It stars an ensemble cast including Vice Ganda, Bela Padilla, Richard Gutierrez, Jaclyn Jose, and Dingdong Dantes.

[2] This also marked the last film appearance of comedian Chokoleit, who died after suffering a fatal heart attack in Bangued, Abra on March 9, 2019, at the age of 48.

[3] Kleia Blythe, the proprietor of a struggling carnival named Perya Wurtzbach (a pun on Pia Wurtzbach), is tasked by a princess Sxia Blythe to find three princesses of the knight's land Fantastica.

Zsarlene B. Chua of BusinessWorld praised the opening sequence by El Gamma Penumbra, fourth wall-breaking jokes and the film's parodies of various drama films, but viewed Vice's continued reliance on insult comedy and innuendos as stale and repetitive, saying "The movie's premise and sheer starpower guarantee the film will be a blockbuster, but if you're expecting something new from Mr. Viceral's yearly MMFF entry, you're bound to be disappointed as it is more of the same: innuendos (which makes one question why it's rated PG) and his usual insult comedy."

Magbanua also noted that Fantastica could have incorporated more carnival elements to further justify the film's narrative.