ICICI Prudential Thematic Advantage Fund (FOF)Direct- Growth

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹239.9817-0.84% 1 day change	15.86% p.a.	App exclusive #NA View Ranked Funds	₹8,562 Cr

Historical NAV & returns

NAV: ₹239.9817 as on Feb 02, 2026

This fund Category average

ICICI Prudential Thematic Advantage Fund (FOF) overview

Expense ratio	0.21% as on Jan 30, 2026
Exit load	1.0% Exit load of 1% if redeemed within 1 year!
AUM (Fund size)	₹8,562 Cr
Lock-in Period	Nil
Age	13 yrs 1 m since Jan 01, 2013
Benchmark	NIFTY 200 TRI
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

ICICI Prudential Thematic Advantage Fund (FOF) 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	-4.1%	-5.0%
3 Months	-3.42%	-4.43%
6 Months	0.56%	-0.15%
1 Year	8.58%	6.58%
2 Years	13.79%	8.28%
3 Years	19.1%	16.88%
4 Years	15.35%	12.78%
5 Years	19.49%	15.33%
7 Years	19.32%	15.98%
10 Years	16.83%	14.94%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 56.34%

Mid Cap 14.1%

Small Cap 20.63%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

SOV 5.448534%

Cash & Call Money 5.33921716%

AAA 1.626445%

AA+ 0.869126%

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Mutual Fund 96.35037811%

Repo 4.00134988%

Other Holdings

ICICI Prudential Banking and Financial Services Direct Plan-Growth 20.83%

ICICI Prudential Energy Opportunities Fund Direct-Growth 20.28%

ICICI Prudential Technology Direct Plan-Growth 19.39%

ICICI Prudential Pharma Healthcare And Diagnostics (P.H.D) Fund Direct - Growth 13.07%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
ICICI Prudential Thematic Advantage Fund (FOF)	-4.1%	0.56%	8.58%	19.1%	19.49%	16.83%
ICICI Prudential India Opportunities Fund	-2.97%	5.64%	12.89%	24.07%	25.84%	14.9%
ICICI Prudential Value Fund	-3.51%	3.96%	11.85%	20.58%	21.22%	17.49%
ICICI Prudential Dividend Yield Equity Fund	-3.62%	3.79%	11.74%	23.62%	24.78%	18.62%
SBI Contra Fund	-3.71%	2.29%	7.43%	20.68%	22.18%	18.06%
ICICI Prudential Diversified Equity All Cap Omni FoF	-4.81%	1.4%	8.8%	20.98%	20.64%	12.46%

Fund name	Std. deviation	Beta	Sharpe	Sortino
ICICI Prudential Thematic Advantage Fund (FOF)	10.29	0.76	1.21	2.2
ICICI Prudential India Opportunities Fund	11.32	0.83	1.44	2.34
ICICI Prudential Value Fund	11.1	0.81	1.23	2.08
ICICI Prudential Dividend Yield Equity Fund	11.93	0.87	1.38	2.16
SBI Contra Fund	12.08	0.91	1.15	1.76
ICICI Prudential Diversified Equity All Cap Omni FoF	11.67	0.89	1.21	1.86

Fund name	ETM Rank	AUM	Fund age	Expense ratio
ICICI Prudential Thematic Advantage Fund (FOF)	N.A.	8,562 Cr	13 yrs 1 m	0.21%
ICICI Prudential India Opportunities Fund	N.A.	34,779 Cr	7 yrs 1 m	0.66%
ICICI Prudential Value Fund	N.A.	61,272 Cr	13 yrs 1 m	0.96%
ICICI Prudential Dividend Yield Equity Fund	N.A.	6,400 Cr	11 yrs 9 m	0.57%
SBI Contra Fund	N.A.	49,967 Cr	13 yrs 1 m	0.71%
ICICI Prudential Diversified Equity All Cap Omni FoF	N.A.	258 Cr	5 yrs 11 m	0.46%

View all Strategy funds

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

Alpha	4.92 vs. 5.27 Underperformed at beating benchmark
Sharpe	1.21 vs. 4.78 Poor risk-adjusted returns
Beta	0.76 vs. 0.83 Less sensitive to market ups & downs
Standard deviation	10.29 vs. 8.79 More volatile performance

About this fund

About ICICI Prudential Thematic Advantage Fund (FOF)

ICICI Prudential Thematic Advantage Fund (FOF)Direct- Growth is a Strategy mutual fund scheme from Icici Prudential Mutual Fund. This fund has been in existence for 13 yrs 1 m, having been launched on 01/01/2013. ICICI Prudential Thematic Advantage Fund (FOF)Direct- Growth has ₹8,562 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 Thematic Advantage Fund (FOF)Direct- Growth as of 02/02/2026 is ₹239.98. The fund has an expense ratio of 0.21%, which is less than what most other Strategy funds charge.

