The invention discloses grass carp feed and a preparation method thereof, and belongs to the technical field of feed preparation. The grass carp feed is prepared from the following raw materials in parts by weight: 38 to 46 parts of corn, 30 to 38 parts of soybean pulp, 24 to 30 parts of rice bran, 22 to 28 parts of rapeseed cake, 15 to 20 parts of leaves of asparagus lettuce, 8 to 12 parts of beer yeast, 4 to 8 parts of a mineral element additive and 6 to 10 parts of a Chinese herbal medicine additive. According to the grass carp feed disclosed by the invention, the preparation method is simple, the source of the raw materials is wide, the formula is reasonable, the nutritional value is high, the requirements of growth of the grass carp can be fully met, rapid growth of the grass carp can be promoted, and manpower and capital cost can be reduced; meanwhile, the fish quality of the grass carp can be improved, the antibacterial ability of the skin of the grass carp can be enhanced, and the morbidity of the grass carp can be reduced.