FoFFoF DomesticDirectGrowthVery High

ICICI Prudential Multi Sector Passive FOF

Q: What is the NAV of ICICI Prudential Multi Sector Passive FOF?

As of 01 Oct 2026, the NAV of ICICI Prudential Multi Sector Passive FOF is ₹169.82 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has ICICI Prudential Multi Sector Passive FOF delivered?

ICICI Prudential Multi Sector Passive FOF has returned +0.43% over 1 year, +10.91% per year over 3 years, +10.52% per year over 5 years and +11.98% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of ICICI Prudential Multi Sector Passive FOF?

ICICI Prudential Multi Sector Passive FOF charges an expense ratio of 0.23% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of ICICI Prudential Multi Sector Passive FOF?

ICICI Prudential Multi Sector Passive FOF's largest holdings are ICICI Prudential Nifty Private Bank ETF (26.3%), ICICI Prudential Nifty Oil & Gas ETF (10.0%), Groww BSE Power ETF (8.8%), ICICI Prudential Nifty IT ETF (8.4%) and ICICI Prudential Nifty Metal ETF (8.0%). Holdings are disclosed monthly and change over time.

Q: How risky is ICICI Prudential Multi Sector Passive FOF?

ICICI Prudential Multi Sector Passive FOF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 11.6% and its worst peak-to-trough fall in our sample was -34.9%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.38 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential Multi Sector Passive FOF's 0.38 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of ICICI Prudential Multi Sector Passive FOF?

ICICI Prudential Multi Sector Passive FOF is benchmarked against the Nifty 500 TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages ICICI Prudential Multi Sector Passive FOF?

ICICI Prudential Multi Sector Passive FOF is managed by Dharmesh Kakkad, Sankaran Naren, Sharmila D'silva and Masoomi Jhurmarvala at ICICI Prudential.

Q: How is ICICI Prudential Multi Sector Passive FOF taxed?

ICICI Prudential Multi Sector Passive FOF is a non-equity fund (a fund-of-funds, gold, international or balanced-hybrid scheme). Since FY 2025-26 it's no longer taxed like a pure-debt fund: gains on units held more than 2 years are long-term, taxed at 12.5% (no indexation, no ₹1.25 lakh exemption); units held 2 years or less are taxed at your income-tax slab rate.

ICICI Prudential Mutual Fund · Best Domestic Fund of Funds

NAV

₹169.82

-0.67% 1D

as of 01 Oct 2026

This is the Direct plan of ICICI Prudential Multi Sector Passive FOF — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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Performance

+1.15%CAGR

52-week rangePrev NAV ₹170.96

Latest ₹169.82

Low ₹157.4652nd percentile of its 52-week rangeHigh ₹181.23

Scorecard

★★★☆☆3/5 vs 75 of 155 FoF Domestic peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within FoF Domestic (same plan and option). 75 of the 155 FoF Domestic funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceAverage

3Y CAGR +10.91% · ranks 44 of 75 FoF Domestic funds

RiskLow

Volatility 11.6% vs 17.8% category avg

CostAverage

0.2% expense vs 0.2% category avg

ConsistencyHigh

96% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Less volatile than its FoF Domestic peers (11.6% vs 17.8%)
Consistent — positive in 96% of rolling 3-year windows

Concerns

Trails the FoF Domestic average on 1M/3M/1Y — 1Y by 11.78pp
3-year return (+10.91%) trails the FoF Domestic average (+19.34%)
5-year return (+10.52%) trails the FoF Domestic average (+13.25%)
Weaker risk-adjusted returns — Sharpe 0.38 below the FoF Domestic average of 0.70

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.23%

Category 0.23%0.00%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.38

Category 0.70▼0.32

Scheme Info

Definitions

Plan

Direct · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

• If units purchased or switched in from another scheme of the Fund are redeemed or switched out up to 15 days from the date of allotment – 1% of the Applicable NAV • If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 15 days from the date of allotment - Nil (w.e.f. 1st July 2021)

Up to 1.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹1,000

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

Nifty 500 TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

02 Jan 2013

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-4.76%

Absolute return over the last 3 months (not annualized)

-3.35%

Absolute return over the last 6 months (not annualized)

+5.97%

Absolute return since 1 Jan of this year (not annualized)

-5.64%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+0.43%

3-year annualized return (CAGR)

+10.91%

5-year annualized return (CAGR)

+10.52%

10-year annualized return (CAGR)

+12.29%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+11.98%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

11.61%

Excess return per unit of total volatility (rf = 6.5%)

0.38

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.53

Largest peak-to-trough decline over full history

-34.88%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

1.58%

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

0.89

How much of the fund's movement Nifty 500 TRI explains

96.9%

Excess return per unit of beta (market risk)

5.27

Active return over the benchmark per unit of tracking error

0.48

Annualized std dev of fund-minus-benchmark returns

3.06%

Fund's share of benchmark gains in up months (100 = matches index)

