MUTUAL FUNDS
ICICI Prudential MF introduces Dynamic Asset Allocation Passive FOF
Aug-26-2026

ICICI Prudential Mutual Fund has launched ICICI Prudential Dynamic Asset Allocation Passive FOF, an open-ended fund of funds scheme investing dynamically in units of passive equity and debt-oriented schemes.

The NFO opens for subscription on August 26, 2026 and closes on September 09, 2026. No Entry Load will be charged for the scheme. The Exit load: If units purchased or switched in from another scheme of the Fund are redeemed or switched out up to 30% of the units (the limit) purchased or switched within 1 year from the date of allotment - Nil; If units purchased or switched in from another scheme of the Fund are redeemed or switched out upto 12 months 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 after 12 months from the date of allotment - Nil. The minimum subscription amount is Rs 1000/- plus in multiple of Re 1.

The performance of the Scheme will be benchmarked against CRISIL Hybrid 50+50 Moderate Index and its fund managers are Manish Banthia, Manan Tijoriwala, Ritesh Lunawat, Sharmila D'Silva and Nishit Patel.

The investment objective of this scheme is to generate capital appreciation primarily from a portfolio that is invested in units of passive equity oriented and debt-oriented schemes. 

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