SCHEME INFORMATION DOCUMENT ICICI Prudential Passive …

1 SCHEME INFORMATION DOCUMENT . ICICI Prudential Passive Multi-Asset Fund of Funds (An open ended fund of funds SCHEME investing in equity, debt, gold and global index funds/exchange traded funds). ICICI Prudential Passive Multi-Asset Fund of Funds is suitable for investors who are seeking*: Long term wealth creation An open ended fund of funds SCHEME investing in equity, debt, gold and global index funds/exchange traded funds *Investors should consult their financial advisers if in doubt about whether the product is suitable for them Benchmark of the SCHEME CRISIL Hybrid 50+50- Moderate Index (80%. weightage) + S&P Global 1200 Index (15% weightage). + Domestic Gold Price (5% weightage). Benchmark Riskometer as on November 30, 2021. The Benchmark Riskometer is at very high risk. Offer of Units of Rs. 10 each during the New Fund Offer and at NAV based prices on an ongoing basis. New Fund Offer Opens on: December 27, 2021. New Fund Offer Closes on: January 10, 2022.

2 *The AMC reserves the right to extend or pre close the New Fund Offer (NFO) period, subject to the condition that the NFO Period including the extension, if any, shall not be for more than 15 days or such period as allowed by SEBI. SCHEME will re-open for continuous Sale and Repurchase within 5 business days from the date of allotment. #It may be noted that the SCHEME risk-o-meter specified above is based on the SCHEME characteristics. The same shall be updated in accordance with provisions of SEBI circular dated October 5, 2020 on Product labelling in mutual fund schemes on ongoing basis. Name of Mutual Fund ICICI Prudential Mutual Fund Name of Asset Management Company ICICI Prudential Asset Management Company Limited SCHEME INFORMATION DOCUMENT ICICI Prudential Passive Multi-Asset Fund of Funds 1. Corporate Identity Number: U99999DL1993 PLC054135. Registered Office: Corporate Office: Central Service Office: 12th Floor, Narain One BKC 13th Floor, 2nd Floor, Block B-2, Nirlon Manzil, Bandra Kurla Complex, Knowledge Park, Western Express 23, Barakhamba Road, Mumbai - 400051.

3 Highway, Goregaon (East), Mumbai New Delhi 110 001 400 063. , email id: Name of Trustee Company ICICI Prudential Trust Limited Corporate Identity Number: U74899DL1993 PLC054134. Registered Office: 12th Floor, Narain Manzil, 23, Barakhamba Road, New Delhi 110 001. The particulars of ICICI Prudential Passive Multi-Asset Fund of Funds (the SCHEME ) has been prepared in accordance with the Securities and Exchange Board of India (Mutual Funds). Regulations 1996, (herein after referred to as SEBI (MF) Regulations) as amended till date, and filed with SEBI, along with a Due Diligence Certificate from the AMC. The units being offered for public subscription have not been approved or recommended by SEBI nor has SEBI certified the accuracy or adequacy of the SCHEME INFORMATION DOCUMENT . The SCHEME INFORMATION DOCUMENT sets forth concisely the INFORMATION about the SCHEME that a prospective investor ought to know before investing.

4 Before investing, investors should also ascertain about any further changes pertaining to the SCHEME such as features, load structure, etc. made to this SCHEME INFORMATION DOCUMENT by issue of addenda / notice after the date of this DOCUMENT from the AMC / Mutual Fund / Investor Service Centres /. Website / Distributors or Brokers. The investors are advised to refer to the Statement of Additional INFORMATION (SAI) for details of ICICI Prudential Mutual Fund, Tax and Legal issues and general INFORMATION on SAI is incorporated by reference (is legally a part of the SCHEME INFORMATION DOCUMENT ). For a free copy of the current SAI, please contact your nearest Investor Service Centre or log on to our website. The SCHEME INFORMATION DOCUMENT should be read in conjunction with the SAI and not in isolation. This SCHEME INFORMATION DOCUMENT is dated December 7, 2021. SCHEME INFORMATION DOCUMENT ICICI Prudential Passive Multi-Asset Fund of Funds 2.

5 TABLE OF CONTENTS. HIGHLIGHTS/SUMMARY OF THE SCHEME .. 5. I. 10. A. RISK FACTORS .. 10. B. REQUIREMENT OF MINIMUM INVESTORS IN THE SCHEME .. 21. C. SPECIAL CONSIDERATIONS, IF ANY .. 21. D. DEFINITIONS .. 23. E. DUE DILIGENCE BY THE ASSET MANAGEMENT 27. II. INFORMATION ABOUT THE 28. A. TYPE OF THE SCHEME .. 28. B. WHAT IS THE INVESTMENT OBJECTIVE OF THE SCHEME ? .. 28. WILL THE SCHEME ALLOCATE ITS ASSETS? .. 28. WILL THE SCHEME INVEST? .. 48. E. WHAT ARE THE INVESTMENT STRATEGIES? .. 49. F: FUNDAMENTAL ATTRIBUTES .. 52. G. HOW WILL THE SCHEME BENCHMARK ITS PERFORMANCE? .. 53. H. WHO MANAGES THE SCHEME ?.. 53. I. WHAT ARE THE INVESTMENT RESTRICTIONS? .. 57. J. HOW HAS THE SCHEME PERFORMED? .. 59. K. ADDITIONAL DISCLOSURES .. 59. L. COMPARISON BETWEEN THE SCHEMES .. 59. III. UNITS AND. OFFER .. 37. A. NEW FUND OFFER DETAILS .. 77. B. ONGOING OFFER DETAILS .. 91. C. PERIODIC 125. D. COMPUTATION OF NAV .. 130. IV. FEES AND EXPENSES.

