The invention discloses a photocureable magnetic-conductive and light-conductive pressure-sensitive adhesive, an adhesive tape and a preparation method of adhesive tape. The pressure-sensitive adhesive comprises the following components in parts by weight: 30-40 parts of modified functional resin, 60-80 parts of aliphatic epoxy modified acrylate resin, 5-15 parts of functional monomer, 10-30 partsof diluent, 0.5-1 part of photoinitiator, 5-10 parts of light-conductive filler, 8-12 parts of magnetic-conductive filler, 1-3 parts of rheological agent, 0.5-1.8 parts of leveling agent, 1-2.5 partsof dispersant, 0.8-2.4 parts of coupling agent, 1-3 parts of a defoaming, 0.2-1 part of a chain transfer agent and 20-50 parts of tackifying resin. The light-conductive and magnetic-conductive adhesive disclosed by the invention has the advantages of excellent light-conducting property and magnetic-conducting property, light crosslinking, easy adhesion, easy stripping and certain temperature resistance, and can be widely applied to adhesion of various products needing light conduction and magnetic conduction.