+91-22-48913909
Table of Contents
Top 4 Best Balanced Funds by ICICI Prudential Mutual Fund 2023
Balanced Funds, also known as a hybrid scheme aim to bridge the gap between equity and Debt fund. These funds are a combination of both debt and Equity Fund. It provides the twin benefits of growth from equity markets and regular Income from debt markets.
The Balanced Fund by icici mutual fund typically holds up to 65 – 75% of its Portfolio assets in equities and the balance in Fixed Income securities. Investors wanting to invest in these funds can choose from the below-listed top 4 Best Balanced Funds by ICICI Mutual Fund. These funds have been shortlisted by undertaking certain parameters like AUM, past performances, NAV, etc.
Talk to our investment specialist
Why Invest in ICICI Balanced Funds?
Best of Both
Balanced funds are less volatile. They offer the best of both equity and debt funds ensuring higher return through equity component and stability through the debt component.
Low/Mid Risk, High Return
On the Basis of allocation of assets, the returns on balanced funds are risk adjusted. By Investing in small cap and mid-cap stocks, the equity gains are much higher and the associated risk Factor is controlled by the debt investment.
Best Balanced Mutual Funds by ICICI MF
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) ICICI Prudential MIP 25 Growth ₹58.0268
↓ -0.20 ₹3,291 0.7 3.7 4.5 8.3 7.9 5.1 ICICI Prudential Equity and Debt Fund Growth ₹239.52
↓ -2.08 ₹21,282 0.1 8.3 8 19.3 12.5 11.7 ICICI Prudential Equity Arbitrage Fund Growth ₹28.9151
↑ 0.00 ₹10,785 1.6 2.9 4.4 4.1 4.9 4.2 ICICI Prudential Balanced Advantage Fund Growth ₹52.42
↓ -0.27 ₹44,634 0.1 4.6 6.8 10.9 9.3 7.9 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 27 Jan 23
The Scheme seeks to generate regular income through investments primarily in debt and money market instruments. As a secondary objective, the Scheme also seeks to generate long term capital appreciation from the portion of equity investments under the Scheme. However, there can be no assurance that the investment objectives of the Scheme will be realized. ICICI Prudential MIP 25 is a Hybrid - Hybrid Debt fund was launched on 30 Mar 04. It is a fund with Moderately High risk and has given a Below is the key information for ICICI Prudential MIP 25 Returns up to 1 year are on (Erstwhile ICICI Prudential Balanced Fund) To generate long term capital appreciation and current income from a portfolio
that is invested in equity and equity related securities as well as in fixed income
securities. ICICI Prudential Equity and Debt Fund is a Hybrid - Hybrid Equity fund was launched on 3 Nov 99. It is a fund with Moderately High risk and has given a Below is the key information for ICICI Prudential Equity and Debt Fund Returns up to 1 year are on The investment objective of Income Optimiser Plan under the scheme is to seek to generate low volatility returns by using arbitrage and other derivative strategies in equity markets and investments in short-term debt portfolio. ICICI Prudential Equity Arbitrage Fund is a Hybrid - Arbitrage fund was launched on 30 Dec 06. It is a fund with Moderate risk and has given a Below is the key information for ICICI Prudential Equity Arbitrage Fund Returns up to 1 year are on The fund objective is to seek low volatility returns by using arbitrage and other derivative strategies in equity markets and investments in short-term debt portfolio.The fund invests in equity with usage of derivatives. ICICI Prudential Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund was launched on 30 Dec 06. It is a fund with Moderately High risk and has given a Below is the key information for ICICI Prudential Balanced Advantage Fund Returns up to 1 year are on 1. ICICI Prudential MIP 25
