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Top 4 Best Balanced Funds by ICICI Prudential Mutual Fund 2022

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Top 4 Best Balanced Funds by ICICI Prudential Mutual Fund 2022

Updated on September 30, 2022 , 4717 views

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.

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ICICI

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

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2021 (%)
ICICI Prudential MIP 25 Growth ₹57.1496
↑ 0.21
₹3,3103.82.33.99.28.29.9
ICICI Prudential Equity and Debt Fund Growth ₹229.75
↑ 2.66
₹20,36071.7720.513.841.7
ICICI Prudential Equity Arbitrage Fund Growth ₹28.3699
↑ 0.01
₹11,5070.91.93.74.14.93.9
ICICI Prudential Balanced Advantage Fund Growth ₹51.43
↑ 0.39
₹42,9305.13.8612.11015.1
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 30 Sep 22

1. ICICI Prudential MIP 25

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 CAGR/Annualized return of 9.9% since its launch.  Ranked 2 in Hybrid Debt category.  Return for 2021 was 9.9% , 2020 was 10.9% and 2019 was 9.6% .

Below is the key information for ICICI Prudential MIP 25

ICICI Prudential MIP 25
Growth
Launch Date 30 Mar 04
NAV (30 Sep 22) ₹57.1496 ↑ 0.21   (0.36 %)
Net Assets (Cr) ₹3,310 on 31 Aug 22
Category Hybrid - Hybrid Debt
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.74
Sharpe Ratio 0.55
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.

DateValue
30 Sep 17₹10,000
30 Sep 18₹10,407
30 Sep 19₹11,394
30 Sep 20₹12,370
30 Sep 21₹14,283
30 Sep 22₹14,837

ICICI Prudential MIP 25 SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for ICICI Prudential MIP 25

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Sep 22

DurationReturns
1 Month -0.2%
3 Month 3.8%
6 Month 2.3%
1 Year 3.9%
3 Year 9.2%
5 Year 8.2%
10 Year
15 Year
Since launch 9.9%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2012 17.3%
Fund Manager information for ICICI Prudential MIP 25
NameSinceTenure
Manish Banthia19 Sep 138.95 Yr.
Priyanka Khandelwal15 Jun 175.21 Yr.
Roshan Chutkey2 May 220.33 Yr.

Data below for ICICI Prudential MIP 25 as on 31 Aug 22

Asset Allocation
Asset ClassValue
Cash23.76%
Equity18.93%
Debt57.31%
Equity Sector Allocation
SectorValue
Financial Services9.55%
Communication Services3%
Energy2.27%
Health Care2.11%
Consumer Cyclical0.85%
Industrials0.65%
Utility0.3%
Consumer Defensive0.19%
Debt Sector Allocation
SectorValue
Corporate35.93%
Cash Equivalent23.76%
Government21.38%
Credit Quality
RatingValue
A10.21%
AA45.25%
AAA44.54%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
5.38% Govt Stock 2034
Sovereign Bonds | -
12%₹400 Cr40,904,750
7.54% Govt Stock 2036
Sovereign Bonds | -
4%₹119 Cr11,658,050
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 19 | ICICIBANK
3%₹104 Cr1,137,132
6.54% Govt Stock 2032
Sovereign Bonds | -
3%₹100 Cr10,500,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 20 | BHARTIARTL
2%₹83 Cr1,055,323
↓ -73,886
L&T Metro Rail (Hyderabad) Limited
Debentures | -
2%₹82 Cr850
Nayara Energy Limited
Debentures | -
2%₹73 Cr750
IDBI Bank Limited
Debentures | -
2%₹70 Cr694
Muthoot Finance Limited
Debentures | -
2%₹65 Cr650,000
Prestige Estates Projects Limited
Debentures | -
2%₹59 Cr600

2. ICICI Prudential Equity and Debt Fund

(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 CAGR/Annualized return of 14.7% since its launch.  Ranked 7 in Hybrid Equity category.  Return for 2021 was 41.7% , 2020 was 9% and 2019 was 9.3% .

Below is the key information for ICICI Prudential Equity and Debt Fund

ICICI Prudential Equity and Debt Fund
Growth
Launch Date 3 Nov 99
NAV (30 Sep 22) ₹229.75 ↑ 2.66   (1.17 %)
Net Assets (Cr) ₹20,360 on 31 Aug 22
Category Hybrid - Hybrid Equity
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.79
Sharpe Ratio 1.02
Information Ratio 0.7
Alpha Ratio 9.26
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.

