DSIJ Mindshare

ICICI Prudential Multi-Asset Fund - A 22-year journey of wealth creation

These schemes focus on a value investing strategy, targeting potentially undervalued stocks with good long-term growth potential.

In conversation with Chintan Haria, Principal - Investment Strategy at ICICI Prudential AMC

In the vibrant world of Asset Management Companies (AMCs), these top 3 AMCs control over 41 per cent of the market share in India.

In terms of SIP, a monthly investment of Rs 10,000 since inception would amount to a total investment of Rs 3.7 lakh. As of January 31, 2024, the value of that investment would have grown to Rs 5.48 lakh, i.e. a CAGR of 26.5 per cent. A similar investment in the benchmark would have yielded a CAGR of 20.8 per cent for the same period.