CAGR/Annualized return of 9.8% since its launch. Ranked 2 in Hybrid Debt category. Return for 2022 was 5.1% , 2021 was 9.9% and 2020 was 10.9% . ICICI Prudential MIP 25
Growth Launch Date 30 Mar 04 NAV (27 Jan 23) ₹58.0268 ↓ -0.20 (-0.34 %) Net Assets (Cr) ₹3,291 on 31 Dec 22 Category Hybrid - Hybrid Debt AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.74 Sharpe Ratio 0.06 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 17 ₹10,000 31 Dec 18 ₹10,508 31 Dec 19 ₹11,513 31 Dec 20 ₹12,774 31 Dec 21 ₹14,038 31 Dec 22 ₹14,758 Returns for ICICI Prudential MIP 25
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jan 23 Duration Returns 1 Month -0.3% 3 Month 0.7% 6 Month 3.7% 1 Year 4.5% 3 Year 8.3% 5 Year 7.9% 10 Year 15 Year Since launch 9.8% Historical performance (Yearly) on absolute basis
Year Returns 2022 5.1% 2021 9.9% 2020 10.9% 2019 9.6% 2018 5.1% 2017 12.9% 2016 10.9% 2015 6.4% 2014 22.5% 2013 5.9% Fund Manager information for ICICI Prudential MIP 25
Name Since Tenure Manish Banthia 19 Sep 13 9.29 Yr. Roshan Chutkey 2 May 22 0.67 Yr. Sharmila D’mello 31 Jul 22 0.42 Yr. Data below for ICICI Prudential MIP 25 as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 20.84% Equity 21.09% Debt 58.07% Equity Sector Allocation
Sector Value Financial Services 9.52% Energy 2.38% Communication Services 2.31% Health Care 2.3% Consumer Cyclical 2.13% Industrials 1.1% Technology 0.6% Consumer Defensive 0.46% Utility 0.3% Debt Sector Allocation
Sector Value Corporate 37.4% Cash Equivalent 20.84% Government 20.67% Credit Quality
Rating Value A 10.29% AA 45.76% AAA 43.96% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.69% Govt Stock 2034
Sovereign Bonds | -12% ₹401 Cr 40,904,750 7.54% Govt Stock 2036
Sovereign Bonds | -4% ₹118 Cr 11,658,050 L&T Metro Rail (Hyderabad) Limited
Debentures | -2% ₹83 Cr 850 Motilal Oswal Finvest Ltd **
Debentures | -2% ₹80 Cr 800
↑ 800 6.54% Govt Stock 2032
Sovereign Bonds | -2% ₹76 Cr 8,000,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 19 | ICICIBANK2% ₹74 Cr 818,381 Nayara Energy Limited
Debentures | -2% ₹73 Cr 750 IDBI Bank Limited
Debentures | -2% ₹69 Cr 694 Muthoot Finance Limited
Debentures | -2% ₹64 Cr 650,000 Prestige Estates Projects Limited
Debentures | -2% ₹59 Cr 600 2. ICICI Prudential Equity and Debt Fund
CAGR/Annualized return of 14.6% since its launch. Ranked 7 in Hybrid Equity category. Return for 2022 was 11.7% , 2021 was 41.7% and 2020 was 9% . ICICI Prudential Equity and Debt Fund
Growth Launch Date 3 Nov 99 NAV (27 Jan 23) ₹239.52 ↓ -2.08 (-0.86 %) Net Assets (Cr) ₹21,282 on 31 Dec 22 Category Hybrid - Hybrid Equity AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.79 Sharpe Ratio 0.64 Information Ratio 0.69 Alpha Ratio 6.44 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 17 ₹10,000 31 Dec 18 ₹9,809 31 Dec 19 ₹10,725 31 Dec 20 ₹11,685 31 Dec 21 ₹16,557 31 Dec 22 ₹18,494 Returns for ICICI Prudential Equity and Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jan 23 Duration Returns 1 Month -0.6% 3 Month 0.1% 6 Month 8.3% 1 Year 8% 3 Year 19.3% 5 Year 12.5% 10 Year 15 Year Since launch 14.6% Historical performance (Yearly) on absolute basis
Year Returns 2022 11.7% 2021 41.7% 2020 9% 2019 9.3% 2018 -1.9% 2017 24.8% 2016 13.7% 2015 2.1% 2014 45.6% 2013 11.2% Fund Manager information for ICICI Prudential Equity and Debt Fund
Name Since Tenure Sankaran Naren 7 Dec 15 7.07 Yr. Manish Banthia 19 Sep 13 9.29 Yr. Mittul Kalawadia 29 Dec 20 2.01 Yr. Nikhil Kabra 29 Dec 20 2.01 Yr. Sri Sharma 30 Apr 21 1.67 Yr. Sharmila D’mello 31 Jul 22 0.42 Yr. Data below for ICICI Prudential Equity and Debt Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 11.2% Equity 71.87% Debt 16.93% Equity Sector Allocation
