ICICI Pru Multicap mutual fund review: In portfolio reshaping mode
The mutual fund’s performance has suffered amid the transition and with consolidation still underway, it will need time to prove execution capabilities in its new avatar.
Synopsis
Last year, this mutual fund had to quickly realign a fifth of its portfolio to adhere to the revised asset allocation norms for multi-cap funds. Its earlier large-cap heavy stance has been toned down to accommodate 25% exposure to both mid-and small caps.
ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.
HOW THE FUND HAS PERFORMED
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WHERE THE FUND INVESTS
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BASIC FACTS
Date of launch: 10 January 1994
Category: Equity
Type: Multi-cap
AUM (As on 30 Apr 2021): Rs 5,737 crore
Benchmark: NIFTY 500 Multicap 50:25:25 Total Return
