ICICI Prudential Passive Multi-Asset Fund of Funds NFO

The ICICI Prudential Passive Multi-Asset Fund of Funds has been introduced by ICICI Prudential Mutual Fund. The product, according to ICICI Prudential Mutual Fund, attempts to generate returns that roughly equate to the total return of the benchmark CRISIL Hybrid 50+50- Moderate Index (80% weightage) + S&P Global 1200 Index (15%) + Domestic Gold Price (5%) subject to tracking mistakes. The NFO will be open from December 27, 2021, until January 10, 2022. - A fund of funds that invests in equities, debt, gold, and global index funds/exchange traded funds. - The product is designed to be a straightforward investing solution that combines a variety of asset classes. - Asset allocation: domestic equity ETFs/Index Funds (25 percent -65%), domestic debt ETFs/Index Funds (25 percent -65%), gold ETFs (0 percent -15%), and international ETFs and Index Funds (10 percent -30 percent ) - The Scheme can invest in any ETFs/Index Funds that any other mutual fund in India has established.

ICICI Prudential Passive Multi-Asset Fund of Funds NFO