Investment Tips: Investment in mutual funds and its popularity is increasing continuously. If you are also looking for such a fund, then make ICICI Prudential Asset Allocator Fund a part of your strategy. This fund has multiplied the money by one and a half times in just 1 year.
Investment Tips: If you want to get better returns on investment, then you have to invest your money strategically, if you are able to do this, then there can definitely be strong profit in the long run. There are also such mutual funds in the market that can increase your money manifold. You just have to maintain your investment in it with patience. The biggest thing is that due to compound interest, the investment made in this fund grows rapidly.
If you are also looking for such a fund, then ICICI Prudential Asset Allocator Fund can become a part of your strategy. This fund has made an investment of Rs 1 lakh in the year 2003 into Rs 11.13 lakh at this time. That is, the return has been received at the rate of 12.39 percent compound interest per annum.
Money has multiplied by one and a half times in one year
The performance of this fund has been very strong in the last one year. During this time, the fund has made 10 thousand rupees into 14,819 rupees in one year. At the same time, this amount has become 19,971 rupees in five years. This means that this fund has doubled your investment in 5 years. ICICI Prudential Asset Allocator Fund knows how to leverage the power of equity, debt and gold. This is the reason why its returns have been excellent in the long term.
Three-way returns on one investment
This fund becomes even more attractive due to its tax-handling structure, clear exit load policy and professional management. ICICI Prudential Asset Allocator Fund dynamically changes investments in equity, debt and gold and uses an in-house valuation model to optimize returns. This means that this fund brings returns from three sides by investing your money in stock market, gold and property.
How to get tax benefits
This fund invests 35% to 100% in non-debt options, so that tax can be saved with more profit. Capital gains tax has been changed in Budget 2024. Now 12.5 percent tax will have to be paid directly on long term. To take advantage of this, the investor has to keep his money in this fund for at least 24 months.
You can withdraw money without fees
This fund also offers a clear and transparent exit load structure. If units purchased or switched from another scheme are redeemed or switched within one year from the date of allotment, up to 30% of the units can be withdrawn without any fee. This facility ensures that investors can withdraw a part of their investment without any fee in case of an emergency.
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