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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 April 8, 2021 , 2415 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 ₹51.2321
↓ -0.03
₹3,0060.96.317.48.610.210.9
ICICI Prudential Equity and Debt Fund Growth ₹172.28
↓ -0.75
₹16,9478.435.753.210.714.29
ICICI Prudential Equity Arbitrage Fund Growth ₹26.8166
↓ 0.00
₹10,4620.81.73.45.25.64.3
ICICI Prudential Balanced Advantage Fund Growth ₹44.37
↓ -0.08
₹29,9122.714.2399.711.811.7
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 9 Apr 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 (09 Apr 21) ₹51.2321 ↓ -0.03   (-0.06 %)
Net Assets (Cr) ₹3,006 on 28 Feb 21
Category Hybrid - Hybrid Debt
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.97
Sharpe Ratio 1.06
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.

DateValue
31 Mar 16₹10,000
31 Mar 17₹11,590
31 Mar 18₹12,501
31 Mar 19₹13,522
31 Mar 20₹13,818
31 Mar 21₹16,217

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 ₹395,578.
Net Profit of ₹95,578
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 9 Apr 21

DurationReturns
1 Month 0.1%
3 Month 0.9%
6 Month 6.3%
1 Year 17.4%
3 Year 8.6%
5 Year 10.2%
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
Rajat Chandak17 Feb 156.12 Yr.
Manish Banthia19 Sep 137.54 Yr.
Priyanka Khandelwal15 Jun 173.8 Yr.

Data below for ICICI Prudential MIP 25 as on 28 Feb 21

Asset Allocation
Asset ClassValue
Cash23.63%
Equity16.39%
Debt59.98%
Equity Sector Allocation
SectorValue
Financial Services4.98%
Consumer Cyclical3.83%
Consumer Defensive2.15%
Technology1.01%
Industrials0.94%
Communication Services0.89%
Energy0.88%
Health Care0.85%
Basic Materials0.82%
Debt Sector Allocation
SectorValue
Corporate49.68%
Cash Equivalent23.63%
Government10.3%
Credit Quality
RatingValue
A12%
AA57.49%
AAA29.9%
BBB0.61%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Housing Development Finance Corporation Limited
Debentures | -
4%₹126 Cr1,250
↑ 1,250
6.22% Govt Stock 2035
Sovereign Bonds | -
4%₹109 Cr11,500,000
Talwandi Sabo Power Limited
Debentures | -
3%₹100 Cr1,000
Essar Oil Limited
Debentures | -
3%₹100 Cr100
TMF Holdings Limited
Debentures | -
3%₹84 Cr700
6.17% Govt Stock 2021
Sovereign Bonds | -
3%₹76 Cr7,500,000
↑ 7,500,000
Prestige Estates Projects Limited
Debentures | -
2%₹75 Cr750
Embassy Office Parks Reit
Debentures | -
2%₹72 Cr600
IDBI Bank Limited
Debentures | -
2%₹69 Cr694
Muthoot Finance Limited
Debentures | -
2%₹65 Cr650,000

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 14.2% 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 (09 Apr 21) ₹172.28 ↓ -0.75   (-0.43 %)
Net Assets (Cr) ₹16,947 on 28 Feb 21
Category Hybrid - Hybrid Equity
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.72
Sharpe Ratio 0.93
Information Ratio -0.22
Alpha Ratio 0.8
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
31 Mar 16₹10,000
31 Mar 17₹12,768
31 Mar 18₹13,956
31 Mar 19₹15,023
31 Mar 20₹11,840
31 Mar 21₹18,963

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 ₹436,710.
Net Profit of ₹136,710
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 9 Apr 21

DurationReturns
1 Month -1.1%
3 Month 8.4%
6 Month 35.7%
1 Year 53.2%
3 Year 10.7%
5 Year 14.2%
10 Year
15 Year
Since launch 14.2%
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 155.32 Yr.
Manish Banthia19 Sep 137.54 Yr.
Mittul Kalawadia29 Dec 200.25 Yr.
Nikhil Kabra29 Dec 200.25 Yr.
Priyanka Khandelwal15 Jun 173.8 Yr.

Data below for ICICI Prudential Equity and Debt Fund as on 28 Feb 21

Asset Allocation
Asset ClassValue
Cash6.55%
Equity79.29%
Debt14.16%
Other0%
Equity Sector Allocation
SectorValue
Financial Services15.86%
Utility12.15%
Basic Materials10.72%
Communication Services7.78%
Energy7.3%
Consumer Cyclical6%
Technology5.27%
Industrials3.98%
Health Care3.83%
Consumer Defensive3.38%
Real Estate2.06%
Debt Sector Allocation
SectorValue
Corporate14.03%
Cash Equivalent6.55%
Government0.12%
Credit Quality
RatingValue
A3.49%
AA94.74%
AAA1.46%
BBB0.31%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
NTPC Ltd (Utilities)
Equity, Since 28 Feb 17 | 532555
8%₹1,412 Cr131,621,926
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 12 | ICICIBANK
8%₹1,336 Cr22,348,412
↓ -657,681
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 16 | BHARTIARTL
8%₹1,280 Cr23,017,626
↓ -429,260
Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 30 Apr 17 | 500312
5%₹880 Cr79,270,855
↓ -3,024,920
Hindalco Industries Ltd Shs Dematerialised (Basic Materials)
Equity, Since 31 Mar 17 | HINDALCO
5%₹851 Cr25,023,025
↓ -2,341,262
ITC Ltd (Consumer Defensive)
Equity, Since 28 Feb 17 | ITC
3%₹573 Cr28,118,203
↓ -401,606
Infosys Ltd (Technology)
Equity, Since 30 Jun 16 | INFY
3%₹545 Cr4,351,703
Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 May 16 | SUNPHARMA
3%₹536 Cr9,006,970
↓ -172,777
Tata Motors Ltd Class A (Consumer Cyclical)
Equity, Since 30 Nov 16 | TATAMTRDVR
3%₹491 Cr38,154,568
↓ -727,751
Axis Bank Limited
Debentures | -
3%₹466 Cr4,550

