Two of the largest Multi Asset Allocation funds side by side: returns, risk, cost, size and what they hold. Prices as of 2 Nov 2026.
Past returns do not tell you future returns.
| ICICI Prudential Multi Asset Allocation Fund ICICI Prudential | SBI Multi Asset Allocation Fund SBI | |
|---|---|---|
| Returns | ||
| 1 year | -3.0% | +1.7% |
| 3 years, a year | +12.1% | +12.7% |
| 5 years, a year | +13.1% | +11.4% |
| Since launch, a year | +13.7% | +9.3% |
| 3-year rank in category | 11 of 15 | 7 of 15 |
| Benchmark, 3 years | — | +12.5% |
| Risk | ||
| Risk level | Very High | Very High |
| How bumpy, last year | 10.5% | 9.3% |
| Biggest fall, 3 years | -9.6% | -8.7% |
| Sharpe ratio, 3 years | 0.74 | 0.84 |
| Beta | — | — |
| Alpha, a year | — | — |
| Cost and size | ||
| Yearly cost (expense ratio) | 1.43% | 1.38% |
| Money in the fund | ₹83,186 cr | ₹20,828 cr |
| Running for | 24.0 years | 21.0 years |
| Minimum SIP | ₹250 | — |
| Benchmark | Nifty 200 TRI (65%) + Nifty Composite Debt Index (25%) + Domestic Price of Gold (6%) + Domestic Price of Silver (1%) + iCOMDEX Composite Index (3%) | 45% BSE 500 TRI + 40% Crisil Composite Bond Fund Index + 10% Domestic Prices of Gold + 5% Domestic Prices of Silver. |
Past returns do not indicate future returns. Each fund page has the full detail.
The five largest holdings of each, from the latest monthly portfolios
Overlap is the part of the two portfolios that is the same, by weight: 100% would be identical.
What they share, by industry and sector
| Holding | ICICI Prudential | SBI |
|---|---|---|
| HDFC Bank Ltd. | 6.1% | 1.8% |
| ICICI Bank Ltd. | 3.6% | 1.5% |
| Kotak Mahindra Bank Ltd. | 1.3% | 1.3% |
| Axis Bank Ltd. | 2.3% | 1.1% |
| Reliance Industries Ltd. | 3.2% | 1.0% |
| Bajaj Finserv Ltd. | 2.5% | 0.9% |
| Oil & Natural Gas Corporation Ltd. | 0.7% | 1.2% |
| EMBASSY OFFICE PARKS REIT | 0.5% | 2.0% |
| ITC Ltd. | 1.6% | 0.5% |
| Muthoot Finance Ltd. | 0.4% | 0.5% |
Both are Multi Asset Allocation funds, from ICICI Prudential and SBI. ICICI Prudential Multi Asset Allocation Fund manages ₹83,186 cr and SBI Multi Asset Allocation Fund ₹20,828 cr. The table on this page sets out their returns, risk, costs and holdings side by side.
SBI Multi Asset Allocation Fund, at 1.38% a year, against 1.43% for ICICI Prudential Multi Asset Allocation Fund.
Over three years, ICICI Prudential Multi Asset Allocation Fund returned +12.1% a year and SBI Multi Asset Allocation Fund +12.7% a year. Over one year they returned -3.0% and +1.7%. Past returns do not indicate future returns.
They hold 14.1% of the same investments, 33.9% of the same industries and 40.1% of the same sectors, by weight, in their latest monthly portfolios.
To set a third or fourth fund alongside, open these two in Compare and add more.