ICICI Prudential Passive Multi-Asset FoF
Multi Asset AllocationVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹16.55+0.15%1 day
- Return since launch
- 11.2%
- 52-week range
- ₹15.49 — ₹16.94
- AUM
- ₹1,498 Cr
ICICI Prudential Passive Multi-Asset FoF is a Multi Asset Allocation hybrid fund from ICICI Prudential Mutual Fund with ₹1,498 Cr under management, launched in 2021. Over three years it has returned 10.1% a year, against 13.3% for its category. The expense ratio is 0.58% and the SEBI riskometer reading is Very High.
Performance
ICICI Prudential Passive Multi-Asset FoF NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +6.7% against +8.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 3.3% | −4.7 pts | 8.0% | 3.6% |
| 2Y | 8.2% | +0.4 pts | 7.8% | 8.3% |
| 3Y | 10.1% | −3.2 pts | 13.3% | 9.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -2.1% | +0.7 pts | -2.8% | -2.5% |
| 3M | 0.6% | −0.2 pts | 0.8% | 1.0% |
| 6M | 5.9% | −0.4 pts | 6.3% | 6.8% |
| 1Y | 6.7% | −1.3 pts | 8.0% | 7.8% |
| 2Y | 8.1% | +1.9 pts | 6.2% | 6.6% |
| 3Y | 12.8% | −0.5 pts | 13.3% | 13.3% |
Since launch (27 Dec 2021): 11.2%
Calendar-year returns
Category average17.2%
10.6%
18.2%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 18.2% | +1.4 pts | 16.8% |
| 2024 | 10.6% | −5.9 pts | 16.4% |
| 2023 | 17.2% | −5.1 pts | 22.3% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.59%
Expense ratio as on 24 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.49%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.09%
- Exit load
- Exit load of 1% if redeemed within 12 months.
- Lock-in
- None
Terms
- Min SIP
- ₹-1
- Min lumpsum
- ₹-1
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NA
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | 0.74 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 1.08 | 1.26 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.22 | 1.61 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 6.80 | 9.42 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
ICICI Prudential Passive Multi-Asset FoF portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity68.8%
- Debt27.1%
- Commodities1.8%
- Other2.3%
Market cap split
- Large75.8%
- Mid21.5%
- Small2.7%
- P/E
- 18.65
- P/B
- 2.53
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Prudential Nifty PSU Bond Plus SDL Sep 2027 40:60 Index Fund Direct - Growth | Unclassified | 19.66% | ₹295 Cr | +22.26% | +16.52% | +20.52% |
| ICICI Prudential Nifty Private Bank ETF - Growth | Unclassified | 10.85% | ₹163 Cr | +10.12% | +7.33% | +5.97% |
| ICICI Prudential Nifty 10 yr Benchmark G-Sec ETF - Growth | Unclassified | 5.91% | ₹88.53 Cr | +5.73% | +14.82% | +4.39% |
| iShares MSCI Japan ETF | Unclassified | 5.06% | ₹75.84 Cr | +4.91% | +4.41% | +4.80% |
| ICICI Prudential Nifty Infrastructure ETF- Growth | Unclassified | 3.93% | ₹58.93 Cr | +3.39% | +3.29% | +3.32% |
| ICICI Prudential Nifty Bank ETF - Growth | Unclassified | 3.84% | ₹57.48 Cr | +4.09% | +5.09% | +6.03% |
| ICICI Prudential Nifty Oil & Gas ETF-Growth | Unclassified | 3.69% | ₹55.29 Cr | +4.13% | +3.43% | +4.03% |
| ICICI Prudential Nifty IT ETF - Growth | Unclassified | 3.64% | ₹54.58 Cr | +4.96% | +4.42% | +4.80% |
| iShares MSCI China ETF | Unclassified | 3.48% | ₹52.12 Cr | +3.50% | +3.39% | +4.82% |
| iShares Latin America 40 ETF | Unclassified | 3.16% | ₹47.34 Cr | +3.17% | +2.99% | +3.09% |
| ICICI Prudential Nifty FMCG ETF - Growth | Unclassified | 3.05% | ₹45.76 Cr | +3.21% | +3.17% | +3.05% |
| iShares MSCI Intl Quality Factor ETF | Unclassified | 3.00% | ₹44.94 Cr | +2.88% | +2.62% | +2.92% |
