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Top 4 Best Balanced Funds by ICICI Prudential Mutual Fund 2021

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Top 4 Best Balanced Funds by ICICI Prudential Mutual Fund 2021

Updated on July 25, 2021 , 2821 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 (%)2020 (%)
ICICI Prudential MIP 25 Growth ₹52.574
↓ -0.05
₹3,2872.54.312.89.19.210.9
ICICI Prudential Equity and Debt Fund Growth ₹190.78
↓ -0.02
₹17,13011.523.651.414.513.69
ICICI Prudential Equity Arbitrage Fund Growth ₹27.2318
↑ 0.01
₹12,3981.22.33.95.15.54.3
ICICI Prudential Balanced Advantage Fund Growth ₹46.52
↓ -0.04
₹32,9424.89.225.811.210.511.7
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 27 Jul 21

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 10.1% since its launch.  Ranked 2 in Hybrid Debt category.  Return for 2020 was 10.9% , 2019 was 9.6% and 2018 was 5.1% .

Below is the key information for ICICI Prudential MIP 25

ICICI Prudential MIP 25
Growth
Launch Date 30 Mar 04
NAV (27 Jul 21) ₹52.574 ↓ -0.05   (-0.09 %)
Net Assets (Cr) ₹3,287 on 30 Jun 21
Category Hybrid - Hybrid Debt
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.97
Sharpe Ratio 3.61
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 Jun 16₹10,000
30 Jun 17₹11,499
30 Jun 18₹12,064
30 Jun 19₹13,077
30 Jun 20₹13,787
30 Jun 21₹15,834

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 ₹385,859.
Net Profit of ₹85,859
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 27 Jul 21

DurationReturns
1 Month 0.3%
3 Month 2.5%
6 Month 4.3%
1 Year 12.8%
3 Year 9.1%
5 Year 9.2%
10 Year
15 Year
Since launch 10.1%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2011 -0.6%
Fund Manager information for ICICI Prudential MIP 25
NameSinceTenure
Manish Banthia19 Sep 137.79 Yr.
Priyanka Khandelwal15 Jun 174.05 Yr.
Parag Thakkar28 Jun 210.01 Yr.

Data below for ICICI Prudential MIP 25 as on 30 Jun 21

Asset Allocation
Asset ClassValue
Cash26.83%
Equity17.34%
Debt55.83%
Equity Sector Allocation
SectorValue
Financial Services5.71%
Consumer Cyclical3.96%
Consumer Defensive2.18%
Communication Services1.42%
Technology1.07%
Energy0.82%
Health Care0.66%
Industrials0.54%
Utility0.53%
Basic Materials0.45%
Debt Sector Allocation
SectorValue
Corporate36.59%
Cash Equivalent26.83%
Government19.24%
Credit Quality
RatingValue
A10.53%
AA50.75%
AAA38.48%
BB0.24%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
6.64% Govt Stock 2035
Sovereign Bonds | -
8%₹271 Cr27,256,750
↑ 27,256,750
Essar Oil Limited
Debentures | -
3%₹100 Cr100
↑ 100
TMF Holdings Limited
Debentures | -
3%₹87 Cr700
↑ 700
06.58 GJ SDL 2027
Sovereign Bonds | -
3%₹85 Cr8,484,000
↑ 8,484,000
06.18 GJ SDL 2026
Sovereign Bonds | -
2%₹79 Cr7,895,000
↑ 7,895,000
07.19 UP SDL 2031
Sovereign Bonds | -
2%₹76 Cr7,500,000
↑ 7,500,000
6.17% Govt Stock 2021
Sovereign Bonds | -
2%₹75 Cr7,500,000
↑ 7,500,000
Prestige Estates Projects Limited
Debentures | -
2%₹75 Cr750
↑ 750
Embassy Office Parks Reit
Debentures | -
2%₹74 Cr600
↑ 600
IDBI Bank Limited
Debentures | -
2%₹69 Cr694
↑ 694

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 14.5% since its launch.  Ranked 7 in Hybrid Equity category.  Return for 2020 was 9% , 2019 was 9.3% and 2018 was -1.9% .

