Groww Multi Asset Omni FOF vs ICICI Prudential Dynamic Asset Allocation Active FOF
Direct Plan, Growth option · Data as on 29-10-2026
Groww Multi Asset Omni FOF is a Fund of Funds fund and ICICI Prudential Dynamic Asset Allocation Active FOF is a Fund of Funds fund. Groww Multi Asset Omni FOF charges 0.22% a year and ICICI Prudential Dynamic Asset Allocation Active FOF 0.41% (Direct plans). Their portfolios overlap 10.2%: they hold 2 of the same securities.
ICICI Prudential Dynamic Asset Allocation Active FOF
Fund of Funds
- Expense ratio
- 0.41%
- NAV
- ₹134.62
Which is better, Groww Multi Asset Omni FOF or ICICI Prudential Dynamic Asset Allocation Active FOF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Groww Multi Asset Omni FOF costs less: 0.22% a year against 0.41% (Direct plans).
- ICICI Prudential Dynamic Asset Allocation Active FOF fell less in its worst fall since 24-12-2025: −7.9% against −11.2%.
- ICICI Prudential Dynamic Asset Allocation Active FOF is the larger fund: ₹27,321 Cr against ₹75 Cr.
- Their portfolios overlap 10.2%: 2 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Groww Multi Asset Omni FOF | ICICI Prudential Dynamic Asset Allocation Active FOF |
|---|---|---|
| Fund house | Groww Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Fund of Funds | Fund of Funds |
| AUM | ₹75 Cr (30-09-2026) | ₹27,321 Cr (30-09-2026) |
| NAV | ₹9.92 (Direct) | ₹134.62 (Direct) |
| Expense ratio (Direct) | 0.22% | 0.41% |
| Expense ratio (Regular) | 1.24% | 1.35% |
| Riskometer | Very High | Not available |
| Benchmark | 65% Nifty 500 TRI + 25% CRISIL Composite Bond Fund Index + 5% Domestic Gold Prices + 5% Domestic Silver Prices | CRISIL Hybrid 50+50 - Moderate Index |
| Launch date | 22-12-2025 | 18-12-2003 |
| Minimum investment | ₹500 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Paras Matalia, Wilfred Gonsalaves, Shashi Kumar | Dharmesh Kakkad, Manish Banthia, Ritesh Lunawat, Sharmila D'Silva |
| Exit load | Nil | Exit Load for units in excess of 30% of the investment,1% will be charged for redemption within 1 year. |
Groww Multi Asset Omni FOF vs ICICI Prudential Dynamic Asset Allocation Active FOF: Returns Comparison
Returns as on 29-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Groww Multi Asset Omni FOF (Direct) | −1.95% | −4.01% | −0.96% | -- | -- | -- | -- |
| ICICI Prudential Dynamic Asset Allocation Active FOF (Direct) | −0.51% | −3.72% | −0.96% | −2.07% | +10.07% | +10.17% | +11.85% |
Groww Multi Asset Omni FOF vs ICICI Prudential Dynamic Asset Allocation Active FOF: Year-wise Returns
| Year | Groww Multi Asset OmniGroww Multi Asset Omni FOF | ICICI Prudential Dynamic Asset Allocation ActiveICICI Prudential Dynamic Asset Allocation Active FOF |
|---|---|---|
| 2026to date | −0.85% | −2.73% |
| 2025 | -- | +11.51% |
| 2024 | -- | +14.68% |
| 2023 | -- | +19.54% |
| 2022 | -- | +9.49% |
| 2021 | -- | +18.07% |
Groww Multi Asset Omni FOF vs ICICI Prudential Dynamic Asset Allocation Active FOF: Rolling Returns
Every holding period of both funds
Groww Multi Asset Omni FOF vs ICICI Prudential Dynamic Asset Allocation Active FOF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Groww Multi Asset Omni FOF (Direct) | ICICI Prudential Dynamic Asset Allocation Active FOF (Direct) |
|---|---|---|
| Return (CAGR) | −1.21% | +11.72% |
| Standard deviation | 14.66% | 8.95% |
| Sharpe ratio | -0.44 | 0.63 |
| Sortino ratio | -0.60 | 0.87 |
| Maximum drawdown | −11.2% (23-03-2026) | −26.4% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 24-12-2025 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Groww Multi Asset Omni FOF (Direct)
ICICI Prudential Dynamic Asset Allocation Active FOF (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Groww Multi Asset Omni FOF (Direct) | −11.2% | 11-02-2026 | 23-03-2026 | 07-05-2026 | 45 days | −7.1% |
| ICICI Prudential Dynamic Asset Allocation Active FOF (Direct) | −7.9% | 02-01-2026 | 30-03-2026 | 03-07-2026 | 3 months | −4.8% |
From daily values since 24-12-2025, the first day every fund has.