Sector Value Financial Services 21.46% Consumer Cyclical 9.47% Energy 8.9% Technology 8.16% Utility 7.94% Communication Services 7.06% Basic Materials 3.13% Industrials 2.74% Health Care 2.02% Real Estate 0.81% Consumer Defensive 0.15% Debt Sector Allocation
Sector Value Government 12.19% Cash Equivalent 10.51% Corporate 5.43% Securitized 0% Credit Quality
Rating Value A 3.26% AA 21.51% AAA 75.22% Top Securities Holdings / Portfolio
Name Holding Value Quantity NTPC Ltd (Utilities)
Equity, Since 28 Feb 17 | 5325558% ₹1,700 Cr 98,743,040
↑ 3,000,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 12 | ICICIBANK7% ₹1,563 Cr 16,407,645
↓ -76,855 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 16 | BHARTIARTL7% ₹1,438 Cr 16,940,061
↑ 292,850 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 30 Apr 17 | 5003125% ₹1,106 Cr 78,355,022
↑ 2,965,177 Infosys Ltd (Technology)
Equity, Since 30 Jun 16 | INFY5% ₹1,057 Cr 6,466,196
↓ -879,865 7.42 9/22/2033 12:00:00 Am
Sovereign Bonds | -5% ₹978 Cr 97,950,000 7.69 10/30/2034 12:00:00 Am
Sovereign Bonds | -4% ₹841 Cr 85,768,010 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 22 | RELIANCE3% ₹690 Cr 2,526,731
↑ 164,656 Tata Motors Ltd Class A (Consumer Cyclical)
Equity, Since 30 Nov 16 | TATAMTRDVR3% ₹635 Cr 27,024,763
↓ -628,076 State Bank of India (Financial Services)
Equity, Since 30 Apr 15 | SBIN3% ₹562 Cr 9,326,095 3. ICICI Prudential Equity Arbitrage Fund
CAGR/Annualized return of 6.8% since its launch. Ranked 4 in Arbitrage category. Return for 2022 was 4.2% , 2021 was 3.9% and 2020 was 4.3% . ICICI Prudential Equity Arbitrage Fund
Growth Launch Date 30 Dec 06 NAV (27 Jan 23) ₹28.9151 ↑ 0.00 (0.01 %) Net Assets (Cr) ₹10,785 on 31 Dec 22 Category Hybrid - Arbitrage AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk Moderate Expense Ratio 0.95 Sharpe Ratio -1.32 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Months (0.25%),1 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 17 ₹10,000 31 Dec 18 ₹10,622 31 Dec 19 ₹11,252 31 Dec 20 ₹11,736 31 Dec 21 ₹12,187 31 Dec 22 ₹12,698 Returns for ICICI Prudential Equity Arbitrage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jan 23 Duration Returns 1 Month 0.6% 3 Month 1.6% 6 Month 2.9% 1 Year 4.4% 3 Year 4.1% 5 Year 4.9% 10 Year 15 Year Since launch 6.8% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.2% 2021 3.9% 2020 4.3% 2019 5.9% 2018 6.2% 2017 5.5% 2016 6.8% 2015 7.6% 2014 8.6% 2013 9.8% Fund Manager information for ICICI Prudential Equity Arbitrage Fund
Name Since Tenure Kayzad Eghlim 1 Feb 11 11.92 Yr. Rohan Maru 29 Dec 20 2.01 Yr. Nikhil Kabra 29 Dec 20 2.01 Yr. Sharmila D’mello 31 Jul 22 0.42 Yr. Data below for ICICI Prudential Equity Arbitrage Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 90.97% Debt 9.51% Equity Sector Allocation
Sector Value Financial Services 16.23% Basic Materials 11.86% Energy 9.77% Industrials 7.94% Health Care 5.2% Consumer Cyclical 5% Technology 4.1% Consumer Defensive 3.24% Communication Services 2.23% Utility 2.01% Real Estate 1.64% Debt Sector Allocation
Sector Value Cash Equivalent 90.68% Government 8.22% Corporate 1.56% Securitized 0.01% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Pru Savings Dir Gr
Investment Fund | -7% ₹745 Cr 16,474,508 Future on Reliance Industries Ltd
Derivatives | -5% -₹523 Cr 1,904,750
↓ -338,250 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE5% ₹520 Cr 1,904,750
↓ -338,250 Future on Adani Ports & Special Economic Zone Ltd
Derivatives | -4% -₹453 Cr 5,111,250
