MonitorDirect · GrowthWatch before adding
ICICI Prudential Nifty Alpha Low - Volatility 30 ETF FOF
ICICI Prudential Mutual FundOther Scheme - FoF Domestic5.1 years
The scheme seeks to generate returns by investing in units of ICICI Prudential Alpha Low Vol 30 ETF.
- NAV
- 14.1237
- 30 Oct 2026
- 1Y
- -7.8%
- Trailing CAGR
- AUM
- ₹749 Cr
- 30 Sept 2026
- Volatility
- Medium
- 13.1% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 60% of rolling 3-year windows.
Prefer peers if · Prefer Kotak Multi Asset Omni FOF if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
5.1 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.11% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -25.1%. Ask whether you can hold through a similar fall.
Vs category
Pass
60% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Venus Ahuja · 1.0 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 100.0% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-7.8%
- 3Y+8.9%
- 5Y+8.0%
- 10Yn/a
- SI+7.0%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-8.4%
- 3Y-2.4%
- 5Y+6.1%
- 10Yn/a
- Since inception
- +7.0%
- Calendar-day CAGR
- Excess 1Y
- -11.7%
- Category median, same plan and option
- 3Y win rate
- +60%
- Windows beating the median
- 3Y percentile
- 25
- Vs comparable share classes
- SIP 3Y XIRR
- -2.4%
- Simulated monthly SIP
- Worst rolling 3Y
- +7.3%
- 519 daily-ending windows
- Median rolling 3Y
- +16.0%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 27 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -25.1%
- Worst peak-to-trough
- Current
- -20.4%
- Below last peak
- Current spell
- 762 days
- Days below latest peak
- Time below peak
- +90%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 14 days
- 37 recovered episodes
- Longest recovery
- 347 days
- Trough to prior peak
27 Sept 2024 – open
Trough 28 Feb 2025 · not recovered
-25.1%
24 Sept 2021 – 30 May 2023
Trough 17 Jun 2022 · recovered in 347 days
-19.7%
18 Sept 2023 – 6 Nov 2023
Trough 26 Oct 2023 · recovered in 11 days
-3.9%
7 Mar 2024 – 28 Mar 2024
Trough 19 Mar 2024 · recovered in 9 days
-3.8%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
26
Vs category
0
Consistency
50
Risk-adjusted
32
Drawdown
37
Mean
29
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Supporting reads
- The fund beat the category median in 60% of rolling 3-year windows.
Portfolio
30 Sept 2026 · 2 holdings · top 10 are 100.0%.
- Top 5
- 100.0%
- Top 10
- 100.0%
- Largest holding
- 100.0%
- Effective holdings
- 1.0
ICICI Prudential Nifty Alpha Low - Volatility 30 ETF - Growth
Unspecified
100.0%
Repo
Unspecified
0.1%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
29 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
28 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
27 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
26 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
19 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
16 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
24 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Kotak Multi Asset Omni FOF
Kotak Mahindra Mutual Fund
- 1Y
- -2.9%
- 3Y
- +13.2%
- Vol
- 10.3%
- Max DD
- -22.8%
- Sharpe
- 0.84
- 3Y win
- +98%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
ICICI Prudential Dynamic Asset Allocation Active FOF- Dividend
ICICI Prudential Mutual Fund
- 1Y
- -2.0%
- 3Y
- +9.9%
- Vol
- 9.1%
- Max DD
- -26.4%
- Sharpe
- 0.66
- 3Y win
- +85%
- Lower volatility
- Higher win rate vs category
- Higher trailing returns
Caveat: Deeper drawdown · Higher TER
LIC MF Gold ETF Fund of Fund
LIC Mutual Fund
- 1Y
- +16.5%
- 3Y
- +30.8%
- Vol
- 23.5%
- Max DD
- -24.5%
- Sharpe
- 1.00
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Higher TER
Motilal Oswal Asset Allocation Fund of Fund- Conservative
Motilal Oswal Mutual Fund
- 1Y
- +2.7%
- 3Y
- +12.8%
- Vol
- 8.3%
- Max DD
- -12.1%
- Sharpe
- 0.58
- 3Y win
- +20%
- Lower volatility
- Shallower drawdown
- Lower TER
- Higher trailing returns
ICICI Prudential Income plus Arbitrage Omni FOF
ICICI Prudential Mutual Fund
- 1Y
- +5.1%
- 3Y
- +9.1%
- Vol
- 5.8%
- Max DD
- -14.0%
- Sharpe
- 0.62
- 3Y win
- +24%
- Lower volatility
- Shallower drawdown
- Higher trailing returns