| Groww BSE Power ETF-Growth | Unclassified | 2.94% | ₹44.08 Cr | +1.72% | +1.76% | — |
| ICICI Prudential Nifty Metal ETF-Growth | Unclassified | 2.90% | ₹43.50 Cr | +1.64% | +1.42% | +1.04% |
| ICICI Prudential Nifty Auto ETF - Growth | Unclassified | 2.86% | ₹42.81 Cr | +2.50% | +2.54% | +2.90% |
| Proshares S&P 500 Dividend | Unclassified | 2.84% | ₹42.55 Cr | +2.63% | +2.54% | +2.98% |
| iShares Global Consumer Staple ETF | Unclassified | 2.82% | ₹42.20 Cr | +2.78% | +2.73% | +3.14% |
| Vaneck Agribusiness ETF | Others | 1.91% | ₹28.63 Cr | +1.77% | +1.72% | +1.94% |
| Vaneck Gold Miners ETF | Others | 1.82% | ₹27.33 Cr | +1.66% | +1.94% | +1.99% |
| Invesco China Technology ETF | Unclassified | 1.75% | ₹26.24 Cr | +1.88% | +1.68% | +2.22% |
| ICICI Prudential Nifty SDL Sep 2026 Index Fund Direct - Growth | Unclassified | 1.65% | ₹24.76 Cr | +1.63% | +1.53% | +2.61% |
| ICICI Prudential Nifty Healthcare ETF - Growth | Unclassified | 1.40% | ₹21.02 Cr | +1.29% | +1.19% | +1.75% |
| Others | Others | 1.40% | ₹20.99 Cr | -0.42% | -0.16% | +0.84% |
| company:20784 | Unclassified | 0.92% | ₹13.83 Cr | — | — | — |
| Motilal Oswal Nifty Realty ETF - Growth | Unclassified | 0.91% | ₹13.56 Cr | +1.51% | +2.16% | +0.23% |
| ICICI Prudential Nifty 50 ETF | Unclassified | 0.88% | ₹13.12 Cr | +1.15% | +0.90% | — |
| iShares Global Healthcare ETF | Unclassified | 0.84% | ₹12.63 Cr | +0.76% | +0.74% | +0.82% |
| ICICI Prudential Nifty 5 yr Benchmark G-SEC ETF - Growth | Unclassified | 0.75% | ₹11.25 Cr | +0.73% | +0.70% | +0.93% |
| iShares Global Energy ETF | Unclassified | 0.58% | ₹8.74 Cr | +0.53% | +0.47% | +0.49% |
| Nippon India Nifty Pharma ETF - Growth | Unclassified | 0.51% | ₹7.66 Cr | — | — | — |
| CPSE ETF-Growth | Unclassified | 0.46% | ₹6.94 Cr | — | — | — |
| ICICI Prudential Nifty India Consumption ETF - Growth | Unclassified | 0.32% | ₹4.78 Cr | +0.59% | +0.57% | — |
| Kotak Nifty Chemicals ETF-Growth | Unclassified | 0.25% | ₹3.76 Cr | — | — | — |
| iShares MSCI Russia ETF | Unclassified | 0.00% | ₹0.00 Cr | 0.00% | 0.00% | 0.00% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:20784 | 0.00% | 0.92% | +0.92% |
| Others | 0.21% | -0.29% | -0.50% |
| iShares Biotechnology ETF | 0.46% | 0.00% | -0.46% |
| Vaneck Gold Miners ETF | 1.37% | 1.82% | +0.46% |
| ICICI Prudential Nifty Oil & Gas ETF-Growth | 4.13% | 3.69% | -0.44% |
| ICICI Prudential Nifty Auto ETF - Growth | 3.12% | 2.86% | -0.26% |
| Nippon India Nifty Pharma ETF - Growth | 0.25% | 0.51% | +0.26% |
| Motilal Oswal Nifty India Tourism ETF-Growth | 0.23% | 0.00% | -0.23% |
| iShares MSCI Japan ETF | 4.86% | 5.06% | +0.20% |
| Groww BSE Power ETF-Growth | 2.76% | 2.94% | +0.19% |
| ICICI Prudential Nifty FMCG ETF - Growth | 3.21% | 3.05% | -0.15% |
| ICICI Prudential Nifty Private Bank ETF - Growth | 10.71% | 10.85% | +0.14% |
| ICICI Prudential Nifty PSU Bond Plus SDL Sep 2027 40:60 Index Fund Direct - Growth | 19.53% | 19.66% | +0.14% |
| ICICI Prudential Nifty Metal ETF-Growth | 2.78% | 2.90% | +0.13% |
| ICICI Prudential Nifty 10 yr Benchmark G-Sec ETF - Growth | 5.81% | 5.91% | +0.10% |
| Vaneck Agribusiness ETF | 1.82% | 1.91% | +0.09% |
| iShares MSCI Intl Quality Factor ETF | 2.91% | 3.00% | +0.09% |
| ICICI Prudential Nifty Infrastructure ETF- Growth | 4.01% | 3.93% | -0.08% |
| iShares MSCI China ETF | 3.54% | 3.48% | -0.06% |
| Proshares S&P 500 Dividend | 2.79% | 2.84% | +0.05% |
| Invesco China Technology ETF | 1.79% | 1.75% | -0.04% |
| iShares Global Healthcare ETF | 0.81% | 0.84% | +0.03% |
