FoFFoF DomesticDirectGrowthModerate

ICICI Prudential Diversified Debt Strategy Active FOF

Q: What is the NAV of ICICI Prudential Diversified Debt Strategy Active FOF?

As of 05 Oct 2026, the NAV of ICICI Prudential Diversified Debt Strategy Active FOF is ₹49.82 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has ICICI Prudential Diversified Debt Strategy Active FOF delivered?

ICICI Prudential Diversified Debt Strategy Active FOF has returned +4.83% over 1 year, +7.12% per year over 3 years, +6.41% per year over 5 years and +7.96% 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 Diversified Debt Strategy Active FOF?

ICICI Prudential Diversified Debt Strategy 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 Diversified Debt Strategy Active FOF?

ICICI Prudential Diversified Debt Strategy Active FOF's largest holdings are ICICI Prudential All Seasons Bond Fund - Direct Plan - Growth (41.1%), ICICI Prudential Short Term Fund - Direct Plan - Growth Option (32.8%), ICICI Prudential Medium Term Bond Fund - Direct Plan - Growth (11.8%), ICICI Prudential Gilt Fund - Direct Plan - Growth (7.6%) and ICICI Prudential Floating Interest Fund - Direct Plan (5.7%). Holdings are disclosed monthly and change over time.

Q: How risky is ICICI Prudential Diversified Debt Strategy Active FOF?

ICICI Prudential Diversified Debt Strategy Active FOF is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.4% and its worst peak-to-trough fall in our sample was -4.6%. 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 0.45 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential Diversified Debt Strategy Active FOF's 0.45 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of ICICI Prudential Diversified Debt Strategy Active FOF?

ICICI Prudential Diversified Debt Strategy Active FOF is benchmarked against the CRISIL Composite Bond Index. Its alpha and beta on this page are measured against that index.

Q: Who manages ICICI Prudential Diversified Debt Strategy Active FOF?

ICICI Prudential Diversified Debt Strategy Active FOF is managed by Manish Banthia and Ritesh Lunawat at ICICI Prudential.

Q: How is ICICI Prudential Diversified Debt Strategy Active FOF taxed?

ICICI Prudential Diversified Debt Strategy Active FOF is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.

ICICI Prudential Mutual Fund · Best Domestic Fund of Funds

NAV

₹49.82

+0.08% 1D

as of 05 Oct 2026

This is the Direct plan of ICICI Prudential Diversified Debt Strategy 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.

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NAV history

+4.66%absolute

52-week rangePrev NAV ₹49.78

Latest ₹49.82

Low ₹47.6188th percentile of its 52-week rangeHigh ₹50.12

Scorecard

★★☆☆☆2/5 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.

PerformanceBelow avg

3Y CAGR +7.12% · ranks 67 of 75 FoF Domestic funds

RiskLow

Volatility 1.4% vs 17.8% 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

Less volatile than its FoF Domestic peers (1.4% vs 17.8%)
Consistent — positive in 100% of rolling 3-year windows

Concerns

1-year return (+4.83%) trails the FoF Domestic average (+12.32%)
3-year return (+7.12%) trails the FoF Domestic average (+19.93%)
5-year return (+6.41%) trails the FoF Domestic average (+13.25%)
Weaker risk-adjusted returns — Sharpe 0.45 below the FoF Domestic average of 0.72
High expense ratio (0.45%) vs the FoF Domestic average of 0.23%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.45%

Category 0.23%▲0.22%

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

—

Category —

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

0.45

Category 0.72▼0.27

Scheme Info

Definitions

Plan

Direct · Growth

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

None

• 0.25 % of applicable Net Asset Value If the amount sought to be redeemed or switch out within 15 days from allotment. • Nil If the amount sought to be redeemed or switched out more than 15 days.

Up to 0.25%

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

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹100

CRISIL Composite Bond Index

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.

04 Jan 2013

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

Definitions

Absolute return over the last 1 month (not annualized)

-0.26%

Absolute return over the last 3 months (not annualized)

-0.03%

Absolute return over the last 6 months (not annualized)

+3.78%

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

+3.49%

Annualized returns (≥1Y — CAGR)

Definitions

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

+4.83%

3-year annualized return (CAGR)

+7.12%

5-year annualized return (CAGR)

+6.41%

10-year annualized return (CAGR)

+7.10%

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.

