ICICI Prudential Asset Allocator Fund(FOF) Growth - Latest NAV ₹53.2361, Returns, Performance & Portfolio

ICICI Prudential Asset Allocator Fund(FOF) Growth

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Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 10.28 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years8.76%
5 Years6.84%
3 Years4.33%
1 Year-4.67%
6 Months-9.01%
Fund Details
RiskModerately High risk
Fund TypeFund of Funds
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
ICICI Pru Bluechip Dir Gr32.71%
ICICI Pru Value Discovery Dir Gr17.88%
ICICI Pru Multicap Dir Gr11.15%
ICICI Pru All Seasons Bond Dir Gr10.51%
ICICI Prudential India Opports Dir Gr6.07%
ICICI Pru Large & Mid Cap Dir Gr6.01%
ICICI Pru Floating Interest Dir Gr3.92%
ICICI Pru Banking & Fin Svcs Dir Gr3.82%
ICICI Pru Gilt Dir Gr2.18%
ICICI Pru Money Market Dir Gr1.09%

About ICICI Prudential Asset Allocator Fund

ICICI Prudential Asset Allocator Fund is an open-ended fund of fund scheme investing in a mix of equity, debt, and Gold ETFs. The scheme may invest all the capital in equity-oriented schemes or debt-oriented schemes based on the market conditions. However, it will invest only up to 50% capital in gold ETFs and up to 5% in debt and money market instruments. The fund strives to deliver long-term wealth creation. The fund was formerly known as ICICI Prudential Advisor Series – Conservative Fund.

Pros & Cons of ICICI Prudential Asset Allocator Fund

ICICI Prudential Asset Allocator Fund offers the following benefits:

  • The fund provides an efficient and effective method for investors to invest in other funds and increase their holdings in debt or equity fund based on the market conditions. This enables investors to generate higher returns than investing directly in other funds.
  • Notably, long-term fund returns are substantially higher than the average category returns.

Fund Information and Statistics of ICICI Prudential Asset Allocator Fund

Inception / Launch date

The ICICI Prudential Asset Allocator Fund was launched on December 18, 2003, by ICICI Prudential AMC.

Risk level

This scheme is a moderately high-risk bet and is suitable for wealth creation over a long-term investment horizon.


The units can be redeemed on any business day based on the NAV prices. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days.

Fund Manager

The fund is managed by jointly managed by Mr Manish Banthia since June 2017, Mr Dharmesh Kakkad since May 2018, and Mr Sankaran Naren since September 2018.

Entry / Exit load

The fund house does not charge any entry load or exit load if redeemed after a year of allotment. However, a 1% exit load is charged if redeemed within 1 year from the date of allotment.

Tax benefits of investing in ICICI Prudential Asset Allocator Fund

  • The Short-term capital gain tax according to the income tax slab of the investor would be applicable if sold before 36 months.
  • If the units are sold after 36 months, a long-term capital gain tax of 20% with indexation is levied.

About ICICI Prudential Mutual Fund

ICICI Prudential as the name suggests is a joint venture between ICICI and Prudential Plc. The fund house was started in 1998 in 2 locations and 6 employees. Today, it serves across 200 locations with 1913 employees and an investor base of 3 million. ICICI Prudential aims to simplify investing and help investors achieve their financial goals.

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Frequently Asked Questions

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Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 10.28 Lakhs in a period of 20 years
Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns