ICICI Prudential Multi Asset Fund

Q: What are the returns of this mutual fund scheme?

The ICICI Prudential Multi Asset Fund is a 23 yrs 3 m old fund and has delivered average annual returns of 20.76% since inception. ICICI Prudential Multi Asset Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 13.88% 18.83% 20.12% 16.92% 20.76%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹805.7517-1.59% 1 day change	20.76% p.a.	App exclusive #NA View Ranked Funds	₹78,179 Cr

Historical NAV & returns

NAV: ₹805.7517 as on Feb 02, 2026

This fund Category average

ICICI Prudential Multi Asset Fund overview

AUM (Fund size)	₹78,179 Cr
Exit load	1.0% Exit Load for units in excess of 30% of the investment,1% will be charged for redemption within 365 days.!
Lock-in Period	Nil
Age	23 yrs 3 m since Oct 07, 2002
Benchmark	NA
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	1.32% as on Jan 30, 2026
Plan type	Regular
Risk	Very High

ICICI Prudential Multi Asset Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-2.24%	-1.28%
3 Months	0.82%	1.97%
6 Months	7.19%	7.46%
1 Year	13.88%	15.15%
2 Years	14.87%	13.29%
3 Years	18.83%	15.9%
4 Years	16.9%	12.77%
5 Years	20.12%	13.29%
7 Years	18.24%	12.96%
10 Years	16.92%	11.88%

Asset allocationas on Dec 31, 2025

Large Cap 44.08%

Mid Cap 12.4%

Small Cap 7.03%

Other Cap 0%

Top holdings

ICICI Bank Ltd.4.0%

Reliance Industries Ltd.3.08%

HDFC Bank Ltd.2.94%

Axis Bank Ltd.2.87%

Top sectors

Financial 17.98%

Automobile 7.71%

Energy 6.95%

Technology 5.85%

Cash 8.01090603%

SOV 7.03257443%

Cash & Call Money 3.65165566%

A1+ 2.26318273%

Top Debt Holdings

Reserve Bank of India 2.86%

GOI 0.57%

Muthoot Finance Ltd. 0.56%

India Universal Trust AL1 0.55%

Allocation by Instruments

Cash Margin 9.73770993%

Mutual Fund 8.02943484%

Repo 3.56812154%

Reverse Repo 3.15706354%

Other Holdings

ICICI Prudential Gold Exchange Traded Fund 7.16%

Embassy Office Parks REIT 0.57%

Others 0.56%

ICICI Prudential Liquid Fund Direct Plan-Growth 0.52%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
ICICI Prudential Multi Asset Fund	-2.24%	7.19%	13.88%	18.83%	20.12%	16.92%
Kotak Multi Asset Omni FoF	-2.32%	8.57%	15.67%	18.57%	17.86%	15.67%
ICICI Prudential Dynamic Asset Allocation Active FoF	-2.12%	1.91%	8.8%	13.07%	12.16%	12.75%
Nippon India Multi Asset Allocation Fund	-0.67%	10.8%	21.44%	20.35%	16.22%	9.24%
SBI Multi Asset Allocation Fund	-0.54%	10.45%	18.95%	18.98%	14.67%	11.85%

Fund name	Std. deviation	Beta	Sharpe	Sortino
ICICI Prudential Multi Asset Fund	6.64	0.7	1.82	2.76
Kotak Multi Asset Omni FoF	7.92	0.88	1.66	2.01
ICICI Prudential Dynamic Asset Allocation Active FoF	5.32	0.54	1.25	1.78
Nippon India Multi Asset Allocation Fund	7.41	0.81	1.91	2.71
SBI Multi Asset Allocation Fund	6.48	0.69	1.9	3.06

Fund name	ETM Rank	AUM	Fund age	Expense ratio
ICICI Prudential Multi Asset Fund	N.A.	78,179 Cr	23 yrs 3 m	1.32%
Kotak Multi Asset Omni FoF	N.A.	2,255 Cr	21 yrs 7 m	1.07%
ICICI Prudential Dynamic Asset Allocation Active FoF	N.A.	29,170 Cr	22 yrs 2 m	1.3%
Nippon India Multi Asset Allocation Fund	N.A.	10,661 Cr	5 yrs 5 m	1.36%
SBI Multi Asset Allocation Fund	N.A.	13,033 Cr	20 yrs 2 m	1.38%

View all Multi Asset Allocation funds

Key risk & return ratios Compared to other funds in the category

Alpha	5.45 vs. 3.26 Higher outperformance against benchmark
Sharpe	1.82 vs. 3.36 Poor risk-adjusted returns
Beta	0.7 vs. 0.66 More sensitive to market's ups & downs
Standard deviation	6.64 vs. 3.42 More volatile performance

Compare ICICI Prudential Multi Asset Fund in detail with

About this fund

About ICICI Prudential Multi Asset Fund

ICICI Prudential Multi Asset Fund is a Multi Asset Allocation mutual fund scheme from Icici Prudential Mutual Fund. This fund has been in existence for 23 yrs 3 m, having been launched on 07/10/2002. ICICI Prudential Multi Asset Fund has ₹78,179 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of ICICI Prudential Multi Asset Fund as of 02/02/2026 is ₹805.75. The fund has an expense ratio of 1.32%, which is higher than what most other Multi Asset Allocation funds charge. Currently, the fund has a 63.52% allocation to equity and 11.84% to Debt.

ICICI Prudential Multi Asset Fund returns of last 1-year are 14.11%. Since launch, it has delivered 20.75% average annual returns. The fund has doubled the money invested in it every 5 yrs.
ICICI Prudential Multi Asset Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
The fund's equity portion is primarily invested in Financial, Unclassified, Automobile, Energy, Services sectors. It has taken less exposure in Financial, Unclassified sectors compared to other funds in the category.
The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.
The fund's top 5 holdings are in ICICI Prudential Gold Exchange Traded Fund, ICICI Bank Ltd., Reliance Industries Ltd., HDFC Bank Ltd., Axis Bank Ltd..