91.5%

Fund's share of benchmark losses in down months (lower is better)

79.0%

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (FoF Domestic)

Period	Fund	Category avg.	Diff
1M abs	-4.76%	-3.20%	-1.56%
3M abs	-3.35%	-0.16%	-3.19%
6M abs	+5.97%	+3.74%	+2.23%
1Y CAGR	+0.43%	+12.21%	-11.78%
3Y CAGR	+10.91%	+19.34%	-8.43%
5Y CAGR	+10.52%	+13.25%	-2.73%

Category average across peers in FoF Domestic (154 of 155 carry a figure for at least one period), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 155 peers in FoF Domestic

1Y return

+0.43%

Beats 20.5% · rank #94

3Y return

+10.91%

Beats 41.9% · rank #44

5Y return

+10.52%

Beats 51.9% · rank #26

Sharpe

0.38

Beats 28.4% · rank #54

Sortino

0.53

Beats 28.4% · rank #54

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹7.65L

Absolute

+27.42%

XIRR

+9.94%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into ICICI Prudential Multi Sector Passive FOF, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500 TRI	Diff
2026part	-5.64%	-7.18%	+1.54%
2025	+11.30%	+7.94%	+3.36%
2024	+16.19%	+16.43%	-0.24%
2023	+29.65%	+27.43%	+2.22%
2022	+4.50%	+4.34%	+0.16%
2021	+30.71%	+31.59%	-0.88%
2020	+11.09%	+18.33%	-7.24%
2019	+7.15%	+8.95%	-1.80%
2018	+4.36%	-2.33%	+6.69%
2017	+19.57%	+37.35%	-17.78%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

3,383

Expense ratio

0.23%

AUM

₹225.32Cr

Exit load

Taxation

Taxed as non-equity

This is a non-equity fund — a fund-of-funds, gold/silver, international or balanced-hybrid scheme. It isn't equity-oriented, but since FY 2025-26 it's no longer taxed like a pure-debt fund either: gains held over 2 years get the 12.5% long-term rate; shorter holdings are taxed at your income-tax slab rate.

Short-term

30%

Held under 2 years

Added to your income at your slab rate

Long-term (LTCG)

12.5%

Held 2 years or more

No indexation, no ₹1.25 L exemption

Your income-tax slab

Sets the short-term (slab-rate) figure above.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · FoF Domestic

Compare all


ICICI Prudential Multi Sector Passive FOFThis fund ICICI Prudential · Direct · Growth	★★★☆☆	+0.43%	+10.91%	+10.52%	—	0.23%	₹225.32Cr
Mirae Asset NYSE FANG + ETF Fund of Fund Mirae Asset · Direct · Growth	★★★★★	+46.31%	+59.01%	+36.50%	—	0.04%	₹2,418Cr
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Mirae Asset · Direct · Growth	★★★★★	+48.18%	+46.49%	+29.85%	—	0.04%	—
Axis Silver Fund of Fund Axis · Direct · Growth	★★★★★	+48.85%	+43.37%	—	—	0.14%	₹1,209Cr
UTI Silver ETF Fund of Fund UTI · Direct · Growth	★★★★☆	+48.06%	+43.28%	—	—	0.14%	₹620.81Cr
Kotak Silver ETF Fund of Fund Kotak Mahindra · Direct · Growth	★★★★☆	+49.49%	+43.03%	—	—	0.28%	₹981.83Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Other97.36%
Cash & Equivalents2.64%

Equity (13)

which companies this fund invests in

As on 31 Aug 2026 · AMC disclosure

ICICI Prudential Nifty Private Bank ETF

26.27%

ICICI Prudential Nifty Oil & Gas ETF

9.96%

Groww BSE Power ETF

8.76%

ICICI Prudential Nifty IT ETF

8.39%

ICICI Prudential Nifty Metal ETF

8.00%

Nippon India Nifty Pharma ETF

7.99%

ICICI Prudential Nifty FMCG ETF

7.95%

ICICI Prudential Nifty Auto ETF

7.37%

ICICI Prudential Nifty Bank ETF

5.17%

Motilal Oswal Nifty Realty ETF

2.71%

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-34.9%16 Jan 2020 → 24 Mar 2020
Fell over 2 months, back to the old high on 23 Nov 2020 — 8 months under water after the low.
-17.6%18 Oct 2021 → 20 Jun 2022
Fell over 8 months, back to the old high on 01 Nov 2022 — 4 months under water after the low.
-14.8%27 Sep 2024 → 03 Mar 2025
Fell over 5 months, back to the old high on 20 Oct 2025 — 8 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

AMC Profile

ICICI Prudential Mutual Fund is a joint venture between ICICI Bank and Prudential plc of the UK, in business since 1993. It is among India's largest houses by assets and runs one of the industry's widest scheme line-ups across equity, debt and hybrid.