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 (27 Jul 21) ₹190.78 ↓ -0.02   (-0.01 %)
Net Assets (Cr) ₹17,130 on 30 Jun 21
Category Hybrid - Hybrid Equity
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.72
Sharpe Ratio 2.19
Information Ratio 0.02
Alpha Ratio -5.87
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 Jun 16₹10,000
30 Jun 17₹12,114
30 Jun 18₹12,780
30 Jun 19₹14,090
30 Jun 20₹12,674
30 Jun 21₹19,159

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 27 Jul 21

DurationReturns
1 Month 1.8%
3 Month 11.5%
6 Month 23.6%
1 Year 51.4%
3 Year 14.5%
5 Year 13.6%
10 Year
15 Year
Since launch 14.5%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2011 -9.3%
Fund Manager information for ICICI Prudential Equity and Debt Fund
NameSinceTenure
Sankaran Naren7 Dec 155.57 Yr.
Manish Banthia19 Sep 137.79 Yr.
Mittul Kalawadia29 Dec 200.5 Yr.
Nikhil Kabra29 Dec 200.5 Yr.
Priyanka Khandelwal15 Jun 174.05 Yr.
Sri Sharma30 Apr 210.17 Yr.

Data below for ICICI Prudential Equity and Debt Fund as on 30 Jun 21

Asset Allocation
Asset ClassValue
Cash5.96%
Equity78.16%
Debt15.88%
Equity Sector Allocation
SectorValue
Financial Services17.17%
Utility9.86%
Communication Services8.42%
Technology7.92%
Basic Materials7.48%
Energy7.29%
Consumer Cyclical6.36%
Health Care4.76%
Industrials3.48%
Consumer Defensive3.24%
Real Estate0.55%
Debt Sector Allocation
SectorValue
Corporate11.01%
Cash Equivalent5.96%
Government4.86%
Credit Quality
RatingValue
A1.68%
AA62.33%
AAA35.86%
BB0.14%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 12 | ICICIBANK
8%₹1,388 Cr22,000,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 16 | BHARTIARTL
8%₹1,373 Cr26,113,385
NTPC Ltd (Utilities)
Equity, Since 28 Feb 17 | 532555
8%₹1,296 Cr111,343,315
↓ -8,738,535
Hindalco Industries Ltd Shs Dematerialised (Basic Materials)
Equity, Since 31 Mar 17 | HINDALCO
5%₹856 Cr23,000,000
↑ 1,837,259
Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 30 Apr 17 | 500312
5%₹824 Cr70,000,000
↑ 871,020
Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 May 16 | SUNPHARMA
5%₹816 Cr12,082,536
↑ 309,400
Infosys Ltd (Technology)
Equity, Since 30 Jun 16 | INFY
4%₹738 Cr4,668,284
↓ -527,682
6.64% Govt Stock 2035
Sovereign Bonds | -
4%₹720 Cr72,500,000
↑ 72,500,000
ITC Ltd (Consumer Defensive)
Equity, Since 28 Feb 17 | ITC
3%₹556 Cr27,415,134
↑ 4,757,600
Tata Motors Ltd Class A (Consumer Cyclical)
Equity, Since 30 Nov 16 | TATAMTRDVR
3%₹512 Cr33,000,000
↓ -673,528

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 7.1% since its launch.  Ranked 4 in Arbitrage category.  Return for 2020 was 4.3% , 2019 was 5.9% and 2018 was 6.2% .

Below is the key information for ICICI Prudential Equity Arbitrage Fund

ICICI Prudential Equity Arbitrage Fund
Growth
Launch Date 30 Dec 06
NAV (27 Jul 21) ₹27.2318 ↑ 0.01   (0.05 %)
Net Assets (Cr) ₹12,398 on 30 Jun 21
Category Hybrid - Arbitrage
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 0.94
Sharpe Ratio -0.19
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 Jun 16₹10,000
30 Jun 17₹10,634
30 Jun 18₹11,259
30 Jun 19₹11,963
30 Jun 20₹12,642
30 Jun 21₹13,088

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 ₹349,120.
Net Profit of ₹49,120
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 27 Jul 21

DurationReturns
1 Month 0.4%
3 Month 1.2%
6 Month 2.3%
1 Year 3.9%
3 Year 5.1%
5 Year 5.5%
10 Year
15 Year
Since launch 7.1%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2011 7.6%
Fund Manager information for ICICI Prudential Equity Arbitrage Fund
NameSinceTenure
Kayzad Eghlim1 Feb 1110.42 Yr.
Rohan Maru29 Dec 200.5 Yr.
Nikhil Kabra29 Dec 200.5 Yr.
Priyanka Khandelwal1 Jun 201.08 Yr.

