantage Fund vs Nifty Alphabetize Fund
ICICI Pru Windfall Allocator Fund of Funds – an windfall typecasting fund that invests dynamically in funds/ETFs of equity, immuration and gold. Decent performance at low risk.
- The one year volatility is scrutinizingly half of the Nifty 50 alphabetize fund.
- Taxation as a debt fund; Long term without 3 years of holding
- Currently (Aug 2022) has a lower typecasting to probity funds – less than 30%.
ICICI Pru Multi Windfall Fund – a hybrid fund that invests in individual securities for equity, debt, gold (min 10% in each)
- The one year volatility is similar to the Nifty 50 alphabetize fund.
- Currently (Aug 2022), has Net probity at 60%.
- Min 10% typecasting to Gold has worked in favour in the last few years.
ICICI Pru Balance Advantage Fund – a hybrid fund that invests in individual securities of probity and debt dynamically based on a valuation model – maintains minimum 65% in Net Equity.
- The one year volatility is scrutinizingly half of the Nifty 50 alphabetize fund.
- Currently (Aug 2022), has Net probity of 36%.
- Taxation as an Probity Fund
For comparison – ICICI Pru Nifty 50 Alphabetize Fund – which mirrors the Nifty 50 index.
The Big Questions
- If you are a inobtrusive DIY investor, which of the whilom funds would you go for?
- As a passive investor, are you largest off with a Nifty 50 Alphabetize Fund for your probity typecasting or do the hybrid funds offer largest comfort?
- As a moderate investor, is the Multi Windfall Fund largest vs the Balance Advantage?
- If you are an warlike investor, would you plane consider any of the above?
Let’s convert this into a learning opportunity. Do share your thoughts and comments and questions.
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