ICICI Pru Passive Multi Asset FoF
The scheme seeks to generate returns by predominantly investing in passively managed funds launched in India and/or overseas.
Growthvine rating: 3/5 — ranked #16 of 50 in category.
Fund basics
| Category | Hybrid: Multi Asset |
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| NAV | ₹16.28 (as of 2026-10-01) |
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| AUM | ₹1,502 Cr |
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| Expense ratio | 0.49% |
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| Riskometer | High |
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| Fund manager | Manish Banthia |
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| Exit load | 1% for redemption within 365 days |
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Performance & risk
| Sharpe ratio | 1.08 |
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| Standard deviation | 6.80% |
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| Max drawdown | −7.44% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 90.1% of NIFTY Multi Asset - Equity : Debt : Arbitrage : REITs/InvITs (50:20:20:10) Index's upside and 37.4% of its downside.
Market cap allocation
| Large cap | 25.0% |
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| Mid cap | 0.0% |
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| Small cap | 75.0% |
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Concentration
| Top 5 holdings | 27.4% |
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| Top 10 holdings | 43.7% |
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| Total holdings | 28 |
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Top holdings
- ICICI Pru Nifty PSU Bond Plus SDL Sep 2027 40:60 Index Fund-Direct-Growth — 19.7%
- ICICI Prudential Nifty Private Bank ETF — 10.9%
- ICICI Prudential Nifty 10 Year Benchmark G-Sec ETF — 5.9%
- ISHARES MSCI JAPAN ETF — 5.1%
- ICICI Prudential Nifty Infrastructure ETF — 3.9%
- ICICI Prudential Nifty Bank ETF — 3.8%
- ICICI Prudential Nifty Oil & Gas ETF — 3.7%
- ICICI Prudential Nifty IT ETF — 3.6%
- ISHARES MSCI CHINA ETF — 3.5%
- ISHARES LATIN AMERICA 40 ETF — 3.2%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 0.5% | Q2 | #14 of 44 |
| 2025 | 18.2% | Q2 | #14 of 34 |
| 2024 | 10.6% | Q4 (Bottom) | #21 of 23 |
| 2023 | 17.2% | Q4 (Bottom) | #15 of 17 |