6 131. A. NEW FUND OFFER (NFO) 131. B. ANNUAL SCHEME RECURRING EXPENSES .. 131. C. LOAD STRUCTURE .. 134. D. WAIVER OF LOAD FOR DIRECT APPLICATIONS .. 135. V. RIGHTS OF UNITHOLDERS .. 135. VI. PENALTIES, PENDING LITIGATION OR PROCEEDINGS, FINDINGS OF INSPECTIONS OR. INVESTIGATIONS FOR WHICH ACTION MAY HAVE BEEN TAKEN OR IS IN THE PROCESS. OF BEING TAKEN BY ANY REGULATORY AUTHORITY .. 135. SCHEME INFORMATION DOCUMENT ICICI Prudential Passive Multi-Asset Fund of Funds 3. ABBREVIATIONS. Abbreviations Particulars AMC ICICI Prudential Asset Management Company Limited AMFI Association of Mutual Funds in India AML Anti Money Laundering ARN AMFI Registration Number (Broker Code or Distributor Code). CAMS Computer Age Management Services Private Limited CDSL Central Depository Services (India) Limited TREPs Tri-Party Repos FFO Further Fund Offer NAV Net Asset Value NRI Non-Resident Indian SID SCHEME INFORMATION DOCUMENT RBI Reserve Bank of India SEBI or the Board Securities and Exchange Board of India The Fund or The Mutual Fund ICICI Prudential Mutual Fund The Trustee/ Trustees ICICI Prudential Trust Limited FPI Foreign Portfolio Investor ICICI Bank ICICI Bank Limited IMA Investment Management Agreement The Regulations Securities and Exchange Board of India (Mutual Funds).

7 Regulations, 1996, as amended from time to time. TRI Total Return Variant of the Index DP Depository Participant The SCHEME ICICI Prudential Passive Multi-Asset Fund of Funds & Plans and Options thereunder NFO New Fund Offer SAI Statement of Additional INFORMATION ISIN International Securities Identification Number IDCW Income Distribution cum capital withdrawal option IDCW Payout Payout of Income Distribution cum capital withdrawal option IDCW Reinvestment Reinvestment of Income Distribution cum capital withdrawal option IDCW Transfer Transfer of Income Distribution cum capital withdrawal option INTERPRETATION. For all purposes of this SID, except as otherwise expressly provided or unless the context otherwise requires: The terms defined in this SID include the plural as well as the singular. Pronouns having a masculine or feminine gender shall be deemed to include the other. All references to US$ refer to United States Dollars and ` refer to Indian Rupees.

8 A Crore means ten million and a Lakh means a hundred thousand . Words not defined here has the same meaning as defined in The Regulations . SCHEME INFORMATION DOCUMENT ICICI Prudential Passive Multi-Asset Fund of Funds 4. HIGHLIGHTS/SUMMARY OF THE SCHEME . Name of the SCHEME ICICI Prudential Passive Multi-Asset Fund of Funds Type of the SCHEME An open ended fund of funds SCHEME investing in equity, debt, gold and global index funds/exchange traded funds. Investment Objective ICICI Prudential Passive Multi-Asset Fund of Funds is a Fund of Funds SCHEME with the primary objective to generate returns by predominantly investing in passively managed funds launched in India and/or overseas. However, there can be no assurance or guarantee that the investment objective of the SCHEME would be achieved. Liquidity Being an open-ended SCHEME , units may be redeemed on every business day at NAV based prices. As per the regulations, the Fund shall dispatch redemption proceeds within 10 working days of receiving the redemption request.

9 Investors who hold units in any of the open-ended schemes of ICICI Prudential Mutual Fund (the Fund) may switch all or part of their holdings to the SCHEME on an ongoing basis. Benchmark The SCHEME 's performance is benchmarked against CRISIL Hybrid 50+50- Moderate Index (80% weightage) + S&P Global 1200. Index (15% weightage) + Domestic Gold Price (5% weightage). The Trustee reserves right to change the benchmark for performance of the SCHEME by suitable notification to the investors to this effect. Transparency / NAV The AMC will calculate and disclose the first NAV within 5. Disclosure business days from the date of allotment. Subsequently, the NAV. will be calculated and disclosed at the close of every Business Day. The AMC shall prominently disclose the NAV of all schemes under a separate head on the AMC's website and on the website of AMFI. NAV will be determined on every Business Day except in special circumstances.

10 NAV of the SCHEME shall be made available at all Customer Service Ce ntres of the AMC. In accordance with the SEBI circular no. SEBI/IMD/CIR /96576/2007, dated June 25, 2007, the NAV of the SCHEME shall be uploaded on the websites of the AMC ( ) and Association of Mutual Funds in India ( ) by of the following business day. In case of any delay, the reasons for such delay would be explained to AMFI and SEBI by the next day. If the NAVs are not available before commencement of business hours on the following day due to any reason, the Fund shall issue a press release providing reasons and explaining when the Fund would be able to publish the NAVs. In accordance with the SEBI circular no. SEBI/HO/IMD/DF3/CIR/P/2020/197, dated October 05, 2020 Risk-o- meter shall be evaluated on a monthly basis and Mutual Funds/AMCs shall disclose the Risk-o-meter along with portfolio disclosure for all their schemes on their respective website and on AMFI website within 10 days from the close of each month.