↓ -267,500 Future on Adani Enterprises Ltd
Derivatives | -4% -₹450 Cr 1,142,250
↓ -105,750 Adani Ports & Special Economic Zone Ltd (Industrials)
Equity, Since 31 Aug 19 | ADANIPORTS4% ₹450 Cr 5,111,250
↓ -267,500 Adani Enterprises Ltd (Energy)
Equity, Since 30 Nov 19 | 5125994% ₹448 Cr 1,142,250
↓ -105,750 Future on ICICI Bank Ltd
Derivatives | -4% -₹407 Cr 4,246,000
↓ -115,500 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 19 | ICICIBANK4% ₹405 Cr 4,246,000
↓ -115,500 Future on HDFC Bank Ltd
Derivatives | -4% -₹394 Cr 2,199,200
↑ 483,750 4. ICICI Prudential Balanced Advantage Fund
CAGR/Annualized return of 10.9% since its launch. Ranked 18 in Dynamic Allocation category. Return for 2022 was 7.9% , 2021 was 15.1% and 2020 was 11.7% . ICICI Prudential Balanced Advantage Fund
Growth Launch Date 30 Dec 06 NAV (27 Jan 23) ₹52.42 ↓ -0.27 (-0.51 %) Net Assets (Cr) ₹44,634 on 31 Dec 22 Category Hybrid - Dynamic Allocation AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 1.67 Sharpe Ratio 0.59 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-18 Months (1%),18 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 17 ₹10,000 31 Dec 18 ₹10,244 31 Dec 19 ₹11,350 31 Dec 20 ₹12,679 31 Dec 21 ₹14,598 31 Dec 22 ₹15,751 Returns for ICICI Prudential Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jan 23 Duration Returns 1 Month -0.7% 3 Month 0.1% 6 Month 4.6% 1 Year 6.8% 3 Year 10.9% 5 Year 9.3% 10 Year 15 Year Since launch 10.9% Historical performance (Yearly) on absolute basis
Year Returns 2022 7.9% 2021 15.1% 2020 11.7% 2019 10.8% 2018 2.4% 2017 19% 2016 7.3% 2015 6.7% 2014 29% 2013 10.9% Fund Manager information for ICICI Prudential Balanced Advantage Fund
Name Since Tenure Sankaran Naren 14 Jul 17 5.47 Yr. Rajat Chandak 7 Sep 15 7.32 Yr. Manish Banthia 18 Nov 09 13.13 Yr. Ihab Dalwai 29 Jan 18 4.93 Yr. Ritesh Lunawat 29 Dec 20 2.01 Yr. Sri Sharma 30 Apr 21 1.67 Yr. Sharmila D’mello 31 Jul 22 0.42 Yr. Data below for ICICI Prudential Balanced Advantage Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 47.92% Equity 32.7% Debt 19.38% Equity Sector Allocation
Sector Value Financial Services 21.95% Consumer Cyclical 9.75% Technology 7.79% Energy 7.79% Consumer Defensive 5.68% Basic Materials 3.15% Health Care 3.15% Communication Services 3.08% Industrials 2.49% Utility 1.89% Real Estate 0.11% Debt Sector Allocation
Sector Value Cash Equivalent 46.83% Government 13.28% Corporate 5.06% Securitized 2.13% Credit Quality
Rating Value A 3.65% AA 11.33% AAA 85.02% Top Securities Holdings / Portfolio
Name Holding Value Quantity Nifty 50 Index
- | -10% -₹4,242 Cr 2,247,300
↑ 2,247,300 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 08 | RELIANCE6% ₹2,735 Cr 10,011,930
↓ -167,500 7.42 9/22/2033 12:00:00 Am
Sovereign Bonds | -6% ₹2,570 Cr 257,450,350 ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 12 | ICICIBANK5% ₹2,166 Cr 22,729,505
↓ -534,875 Infosys Ltd (Technology)
Equity, Since 31 Dec 08 | INFY5% ₹2,042 Cr 12,487,911
↓ -369,600 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFCBANK4% ₹1,871 Cr 11,635,327 7.69 10/30/2034 12:00:00 Am
Sovereign Bonds | -4% ₹1,775 Cr 180,976,540 Future on Reliance Industries Ltd
Derivatives | -4% -₹1,639 Cr 5,965,750 Future on HDFC Bank Ltd
Derivatives | -3% -₹1,363 Cr 6,575,750
↑ 2,896,800 State Bank of India (Financial Services)
Equity, Since 31 Jan 14 | SBIN3% ₹1,330 Cr 22,076,687
↓ -435,000
How to Invest in ICICI Mutual Fund Online?
Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153
Shepard Technologies Pvt. Ltd. (with ARN code 112358) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.
©2023 Shepard Technologies Private Limited. All Rights Reserved