DateValue
30 Sep 17₹10,000
30 Sep 18₹10,568
30 Sep 19₹10,891
30 Sep 20₹10,400
30 Sep 21₹17,792
30 Sep 22₹19,044

ICICI Prudential Equity and Debt Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080
Invest Now

Returns for ICICI Prudential Equity and Debt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Sep 22

DurationReturns
1 Month -1.6%
3 Month 7%
6 Month 1.7%
1 Year 7%
3 Year 20.5%
5 Year 13.8%
10 Year
15 Year
Since launch 14.7%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2012 29.4%
Fund Manager information for ICICI Prudential Equity and Debt Fund
NameSinceTenure
Sankaran Naren7 Dec 156.74 Yr.
Manish Banthia19 Sep 138.96 Yr.
Mittul Kalawadia29 Dec 201.67 Yr.
Nikhil Kabra29 Dec 201.67 Yr.
Priyanka Khandelwal15 Jun 175.22 Yr.
Sri Sharma30 Apr 211.34 Yr.

Data below for ICICI Prudential Equity and Debt Fund as on 31 Aug 22

Asset Allocation
Asset ClassValue
Cash10.41%
Equity70.48%
Debt19.1%
Equity Sector Allocation
SectorValue
Financial Services20.64%
Technology9.44%
Energy8.72%
Consumer Cyclical7.85%
Utility7.79%
Communication Services7.23%
Basic Materials3.06%
Industrials2.4%
Health Care2.24%
Real Estate0.96%
Consumer Defensive0.2%
Debt Sector Allocation
SectorValue
Government13.98%
Cash Equivalent10.35%
Corporate5.19%
Securitized0%
Credit Quality
RatingValue
A3.63%
AA21.25%
AAA75.12%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
NTPC Ltd (Utilities)
Equity, Since 28 Feb 17 | 532555
8%₹1,586 Cr96,681,040
↓ -46,300
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 12 | ICICIBANK
8%₹1,536 Cr17,309,500
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 16 | BHARTIARTL
7%₹1,395 Cr19,204,611
↓ -1,654,035
Infosys Ltd (Technology)
Equity, Since 30 Jun 16 | INFY
5%₹1,061 Cr7,107,554
Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 30 Apr 17 | 500312
5%₹983 Cr70,950,522
5.53% Govt Stock 2033
Sovereign Bonds | -
5%₹973 Cr97,950,000
5.38% Govt Stock 2034
Sovereign Bonds | -
4%₹833 Cr85,768,010
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 22 | RELIANCE
3%₹689 Cr2,613,325
Tata Motors Ltd Class A (Consumer Cyclical)
Equity, Since 30 Nov 16 | TATAMTRDVR
3%₹679 Cr29,019,761
HCL Technologies Ltd (Technology)
Equity, Since 31 Jan 21 | HCLTECH
3%₹646 Cr6,877,873

3. ICICI Prudential Equity Arbitrage Fund

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 CAGR/Annualized return of 6.8% since its launch.  Ranked 4 in Arbitrage category.  Return for 2021 was 3.9% , 2020 was 4.3% and 2019 was 5.9% .

Below is the key information for ICICI Prudential Equity Arbitrage Fund

ICICI Prudential Equity Arbitrage Fund
Growth
Launch Date 30 Dec 06
NAV (30 Sep 22) ₹28.3699 ↑ 0.01   (0.02 %)
Net Assets (Cr) ₹11,507 on 31 Aug 22
Category Hybrid - Arbitrage
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 0.95
Sharpe Ratio -1.2
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.

DateValue
30 Sep 17₹10,000
30 Sep 18₹10,595
30 Sep 19₹11,252
30 Sep 20₹11,777
30 Sep 21₹12,228
30 Sep 22₹12,679

ICICI Prudential Equity Arbitrage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹340,450.
Net Profit of ₹40,450
Invest Now

Returns for ICICI Prudential Equity Arbitrage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Sep 22

DurationReturns
1 Month 0.4%
3 Month 0.9%
6 Month 1.9%
1 Year 3.7%
3 Year 4.1%
5 Year 4.9%
10 Year
15 Year
Since launch 6.8%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2012 10.1%
Fund Manager information for ICICI Prudential Equity Arbitrage Fund
NameSinceTenure
Kayzad Eghlim1 Feb 1111.59 Yr.
Rohan Maru29 Dec 201.67 Yr.
Nikhil Kabra29 Dec 201.67 Yr.
Priyanka Khandelwal1 Jun 202.25 Yr.

