ICICI Prudential Dynamic Asset Allocation Passive FoF Direct Growth
| Launch date | 26 Aug 2026 |
| Allotment date | 15 Sep 2026 |
| End date | 09 Sep 2026 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.12%
Inclusive of GST
Exit load
Exit Load for units in excess of 30% of the investment,1% will be charged for redemption within 12 months.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within two years, returns are taxed as per your Income Tax slab. If you redeem after two years, returns are taxed at 12.5%.
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Ritesh LunawatAug 2026 - PresentView details
Manish BanthiaAug 2026 - PresentView details
Nishit PatelAug 2026 - PresentView details
Sharmila D'SilvaAug 2026 - PresentView details
Manan TijoriwalaAug 2026 - PresentView details
Fund house & investment objective
| Rank (total assets) | #3 in India |
|---|---|
| Total AUM | ₹11,69,999.45Cr |
| Date of Incorporation | 12 Oct 1993 |
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ICICI Prudential Dynamic Asset Allocation Passive FoF Direct Growth is a Hybrid Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993. Manish Banthia is the Current Fund Manager of ICICI Prudential Dynamic Asset Allocation Passive FoF Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹11,69,999 Cr and the Latest NAV as of 21 Sep 2026 is ₹10.06. The ICICI Prudential Dynamic Asset Allocation Passive FoF Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹1,000. Exit Load for units in excess of 30% of the investment,1% will be charged for redemption within 12 months. ;
Investment Objective
The Scheme seeks to generate capital appreciation primarily from a portfolio that is invested in units of passive equity oriented and debt oriented schemes. ;
| Fund benchmark | CRISIL Hybrid 50+50 Moderate Index |
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Fund house contact details
Peer Comparison
| Hybrid, Dynamic Asset Allocation funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Aditya Birla Sun Life Balanced Advantage Fund Direct Growth | 4 | 5.6% | 11.8% | 10,125.45 |
HDFC Balanced Advantage Fund Direct Growth | 5 | -0.9% | 11.4% | 1,07,295.79 |
ICICI Prudential Balanced Advantage Direct Growth | 5 | 3.7% | 11.3% | 75,399.17 |
Nippon India Balanced Advantage Fund Direct Growth | 4 | 2.4% | 10.8% | 9,917.50 |
DSP Dynamic Asset Allocation Fund Direct Growth | 4 | 3.7% | 10.7% | 3,821.11 |