+7.96%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

1.37%

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

0.45

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

0.64

Largest peak-to-trough decline over full history

-4.64%

Benchmark ratios

Not shown for FoF Domestic — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (FoF Domestic)

Period	Fund	Category avg.	Diff
1M abs	-0.26%	-3.42%	+3.16%
3M abs	-0.03%	-1.37%	+1.34%
6M abs	+3.78%	+4.90%	-1.12%
1Y CAGR	+4.83%	+12.32%	-7.49%
3Y CAGR	+7.12%	+19.93%	-12.81%
5Y CAGR	+6.41%	+13.25%	-6.84%

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

+4.83%

Beats 43.6% · rank #67

3Y return

+7.12%

Beats 10.8% · rank #67

5Y return

+6.41%

Beats 17.3% · rank #44

Sharpe

0.45

Beats 32.4% · rank #51

Sortino

0.64

Beats 33.8% · rank #50

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

₹7.09L

Absolute

+18.17%

XIRR

+6.83%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into ICICI Prudential Diversified Debt Strategy 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
2026part	+3.49%
2025	+7.79%
2024	+8.29%
2023	+7.75%
2022	+4.36%
2021	+4.48%
2020	+9.91%
2019	+9.31%
2018	+6.97%
2017	+6.93%

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.

History points

3,291

Expense ratio

0.45%

AUM

₹105.15Cr

Exit load

Taxation

Taxed as debt

This is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

Pick your slab to see the rate that applies to you.

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 Diversified Debt Strategy Active FOFThis fund ICICI Prudential · Direct · Growth	★★☆☆☆	+4.83%	+7.12%	+6.41%	—	0.45%	₹105.15Cr
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	★★★★★	+51.54%	+46.04%	—	—	0.14%	₹1,209Cr
Nippon India Silver ETF FOF Nippon India · Direct · Growth	★★★★☆	+49.82%	+45.66%	—	—	0.22%	₹4,544Cr
Kotak Silver ETF Fund of Fund Kotak Mahindra · Direct · Growth	★★★★☆	+51.52%	+45.48%	—	—	0.28%	₹981.83Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Other98.97%
Cash & Equivalents1.03%

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

MBManish BanthiaManaging since 18 Jun 2017

Role

Chief Investment Officer - Fixed Income

Education

Chartered Accountant, MBA and B.Com

Experience

Mr. Manish Banthia is the Chief Investment Officer for the Fixed Income Investments. He is associated with ICICI Prudential Asset Management Company Limited since October 2005. He has an overall work experience of around 21 years. Past Experience: ~ ICICI Prudential Asset Management Company Limited - Fixed Income Investments - August 2007 to October 2009. ~ ICICI Prudential Asset Management Company Limited - New Product Development - October 2005 to July 2007. ~ Aditya Birla Nuvo Ltd. – June 2005 to October 2005. ~ Aditya Birla Management Corporation Ltd. – May 2004 to May 2005.

Funds managed (25)

All schemes Manish Banthia runs →

RLRitesh LunawatManaging since 18 Dec 2021

Role

Fund Manager – Fixed Income

Total experience

Over 11 years

Education

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

Experience

Mr. Ritesh Lunawat is associated with ICICI Prudential Asset Management Company Limited from September 27, 2013. He started his career with ICICI Prudential Asset Management Company Limited and is currently a Fund Manager.

Funds managed (10)

All schemes Ritesh Lunawat 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

Manish Banthia Ritesh Lunawat

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 Diversified Debt Strategy Active FOF?

As of 05 Oct 2026, the NAV of ICICI Prudential Diversified Debt Strategy Active FOF is ₹49.82 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has ICICI Prudential Diversified Debt Strategy Active FOF delivered?

ICICI Prudential Diversified Debt Strategy Active FOF has returned +4.83% over 1 year, +7.12% per year over 3 years, +6.41% per year over 5 years and +7.96% 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 Diversified Debt Strategy Active FOF?

ICICI Prudential Diversified Debt Strategy 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 Diversified Debt Strategy Active FOF?

ICICI Prudential Diversified Debt Strategy Active FOF's largest holdings are ICICI Prudential All Seasons Bond Fund - Direct Plan - Growth (41.1%), ICICI Prudential Short Term Fund - Direct Plan - Growth Option (32.8%), ICICI Prudential Medium Term Bond Fund - Direct Plan - Growth (11.8%), ICICI Prudential Gilt Fund - Direct Plan - Growth (7.6%) and ICICI Prudential Floating Interest Fund - Direct Plan (5.7%). Holdings are disclosed monthly and change over time.

How risky is ICICI Prudential Diversified Debt Strategy Active FOF?

ICICI Prudential Diversified Debt Strategy Active FOF is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.4% and its worst peak-to-trough fall in our sample was -4.6%. 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 0.45 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential Diversified Debt Strategy Active FOF's 0.45 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of ICICI Prudential Diversified Debt Strategy Active FOF?

ICICI Prudential Diversified Debt Strategy Active FOF is benchmarked against the CRISIL Composite Bond Index. Its alpha and beta on this page are measured against that index.

Who manages ICICI Prudential Diversified Debt Strategy Active FOF?

ICICI Prudential Diversified Debt Strategy Active FOF is managed by Manish Banthia and Ritesh Lunawat at ICICI Prudential.

How is ICICI Prudential Diversified Debt Strategy Active FOF taxed?

ICICI Prudential Diversified Debt Strategy Active FOF is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.