ICICI Prudential Dynamic Asset Allocation Passive FOF vs ICICI Prudential Passive Multi-Asset Fund of Funds
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential Dynamic Asset Allocation Passive FOF is a Fund of Funds fund and ICICI Prudential Passive Multi-Asset Fund of Funds is a Fund of Funds fund. ICICI Prudential Dynamic Asset Allocation Passive FOF charges 0.69% a year and ICICI Prudential Passive Multi-Asset Fund of Funds 0.21% (Direct plans). Their portfolios overlap 21.8%: they hold 5 of the same securities.
ICICI Prudential Dynamic Asset Allocation Passive FOF
Fund of Funds
- Expense ratio
- 0.69%
- NAV
- ₹9.78
ICICI Prudential Passive Multi-Asset Fund of Funds
Fund of Funds
- Expense ratio
- 0.21%
- NAV
- ₹16.65
Which is better, ICICI Prudential Dynamic Asset Allocation Passive FOF or ICICI Prudential Passive Multi-Asset Fund of Funds? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- ICICI Prudential Passive Multi-Asset Fund of Funds costs less: 0.21% a year against 0.69% (Direct plans).
- ICICI Prudential Passive Multi-Asset Fund of Funds fell less in its worst fall since 16-09-2026: −3.1% against −4.4%.
- ICICI Prudential Passive Multi-Asset Fund of Funds holds 27.3% of the fund in foreign stocks; ICICI Prudential Dynamic Asset Allocation Passive FOF 0.0%.
- ICICI Prudential Passive Multi-Asset Fund of Funds is the larger fund: ₹1,450 Cr against ₹17 Cr.
- Their portfolios overlap 21.8%: 5 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 | ICICI Prudential Dynamic Asset Allocation Passive FOF | ICICI Prudential Passive Multi-Asset Fund of Funds |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Fund of Funds | Fund of Funds |
| AUM | ₹17 Cr (30-09-2026) | ₹1,450 Cr (30-09-2026) |
| NAV | ₹9.78 (Direct) | ₹16.65 (Direct) |
| Expense ratio (Direct) | 0.69% | 0.21% |
| Expense ratio (Regular) | Not available | 0.59% |
| Riskometer | Not available | Not available |
| Benchmark | CRISIL Hybrid 50+50 - Moderate Index | 80% CRISIL Hybrid 50+50- Moderate Index + 15% S&P Global 1200 Index + 5% Domestic Gold Price |
| Launch date | 15-09-2026 | 14-01-2022 |
| Minimum investment | ₹1,000 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Manish Banthia, Manan Tijoriwala, Ritesh Lunawat, Sharmila D’silva, Nishit Patel | Manish Banthia, Nishit Patel, Ritesh Lunawat, Sharmila D'silva |
| Exit load | • NIL - If units purchased or switched in from another scheme of the Fund are redeemed or switched out upto 30% of the units (the limit) purchased or switched within 1 year from the date of allotment. • 1% of the applicable NAV - If units purchased or switched in from another scheme of the Fund are redeemed or switched out in excess of the limit within 12 months from the date of allotment. • NIL - If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 1 Year from the date of allotment. The Trustees shall have a right to prescribe or modify the exit load structure with prospective effect subject to a maximum prescribed under the Regulations. For more details, refer section on ‘Load structure’. | If the amount sought to be redeemed or switched out up to 12 months from allotment: 1.00% of applicable NAV . If the amount sought to be redeemed or switched out more than 12 months from allotment: Nil. |
ICICI Prudential Dynamic Asset Allocation Passive FOF vs ICICI Prudential Passive Multi-Asset Fund of Funds: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| ICICI Prudential Dynamic Asset Allocation Passive FOF (Direct) | −0.51% | -- | -- | -- | -- | -- | -- |
| ICICI Prudential Passive Multi-Asset Fund of Funds (Direct) | −0.26% | −2.13% | +0.05% | +2.79% | +13.42% | -- | -- |
ICICI Prudential Dynamic Asset Allocation Passive FOF vs ICICI Prudential Passive Multi-Asset Fund of Funds: Year-wise Returns
| Year | Dynamic Asset Allocation Passive FOFICICI Prudential Dynamic Asset Allocation Passive FOF | Passive Multi-Asset Fund of FundsICICI Prudential Passive Multi-Asset Fund of Funds |
|---|---|---|
| 2026to date | -- | +1.11% |
| 2025 | -- | +18.70% |
| 2024 | -- | +11.08% |
| 2023 | -- | +17.77% |
ICICI Prudential Dynamic Asset Allocation Passive FOF vs ICICI Prudential Passive Multi-Asset Fund of Funds: Rolling Returns
Every holding period of both funds
ICICI Prudential Dynamic Asset Allocation Passive FOF vs ICICI Prudential Passive Multi-Asset Fund of Funds: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Dynamic Asset Allocation Passive FOF (Direct) | ICICI Prudential Passive Multi-Asset Fund of Funds (Direct) |
|---|---|---|
| Return (CAGR) | −17.16% | +11.18% |
| Standard deviation | 9.91% | 6.69% |
| Sharpe ratio | -2.29 | 0.79 |
| Sortino ratio | -3.05 | 1.13 |
| Maximum drawdown | −4.4% (23-10-2026) | −7.4% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 16-09-2026 to 30-10-2026. 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.
