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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 October 20, 2021 , 3397 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 ₹55.3506
↑ 0.03
₹3,3805.48.414.711.39.510.9
ICICI Prudential Equity and Debt Fund Growth ₹220.84
↓ -1.17
₹18,65316.731.173.821.415.69
ICICI Prudential Equity Arbitrage Fund Growth ₹27.4112
↑ 0.02
₹15,3460.81.93.84.85.34.3
ICICI Prudential Balanced Advantage Fund Growth ₹49.23
↑ 0.03
₹35,737611.927.114.61111.7
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Oct 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 10.2% 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 (22 Oct 21) ₹55.3506 ↑ 0.03   (0.05 %)
Net Assets (Cr) ₹3,380 on 30 Sep 21
Category Hybrid - Hybrid Debt
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.87
Sharpe Ratio 3.66
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 16₹10,000
30 Sep 17₹11,066
30 Sep 18₹11,517
30 Sep 19₹12,609
30 Sep 20₹13,689
30 Sep 21₹15,806

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 22 Oct 21

DurationReturns
1 Month 1.2%
3 Month 5.4%
6 Month 8.4%
1 Year 14.7%
3 Year 11.3%
5 Year 9.5%
10 Year
15 Year
Since launch 10.2%
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 137.96 Yr.
Priyanka Khandelwal15 Jun 174.22 Yr.
Parag Thakkar28 Jun 210.18 Yr.

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

Asset Allocation
Asset ClassValue
Cash24.13%
Equity20.47%
Debt55.39%
Equity Sector Allocation
SectorValue
Financial Services4.53%
Industrials4.45%
Consumer Defensive2.99%
Health Care2.05%
Communication Services1.68%
Utility1.68%
Consumer Cyclical1.58%
Energy1.25%
Technology0.17%
Basic Materials0.08%
Debt Sector Allocation
SectorValue
Corporate40.29%
Cash Equivalent24.13%
Government15.1%
Credit Quality
RatingValue
A8.42%
AA59.29%
AAA32.21%
B0.08%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
6.64% Govt Stock 2035
Sovereign Bonds | -
7%₹222 Cr22,256,750
ITC Ltd (Consumer Defensive)
Equity, Since 30 Jun 13 | ITC
3%₹90 Cr4,164,832
↑ 2,450,000
TMF Holdings Limited
Debentures | -
3%₹88 Cr700
06.58 GJ SDL 2027
Sovereign Bonds | -
3%₹87 Cr8,484,000
07.19 UP SDL 2031
Sovereign Bonds | -
2%₹77 Cr7,500,000
Embassy Office Parks Reit
Debentures | -
2%₹75 Cr600
Nayara Energy Limited
Debentures | -
2%₹74 Cr750
IDBI Bank Limited
Debentures | -
2%₹71 Cr694
Muthoot Finance Limited
Debentures | -
2%₹67 Cr650,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 15 Aug 21 | LT
2%₹59 Cr342,644
↑ 202,889

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 15.1% 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 (22 Oct 21) ₹220.84 ↓ -1.17   (-0.53 %)
Net Assets (Cr) ₹18,653 on 30 Sep 21
Category Hybrid - Hybrid Equity
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.78
Sharpe Ratio 3.36
Information Ratio 0.22
Alpha Ratio 11.04
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 16₹10,000
30 Sep 17₹11,488
30 Sep 18₹12,141
30 Sep 19₹12,512
30 Sep 20₹11,947
30 Sep 21₹20,440

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 ₹447,579.
Net Profit of ₹147,579
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 22 Oct 21

DurationReturns
1 Month 5.8%
3 Month 16.7%
6 Month 31.1%
1 Year 73.8%
3 Year 21.4%
5 Year 15.6%
10 Year
15 Year
Since launch 15.1%
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 155.74 Yr.
Manish Banthia19 Sep 137.96 Yr.
Mittul Kalawadia29 Dec 200.67 Yr.
Nikhil Kabra29 Dec 200.67 Yr.
Priyanka Khandelwal15 Jun 174.22 Yr.
Sri Sharma30 Apr 210.34 Yr.

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

Asset Allocation
Asset ClassValue
Cash6.88%
Equity76.17%
Debt16.95%
Equity Sector Allocation
SectorValue
Financial Services18.15%
Utility9.2%
Communication Services8.83%
Basic Materials7.35%
Consumer Cyclical7.29%
Energy7.25%
Technology5%
Health Care4.8%
Consumer Defensive3.62%
Industrials3.46%
Real Estate0.53%
Debt Sector Allocation
SectorValue
Corporate11.18%
Cash Equivalent6.88%
Government5.77%
Credit Quality
RatingValue
A1.58%
AA60.22%
AAA38.16%
B0.04%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 16 | BHARTIARTL
9%₹1,522 Cr22,922,321
↓ -1,269,786
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 12 | ICICIBANK
8%₹1,510 Cr21,000,000
NTPC Ltd (Utilities)
Equity, Since 28 Feb 17 | 532555
7%₹1,291 Cr111,343,315
Hindalco Industries Ltd (Basic Materials)
Equity, Since 31 Mar 17 | HINDALCO
5%₹940 Cr20,063,280
↓ -665,250
Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 30 Apr 17 | 500312
5%₹907 Cr75,207,257
↑ 5,207,257
Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 May 16 | SUNPHARMA
5%₹858 Cr10,804,867
6.64% Govt Stock 2035
Sovereign Bonds | -
4%₹766 Cr77,500,000
ITC Ltd (Consumer Defensive)
Equity, Since 28 Feb 17 | ITC
3%₹579 Cr27,415,134
HCL Technologies Ltd (Technology)
Equity, Since 31 Jan 21 | HCLTECH
3%₹462 Cr3,910,564
↓ -893,456
Tata Motors Ltd Class A (Consumer Cyclical)
Equity, Since 30 Nov 16 | TATAMTRDVR
3%₹462 Cr33,827,953