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 7.2% 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 (09 Apr 21) ₹26.8166 ↓ 0.00   (-0.02 %)
Net Assets (Cr) ₹10,462 on 28 Feb 21
Category Hybrid - Arbitrage
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 0.94
Sharpe Ratio -0.64
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
31 Mar 16₹10,000
31 Mar 17₹10,651
31 Mar 18₹11,263
31 Mar 19₹11,941
31 Mar 20₹12,689
31 Mar 21₹13,124

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 9 Apr 21

DurationReturns
1 Month 0.4%
3 Month 0.8%
6 Month 1.7%
1 Year 3.4%
3 Year 5.2%
5 Year 5.6%
10 Year
15 Year
Since launch 7.2%
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 1110.17 Yr.
Rohan Maru29 Dec 200.25 Yr.
Nikhil Kabra29 Dec 200.25 Yr.
Priyanka Khandelwal1 Jun 200.83 Yr.

Data below for ICICI Prudential Equity Arbitrage Fund as on 28 Feb 21

Asset Allocation
Asset ClassValue
Cash96.51%
Debt3.81%
Equity Sector Allocation
SectorValue
Financial Services19.93%
Basic Materials10.26%
Energy8.02%
Health Care6.94%
Consumer Cyclical6.58%
Industrials5.4%
Consumer Defensive4.9%
Technology2.98%
Communication Services2.94%
Utility0.86%
Real Estate0.33%
Debt Sector Allocation
SectorValue
Cash Equivalent96.51%
Government2.82%
Corporate0.99%
Credit Quality
RatingValue
AA8.09%
AAA91.91%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
182 DTB 18032021
Sovereign Bonds | -
7%₹699 Cr70,000,000
Future on Reliance Industries Ltd Shs Dematerialised
Derivatives | -
6%-₹607 Cr2,899,500
↑ 2,899,500
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Aug 18 | RELIANCE
6%₹605 Cr2,899,500
↓ -33,000
Future on ICICI Bank Ltd
Derivatives | -
5%-₹477 Cr7,953,000
↓ -342,375
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 19 | ICICIBANK
5%₹475 Cr7,953,000
↓ -342,375
364 DTB 25032021
Sovereign Bonds | -
3%₹349 Cr35,000,000
Future on Axis Bank Ltd
Derivatives | -
3%-₹344 Cr4,723,200
↓ -494,400
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | 532215
3%₹342 Cr4,723,200
↓ -494,400
Hdfc Ltd.
Derivatives | -
3%-₹339 Cr1,329,000
↑ 1,329,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 16 | HDFC
3%₹337 Cr1,329,000
↓ -677,700

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 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 (09 Apr 21) ₹44.37 ↓ -0.08   (-0.18 %)
Net Assets (Cr) ₹29,912 on 28 Feb 21
Category Hybrid - Dynamic Allocation
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.71
Sharpe Ratio 0.73
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
31 Mar 16₹10,000
31 Mar 17₹11,794
31 Mar 18₹12,913
31 Mar 19₹13,783
31 Mar 20₹11,923
31 Mar 21₹17,254

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 ₹405,518.
Net Profit of ₹105,518
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 9 Apr 21

DurationReturns
1 Month -0.8%
3 Month 2.7%
6 Month 14.2%
1 Year 39%
3 Year 9.7%
5 Year 11.8%
10 Year
15 Year
Since launch 11%
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 173.72 Yr.
Rajat Chandak7 Sep 155.57 Yr.
Manish Banthia18 Nov 0911.38 Yr.
Ihab Dalwai29 Jan 183.17 Yr.
Ritesh Lunawat29 Dec 200.25 Yr.
Priyanka Khandelwal15 Jun 173.8 Yr.

Data below for ICICI Prudential Balanced Advantage Fund as on 28 Feb 21

Asset Allocation
Asset ClassValue
Cash45.4%
Equity37.9%
Debt16.7%
Equity Sector Allocation
SectorValue
Financial Services21.5%
Consumer Cyclical8.51%
Technology7.22%
Consumer Defensive6.3%
Energy6.26%
Communication Services3.9%
Basic Materials3.21%
Health Care2.88%
Utility2.69%
Industrials2.2%
Real Estate0.46%
Debt Sector Allocation
SectorValue
Cash Equivalent45.4%
Corporate14.83%
Government1.88%
Credit Quality
RatingValue
A6.08%
AA64.31%
AAA29.47%
BBB0.14%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 12 | ICICIBANK
6%₹1,835 Cr30,700,380
Nifty 50 Index
- | -
5%-₹1,542 Cr1,057,800
↑ 307,800
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Dec 08 | RELIANCE
5%₹1,453 Cr6,967,789
↓ -125,858
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFCBANK
5%₹1,441 Cr9,393,203
↓ -170,640
Infosys Ltd (Technology)
Equity, Since 31 Dec 08 | INFY
4%₹1,248 Cr9,956,761
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Aug 16 | HDFC
3%₹893 Cr3,517,332
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 15 | BHARTIARTL
3%₹790 Cr14,196,070
↓ -450,626
Future on Reliance Industries Ltd Shs Dematerialised
Derivatives | -
2%-₹744 Cr3,556,250
↑ 788,250
Axis Bank Limited
Debentures | -
2%₹706 Cr6,900
State Bank of India (Financial Services)
Equity, Since 31 Jan 14 | SBIN
2%₹674 Cr17,262,812

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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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