Launched

11 Oct 1993

Total AUM

₹11,14,544Cr+1.0% QoQ

Avg AUM · April - June 2026

Website

icicipruamc.com

Fund Managers

DKDharmesh KakkadManaging since 28 May 2018

Role

Senior Fund Manager - MF Equity

Total experience

Over 15 years

Education

Chartered Financial Analyst (CFA), Chartered Accountant and M.Com

Experience

Mr. Dharmesh Kakkad is a Senior Fund Manager and is associated with ICICI Prudential Asset Management Company Limited from June 2010. Prior to working in Investments function, he was working in the Operations Department of the AMC. ICICI Prudential Global Advantage Fund (FOF)

Funds managed (4)

All schemes Dharmesh Kakkad runs →

SNSankaran NarenManaging since 05 Sep 2018

Education

IIM Kolkata

Experience

Mr. Sankaran Naren is the Executive Director and Chief Investment Officer of our Company. He holds a bachelor’s degree in technology in mechanical engineering from the Indian Institute of Technology, Madras, and a post graduate diploma in management from the Indian Institute of Management, Calcutta. He has more than 25 years of experience in the financial services industry including, including, inter alia, investment banking, fund management, equity research, and stock broking operations. He is presently a member of committee on equity matters at AMFI. He has previously been associated with Refco - Sify Securities India Private Limited, HDFC Securities Limited, The Hongkong and Shanghai Banking Corporation Limited and Yoha Securities Limited He received the “CIO of the Year” award in the subcategory for India at the Asia Asset Management 2023 Best of the Best Awards.

Funds managed (11)

All schemes Sankaran Naren runs →

SDSharmila D'silvaManaging since 13 May 2024

Role

Fund Manager – MF Equity

Total experience

Over 8 years

Education

CA and Bachelor of Commerce in Accounting and Finance (BAF)

Experience

Sharmila D’silva is associated with ICICI in Prudential Asset Management Company Limited from September 2016. She is involved in economics research, strategy research and business cycle research.

Funds managed (34)

All schemes Sharmila D'silva runs →

MJMasoomi JhurmarvalaManaging since 04 Nov 2024

Role

Fund Manager – MF Equity

Total experience

Over 8 years

Education

Chartered Accountant and B.Com

Experience

Ms. Masoomi had joined ICICI Prudential Asset Management Company Limited in October 2016 and since then she worked as a Research Analyst in the Investment department of the AMC. During November 2024, she was appointed as fund manager for certain schemes.

Funds managed (7)

All schemes Masoomi Jhurmarvala runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Dharmesh Kakkad Sankaran Naren Sharmila D'silva Masoomi Jhurmarvala

ICICI Prudential in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

Frequently asked questions

What is the NAV of ICICI Prudential Multi Sector Passive FOF?

As of 01 Oct 2026, the NAV of ICICI Prudential Multi Sector Passive FOF is ₹169.82 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has ICICI Prudential Multi Sector Passive FOF delivered?

ICICI Prudential Multi Sector Passive FOF has returned +0.43% over 1 year, +10.91% per year over 3 years, +10.52% per year over 5 years and +11.98% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of ICICI Prudential Multi Sector Passive FOF?

ICICI Prudential Multi Sector Passive FOF charges an expense ratio of 0.23% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of ICICI Prudential Multi Sector Passive FOF?

ICICI Prudential Multi Sector Passive FOF's largest holdings are ICICI Prudential Nifty Private Bank ETF (26.3%), ICICI Prudential Nifty Oil & Gas ETF (10.0%), Groww BSE Power ETF (8.8%), ICICI Prudential Nifty IT ETF (8.4%) and ICICI Prudential Nifty Metal ETF (8.0%). Holdings are disclosed monthly and change over time.

How risky is ICICI Prudential Multi Sector Passive FOF?

ICICI Prudential Multi Sector Passive FOF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 11.6% and its worst peak-to-trough fall in our sample was -34.9%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.38 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential Multi Sector Passive FOF's 0.38 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of ICICI Prudential Multi Sector Passive FOF?

ICICI Prudential Multi Sector Passive FOF is benchmarked against the Nifty 500 TRI. Its alpha and beta on this page are measured against that index.

Who manages ICICI Prudential Multi Sector Passive FOF?

ICICI Prudential Multi Sector Passive FOF is managed by Dharmesh Kakkad, Sankaran Naren, Sharmila D'silva and Masoomi Jhurmarvala at ICICI Prudential.

How is ICICI Prudential Multi Sector Passive FOF taxed?

ICICI Prudential Multi Sector Passive FOF is a non-equity fund (a fund-of-funds, gold, international or balanced-hybrid scheme). Since FY 2025-26 it's no longer taxed like a pure-debt fund: gains on units held more than 2 years are long-term, taxed at 12.5% (no indexation, no ₹1.25 lakh exemption); units held 2 years or less are taxed at your income-tax slab rate.