FoFFoF DomesticDirectGrowthVery High

ICICI Prudential Dynamic Asset Allocation Active FOF

Q: What is the NAV of ICICI Prudential Dynamic Asset Allocation Active FOF?

As of 20 Aug 2026, the NAV of ICICI Prudential Dynamic Asset Allocation Active FOF is ₹140.58 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has ICICI Prudential Dynamic Asset Allocation Active FOF delivered?

ICICI Prudential Dynamic Asset Allocation Active FOF has returned +4.91% over 1 year, +12.25% per year over 3 years, +12.07% per year over 5 years and +12.25% 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 Dynamic Asset Allocation Active FOF?

ICICI Prudential Dynamic Asset Allocation Active FOF charges an expense ratio of 0.45% 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 Dynamic Asset Allocation Active FOF?

Its largest holdings are ICICI Prudential Value Direct-Growth (12.8%), ICICI Prudential Long Term Direct Plan-Growth (10.0%), ICICI Prudential Large Cap Fund Direct-Growth (9.4%), ICICI Prudential Select Large Cap Fund Direct-Growth (5.8%) and ICICI Prudential Innovation Fund Direct - Growth (5.1%). Holdings are disclosed monthly and change over time.

Q: How risky is ICICI Prudential Dynamic Asset Allocation Active FOF?

It is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 6.2% and its worst peak-to-trough fall in our sample was -26.4%. 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 0.93 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential Dynamic Asset Allocation Active FOF's 0.93 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of ICICI Prudential Dynamic Asset Allocation Active FOF?

ICICI Prudential Dynamic Asset Allocation Active FOF is benchmarked against the CRISIL Hybrid 50+50 Moderate Index. Its alpha and beta on this page are measured against that index.

Q: Who manages ICICI Prudential Dynamic Asset Allocation Active FOF?

ICICI Prudential Dynamic Asset Allocation Active FOF is managed by Manish Banthia, Ritesh Lunawat, Sharmila D'Silva and Dharmesh Kakkad at ICICI Prudential.

Q: How is ICICI Prudential Dynamic Asset Allocation Active FOF taxed?

ICICI Prudential Dynamic Asset Allocation Active 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

This is the Direct plan of ICICI Prudential Dynamic Asset Allocation Active 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.

NAV

₹140.58

+0.37% 1D

as of 20 Aug 2026

Compare SIP calculator

Performance

+5.14%CAGR

52-week rangePrev NAV ₹140.06

Latest ₹140.58

Low ₹128.0493rd percentile of its 52-week rangeHigh ₹141.46

Scorecard

★★★☆☆3/5 vs 75 of 150 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 150 FoF Domestic funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceAverage

3Y CAGR +12.25% · ranks 50 of 150 FoF Domestic funds

RiskLow

Volatility 6.2% vs 18.2% category avg

CostHigh

0.5% expense vs 0.2% category avg

ConsistencyHigh

100% 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

Stronger risk-adjusted returns — Sharpe 0.93 vs 0.77 FoF Domestic average
Less volatile than its FoF Domestic peers (6.2% vs 18.2%)
Consistent — positive in 100% of rolling 3-year windows

Concerns

1-year return (+4.91%) trails the FoF Domestic average (+28.20%)
3-year return (+12.25%) trails the FoF Domestic average (+21.52%)
5-year return (+12.07%) trails the FoF Domestic average (+14.59%)
High expense ratio (0.45%) vs the FoF Domestic average of 0.20%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

Category 0.20%

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

Category —

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

0.93

Category 0.77▲0.16

Scheme Info

Definitions

Plan

Direct · Growth

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

Exit Load

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

0.005%

SIP Inv.

Smallest recurring SIP instalment the scheme accepts

Smallest one-time (lumpsum) investment the scheme accepts

Benchmark

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.

11 Jan 2013

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

Definitions

Absolute return over the last 1 month (not annualized)

+0.75%

Absolute return over the last 3 months (not annualized)

+4.05%

Absolute return over the last 6 months (not annualized)

+2.63%

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

+1.50%

Annualized returns (≥1Y — CAGR)

Definitions

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

+4.91%

3-year annualized return (CAGR)

+12.25%

5-year annualized return (CAGR)

+12.07%

10-year annualized return (CAGR)

+12.55%

Annualized return (CAGR) since the fund's inception

+12.25%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

6.19%

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

0.93

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

1.34

Largest peak-to-trough decline over full history

-26.35%

Benchmark ratios (vs Nifty 500 · 36 monthly returns)

Definitions

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

2.66%

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

0.46

How much of the fund's movement Nifty 500 explains

92.9%

Excess return per unit of beta (market risk)

12.04

Active return over the benchmark per unit of tracking error

0.05

Annualized std dev of fund-minus-benchmark returns

8.52%

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

61.3%

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

30.5%

Computed vs the Nifty 500 price index — the closest match to this fund's mandate. 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	+0.75%	+4.32%	-3.57%
3M abs	+4.05%	+1.21%	+2.84%
6M abs	+2.63%	+2.90%	-0.27%
1Y CAGR	+4.91%	+28.20%	-23.29%
3Y CAGR	+12.25%	+21.52%	-9.27%
5Y CAGR	+12.07%	+14.59%	-2.52%

