This Hybrid Mutual Fund turned 1 Lakh to 31 Lakhs in last 20 years

Hybrid mutual funds invests in equity, debt or commodities depending on the investment objective of the fund. These are considered to have lower risk compared to pure equity funds. Do you know that this hybrid mutual fund generated highest returns that turned 1 lakh to 31 lakhs in the last 20 years. In this article we would talk about ICICI Prudential Multi-Asset Fund, its portfolio, performance and provide our view about such fund.

Also Read: 5 Mutual Fund Schemes with 3-Year Returns between 160% to 215%

How did we filtered this fund?

  • We have considered all hybrid mutual funds including hybrid aggressive, hybrid balanced, hybrid conservation, multi asset allocation, balanced advantage fund etc.,
  • Filtered the single fund that generated highest wealth in the last 20 years.
  • We could get ICICI Prudential Multi-Asset Fund that turned Rs 1 Lakh to Rs 31 Lakhs in the last 20 years.

About ICICI Prudential Multi-Asset Fund

The objective of this scheme is to generate capital appreciation for investors by investing predominantly in equity and equity related instruments and income by investing across other asset classes.

In simple terms, this fund would invest in equity, debt instruments and other instruments.

ICICI Prudential Multi-Asset Fund – Portfolio

This fund currently invests 66% in equity, 12% in debt and 22% in TREPS and other mutual fund units.

Its top 10 equity portfolio consists of ICICI Bank, NTPC, Maruti, HDFC Bank, Reliance Industries, SBI Cards, Infosys, Bharti Airtel, ONGC and ICICI Lombard.

As part of its debt portfolio it is investing in GOI bonds and low risk NCDs and bonds.

As part of other category of investments, it is currently investing in Treasury Bills repurchase (TREPS) and other MF units.

This Hybrid Mutual Fund turned 1 Lakh to 31 Lakhs in last 20 years

ICICI Prudential Multi-Asset Fund – Performance Details

Since we are talking about 20 years mutual fund performance, the details indicated are for regular plans as direct plans came into effect only 11 years back.

Absolute Returns of the fund

  • 1-Year Return: 30.7%
  • 2-Year Return: 46.3%
  • 3-Year Return: 84.7%
  • 5-Year Return: 145.3%
  • 10-Year Return: 362%
  • 20-Year Return: 3,010% (1 Lac would have turned to 31.09 Lacs)

Annualised Returns of the fund

  • 1-Year Return: 30.7%
  • 2-Year Annualised Return: 20.9%
  • 3-Year Annualised Return: 22.6%
  • 5-Year Annualised Return: 19.6%
  • 10-Year Annualised Return: 16.5%

SIP Returns of the fund

  • 1-Year: 32.5%
  • 2-Year: 25.3%
  • 3-Year: 23.1%
  • 5-Year: 23.3%
  • 10-Year: 16.8%

1 Lakh Lumpsum Investment would have turned into

  • 1-Year : 1.3 Lakhs
  • 2-Year : 1.46 Lakhs
  • 3-Year : 1.85 Lakhs
  • 5-Year : 2.45 Lakhs
  • 10-Year : 4.62 Lakhs
  • 20-Year : 31.09 Lakhs

10K SIP Investment would have turned into

  • 1-Year : Invested 1.2 Lakhs and Current value is 1.4 Lakhs
  • 2-Year : Invested 2.4 Lakhs and Current value is 3.07 Lakhs
  • 3-Year : Invested 3.6 Lakhs and Current value is 5.05 Lakhs
  • 5-Year : Invested 6 Lakhs and Current value is 10.77 Lakhs
  • 10-Year : Invested 12 Lakhs and Current value is 17.2 Lakhs
  • 20-Year : Invested 24 Lakhs and Current value is 1.63 Crores

Rolling Returns perspective:

3 Year Rolling Returns:

  • Greather than 20% returns – 49% of the times
  • 15% to 20% returns – 34% of the times
  • 12% to 15% returns – 11% of the times
  • 0% to 12% returns – 6% of the times
  • Negative returns – Zero times

5 Year Rolling Returns:

  • Greather than 20% returns – 1% of the times
  • 15% to 20% returns – 18% of the times
  • 12% to 15% returns – 47.5% of the times
  • 0% to 12% returns – 5.5% of the times
  • Negative returns – 28% of the times

Also Read: 5 Mutual Fund Schemes with 20-Year Returns between 3,370% to 4,700%

What is our view about this fund?

  • This is an hybrid fund that invests 66% in equity, 12% in debt instruments and balance in other instruments. Its equity component is 47.5% in large cap, 6% in midcap and 2% in small cap stocks.
  • Fund’s beta is 0.6. It is a measure of the fund’s sensitivity to the market movement. Beta of less than 1 indicates that the fund would have lower swing compared to the ups and downs of the benchmark. Beta of more than 1 indicates that the fund would have wider swings compared to the benchmark.
  • Alpha is 10.3. It is a measure of extra returns provided by the fund compared to the benchmark. Investors should prefer high alpha funds which can generate higher returns
  • This fund has been a consistent performer that has generated 21.4% annualised returns since inception.
  • Since this fund invests majorly in equity and some portion in debt fund, this is for moderate to high risk category investors. Such funds can be invested for 5+ years tenure.
Suresh KP

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