Celebrating 21 years of multi-asset Fund 🎉

🎉Celebrating 21 years of ICICI Prudential Multi Asset🎉, consistent compounder since 2002, 🎖️

Launched at the NAV of Rs. 10 🐥, it has grown to the NAV of Rs. 545 🍲 (as on 31st Oct.'23).

It means NAV has grown by 18.68% on annual basis year on year.

It has seen:
2008's Sub Prime Crisis GFC, 😨
2018'S slow down, 👇
2020' Covid 🏥
2022' Russia Ukraine 🔫
2023' Middle East War
And all government changes in the last 20 years.

A simple SIP of Rs. 10,000 from 2002 till now, the portfolio value is Rs. 2,15,00,000 ( 2 Crore 15 Lakhs) with the investment of Rs. 25.2 Lakhs ( 25 lakhs). Nearly 9 times of total investment with SIP.

This is the power of SIP, Diversification and Patience.

Now the main thing which matters is, Who all made the money or created the wealth in the last 20 years?

The answer is: very few.

Now it's the time we decide what our next 20 years should look like and what amount of portfolio you want to see in the next 20 years, because the market will create wealth for the disciplined investors. 🤑

Regards,
Kirtan Bhatt
Turtlefolio Wealth
In the pursuit to make you wealthy. 💵