Category average across peers in FoF Domestic (148 of 150 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 150 peers in FoF Domestic

1Y return

+4.91%

Beats 19.5% · rank #92

3Y return

+12.25%

Beats 33.8% · rank #50

5Y return

+12.07%

Beats 51% · rank #25

Sharpe

0.93

Beats 56.6% · rank #50

Sortino

1.34

Beats 59.3% · rank #47

Rolling returns

Return for every possible 1Y holding period, not just today’s

This fundNifty 500

Average

+13.5%

Median

+11.6%

Best

+44.4%

Worst

-9.6%

Positive periods

95.4%

152 overlapping 1Y windows, sampled monthly across the fund’s history.

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

₹7.92L

Absolute

+32.06%

XIRR

+11.42%

Value vs. invested

60 monthly installments of ₹10,000 into ICICI Prudential Dynamic Asset Allocation Active 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	Diff
2026part	+1.58%	-1.43%	+3.01%
2025	+11.51%	+6.69%	+4.82%
2024	+14.68%	+15.16%	-0.48%
2023	+19.54%	+25.76%	-6.22%
2022	+9.49%	+3.02%	+6.47%
2021	+18.07%	+30.19%	-12.12%
2020	+14.79%	+16.67%	-1.88%
2019	+11.14%	+7.66%	+3.48%
2018	+8.67%	-3.38%	+12.05%
2017	+15.40%	+35.91%	-20.51%

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

3,316

Expense ratio

AUM

Portfolio turnover

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 Dynamic Asset Allocation Active FOFThis fund ICICI Prudential	★★★☆☆	+4.91%	+12.25%	+12.07%	—	0.45%	₹28,242Cr
Mirae Asset NYSE FANG + ETF Fund of Fund Mirae Asset	★★★★★	+28.58%	+50.23%	+32.05%	—	0.03%	₹2,418Cr
UTI Silver ETF Fund of Fund UTI	★★★★★	+109.01%	+47.54%	—	—	0.13%	₹620.81Cr
Axis Silver Fund of Fund Axis	★★★★★	+108.85%	+47.32%	—	—	0.14%	₹1,209Cr
ICICI Prudential Silver ETF FOF ICICI Prudential	★★★★☆	+108.24%	+47.25%	—	—	0.20%	₹6,532Cr
HDFC Silver ETF Fund of Fund HDFC	★★★★☆	+109.11%	+47.20%	—	—	0.22%	₹4,593Cr

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.

-26.4%12 Feb 2020 → 23 Mar 2020
Fell over 40 days, back to the old high on 13 Aug 2020 — 5 months under water after the low.
-11.2%15 Jan 2013 → 28 Aug 2013
Fell over 7 months, back to the old high on 31 Oct 2013 — 2 months under water after the low.
-9.1%07 May 2015 → 25 Feb 2016
Fell over 10 months, back to the old high on 27 Apr 2016 — 2 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.

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 Dynamic Asset Allocation Active FOF?

As of 20 Aug 2026, the NAV of ICICI Prudential Dynamic Asset Allocation Active FOF is ₹140.58 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has ICICI Prudential Dynamic Asset Allocation Active FOF delivered?

ICICI Prudential Dynamic Asset Allocation Active FOF has returned +4.91% over 1 year, +12.25% per year over 3 years, +12.07% per year over 5 years and +12.25% 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 Dynamic Asset Allocation Active FOF?

ICICI Prudential Dynamic Asset Allocation Active FOF charges an expense ratio of 0.45% 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 Dynamic Asset Allocation Active FOF?

Its largest holdings are ICICI Prudential Value Direct-Growth (12.8%), ICICI Prudential Long Term Direct Plan-Growth (10.0%), ICICI Prudential Large Cap Fund Direct-Growth (9.4%), ICICI Prudential Select Large Cap Fund Direct-Growth (5.8%) and ICICI Prudential Innovation Fund Direct - Growth (5.1%). Holdings are disclosed monthly and change over time.

How risky is ICICI Prudential Dynamic Asset Allocation Active FOF?

It is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 6.2% and its worst peak-to-trough fall in our sample was -26.4%. 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 0.93 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential Dynamic Asset Allocation Active FOF's 0.93 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of ICICI Prudential Dynamic Asset Allocation Active FOF?

ICICI Prudential Dynamic Asset Allocation Active FOF is benchmarked against the CRISIL Hybrid 50+50 Moderate Index. Its alpha and beta on this page are measured against that index.

Who manages ICICI Prudential Dynamic Asset Allocation Active FOF?

ICICI Prudential Dynamic Asset Allocation Active FOF is managed by Manish Banthia, Ritesh Lunawat, Sharmila D'Silva and Dharmesh Kakkad at ICICI Prudential.

How is ICICI Prudential Dynamic Asset Allocation Active FOF taxed?

ICICI Prudential Dynamic Asset Allocation Active 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.