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6 best multi-asset allocation funds to invest in 2024

Multi-asset allocation mutual funds are a suitable choice for risk-averse investors seeking a blend of stability and moderate return potential. ....

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Retirement planning: How to earn monthly income of Rs 1.5 lakh

Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away. ....

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Mutual funds: Best performing hybrid funds of 2023

Hybrid funds refer to the mutual fund schemes which invest their assets into a mix of both equity and debt ....

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An SIP of ₹10,000 in this mutual fund would have grown to ₹2.1 crore in 21 years

ICICI Prudential Multi Asset Fund has delivered a 17.5 percent return on SIPs in the past 21 years. If someone were investing regularly at the rate of ₹10,000 every month, the investment would have grown to ₹2.1 crore by investing only ₹25.2 lakh ....

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ICICI Prudential Multi Asset Fund Successfully Completes 20 Years

India’s largest multi-asset fund, ICICI Prudential Multi-Asset Fund, has successfully completed 20 years. The Scheme has an AUM of Rs. 14,227.24 crs which accounts for nearly 68% of the total AUM in the multi-asset category. Data as of October 31, 2022. A lump sum investment of Rs. 10 lakhs at the time of inception (October 31, 2002), as of October 31, 2022, would be ....

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