| iShares Latin America 40 ETF | 3.19% | 3.16% | -0.03% |
| iShares Global Energy ETF | 0.56% | 0.58% | +0.03% |
| ICICI Prudential Nifty Bank ETF - Growth | 3.81% | 3.84% | +0.02% |
| iShares Global Consumer Staple ETF | 2.84% | 2.82% | -0.02% |
| ICICI Prudential Nifty IT ETF - Growth | 3.62% | 3.64% | +0.02% |
| ICICI Prudential Nifty SDL Sep 2026 Index Fund Direct - Growth | 1.64% | 1.65% | +0.01% |
| CPSE ETF-Growth | 0.47% | 0.46% | -0.01% |
| ICICI Prudential Nifty India Consumption ETF - Growth | 0.33% | 0.32% | -0.01% |
| ICICI Prudential Nifty 50 ETF | 0.88% | 0.88% | -0.01% |
| ICICI Prudential Nifty 5 yr Benchmark G-SEC ETF - Growth | 0.75% | 0.75% | 0.00% |
| ICICI Prudential Nifty Healthcare ETF - Growth | 1.41% | 1.40% | 0.00% |
| Motilal Oswal Nifty Realty ETF - Growth | 0.91% | 0.91% | 0.00% |
| Kotak Nifty Chemicals ETF-Growth | 0.25% | 0.25% | 0.00% |
| iShares MSCI Russia ETF | 0.00% | 0.00% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹7,364 Cr | 1.57% | 6.5% | 12.7% | 15.4% |
 Nippon India Multi Asset Allocation Fund | ₹17,984 Cr | 1.44% | 5.9% | 13.3% | 15.5% |
 WhiteOak Capital Multi Asset Allocation Fund | ₹8,778 Cr | 1.67% | 7.9% | 13.1% | — |
 Quant Multi Asset Allocation Fund | ₹6,528 Cr | 2.32% | 7.5% | 14.1% | 17.5% |
| Nippon India Multi - Asset Omni FoF | ₹3,056 Cr | 1.08% | 4.9% | 11.0% | 14.7% |
 Aditya Birla Sun Life Multi-Asset Omni FoF | ₹478 Cr | 1.33% | 6.6% | 11.8% | 13.9% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate returns by predominantly investing in passively managed funds launched in India and/or overseas.
Fund managers
- Manish BanthiaMr. Banthia is B.Com, CA and MBAHe is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC - Fixed Income Investments - Aug 2007 to Oct 2009, ICICI Prudential AMC - New Product Development - Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. - From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. - From May 2004 to May 2005.
- Nishit PatelMr. Patel is a B.Com & Chartered AccountantPrior to joining ICICI Prudential Mutual fund, he has worked with K.K.Dand & Co.
- Ritesh LunawatMr. Lunawat is B.Com and Chartered Accountant.He has been Working with ICICI Prudential AMC Since September 2013.
- Sharmila D'SilvaMs. D'Silva is CA and BAFShe joined ICICI Prudential AMC Limited in September 2016.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months5.94% absolute | ₹60,000 | ₹63,564 | 5.94% | |
| 1 year6.68% annualised | ₹1,20,000 | ₹1,24,432 | 3.69% | |
| 3 years12.80% annualised | ₹3,60,000 | ₹4,40,742 | 22.43% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of ICICI Prudential Passive Multi-Asset FoF?
The NAV of ICICI Prudential Passive Multi-Asset FoF is ₹16.55 as on 25 Sep 2026.
What is the expense ratio of ICICI Prudential Passive Multi-Asset FoF?
The expense ratio of ICICI Prudential Passive Multi-Asset FoF is 0.58% per year.
What is the minimum SIP amount for ICICI Prudential Passive Multi-Asset FoF?
You can start a SIP in ICICI Prudential Passive Multi-Asset FoF with ₹-1 a month.
Is there a lock-in or exit load on ICICI Prudential Passive Multi-Asset FoF?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 12 months..
How risky is ICICI Prudential Passive Multi-Asset FoF?
ICICI Prudential Passive Multi-Asset FoF is rated Very High on the SEBI riskometer and belongs to the Multi Asset Allocation category.
Which fund house manages ICICI Prudential Passive Multi-Asset FoF?
ICICI Prudential Passive Multi-Asset FoF is managed by ICICI Prudential Mutual Fund, which runs 109 schemes with ₹11,76,218 Cr under management.