ICICI Prudential Passive Multi-Asset Fund of Funds Direct Growth
HybridFund of FundsHigh Risk
Direct
NAV (17-Jun-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹1,144 Cr
Expense Ratio
0.48%
ISIN
INF109KC1Y15
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
17 Jan 2022
About this fund
As of 17-Jun-25, it has a Net Asset Value (NAV) of ₹15.12, Assets Under Management (AUM) of 1144.27 Crores, and an expense ratio of 0.48%.
- ICICI Prudential Passive Multi-Asset Fund of Funds Direct Growth has given a CAGR return of 12.76% since inception.
- The fund's asset allocation comprises around 63.95% in equities, 26.58% in debts, and 9.45% in cash & cash equivalents.
- You can start investing in ICICI Prudential Passive Multi-Asset Fund of Funds Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+13.66%
— (Cat Avg.)
3 Years
+16.76%
— (Cat Avg.)
Since Inception
+12.76%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹731.81 Cr | 63.95% |
| Debt | ₹304.16 Cr | 26.58% |
| Others | ₹108.3 Cr | 9.46% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Pru Nifty PSU B Pl SDL Dir Gr | Mutual Fund - Open End | ₹202.95 Cr | 17.74% |
| ICICI Pru Nifty Bank ETF | Mutual Fund - ETF | ₹73.61 Cr | 6.43% |
| ICICI Prudential BSE Liquid Rt ETF IDCW | Mutual Fund - ETF | ₹54.76 Cr | 4.79% |
| Treps | Cash - Repurchase Agreement | ₹53.64 Cr | 4.69% |
| iShares MSCI Japan ETF | Mutual Fund - ETF | ₹52.48 Cr | 4.59% |
| ICICI Pru Nifty Private Banks ETF | Mutual Fund - ETF | ₹52.47 Cr | 4.59% |
| ICICI Pru Nifty 5 Yr Bench G-SEC ETF | Mutual Fund - ETF | ₹51.21 Cr | 4.48% |
| ICICI Prudential Nifty 10 yr Bench G-Sec | Mutual Fund - ETF | ₹49.03 Cr | 4.28% |
| iShares MSCI China ETF | Mutual Fund - ETF | ₹47.99 Cr | 4.19% |
| ICICI Pru Nifty IT ETF | Mutual Fund - ETF | ₹47.89 Cr | 4.18% |
| ICICI Prudential Nifty Infra ETF | Mutual Fund - ETF | ₹39.79 Cr | 3.48% |
| iShares Global Consumer Staples ETF | Mutual Fund - ETF | ₹37.17 Cr | 3.25% |
| ICICI Pru Nifty 50 ETF | Mutual Fund - ETF | ₹34.27 Cr | 2.99% |
| iShares MSCI Intl Quality Factor ETF | Mutual Fund - ETF | ₹33.51 Cr | 2.93% |
| iShares Latin America 40 ETF | Mutual Fund - ETF | ₹33.31 Cr | 2.91% |
| ProShares S&P 500 Dividend Aristocrats | Mutual Fund - ETF | ₹33.03 Cr | 2.89% |
| ICICI Pru Nifty Healthcare ETF | Mutual Fund - ETF | ₹31.51 Cr | 2.75% |
| ICICI Pru Nifty FMCG ETF | Mutual Fund - ETF | ₹29.66 Cr | 2.59% |
| BHARAT 22 ETF | Mutual Fund - ETF | ₹28.13 Cr | 2.46% |
| VanEck Gold Miners ETF | Mutual Fund - ETF | ₹26.74 Cr | 2.34% |
| ICICI Prudential Nifty Oil & Gas ETF | Mutual Fund - ETF | ₹26.29 Cr | 2.30% |
| VanEck Agribusiness ETF | Mutual Fund - ETF | ₹21.59 Cr | 1.89% |
| Invesco China Technology ETF | Mutual Fund - ETF | ₹19.41 Cr | 1.70% |
| ICICI Prudential Nifty Commodities ETF | Mutual Fund - ETF | ₹17.9 Cr | 1.56% |
| ICICI Prudential Nifty Metal ETF | Mutual Fund - ETF | ₹12.27 Cr | 1.07% |
| ICICI Pru Nifty SDL Sep26 Dir Gr | Mutual Fund - Open End | ₹10.75 Cr | 0.94% |
| Net Current Assets | Cash | ₹-10.3 Cr | 0.90% |
| iShares Global Healthcare ETF | Mutual Fund - ETF | ₹9.3 Cr | 0.81% |
| CPSE ETF | Mutual Fund - ETF | ₹8.06 Cr | 0.70% |