...

Fund AUM	78,179 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Ihab Dalwai

Mr. Dalwai is a Chartered Accountant. He is associated with ICICI Prudential AMC since April 2011.

Sri Sharma

Ms. Sharma has done B.Com, CA and CFA ( Level 2 cleared) Prior to joining ICICI Prudential Mutual Fund, she has worked with PwC

Gaurav Chikane

Mr. Chikane is a B.E. (IT) and MBA (Finance) Prior to joining the ICICI Prudential Mutual Fund, he has an experience of 6.5 years of trading in commodities.

Manish Banthia

Mr. Banthia is B.Com, CA and MBA He is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC - Fixed Income Investments - Aug 2007 to Oct 2009, ICICI Prudential AMC - New Product Development - Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. - From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. - From May 2004 to May 2005.

Akhil Kakkar

Mr. Kakkar is B.Tech (IIT Roorkee) and PGDM (Finance) Prior to Joining ICICI Prudential Mutual Fund he has worked with Kotak Mahindra Bank in Debt Capital Markets, SBI Capital Markets in Project Advisory & Structured Finance and Goldman Sachs Services Pvt Ltd as Analyst Developer.

Sharmila D'mello

Ms. D'mello is CA and BAF She joined ICICI Prudential AMC Limited in September 2016.

Sankaran Naren

Mr. Naren is a B.Tech from IIT Chennai and MBA (Finance)from IIM Kolkata. Prior to joining ICICI Prudential AMC he has worked with Refco Sify Securities India Pvt. Ltd., HDFC Securities Ltd. and Yoha Securities.

Masoomi Jhurmarvala

CA, M.Com, B.Com She is assocated with ICICI Pru Asset Management Company form 2016.

Investment objective

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.

ICICI Prudential Mutual Fund details

No. of schemes	104 view all schemes
Total AUM	11,30,333 Cr as on Dec 31, 2025
Address	One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai, 400051

More funds from ICICI Prudential Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
ICICI Prudential Equity & Debt Fund	N.A.	49,641 Cr	10.8%	19.47%
ICICI Prudential Retirement Fund - Hybrid Aggressive Plan	N.A.	1,082 Cr	13.0%	15.76%
ICICI Prudential Dynamic Asset Allocation Active FoF	N.A.	29,170 Cr	8.8%	12.16%
ICICI Prudential Balanced Advantage Fund	N.A.	70,535 Cr	10.16%	11.69%
ICICI Prudential Passive Multi-Asset FoF	N.A.	1,416 Cr	17.9%	N.A.

See all Hybrid funds from this AMC

Frequently asked questions

What is the current NAV of ICICI Prudential Multi Asset Fund?

The current Net Asset Value (NAV) of the ICICI Prudential Multi Asset Fund plan is approximately ₹805.7517 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The ICICI Prudential Multi Asset Fund is a 23 yrs 3 m old fund and has delivered average annual returns of 20.76% since inception.

ICICI Prudential Multi Asset Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
13.88%	18.83%	20.12%	16.92%	20.76%

How much does this mutual fund charge as expense ratio?

The ICICI Prudential Multi Asset Fund has an expense ratio of 1.32%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The ICICI Prudential Multi Asset Fund currently has assets under management (AUM) or fund size valued at approximately 78,179 Cr as on Dec 31, 2025.

What are the top stock holdings of ICICI Prudential Multi Asset Fund?

The ICICI Prudential Multi Asset Fund's equity portion has been invested in the stocks of the following companies

Company	Percentage of Portfolio
ICICI Bank Ltd.	4.0%
Reliance Industries Ltd.	3.08%
HDFC Bank Ltd.	2.94%
Axis Bank Ltd.	2.87%
ITC Ltd.	2.54%
Infosys Ltd.	2.36%
Maruti Suzuki India Ltd.	1.96%
Larsen & Toubro Ltd.	1.8%
Tata Consultancy Services Ltd.	1.78%
Interglobe Aviation Ltd.	1.66%

What are the top sectors ICICI Prudential Multi Asset Fund has invested in?

The ICICI Prudential Multi Asset Fund's equity portion is primarily invested in the following sectors -

Sector	Percentage of Portfolio
Financial	17.98%
Automobile	7.71%
Energy	6.95%
Technology	5.85%
Services	5.58%
Consumer Staples	5.469999999999999%
Healthcare	3.9899999999999998%
Insurance	3.36%
Metals & Mining	3.2099999999999995%
Materials	2.78%

To whom does ICICI Prudential Multi Asset Fund lend to?

The top 3 debt holdings of ICICI Prudential Multi Asset Fund are as follows

Holding Name	Percentage of Portfolio
Reserve Bank of India	2.86%
GOI	0.57%
Muthoot Finance Ltd.	0.56%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The ICICI Prudential Multi Asset Fund's debt portion's allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
Cash	8.01090603%
SOV	7.03257443%
Cash & Call Money	3.65165566%

What is risk level of ICICI Prudential Multi Asset Fund?

This is a Multi Asset Allocation fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in ICICI Prudential Multi Asset Fund?

Redeeming your investments in the ICICI Prudential Multi Asset Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Multi Asset Allocation

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Return Outperformance: This fund has generated highest return amongst Multi Asset Allocation funds in the last 10 Years.
Chance: This fund has generated a 12.92% annual return in 70% of times for investors holding for at least 5 years.
Owns Gold: This fund has 1.40720334 % AUM in Gold, which acts as a hedge.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit Load for units in excess of 30% of the investment,1% will be charged for redemption within 365 days.