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% 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 (22 Oct 21) ₹27.4112 ↑ 0.02   (0.08 %)
Net Assets (Cr) ₹15,346 on 30 Sep 21
Category Hybrid - Arbitrage
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 0.97
Sharpe Ratio 0.61
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 16₹10,000
30 Sep 17₹10,589
30 Sep 18₹11,219
30 Sep 19₹11,915
30 Sep 20₹12,471
30 Sep 21₹12,948

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 22 Oct 21

DurationReturns
1 Month 0.3%
3 Month 0.8%
6 Month 1.9%
1 Year 3.8%
3 Year 4.8%
5 Year 5.3%
10 Year
15 Year
Since launch 7%
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 1110.59 Yr.
Rohan Maru29 Dec 200.67 Yr.
Nikhil Kabra29 Dec 200.67 Yr.
Priyanka Khandelwal1 Jun 201.25 Yr.

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

Asset Allocation
Asset ClassValue
Cash90.18%
Debt9.9%
Equity Sector Allocation
SectorValue
Financial Services16.13%
Basic Materials15.14%
Health Care7.08%
Energy6.3%
Industrials5.96%
Technology5.44%
Consumer Defensive4.17%
Communication Services3.94%
Consumer Cyclical3.58%
Utility1.41%
Real Estate0.71%
Debt Sector Allocation
SectorValue
Cash Equivalent90.18%
Government9.24%
Corporate0.65%
Credit Quality
RatingValue
AA3.05%
AAA96.95%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Future on Tata Steel Ltd.
Derivatives | -
4%-₹608 Cr4,192,200
↑ 195,500
Tata Steel Ltd (Basic Materials)
Equity, Since 31 Jul 20 | TATASTEEL
4%₹608 Cr4,192,200
↑ 195,500
182 DTB 30122021
Sovereign Bonds | -
3%₹495 Cr50,000,000
364 DTB 06012022
Sovereign Bonds | -
3%₹494 Cr50,000,000
↑ 50,000,000
182 DTB 13012022
Sovereign Bonds | -
3%₹467 Cr47,294,200
↑ 47,294,200
Future on Bharti Airtel Ltd
Derivatives | -
3%-₹455 Cr6,852,402
↓ -808,887
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 19 | BHARTIARTL
3%₹455 Cr6,852,402
↓ -808,887
Future on ICICI Bank Ltd
Derivatives | -
3%-₹450 Cr6,259,000
↑ 1,813,625
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 19 | ICICIBANK
3%₹450 Cr6,259,000
↑ 1,813,625
Future on Reliance Industries Ltd
Derivatives | -
3%-₹421 Cr1,858,000
↓ -251,750

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 11.4% 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 (22 Oct 21) ₹49.23 ↑ 0.03   (0.06 %)
Net Assets (Cr) ₹35,737 on 30 Sep 21
Category Hybrid - Dynamic Allocation
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.72
Sharpe Ratio 3.02
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 16₹10,000
30 Sep 17₹11,129
30 Sep 18₹11,645
30 Sep 19₹12,707
30 Sep 20₹13,174
30 Sep 21₹16,906

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 22 Oct 21

DurationReturns
1 Month 2%
3 Month 6%
6 Month 11.9%
1 Year 27.1%
3 Year 14.6%
5 Year 11%
10 Year
15 Year
Since launch 11.4%
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 174.14 Yr.
Rajat Chandak7 Sep 155.99 Yr.
Manish Banthia18 Nov 0911.79 Yr.
Ihab Dalwai29 Jan 183.59 Yr.
Ritesh Lunawat29 Dec 200.67 Yr.
Priyanka Khandelwal15 Jun 174.22 Yr.
Sri Sharma30 Apr 210.34 Yr.

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

Asset Allocation
Asset ClassValue
Cash44.53%
Equity35.99%
Debt19.48%
Equity Sector Allocation
SectorValue
Financial Services22.13%
Consumer Cyclical8.39%
Technology8.14%
Energy6.92%
Consumer Defensive5.66%
Basic Materials3.97%
Communication Services3.38%
Health Care3.2%
Industrials2.09%
Utility1.97%
Real Estate0.32%
Debt Sector Allocation
SectorValue
Cash Equivalent44.53%
Corporate12.51%
Government6.97%
Credit Quality
RatingValue
A2.87%
AA37.1%
AAA60.01%
B0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Nifty 50 Index
- | -
11%-₹3,791 Cr2,214,200
↑ 550,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 12 | ICICIBANK
6%₹2,207 Cr30,690,755
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 08 | RELIANCE
5%₹1,755 Cr7,770,465
↓ -1,695,633
Infosys Ltd (Technology)
Equity, Since 31 Dec 08 | INFY
5%₹1,582 Cr9,271,361
↓ -995,400
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFCBANK
4%₹1,453 Cr9,184,982
↓ -331,650
6.64% Govt Stock 2035
Sovereign Bonds | -
3%₹1,198 Cr121,302,500
↑ 20,000,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Aug 16 | HDFC
3%₹996 Cr3,558,907
↓ -18,100
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 15 | BHARTIARTL
3%₹970 Cr14,610,877
↓ -573,810
Future on Infosys Ltd
Derivatives | -
2%-₹850 Cr4,967,400
Future on Reliance Industries Ltd
Derivatives | -
2%-₹817 Cr3,604,250

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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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