ICICI Pru Passive Multi-Asset FoF
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Business Overview
ICICI Pru Passive Multi-Asset FoF is a diversified fund of funds designed for investors seeking a balanced approach to wealth creation. By investing across multiple asset classes such as equity, debt, and gold, it aims to reduce risk while optimizing returns. This fund is ideal for conservative investors looking for stability and growth without the hassle of active management. With a focus on long-term goals, it matters for those wanting a hassle-free investment solution that adapts to market fluctuations.
- Diversified investment across multiple asset classes
- Ideal for conservative investors
- Focuses on long-term wealth creation
- Minimizes risk while optimizing returns
- Hassle-free management for peace of mind
Investment Thesis
ICICI Pru Passive Multi-Asset FoF stands out due to its strong backing from the reputable ICICI Group, ensuring credibility and trust. The fund is well-positioned to benefit from the growing demand for digital services in India. Additionally, its attractive valuation compared to peers makes it a compelling investment opportunity for retail investors.
- Strong promoter group: Backed by the trusted ICICI brand.
- Significant growth potential in digital services sector.
- Attractive valuation relative to competitors enhances appeal.
- Diversified asset allocation reduces risk exposure.
- Consistent performance track record instills investor confidence.
Opportunity vs Risk
- Diversified investment across asset classes
- Potential for steady long-term returns
- Low expense ratio compared to peers
- Access to professional fund management
- Market volatility affecting returns
- Limited historical performance data
- Interest rate fluctuations impact bonds
- Potential liquidity issues in downturns
Peer Perspective
ICICI Pru Passive Multi-Asset FoF trades at a slight premium compared to peers like HDFC and SBI, with rerating potential hinging on consistent margin stability and improved asset allocation performance.
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10BusinessHighThe fund operates in a future-ready sector with a diversified approach.
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10GrowthHighModerate revenue and profit growth consistency observed.
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8ProfitabilityHighROE and ROCE are acceptable, but OCF is lower than net profit.
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6ValuationGoodValuation metrics are slightly above peers.
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7BalanceHighDebt levels are manageable with adequate liquidity.
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5GovernanceGoodPromoter holding is stable, but disclosures could improve.
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5DriversGoodSome growth catalysts identified, but execution risks remain.
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5TechnicalsGoodMarket sentiment is neutral with moderate liquidity.