Groww Multi Asset Omni FOF vs ICICI Prudential Dynamic Asset Allocation Active FOF: Portfolio Overlap
From each fund's latest monthly portfolio: Groww Multi Asset Omni FOF, September 2026; ICICI Prudential Dynamic Asset Allocation Active FOF, September 2026
Holdings in common
- Overlap
- 10.2%
- Held by both
- 2
- Only in Groww Multi Asset Omni FOF
- 13
- Only in ICICI Prudential Dynamic Asset Allocation Active FOF
- 26
| Security | % of Groww Multi Asset Omni FOF | % of ICICI Prudential Dynamic Asset Allocation Active FOF |
|---|---|---|
| ICICI Prudential Mutual Fund | 13.78% | 9.02% |
| ICICI Prudential Mutual Fund | 4.18% | 1.15% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 10.2% means 10.2% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Groww Multi Asset Omni FOF
| Security | % of fund |
|---|---|
| HDFC Mutual Fund | 14.59% |
| Motilal Oswal Mutual Fund | 13.12% |
| Invesco Mutual Fund | 10.01% |
| Kotak Mahindra Mutual Fund | 9.82% |
| HDFC Mutual Fund | 6.64% |
Largest holdings only in ICICI Prudential Dynamic Asset Allocation Active FOF
| Security | % of fund |
|---|---|
| ICICI Prudential Value Fund - Direct Plan - Growth | 14.17% |
| ICICI Prudential Dynamic Term Fund - Direct Plan - Growth | 9.98% |
| ICICI Prudential Gilt Fund - Direct Plan - Growth | 6.23% |
| ICICI Prudential Focused Fund - Direct - Growth | 6.07% |
| ICICI Prudential Innovation Fund - Direct Plan - Growth | 5.29% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Groww Multi Asset Omni FOF | ICICI Prudential Dynamic Asset Allocation Active FOF |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 100.0% | 100.0% |
Groww Multi Asset Omni FOF vs ICICI Prudential Dynamic Asset Allocation Active FOF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Groww Multi Asset Omni FOF | ICICI Prudential Dynamic Asset Allocation Active FOF |
|---|---|---|
| Total expense ratio (Direct) | 0.22% | 0.41% |
| Base expense ratio (Direct) | 0.19% | 0.34% |
| Total expense ratio (Regular) | 1.24% | 1.35% |
| Base expense ratio (Regular) | 1.11% | 1.15% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
Groww Multi Asset Omni FOF vs ICICI Prudential Dynamic Asset Allocation Active FOF: Frequently Asked Questions
What is the difference between Groww Multi Asset Omni FOF and ICICI Prudential Dynamic Asset Allocation Active FOF?
Groww Multi Asset Omni FOF is a Fund of Funds fund, ICICI Prudential Dynamic Asset Allocation Active FOF is a Fund of Funds fund, run by Groww Mutual Fund and ICICI Prudential Mutual Fund. Their portfolios overlap 10.2%. Groww Multi Asset Omni FOF charges 0.22% a year and ICICI Prudential Dynamic Asset Allocation Active FOF 0.41%.
Which has the lower expense ratio, Groww Multi Asset Omni FOF or ICICI Prudential Dynamic Asset Allocation Active FOF?
Groww Multi Asset Omni FOF charges less: 0.22% a year against 0.41%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Groww Multi Asset Omni FOF and ICICI Prudential Dynamic Asset Allocation Active FOF overlap?
10.2%. They hold 2 of the same securities, the largest shared ones being ICICI Prudential Mutual Fund, ICICI Prudential Mutual Fund. From each fund's latest monthly portfolio.
Can I invest in both Groww Multi Asset Omni FOF and ICICI Prudential Dynamic Asset Allocation Active FOF?
Yes. 10.2% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Groww Multi Asset Omni FOF and ICICI Prudential Dynamic Asset Allocation Active FOF?
Groww Multi Asset Omni FOF: Paras Matalia, Wilfred Gonsalaves, Shashi Kumar. ICICI Prudential Dynamic Asset Allocation Active FOF: Dharmesh Kakkad, Manish Banthia, Ritesh Lunawat, Sharmila D'Silva.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.