Investing consists of selecting the right asset mix, timing the market to identify various market opportunities, and access to information about various asset classes & schemes available in the market. An investor is bound by limited exposure to knowledge and unlimited exposure to market sentiments.<\/p>\n\n\n\n
Many investors struggle to select the right asset allocation to their portfolio, and due to a lack of knowledge, they are unable to allocate the suitable asset mix for them. Instead, you tend to stick to the performing asset class as long as markets are favourable. Allocating the right asset allocation mix to your portfolio can assist you in gaining optimal risk-adjusted returns.<\/p>\n\n\n\n
Considering the current market scenario, where equities might get volatile, interest rates may rise, thus making fixed-income investments challenging; a multi-asset approach could be a good option. ICICI Prudential Mutual Fund<\/a> has launched a fund that follows a multi-asset approach with passive investing into international equities.<\/p>\n\n\n\n ICICI Prudential Multi-Asset Fund of Fund<\/strong> is an open-ended fund of funds scheme investing in equity, debt, gold, and global index funds\/exchange-traded funds. On the launch of this fund, Mr Chintan Haria, Head – Product Development & Strategy, ICICI Prudential Mutual Fund, said, “We believe this product is a simple solution for an investor looking for multi-asset allocation through the passive route. Apart from allocation to domestic equities ETFs\/Index, debt ETFs\/Index, and gold ETFs, an investor will also have exposure to ETFs\/Index investing in global companies as well through this product, thus bringing in geographical diversification as well.”<\/em><\/p>\n\n\n\n Table 1: Details of ICICI Prudential Passive Multi-Asset Fund of Funds<\/em><\/strong><\/p>\n\n\n\n