ICICI Prudential Passive Multi-Asset Fund of Funds
ICICI Prudential Mutual Fund · Domestic FoF · Direct plan, growth option
NAV (₹), 23 Oct 2026
16.5054
1-day change
-0.49%
1Y return
2.5%
3Y CAGR
12.9%
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 17 Jan 2022 to 23 Oct 2026
Returns vs Domestic FoF median (156 schemes) and “Multi-asset / allocation FoF” median (28)
| Period | Scheme | Category median | Multi-asset / allocation FoF median |
|---|---|---|---|
| 1 month | -2.8% | -7.0% | -5.4% |
| 3 months | -2.3% | -4.0% | -3.9% |
| 6 months | -1.1% | -5.3% | -2.2% |
| Year to date | 0.2% | -1.7% | -3.2% |
| 1 year | 2.5% | 3.1% | -1.3% |
| 3 years (CAGR) | 12.9% | 12.2% | 11.5% |
| 5 years (CAGR) | n/a | 9.4% | 9.3% |
| 7 years (CAGR) | n/a | 12.9% | 11.8% |
| 10 years (CAGR) | n/a | 11.1% | 10.5% |
| Since first NAV (CAGR) | 11.0% | – | – |
“Multi-asset / allocation FoF” is MFIC's grouping of Domestic FoF schemes by the theme or index in their names, not an AMFI category.
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 13.9% | 9.5% |
| 3Y rolling median | 14.8% | 13.3% |
| 3Y rolling worst | 10.9% | 4.8% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 11.8% |
| 5Y rolling worst | n/a | 3.8% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 7.1% | 14.2% |
| Sharpe ratio | 0.90 | 0.53 |
| Sortino ratio | 1.34 | 0.81 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −7.4% | −19.5% |
| Maximum drawdown, last 10Y | n/a | −24.1% |
| Maximum drawdown, last 5Y | n/a | −14.8% |
| Current drawdown | −4.5% | −12.5% |
| Recovery time of worst fall | 113 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 0.59% a year and the Direct plan's 0.21%, a gap of 0.38%; over the last 3 years the Direct plan returned 0.46 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹10,02,654.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Manish Banthia | Comanage | 27 Dec 2021 |
| Nishit Patel | Comanage | 27 Dec 2021 |
| Ritesh Lunawat | Comanage | 27 Dec 2021 |
| Sharmila D'silva | Comanage | 27 Dec 2021 |
Objective: 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.
Stated asset allocation: • Units of mutual fund schemes asstated below = 95%-100% A) Domestic Equity ETFs/Index Funds = 25% - 65% B) Domestic Debt ETFs/Index Funds = 25% - 65% C) ETFs/Index Funds investing in Overseas securities = 10% - 30% D) Domestic Gold ETFs = 0% - 15% • Reverse Repo, Tri-Party Repo, Units of Debt oriented mutual fund schemes = 0%- 5%
Benchmark (tier 1): CRISIL Hybrid 50+50- Moderate Index (80% weightage) + S&P Global 1200 Index (15% weightage) + Domestic Gold Price (5% weightage)
Exit load: If the amount sought to be redeemed or switched out up to 12 months from allotment: 1.00% of applicable NAV . If the amount sought to be redeemed or switched out more than 12 months from allotment: Nil.
