The present disclosure relates to an FCC catalyst additive comprising a zeolite, a binder and a clay, wherein the phosphorous content is in the form of P2O5 and colloidal silica as a binder. The FCC catalyst additive is characterized by absence of aluminum phosphate crystal phase and presence of at least one of the species of zeolite framework tetrahedral aluminum, zeolite framework distorted tetrahedral aluminum and non-framework octahedral aluminum. The present disclosure also relates to a process of the preparation of said FCC catalyst additive.
