| Launch date | 27 Dec 2021 |
| Allotment date | 13 Jan 2022 |
| End date | 10 Jan 2022 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.22%
Inclusive of GST
Exit load
Exit load of 1% if redeemed 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 exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹100 |
Fund management
Sankaran NarenDec 2021 - PresentView details
Manish BanthiaDec 2021 - PresentView details
Ritesh LunawatDec 2021 - PresentView details
Dharmesh KakkadDec 2021 - PresentView details
Nishit PatelDec 2021 - PresentView details
Sharmila D'SilvaMay 2024 - PresentView details
Masoomi JhurmarvalaNov 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #3 in India |
|---|---|
| Total AUM | ₹10,89,372.83Cr |
| Date of Incorporation | 12 Oct 1993 |
|---|
ICICI Prudential Passive Multi Asset 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. Sankaran Naren is the Current Fund Manager of ICICI Prudential Passive Multi Asset FoF Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹10,89,373 Cr and the Latest NAV as of 16 Dec 2025 is ₹16.40. The ICICI Prudential Passive Multi Asset FoF Direct Growth is rated High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹1,000. Exit load of 1% if redeemed within 12 months. ;
Investment Objective
The scheme seeks to generate returns by predominantly investing in passively managed funds launched in India and/or overseas. ;
| Fund benchmark | NA |
|---|
Fund house contact details
Peer Comparison
| Hybrid, Multi Asset Allocation funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Nippon India Multi Asset Allocation Fund Direct Growth | 4 | 16.1% | 21.5% | 8,722.27 |
UTI Multi Asset Allocation Fund Direct Growth | 3 | 9.5% | 20.7% | 6,551.14 |
ICICI Prudential Multi Asset Fund Direct Growth | 5 | 15.3% | 19.9% | 75,067.36 |
SBI Multi Asset Allocation Fund Direct Growth | 4 | 15.8% | 18.5% | 12,011.68 |
HDFC Multi Asset Allocation Fund Direct Growth | 3 | 11.7% | 15.8% | 5,303.17 |