ICICI Prudential Global Advantage Fund (FOF)
NAV history
Scorecard
★★☆☆☆2/5 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.
3Y CAGR +21.48% · ranks 24 of 150 FoF Domestic funds
Volatility 14.2% vs 18.2% category avg
0.6% expense vs 0.2% category avg
94% 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 1.05 vs 0.76 FoF Domestic average
- Less volatile than its FoF Domestic peers (14.2% vs 18.2%)
- Consistent — positive in 94% of rolling 3-year windows
Concerns
- 1-year return (+25.99%) trails the FoF Domestic average (+27.96%)
- 5-year return (+11.68%) trails the FoF Domestic average (+14.59%)
- High expense ratio (0.64%) vs the FoF Domestic average of 0.20%
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Risk (trailing 3Y)
DefinitionsBenchmark 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 | +4.17% | +4.30% | -0.13% |
| 3M abs | +3.82% | +1.14% | +2.68% |
| 6M abs | +7.02% | +2.79% | +4.23% |
| 1Y CAGR | +25.99% | +27.96% | -1.97% |
| 3Y CAGR | +21.48% | +21.39% | +0.09% |
| 5Y CAGR | +11.68% | +14.59% | -2.91% |
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
Rolling returns
Return for every possible 1Y holding period, not just today’s
71 overlapping 1Y windows, sampled monthly across the fund’s history.
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.
- -27.1%23 Apr 2021 → 31 Oct 2022
Fell over 1.5 years, back to the old high on 03 May 2024 — 1.5 years under water after the low.
- -22.6%24 Jan 2020 → 23 Mar 2020
Fell over 2 months, back to the old high on 06 Aug 2020 — 4 months under water after the low.
- -15.3%07 Mar 2025 → 07 Apr 2025
Fell over 31 days, back to the old high on 18 Jul 2025 — 3 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.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | +14.87% | |
| 2025 | +26.85% | |
| 2024 | +18.84% | |
| 2023 | +11.19% | |
| 2022 | -9.57% | |
| 2021 | +1.19% | |
| 2020 | +18.35% | |
| 2019part | +13.73% |
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.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into ICICI Prudential Global Advantage Fund (FOF), valued at the latest NAV. XIRR annualizes for each installment’s timing.
Taxation
Taxed as non-equityThis 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.
Added to your income at your slab rate
No indexation, no ₹1.25 L exemption
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.
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 Global Advantage Fund (FOF)?
As of 20 Aug 2026, the NAV of ICICI Prudential Global Advantage Fund (FOF) is ₹23.74 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has ICICI Prudential Global Advantage Fund (FOF) delivered?
ICICI Prudential Global Advantage Fund (FOF) has returned +25.99% over 1 year, +21.48% per year over 3 years, +11.68% per year over 5 years and +13.41% 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 Global Advantage Fund (FOF)?
ICICI Prudential Global Advantage Fund (FOF) charges an expense ratio of 0.64% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
How risky is ICICI Prudential Global Advantage Fund (FOF)?
It is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 14.2% and its worst peak-to-trough fall in our sample was -27.1%. 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 1.05 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential Global Advantage Fund (FOF)'s 1.05 means it has rewarded its volatility with excess return. Higher is better.
Who manages ICICI Prudential Global Advantage Fund (FOF)?
ICICI Prudential Global Advantage Fund (FOF) is managed by Sharmila D'silva, Sankaran Naren, Manasvi Shah, Masoomi Jhurmarvala and Dharmesh Kakkad at ICICI Prudential.
How is ICICI Prudential Global Advantage Fund (FOF) taxed?
ICICI Prudential Global Advantage Fund (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.