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ICICI Prudential Mutual Fund

ICICI Prudential Passive Multi-Asset Fund of Funds

ICICI Prudential Mutual Fund · Direct plan · Growth

3-year returns
12.8%
a year
NAV
₹16.98
▲ 0.02% · 18 Sept 2026
Fund size
₹1,498 Cr
Expense ratio
0.42%
a year

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹16.64 and has returned 12.34% a year over 3 years.

Returns, and where it stands

Against the average fund of funds (domestic), and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year6.7%20%behind50 of 112
3 years12.8%20.1%behind36 of 72
Every period, and the Regular plan →
PeriodDirectRegular
1 month-0.9%-1%
3 months0.8%0.7%
6 months4.9%4.7%
1 year6.7%6.3%
2 yearsp.a.10.2%9.7%
3 yearsp.a.12.8%12.3%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Jan 2022.

Plan

NAV history

▲ 6.73% in the last 1Y

15.816.517.318 Sept 202520 Mar 202618 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years
Total invested
₹1,80,000
Gain
₹32,270
XIRR (per year)
11.04%
Value today
₹2,12,270

36 monthly instalments from 22 Sept 2023, valued at the latest NAV. Past returns do not guarantee future returns.

What this fund holds

As on 31 July 2026

  • Other funds97.5%
  • Cash2.46%

Top holdings

The ten largest holdings and their share of the fund
ICICI Pru Nifty PSU Bond Plus SDL Sep 2027 40:60 Index Fund-Direct-GrowthCapital Markets19.5%
ICICI Prudential Nifty Private Bank ETFCapital Markets10.7%
ICICI Prudential Nifty 10 Year Benchmark G-Sec ETFCapital Markets5.81%
ISHARES MSCI JAPAN ETFFinancial Services4.86%
ICICI Prudential Nifty Oil & Gas ETFCapital Markets4.13%
ICICI Prudential Nifty Infrastructure ETFCapital Markets4.01%
ICICI Prudential Nifty Bank ETFCapital Markets3.81%
ICICI Prudential Nifty IT ETFCapital Markets3.62%
ISHARES MSCI CHINA ETFFinancial Services3.54%
ICICI Prudential Nifty FMCG ETFCapital Markets3.21%

and 23 more holdings.

From the monthly portfolio ICICI Prudential Mutual Fund publishes for this scheme, as required by SEBI. Cash covers bank balances, treasury bills lent overnight and money due to the scheme, which carry no ISIN and so are shown as the remainder.Original disclosure

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
6.6% a year
11.4% less than the category average — the steadier side
Worst fall so far
−7.4%
Feb 2026 to Mar 2026.
Years that made money
100%
Of every one-year stretch it has been through.
Over any three years
10.9% to 17.2%
A year, at worst and at best. Typically 14.7%.

Fund details

Minimum top-up
₹1,000
Lock-in
None
Plan started
17 Jan 2022
Expense ratio
0.42%
as of 31 Jul 2026

Managed by Manish Banthia, Ritesh Lunawat, Nishit Patel, Sharmila D'Silva

Direct plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

ICICI Prudential Passive Multi-Asset Fund of Funds against other funds in the Fund of Funds (Domestic) category
Fund1Y3Y5YExpenseFund size
Mirae Asset NYSE FANG + ETF Fund of Fund47.06%56.83%35.52%0.58%₹2,707 Cr
Mirae Asset S&P 500 Top 50 ETF Fund of Fund83.92%55.54%0.56%₹847 Cr
Kotak Silver ETF Fund of Fund82.92%46.35%0.63%₹1,004 Cr
UTI Silver ETF Fund of Fund80.47%46.29%0.13%₹655 Cr
Axis Silver Fund of Fund80.98%46.28%0.09%₹1,281 Cr
ICICI Prudential Silver ETF FOF80.56%46.15%0.54%₹6,514 Cr
ICICI Prudential Passive Multi-Asset Fund of Funds6.73%12.8%0.42%₹1,498 Cr

About ICICI Prudential Passive Multi-Asset Fund of Funds

ICICI Prudential Passive Multi-Asset Fund of Funds is a fund of funds (domestic) managed by ICICI Prudential Mutual Fund. Fund of funds that invest in other Indian mutual funds or ETFs, such as gold or silver ETFs.

ICICI Prudential Passive Multi-Asset Fund of Funds is a Fund of Funds scheme with the primary objective to generate returns by predominantly investing in passively managed funds launched in India and/or overseas. 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 what the scheme holds — equity, debt, gold or units of other funds each follow different rules. 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
PlanOptionNAVScheme code
DirectGrowth₹16.9784149441
DirectIDCW₹16.9894149442
RegularGrowth₹16.6402149439
RegularIDCW₹16.6403149440

Frequently asked questions

What is the NAV of ICICI Prudential Passive Multi-Asset Fund of Funds today?

The NAV of ICICI Prudential Passive Multi-Asset Fund of Funds (Direct plan, Growth) is ₹16.9784 and the Regular plan NAV is ₹16.6402, as of 18 Sept 2026.

What returns has ICICI Prudential Passive Multi-Asset Fund of Funds given?

Over the last year the Direct plan returned 6.73%, and 12.8% a year over 3 years. That places it 36 of 72 funds in its category over 3 years. Past returns do not guarantee future returns.

What is the expense ratio of ICICI Prudential Passive Multi-Asset Fund of Funds?

The Direct plan charges 0.42% 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.

How much has ICICI Prudential Passive Multi-Asset Fund of Funds fallen in the past?

Its deepest fall was 7.4% from 11 Feb 2026 to 30 Mar 2026. Of every one-year stretch in its history, 100% ended in a gain.

What does ICICI Prudential Passive Multi-Asset Fund of Funds invest in?

As on 31 Jul 2026 it held 33 positions, the largest being ICICI Pru Nifty PSU Bond Plus SDL Sep 2027 40:60 Index Fund-Direct-Growth (19.5%), ICICI Prudential Nifty Private Bank ETF (10.7%), ICICI Prudential Nifty 10 Year Benchmark G-Sec ETF (5.8%). Portfolios change every month.

Which category does ICICI Prudential Passive Multi-Asset Fund of Funds belong to?

It is a Fund of Funds (Domestic) from ICICI Prudential Mutual Fund. Fund of funds that invest in other Indian mutual funds or ETFs, such as gold or silver ETFs.

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 Passive Multi-Asset Fund of Funds taxed?

How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. 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.