
ICICI Prudential Mutual Fund has announced changes in multiple FoF schemes, effective November 25, 2025.
1. Scheme name changes:
| Existing Scheme Name | New Scheme Name |
|---|---|
| ICICI Prudential Income plus Arbitrage Active FOF | ICICI Prudential Income plus Arbitrage Omni FOF |
| ICICI Prudential India Equity FOF | ICICI Prudential Diversified Equity All Cap Omni FOF |
| ICICI Prudential Asset Allocator Fund (FOF) | ICICI Prudential Dynamic Asset Allocation Active FOF |
| ICICI Prudential Debt Management Fund (FOF) | ICICI Prudential Diversified Debt Strategy Active FOF |
| ICICI Prudential Passive Strategy Fund (FOF) | ICICI Prudential Multi Sector Passive FOF |
2. Other key changes:
ICICI Prudential Asset Allocator Fund (FOF)
- The updated investment objective of the scheme is to generate capital appreciation by investing dynamically in units of active equity and debt oriented mutual funds. Earlier, it also invested in gold, apart from equity & debt.
ICICI Prudential Debt Management Fund (FOF)
- The benchmark of the scheme has changed from 'CRISIL Composite Bond Index' to 'Nifty Composite Debt Index A-III'.
ICICI Prudential Passive Strategy Fund (FOF)
- The updated investment objective is to generate capital appreciation by investing in units of passive domestic sector/multi sector based Equity Oriented Exchange Traded Funds (ETFs).
- The benchmark of the scheme has changed from 'Nifty 200 TRI' to 'Nifty 500 TRI'.
As per the regulatory requirements, unitholders have been given an exit window from November 10, 2025 to November 25, 2025. Investors who do not consent to these changes have an option to either switch or redeem their investments without paying any exit load during the period. No action is required to be taken by investors who don't have any objection to the proposed changes.