ICICI Prudential Multi Asset Fund
Get the latest NAV of ICICI Prudential Multi Asset Fund. 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.
₹836.59
1D
NAV as on 31 Mar 2026
16.01%/per year
Since Inception
▲▼
54146 people have invested ₹ 80.9Cr in ICICI Prudential Multi Asset Fund in the last three months
ICICI Prudential Multi Asset Fund Performance vs. Multi Asset Allocation Index
Fund returns vs Benchmark returns vs Category Average returns as on (31-Mar-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 Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
ICICI Prudential Multi Asset Fund Asset Allocation
See fund asset allocation details as on (14-Mar-26)
Fund Distribution
as on (14-Mar-26)
ICICI Prudential Multi Asset Fund Sector Allocation
See fund sector allocation details as on (14-Mar-26)
Sector Allocation
Top 3 Sectors in February were Financial Services, Government & Corporate
Financial Services
30%
Government
21%
Corporate
18%
Financial Services
30%
Government
19%
Corporate
19%
ICICI Prudential Multi Asset Fund Holdings Details
as on (28-Feb-26)
ICICI Prudential Multi Asset Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.64% |
Benchmark | Nifty 200 TR INR |
| AUM | ₹83045 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5,000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 27.71% |
| Risk |   Very High Risk |
About ICICI Prudential Multi Asset 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
Sharmila D’mello
Fund Manager of ICICI Prudential Multi Asset Fund, since 31 July 2022
Akhil Kakkar
Fund Manager of ICICI Prudential Multi Asset Fund, since 22 January 2024
Ihab Dalwai
Fund Manager of ICICI Prudential Multi Asset Fund, since 3 June 2017
Sankaran Naren
Fund Manager of ICICI Prudential Multi Asset Fund, since 1 February 2012
Manish Banthia
Fund Manager of ICICI Prudential Multi Asset Fund, since 22 January 2024
Sri Sharma
Fund Manager of ICICI Prudential Multi Asset Fund, since 30 April 2021
Masoomi Jhurmarvala
Fund Manager of ICICI Prudential Multi Asset Fund, since 4 November 2024
Gaurav Chikane
Fund Manager of ICICI Prudential Multi Asset Fund, since 2 August 2021
- AUM of the fund stands at 83K Cr as of Feb'26
- AUM increased by 2.3K Cr between Feb'26 and Jan'26
Frequently Asked Questions for ICICI Prudential Multi Asset Fund
How do I invest in ICICI Prudential Multi Asset Fund?
- Download the INDmoney app.
- Search for ‘ICICI Prudential Multi Asset 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.