Data below for ICICI Prudential Equity Arbitrage Fund as on 30 Jun 21

Asset Allocation
Asset ClassValue
Cash95.37%
Debt4.79%
Equity Sector Allocation
SectorValue
Financial Services15.25%
Basic Materials14.26%
Energy7.77%
Health Care7.09%
Industrials5.84%
Technology5.61%
Communication Services4.32%
Consumer Defensive3.26%
Consumer Cyclical2.85%
Utility1.3%
Real Estate0.61%
Debt Sector Allocation
SectorValue
Cash Equivalent95.37%
Government3.96%
Corporate0.83%
Credit Quality
RatingValue
AA3.66%
AAA96.34%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
182 DTB 30122021
Sovereign Bonds | -
4%₹491 Cr50,000,000
↑ 50,000,000
Future on Reliance Industries Ltd Shs Dematerialised
Derivatives | -
4%-₹447 Cr2,112,750
↑ 208,250
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Aug 18 | RELIANCE
4%₹446 Cr2,112,750
↑ 208,250
Future on Tata Steel Ltd.
Derivatives | -
3%-₹434 Cr3,706,000
↑ 389,300
Tata Steel Ltd (Basic Materials)
Equity, Since 31 Jul 20 | TATASTEEL
3%₹432 Cr3,706,000
↑ 389,300
Future on Adani Ports & Special Economic Zone Ltd
Derivatives | -
3%-₹360 Cr5,085,000
Adani Ports & Special Economic Zone Ltd (Industrials)
Equity, Since 31 Aug 19 | 532921
3%₹358 Cr5,085,000
Future on Bharti Airtel Ltd
Derivatives | -
3%-₹351 Cr6,645,090
↑ 303,564
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 19 | BHARTIARTL
3%₹349 Cr6,645,090
↑ 303,564
Future on State Bank of India
Derivatives | -
3%-₹339 Cr8,049,000
↓ -294,000

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 11.1% since its launch.  Ranked 18 in Dynamic Allocation category.  Return for 2020 was 11.7% , 2019 was 10.8% and 2018 was 2.4% .

Below is the key information for ICICI Prudential Balanced Advantage Fund

ICICI Prudential Balanced Advantage Fund
Growth
Launch Date 30 Dec 06
NAV (27 Jul 21) ₹46.52 ↓ -0.04   (-0.09 %)
Net Assets (Cr) ₹32,942 on 30 Jun 21
Category Hybrid - Dynamic Allocation
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.71
Sharpe Ratio 2.96
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 Jun 16₹10,000
30 Jun 17₹11,297
30 Jun 18₹12,149
30 Jun 19₹13,155
30 Jun 20₹12,860
30 Jun 21₹16,849

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 ₹395,578.
Net Profit of ₹95,578
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 27 Jul 21

DurationReturns
1 Month 0.3%
3 Month 4.8%
6 Month 9.2%
1 Year 25.8%
3 Year 11.2%
5 Year 10.5%
10 Year
15 Year
Since launch 11.1%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2011 -8.8%
Fund Manager information for ICICI Prudential Balanced Advantage Fund
NameSinceTenure
Sankaran Naren14 Jul 173.96 Yr.
Rajat Chandak7 Sep 155.82 Yr.
Manish Banthia18 Nov 0911.62 Yr.
Ihab Dalwai29 Jan 183.42 Yr.
Ritesh Lunawat29 Dec 200.5 Yr.
Priyanka Khandelwal15 Jun 174.04 Yr.
Sri Sharma30 Apr 210.17 Yr.

Data below for ICICI Prudential Balanced Advantage Fund as on 30 Jun 21

Asset Allocation
Asset ClassValue
Cash42.07%
Equity38.97%
Debt18.96%
Equity Sector Allocation
SectorValue
Financial Services21.56%
Consumer Cyclical9.13%
Technology8.2%
Energy7.71%
Consumer Defensive5.57%
Basic Materials3.52%
Communication Services3.08%
Health Care2.78%
Utility1.94%
Industrials1.76%
Real Estate0.36%
Debt Sector Allocation
SectorValue
Cash Equivalent42.07%
Corporate12.97%
Government5.99%
Credit Quality
RatingValue
A3.16%
AA41.77%
AAA55.02%
BB0.05%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Nifty 50 Index
- | -
7%-₹2,385 Cr1,514,200
↓ -513,275
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Dec 08 | RELIANCE
6%₹1,998 Cr9,466,098
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 12 | ICICIBANK
6%₹1,936 Cr30,690,755
↓ -9,625
Infosys Ltd (Technology)
Equity, Since 31 Dec 08 | INFY
5%₹1,623 Cr10,266,761
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFCBANK
4%₹1,388 Cr9,266,632
↓ -517,000
6.64% Govt Stock 2035
Sovereign Bonds | -
3%₹956 Cr96,302,500
↑ 96,302,500
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Aug 16 | HDFC
3%₹885 Cr3,577,007
Future on Infosys Ltd
Derivatives | -
3%-₹864 Cr5,447,400
Future on HDFC Bank Ltd
Derivatives | -
3%-₹829 Cr4,662,150
↓ -1,024,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 15 | BHARTIARTL
2%₹798 Cr15,184,687

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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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