ICICI Prudential Multi Asset Allocation Fund Direct Plan Growth
Get the latest NAV of ICICI Prudential Multi Asset Allocation Fund Direct Plan Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹889.00
NAV as on 11 Sep 2026
15.99%/per year
Since Inception
▲▼
54358 people have invested ₹ 52.4Cr in ICICI Prudential Multi Asset Allocation Fund in the last three months
ICICI Prudential Multi Asset Allocation Fund Performance vs. Multi Asset Allocation Index
Fund returns vs Benchmark returns vs Category Average returns as on (11-Sep-26)
The fund has consistently outperformed the benchmark (Multi Asset Allocation Index) over the last 1Y, 3Y, 5Y time periods.
Peer comparison
ICICI Prudential Multi Asset Allocation Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
ICICI Prudential Multi Asset Allocation Fund Asset Allocation
See fund asset allocation details as on (15-Aug-26)
Fund Distribution
as on (15-Aug-26)
ICICI Prudential Multi Asset Allocation Fund Sector Allocation
See fund sector allocation details as on (15-Aug-26)
Sector Allocation
Top 3 Sectors in July were Financial Services, Corporate & Government
Financial Services
35%
Corporate
35%
Government
25%
Financial Services
34%
Corporate
31%
Government
25%
ICICI Prudential Multi Asset Allocation Fund Holdings Details
as on (31-Aug-26)
ICICI Prudential Multi Asset Allocation Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.82% |
Benchmark | Nifty 200 TR INR |
| AUM | ₹86785 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹500/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 27.71% |
| Risk |   Very High Risk |
About ICICI Prudential Multi Asset Allocation Fund
ICICI Prudential Multi Asset Fund is a hybrid mutual fund that invests at least 65% in equity and equity-related instruments, at least 10% in debt and money-market instruments and a minimum of 10% of its total assets in Gold ETF/Silver ETF/ ETCDs.
The fund is benchmarked against a custom blend. This includes:
Nifty 200 TRI (65%) + Nifty Composite Debt Index (25%) + Domestic Price of Gold (6%) + Domestic Price of Silver (1%) + iCOMDEX Composite Index (3%).
Investment Strategy
ICICI Prudential Multi-Asset Fund follows a counter-cyclical approach, which means it does the opposite of what most investors do. When markets are running high, the fund reduces exposure. When markets are down and valuations are attractive, it increases exposure.
This helps the fund buy low and sell high. What also works in its favour is its ability to diversify across asset classes, like equity, debt, gold, and more. This reduces the risk of being hit by any single market event and helps smooth returns over time.
Should I Invest In ICICI Prudential Multi Asset Fund?
ICICI Multi Asset Fund is suitable for investors who:
- Want to diversify in different asset classes
- Want to balance growth and stability
- Have a medium to long-term horizon
- Have a moderate to high-risk appetite
Allocation & Historical Returns
Fund Manager
Akhil Kakkar
Fund Manager of ICICI Prudential Multi Asset Allocation Fund, since 22 January 2024
Gaurav Chikane
Fund Manager of ICICI Prudential Multi Asset Allocation Fund, since 2 August 2021
Sharmila D’mello
Fund Manager of ICICI Prudential Multi Asset Allocation Fund, since 31 July 2022
Antariksha Banerjee
Fund Manager of ICICI Prudential Multi Asset Allocation Fund, since 15 June 2026
Manish Banthia
Fund Manager of ICICI Prudential Multi Asset Allocation Fund, since 22 January 2024
Masoomi Jhurmarvala
Fund Manager of ICICI Prudential Multi Asset Allocation Fund, since 4 November 2024
Sankaran Naren
Fund Manager of ICICI Prudential Multi Asset Allocation Fund, since 1 February 2012
- AUM of the fund stands at 86.8K Cr as of Jul'26
- AUM increased by 1.8K Cr between Jul'26 and Jun'26
Frequently Asked Questions for ICICI Prudential Multi Asset Allocation Fund Direct Plan Growth
How do I invest in ICICI Prudential Multi Asset Allocation Fund?
- Download the INDmoney app.
- Search for ‘ICICI Prudential Multi Asset Allocation Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.