ICICI Prudential Passive Strategy Fund(FOF) Reinvestment of Income Dist cum Cap Wdrl

ICICI Prudential Passive Strategy Fund(FOF) Reinvestment of Income Dist cum Cap Wdrl is a hybrid fund. This fund was started on 18 December, 2003. The fund is managed by Dharmesh Kakkad, Sankaran Naren. This fund gives you the benefit of diversification.

1. ICICI Prudential Passive Strategy Fund(FOF) Reinvestment of Income Dist cum Cap Wdrl has ₹194 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 0.7.
   

ICICI Prudential Passive Strategy Fund(FOF) Reinvestment of Income Dist cum Cap Wdrl has given a CAGR return of 13.82% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.21%, 22.56% and 23.41% respectively.

ICICI Prudential Passive Strategy Fund(FOF) Reinvestment of Income Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Defensive, Energy, Health, Tech, Consumer Cyclical, Utilities, Basic Materials, Industrial, Communication, Real Estate.

As it is a fund of funds mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The primary objective of the Scheme is to generate capital appreciation primarily from a portfolio that is invested in Exchange Traded Funds. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. ICICI Prudential Passive Strategy Fund(FOF) Reinvestment of Income Dist cum Cap Wdrl has no lock in period.