About ICICI Prudential Multi Asset Allocation Fund
ICICI Prudential Multi Asset Allocation Fund is a multi asset allocation fund managed by ICICI Prudential Mutual Fund. Invest at least 10% each in three or more asset classes, such as equity, debt and gold or silver.
To generate capital appreciation for investors by investing predominantly in equity and equity related instruments and income by investing across other asset classes. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
The scheme's stated objective, as published by ICICI Prudential Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
How gains are taxed depends on how much equity the scheme holds. At 65% equity or more it follows equity rules — 12.5% on long-term gains above ₹1.25 lakh; below that, gains are usually taxed at your slab rate. The scheme document states which applies.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth | ₹891.3726 | 120334 |
| Direct | IDCW | ₹58.8029 | 120335 |
| Regular | Growth | ₹803.8814 | 101144 |
| Regular | IDCW | ₹34.055 | 101143 |
Frequently asked questions
What is the NAV of ICICI Prudential Multi Asset Allocation Fund today?
The NAV of ICICI Prudential Multi Asset Allocation Fund (Direct plan, Growth) is ₹891.3726 and the Regular plan NAV is ₹803.8814, as of 18 Sept 2026.
What returns has ICICI Prudential Multi Asset Allocation Fund given?
Over the last year the Direct plan returned 3.54%, and 14.04% a year over 3 years and 15.89% a year over 5 years. That places it 8 of 13 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of ICICI Prudential Multi Asset Allocation Fund?
The Direct plan charges 0.82% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in ICICI Prudential Multi Asset Allocation Fund?
You can start a monthly SIP with ₹100, or invest a lump sum of ₹500 or more.
How much has ICICI Prudential Multi Asset Allocation Fund fallen in the past?
Its deepest fall was 30.6% from 17 Jan 2020 to 23 Mar 2020. Of every one-year stretch in its history, 91% ended in a gain.
Which category does ICICI Prudential Multi Asset Allocation Fund belong to?
It is a Multi Asset Allocation Fund from ICICI Prudential Mutual Fund. Invest at least 10% each in three or more asset classes, such as equity, debt and gold or silver.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from ICICI Prudential Multi Asset Allocation Fund taxed?
How gains are taxed depends on how much equity the scheme holds. At 65% equity or more it follows equity rules — 12.5% on long-term gains above ₹1.25 lakh; below that, gains are usually taxed at your slab rate. The scheme document states which applies.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.