ICICI Pru Multi Asset Allocation Fund
The scheme seeks to generate capital appreciation for investors by investing predominantly in equity and equity related instruments and income by investing across other asset classes.
Growthvine rating: 5/5 — ranked #2 of 50 in category.
Fund basics
| Category | Hybrid: Multi Asset |
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| NAV | ₹778.96 (as of 2026-10-01) |
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| AUM | ₹87,833 Cr |
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| Expense ratio | 1.06% |
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| Riskometer | Very High |
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| Fund manager | Akhil Kakkar |
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| Exit load | For units in excess of 30% of the investment, 1% will be charged for redemption within 365 days |
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Performance & risk
| 5-year annualised return | 13.87% |
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| Sharpe ratio | 1.02 |
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| Standard deviation | 8.54% |
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| Max drawdown | −54.43% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 106.8% of NIFTY Multi Asset - Equity : Debt : Arbitrage : REITs/InvITs (50:20:20:10) Index's upside and 77.5% of its downside.
Market cap allocation
| Large cap | 70.6% |
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| Mid cap | 19.3% |
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| Small cap | 10.2% |
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Concentration
| Top 5 holdings | 19.0% |
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| Top 10 holdings | 28.1% |
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| Total holdings | 123 |
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Top holdings
- ICICI Prudential Gold ETF — 10.1%
- TREPS — 6.7%
- HDFC Bank Ltd. — 5.6%
- LIFE INSURANCE CORPORATION OF INDIA — 3.8%
- ICICI Bank Ltd. — 3.8%
- Reliance Industries Ltd — 3.3%
- Bajaj Finserv Limited — 2.6%
- AXIS Bank Ltd. — 2.4%
- InterGlobe Aviation Limited — 1.9%
- Infosys Ltd — 1.7%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | −5.1% | Q4 (Bottom) | #41 of 44 |
| 2025 | 18.6% | Q2 | #11 of 34 |
| 2024 | 16.1% | Q2 | #12 of 23 |
| 2023 | 24.1% | Q2 | #6 of 17 |
| 2022 | 16.8% | Q1 (Top) | #1 of 14 |