Star fund manager S Naren will exit the management team of ICICI Prudential Dynamic Asset Allocation Active FOF on January 1, 2026. He has managed the fund since September 2018, overseeing its growth from Rs 6.20 crore to Rs 28,974 crore by November 2025, with a CAGR of 12.66% during his tenure. New managers will take over the fund, while Naren continues to manage ten other ICICI Prudential funds.