Data below for ICICI Prudential Equity Arbitrage Fund as on 31 Aug 22

Asset Allocation
Asset ClassValue
Cash95.29%
Debt4.99%
Equity Sector Allocation
SectorValue
Financial Services16.29%
Basic Materials10.88%
Energy10.04%
Consumer Cyclical7.04%
Industrials6.02%
Technology5.2%
Health Care4.07%
Utility2.5%
Consumer Defensive2.3%
Communication Services1.67%
Real Estate1.42%
Debt Sector Allocation
SectorValue
Cash Equivalent93.21%
Government5.6%
Corporate1.46%
Securitized0.01%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Pru Savings Dir Gr
Investment Fund | -
6%₹732 Cr16,474,508
Future on Reliance Industries Ltd
Derivatives | -
6%-₹656 Cr2,479,250
↓ -19,250
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE
6%₹654 Cr2,479,250
↓ -19,250
Future on Adani Enterprises Ltd
Derivatives | -
4%-₹465 Cr1,451,000
↓ -500
Adani Enterprises Ltd (Energy)
Equity, Since 30 Nov 19 | 512599
4%₹464 Cr1,451,000
↓ -500
Future on Adani Ports & Special Economic Zone Ltd
Derivatives | -
4%-₹461 Cr5,447,500
↓ -2,500
Adani Ports & Special Economic Zone Ltd (Industrials)
Equity, Since 31 Aug 19 | 532921
4%₹459 Cr5,447,500
↓ -2,500
182 Dtb 08092022
Sovereign Bonds | -
3%₹400 Cr40,000,000
Future on ICICI Bank Ltd
Derivatives | -
3%-₹338 Cr3,790,875
↑ 653,125
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 19 | ICICIBANK
3%₹336 Cr3,790,875
↑ 653,125

4. ICICI Prudential Balanced Advantage Fund

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 CAGR/Annualized return of 11% since its launch.  Ranked 18 in Dynamic Allocation category.  Return for 2021 was 15.1% , 2020 was 11.7% and 2019 was 10.8% .

Below is the key information for ICICI Prudential Balanced Advantage Fund

ICICI Prudential Balanced Advantage Fund
Growth
Launch Date 30 Dec 06
NAV (30 Sep 22) ₹51.43 ↑ 0.39   (0.76 %)
Net Assets (Cr) ₹42,930 on 31 Aug 22
Category Hybrid - Dynamic Allocation
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.67
Sharpe Ratio 0.84
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.

DateValue
30 Sep 17₹10,000
30 Sep 18₹10,463
30 Sep 19₹11,418
30 Sep 20₹11,838
30 Sep 21₹15,191
30 Sep 22₹16,102

ICICI Prudential Balanced Advantage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859
Invest Now

Returns for ICICI Prudential Balanced Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Sep 22

DurationReturns
1 Month -0.6%
3 Month 5.1%
6 Month 3.8%
1 Year 6%
3 Year 12.1%
5 Year 10%
10 Year
15 Year
Since launch 11%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2012 33.3%
Fund Manager information for ICICI Prudential Balanced Advantage Fund
NameSinceTenure
Sankaran Naren14 Jul 175.14 Yr.
Rajat Chandak7 Sep 156.99 Yr.
Manish Banthia18 Nov 0912.79 Yr.
Ihab Dalwai29 Jan 184.59 Yr.
Ritesh Lunawat29 Dec 201.67 Yr.
Priyanka Khandelwal15 Jun 175.22 Yr.
Sri Sharma30 Apr 211.34 Yr.

Data below for ICICI Prudential Balanced Advantage Fund as on 31 Aug 22

Asset Allocation
Asset ClassValue
Cash35.83%
Equity43.8%
Debt20.37%
Equity Sector Allocation
SectorValue
Financial Services20.84%
Consumer Cyclical9.52%
Energy7.71%
Technology7.36%
Consumer Defensive5.81%
Communication Services3.86%
Health Care3.3%
Basic Materials3.24%
Industrials2.46%
Utility1.87%
Real Estate0.11%
Debt Sector Allocation
SectorValue
Cash Equivalent35.75%
Government14.6%
Corporate4.32%
Securitized1.53%
Credit Quality
RatingValue
A3.5%
AA10.76%
AAA85.75%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 08 | RELIANCE
6%₹2,560 Cr9,702,680
↓ -145,000
5.53% Govt Stock 2033
Sovereign Bonds | -
6%₹2,557 Cr257,450,350
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 12 | ICICIBANK
5%₹2,147 Cr24,199,380
↓ -576,125
Infosys Ltd (Technology)
Equity, Since 31 Dec 08 | INFY
4%₹1,837 Cr12,304,010
↓ -210,000
5.38% Govt Stock 2034
Sovereign Bonds | -
4%₹1,758 Cr180,976,540
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFCBANK
4%₹1,599 Cr10,758,143
↑ 302,500
Future on Reliance Industries Ltd
Derivatives | -
3%-₹1,419 Cr5,359,000
↑ 300,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 15 | BHARTIARTL
3%₹1,329 Cr18,289,415
↓ -265,900
State Bank of India (Financial Services)
Equity, Since 31 Jan 14 | SBIN
3%₹1,093 Cr20,570,687
↑ 1,330,345
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Apr 17 | M&M
2%₹1,061 Cr8,106,847

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Disclaimer:
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.
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