ICICI Prudential Dynamic Asset Allocation Passive FOF
ICICI Prudential Passive Multi-Asset Fund of Funds (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential Dynamic Asset Allocation Passive FOF | −4.4% | 21-09-2026 | 23-10-2026 | Not yet | -- | −2.8% |
| ICICI Prudential Passive Multi-Asset Fund of Funds (Direct) | −3.1% | 22-09-2026 | 23-10-2026 | Not yet | -- | −2.3% |
From daily values since 16-09-2026, the first day every fund has.
ICICI Prudential Dynamic Asset Allocation Passive FOF vs ICICI Prudential Passive Multi-Asset Fund of Funds: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Dynamic Asset Allocation Passive FOF, September 2026; ICICI Prudential Passive Multi-Asset Fund of Funds, September 2026
Holdings in common
- Overlap
- 21.8%
- Held by both
- 5
- Only in ICICI Prudential Dynamic Asset Allocation Passive FOF
- 0
- Only in ICICI Prudential Passive Multi-Asset Fund of Funds
- 15
| Security | % of ICICI Prudential Dynamic Asset Allocation Passive FOF | % of ICICI Prudential Passive Multi-Asset Fund of Funds |
|---|---|---|
| ICICI Prudential Nifty Private Bank ETF | 23.33% | 10.85% |
| ICICI Prudential Nifty 10 Year Benchmark G-Sec ETF | 28.72% | 5.99% |
| ICICI Prudential Nifty Auto ETF | 15.41% | 2.69% |
| ICICI Prudential Nifty Healthcare ETF | 15.09% | 1.41% |
| ICICI Prudential Nifty 50 ETF | 12.49% | 0.85% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 21.8% means 21.8% 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 ICICI Prudential Dynamic Asset Allocation Passive FOF
Every holding of this fund is also held by the other.
Largest holdings only in ICICI Prudential Passive Multi-Asset Fund of Funds
| Security | % of fund |
|---|---|
| ICICI Pru Nifty PSU Bond Plus SDL Sep 2027 40:60 Index Fund-Direct-Growth | 20.39% |
| ICICI Prudential Nifty Infrastructure ETF | 3.90% |
| ICICI Prudential Nifty Bank ETF | 3.79% |
| ICICI Prudential Nifty Oil & Gas ETF | 3.66% |
| ICICI Prudential Nifty IT ETF | 3.39% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Dynamic Asset Allocation Passive FOF | ICICI Prudential Passive Multi-Asset Fund of Funds |
|---|---|---|
| Equity | 0.0% | 27.3% |
| Debt | 0.0% | 0.0% |
| Cash and others | 100.0% | 72.7% |
Market cap of stocks
| Market cap | ICICI Prudential Dynamic Asset Allocation Passive FOF | ICICI Prudential Passive Multi-Asset Fund of Funds |
|---|---|---|
| Large Cap | -- | 0.0% |
| Mid Cap | -- | 0.0% |
| Small Cap | -- | 0.0% |
| Foreign stocks | -- | 27.3% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | ICICI Prudential Dynamic Asset Allocation Passive FOF | ICICI Prudential Passive Multi-Asset Fund of Funds |
|---|---|---|
| Financial Services | 0.0% | 24.5% |
| Aerospace & Defense | 0.0% | 2.8% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Dynamic Asset Allocation Passive FOF vs ICICI Prudential Passive Multi-Asset Fund of Funds: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Dynamic Asset Allocation Passive FOF | ICICI Prudential Passive Multi-Asset Fund of Funds |
|---|---|---|
| Total expense ratio (Direct) | 0.69% | 0.21% |
| Base expense ratio (Direct) | 0.07% | 0.17% |
| Total expense ratio (Regular) | Not available | 0.59% |
| Base expense ratio (Regular) | 0.22% | 0.49% |
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.
ICICI Prudential Dynamic Asset Allocation Passive FOF vs ICICI Prudential Passive Multi-Asset Fund of Funds: Frequently Asked Questions
What is the difference between ICICI Prudential Dynamic Asset Allocation Passive FOF and ICICI Prudential Passive Multi-Asset Fund of Funds?
ICICI Prudential Dynamic Asset Allocation Passive FOF is a Fund of Funds fund, ICICI Prudential Passive Multi-Asset Fund of Funds is a Fund of Funds fund, run by ICICI Prudential Mutual Fund. Their portfolios overlap 21.8%. ICICI Prudential Dynamic Asset Allocation Passive FOF charges 0.69% a year and ICICI Prudential Passive Multi-Asset Fund of Funds 0.21%.
Which has the lower expense ratio, ICICI Prudential Dynamic Asset Allocation Passive FOF or ICICI Prudential Passive Multi-Asset Fund of Funds?
ICICI Prudential Passive Multi-Asset Fund of Funds charges less: 0.21% a year against 0.69%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential Dynamic Asset Allocation Passive FOF and ICICI Prudential Passive Multi-Asset Fund of Funds overlap?
21.8%. They hold 5 of the same securities, the largest shared ones being PVTBANIETF, GSEC10IETF, AUTOIETF. From each fund's latest monthly portfolio.
Can I invest in both ICICI Prudential Dynamic Asset Allocation Passive FOF and ICICI Prudential Passive Multi-Asset Fund of Funds?
Yes. 21.8% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages ICICI Prudential Dynamic Asset Allocation Passive FOF and ICICI Prudential Passive Multi-Asset Fund of Funds?
ICICI Prudential Dynamic Asset Allocation Passive FOF: Manish Banthia, Manan Tijoriwala, Ritesh Lunawat, Sharmila D’silva, Nishit Patel. ICICI Prudential Passive Multi-Asset Fund of Funds: Manish Banthia, Nishit Patel, 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.