Minimum application: Rs. 1000
Allotment date: 14 Jan 2022
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.21% | 0.17% |
| AUM, whole scheme (₹ crore) | 1,435 | 209 |
| Riskometer | High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 22 Oct 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Month-ends above category median (3Y CAGR) | 14% | 51% median |
| Month-ends in category top quartile (3Y) | 0% | 27% median |
Official benchmark: 80% CRISIL Hybrid 50+50- Moderate Index + 15% S&P Global 1200 Index + 5% Domestic Gold Price (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Domestic FoF Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 0.2% | n/a | – |
| 2025 | 18.7% | n/a | – |
| 2024 | 11.1% | n/a | – |
| 2023 | 17.8% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 23 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,19,657 | -0.5% |
| 3 years | ₹3,60,000 | ₹4,11,721 | 8.6% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
Category: Domestic FoF
Plan / option: Direct · Growth
AMFI scheme code: 149441
ISIN: INF109KC1Y15
First NAV in MFIC data: 17 Jan 2022
History: 4.8 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Quantum Multi Asset Active FOF | Domestic FoF | 0.89 | 9.9% |
| SBI Nifty50 Equal Weight Index Fund | Index Fund | 0.89 | n/a |
| UTI Nifty50 Equal Weight Index Fund | Index Fund | 0.89 | 9.8% |
| Motilal Oswal Asset Allocation Fund of Fund- Conservative | Domestic FoF | 0.89 | 12.2% |
| HDFC Multi-Asset Active FOF | Domestic FoF | 0.88 | 11.9% |
| Mirae Asset Nifty 50 Index Fund | Index Fund | 0.87 | n/a |
Questions about ICICI Prudential Passive Multi-Asset Fund of Funds
- What is the latest NAV of ICICI Prudential Passive Multi-Asset Fund of Funds?
- The NAV of the Direct plan (growth option) was ₹16.5054 on 23 Oct 2026, as published by AMFI.
- Which category is ICICI Prudential Passive Multi-Asset Fund of Funds in?
- It is classified as Domestic FoF in AMFI's daily NAV file. MFIC compares it with 156 Domestic FoF schemes (Direct plans).
- What returns has ICICI Prudential Passive Multi-Asset Fund of Funds delivered?
- Over one year the NAV changed by 2.5%. The 3-year CAGR is 12.9% (category median 12.2%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 14.8%, the lowest was 10.9%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in ICICI Prudential Passive Multi-Asset Fund of Funds's NAV?
- The largest peak-to-trough fall in its available history was 7.4%.
- How volatile is ICICI Prudential Passive Multi-Asset Fund of Funds?
- Its annualised standard deviation of monthly returns over the last 36 months is 7.1%, which is below the Domestic FoF category median of 14.2%.
- What would a monthly SIP in ICICI Prudential Passive Multi-Asset Fund of Funds have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 3 years (36 instalments, ₹3,60,000 invested) would have been worth about ₹4,11,721 on 23 Oct 2026, an annualised return (XIRR) of 8.6%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of ICICI Prudential Passive Multi-Asset Fund of Funds?
- The total expense ratio of the Direct plan is 0.21% a year, as disclosed to AMFI (median of Domestic FoF Direct plans: 0.17%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is ICICI Prudential Passive Multi-Asset Fund of Funds?
- Assets under management of the whole scheme were ₹1,435 crore on 22 Oct 2026, as published by AMFI.
- What is the riskometer level of ICICI Prudential Passive Multi-Asset Fund of Funds?
- AMFI lists the scheme's riskometer as “High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- How often has ICICI Prudential Passive Multi-Asset Fund of Funds beaten its category?
- At 14% of the 21 month-ends compared over the last 10 years, its 3-year return was above the median of Domestic FoF schemes (Direct plans); it was in the top quarter at 0% of them. A typical scheme would show about 50%.
- Who manages ICICI Prudential Passive Multi-Asset Fund of Funds?
- According to its Scheme Summary Document, ICICI Prudential Passive Multi-Asset Fund of Funds is managed by Manish Banthia (since 27 Dec 2021), Nishit Patel (since 27 Dec 2021), Ritesh Lunawat (since 27 Dec 2021), Sharmila D'silva (since 27 Dec 2021).
- What is the exit load of ICICI Prudential Passive Multi-Asset Fund of Funds?
- As stated in its scheme documents: If the amount sought to be redeemed or switched out up to 12 months from allotment: 1.00% of applicable NAV . If the amount sought to be redeemed or switched out more than 12 months from allotment: Nil. Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in ICICI Prudential Passive Multi-Asset Fund of Funds?
- The minimum application amount is Rs. 1000.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 2.5% and the Regular plan's by 2.1%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 23 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.