| iShares Global Energy ETF | Mutual Fund - ETF | ₹5.11 Cr | 0.45% |
| iShares Biotechnology ETF | Mutual Fund - ETF | ₹4.03 Cr | 0.35% |
| iShares Core MSCI Europe ETF | Mutual Fund - ETF | ₹3.93 Cr | 0.34% |
| iShares Cybersecurity and Tech ETF | Mutual Fund - ETF | ₹2.82 Cr | 0.25% |
Allocation By Market Cap (Equity)
Large Cap Stocks
28.79%
Mid Cap Stocks
5.77%
Small Cap Stocks
0.49%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Mutual Fund - ETF | ₹887.23 Cr | 77.54% |
| Mutual Fund - Open End | ₹213.7 Cr | 18.68% |
| Cash - Repurchase Agreement | ₹53.64 Cr | 4.69% |
| Cash | ₹-10.3 Cr | 0.90% |
Risk & Performance Ratios
Standard Deviation
This fund
6.62%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
1.15
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Sankaran Naren
Since January 2022
Manish Banthia
Since January 2022
Ritesh Lunawat
Since January 2022
Dharmesh Kakkad
Since January 2022
Nishit Patel
Since January 2022
Sharmila D’mello
Since April 2022
Masoomi Jhurmarvala
Since November 2024
Additional Scheme Detailsas of 31st May 2025
ISIN | INF109KC1Y15 | Expense Ratio | 0.48% | Exit Load | 1.00% | Fund Size | ₹1,144 Cr | Age | 3 years 5 months | Lumpsum Minimum | ₹1,000 | Fund Status | Open Ended Investment Company | Benchmark | Domestic Price of Gold |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Fund of Funds Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Union Income Plus Arbitrage Active FOF Direct Growth Low to Moderate Risk | - | 0.0% | - | - |
| Union Income Plus Arbitrage Active FOF Regular Growth Low to Moderate Risk | - | 0.0% | - | - |
| Baroda BNP Paribas Multi Asset Active Fund of Funds Regular Growth Moderately High risk | - | 1.0% | ₹126.46 Cr | - |
| Baroda BNP Paribas Multi Asset Active Fund of Funds Regular Growth Moderately High risk | - | 1.0% | ₹126.46 Cr | - |
| Tata Income Plus Arbitrage Active FOF Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹194.92 Cr | - |
| Tata Income Plus Arbitrage Active FOF Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹194.92 Cr | - |
| SBI Income Plus Arbitrage Active FOF Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹1171.08 Cr | - |
| SBI Income Plus Arbitrage Active FOF Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1171.08 Cr | - |
| UTI Income Plus Arbitrage Active Fund of Fund Regular Growth Moderately High risk | 0.5% | 0.0% | ₹123.67 Cr | - |
| UTI Income Plus Arbitrage Active Fund of Fund Direct Growth Moderately High risk | 0.1% | 0.0% | ₹123.67 Cr | - |
About the AMC
Total AUM
₹9,45,300 Cr
Address
3rd Floor, Hallmark Business Plaza, Mumbai, 400 051
Other Funds by ICICI Prudential Mutual Fund
Risk Level
Your principal amount will be at High Risk
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What is the current NAV of ICICI Prudential Passive Multi-Asset Fund of Funds Direct Growth?
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Who manages the ICICI Prudential Passive Multi-Asset Fund of Funds Direct Growth?
- Sankaran Naren
- Manish Banthia
- Ritesh Lunawat
- Dharmesh Kakkad
- Nishit Patel
- Sharmila D’mello
- Masoomi Jhurmarvala
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
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