ICICI Prudential Thematic Advantage Fund (FOF)Direct- Growth returns of last 1-year are 8.47%. Since launch, it has delivered 15.57% average annual returns. The fund has doubled the money invested in it every 4 yrs.
ICICI Prudential Thematic Advantage Fund (FOF)Direct- Growth 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 high.
The fund has the majority of its money invested in Unclassified sectors. It has taken less exposure in Unclassified sectors compared to other funds in the category.
The fund's top 5 holdings are in ICICI Prudential Banking and Financial Services Direct Plan-Growth, ICICI Prudential Energy Opportunities Fund Direct-Growth, ICICI Prudential Technology Direct Plan-Growth, ICICI Prudential Pharma Healthcare And Diagnostics (P.H.D) Fund Direct - Growth, ICICI Prudential Bharat Consumption Fund Direct - Growth.

...

Fund AUM	8,562 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

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.

Dharmesh Kakkad

Mr. kakkad is B.com., CA & CFA. He is associated with ICICI Prudential Asset Management Company Limited from June 2010. Prior to working in Dealing function, he was working in the Operations Department of ICICI Prudential AMC.

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.

Ritesh Lunawat

Mr. Lunawat is B.Com and Chartered Accountant. He has been Working with ICICI Prudential AMC Since September 2013.

Investment objective

The scheme seeks to generate capital appreciation primarily from a portfolio of Sectoral/ Thematic schemes accessed through the diversified investment styles of underlying schemes.

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 Infrastructure Fund	N.A.	8,134 Cr	10.28%	28.3%
ICICI Prudential BHARAT 22 FOF Scheme	N.A.	2,500 Cr	17.33%	27.04%
ICICI Prudential Commodities Fund	N.A.	3,409 Cr	23.21%	26.31%
ICICI Prudential India Opportunities Fund	N.A.	34,779 Cr	12.89%	25.84%
ICICI Prudential Dividend Yield Equity Fund	N.A.	6,400 Cr	11.74%	24.78%
ICICI Prudential Manufacturing Fund	N.A.	6,549 Cr	12.31%	23.08%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of ICICI Prudential Thematic Advantage Fund (FOF)Direct- Growth?

The current Net Asset Value (NAV) of the ICICI Prudential Thematic Advantage Fund (FOF) - Direct Growth plan is approximately ₹239.9817 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The ICICI Prudential Thematic Advantage Fund (FOF)Direct- Growth is a 13 yrs 1 m old fund and has delivered average annual returns of 15.86% since inception.

ICICI Prudential Thematic Advantage Fund (FOF)Direct- Growth Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
8.58%	19.1%	19.49%	16.83%	15.86%

How much does this mutual fund charge as expense ratio?

The ICICI Prudential Thematic Advantage Fund (FOF) - Direct Growth has an expense ratio of 0.21%, 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 Thematic Advantage Fund (FOF) currently has assets under management (AUM) or fund size valued at approximately 8,562 Cr as on Dec 31, 2025.

What is risk level of ICICI Prudential Thematic Advantage Fund (FOF)?

This is a Strategy 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 do I invest in ICICI Prudential Thematic Advantage Fund (FOF)Direct- Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for ICICI Prudential Thematic Advantage Fund (FOF) - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the ICICI Prudential Thematic Advantage Fund (FOF) is complete.

How can I redeem my investments in ICICI Prudential Thematic Advantage Fund (FOF)?

Redeeming your investments in the ICICI Prudential Thematic Advantage Fund (FOF) 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 Strategy

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Strategy funds in the last 10 Years.
Chance: This fund has generated a 12.73% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Expense Ratio: This fund has the 3rd lowest expense ratio amongst actively/passively managed Strategy funds.
Exit Load: Exit load of 1% if redeemed within 1 year