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Top 4 Best Balanced Funds by ICICI Prudential Mutual Fund 2023

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Top 4 Best Balanced Funds by ICICI Prudential Mutual Fund 2023

Updated on January 26, 2023 , 5127 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 (%)2022 (%)
ICICI Prudential MIP 25 Growth ₹58.0268
↓ -0.20
₹3,2910.73.74.58.37.95.1
ICICI Prudential Equity and Debt Fund Growth ₹239.52
↓ -2.08
₹21,2820.18.3819.312.511.7
ICICI Prudential Equity Arbitrage Fund Growth ₹28.9151
↑ 0.00
₹10,7851.62.94.44.14.94.2
ICICI Prudential Balanced Advantage Fund Growth ₹52.42
↓ -0.27
₹44,6340.14.66.810.99.37.9
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 27 Jan 23

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 9.8% since its launch.  Ranked 2 in Hybrid Debt category.  Return for 2022 was 5.1% , 2021 was 9.9% and 2020 was 10.9% .

Below is the key information for ICICI Prudential MIP 25

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.

DateValue
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

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 ₹367,070.
Net Profit of ₹67,070
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 Jan 23

DurationReturns
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
YearReturns
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
NameSinceTenure
Manish Banthia19 Sep 139.29 Yr.
Roshan Chutkey2 May 220.67 Yr.
Sharmila D’mello31 Jul 220.42 Yr.

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

Asset Allocation
Asset ClassValue
Cash20.84%
Equity21.09%
Debt58.07%
Equity Sector Allocation
SectorValue
Financial Services9.52%
Energy2.38%
Communication Services2.31%
Health Care2.3%
Consumer Cyclical2.13%
Industrials1.1%
Technology0.6%
Consumer Defensive0.46%
Utility0.3%
Debt Sector Allocation
SectorValue
Corporate37.4%
Cash Equivalent20.84%
Government20.67%
Credit Quality
RatingValue
A10.29%
AA45.76%
AAA43.96%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.69% Govt Stock 2034
Sovereign Bonds | -
12%₹401 Cr40,904,750
7.54% Govt Stock 2036
Sovereign Bonds | -
4%₹118 Cr11,658,050
L&T Metro Rail (Hyderabad) Limited
Debentures | -
2%₹83 Cr850
Motilal Oswal Finvest Ltd **
Debentures | -
2%₹80 Cr800
↑ 800
6.54% Govt Stock 2032
Sovereign Bonds | -
2%₹76 Cr8,000,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 19 | ICICIBANK
2%₹74 Cr818,381
Nayara Energy Limited
Debentures | -
2%₹73 Cr750
IDBI Bank Limited
Debentures | -
2%₹69 Cr694
Muthoot Finance Limited
Debentures | -
2%₹64 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 14.6% since its launch.  Ranked 7 in Hybrid Equity category.  Return for 2022 was 11.7% , 2021 was 41.7% and 2020 was 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 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.

DateValue
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

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 ₹415,684.
Net Profit of ₹115,684
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 Jan 23

DurationReturns
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
YearReturns
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
NameSinceTenure
Sankaran Naren7 Dec 157.07 Yr.
Manish Banthia19 Sep 139.29 Yr.
Mittul Kalawadia29 Dec 202.01 Yr.
Nikhil Kabra29 Dec 202.01 Yr.
Sri Sharma30 Apr 211.67 Yr.
Sharmila D’mello31 Jul 220.42 Yr.

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

Asset Allocation
Asset ClassValue
Cash11.2%
Equity71.87%
Debt16.93%
Equity Sector Allocation
SectorValue
Financial Services21.46%
Consumer Cyclical9.47%
Energy8.9%
Technology8.16%
Utility7.94%
Communication Services7.06%
Basic Materials3.13%
Industrials2.74%
Health Care2.02%
Real Estate0.81%
Consumer Defensive0.15%
Debt Sector Allocation
SectorValue
Government12.19%
Cash Equivalent10.51%
Corporate5.43%
Securitized0%
Credit Quality
RatingValue
A3.26%
AA21.51%
AAA75.22%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
NTPC Ltd (Utilities)
Equity, Since 28 Feb 17 | 532555
8%₹1,700 Cr98,743,040
↑ 3,000,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 12 | ICICIBANK
7%₹1,563 Cr16,407,645
↓ -76,855
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 16 | BHARTIARTL
7%₹1,438 Cr16,940,061
↑ 292,850
Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 30 Apr 17 | 500312
5%₹1,106 Cr78,355,022
↑ 2,965,177
Infosys Ltd (Technology)
Equity, Since 30 Jun 16 | INFY
5%₹1,057 Cr6,466,196
↓ -879,865
7.42 9/22/2033 12:00:00 Am
Sovereign Bonds | -
5%₹978 Cr97,950,000
7.69 10/30/2034 12:00:00 Am
Sovereign Bonds | -
4%₹841 Cr85,768,010
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 22 | RELIANCE
3%₹690 Cr2,526,731
↑ 164,656
Tata Motors Ltd Class A (Consumer Cyclical)
Equity, Since 30 Nov 16 | TATAMTRDVR
3%₹635 Cr27,024,763
↓ -628,076
State Bank of India (Financial Services)
Equity, Since 30 Apr 15 | SBIN
3%₹562 Cr9,326,095

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 2022 was 4.2% , 2021 was 3.9% and 2020 was 4.3% .

Below is the key information for ICICI Prudential Equity Arbitrage Fund

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.

DateValue
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

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 27 Jan 23

DurationReturns
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
YearReturns
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
NameSinceTenure
Kayzad Eghlim1 Feb 1111.92 Yr.
Rohan Maru29 Dec 202.01 Yr.
Nikhil Kabra29 Dec 202.01 Yr.
Sharmila D’mello31 Jul 220.42 Yr.

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

Asset Allocation
Asset ClassValue
Cash90.97%
Debt9.51%
Equity Sector Allocation
SectorValue
Financial Services16.23%
Basic Materials11.86%
Energy9.77%
Industrials7.94%
Health Care5.2%
Consumer Cyclical5%
Technology4.1%
Consumer Defensive3.24%
Communication Services2.23%
Utility2.01%
Real Estate1.64%
Debt Sector Allocation
SectorValue
Cash Equivalent90.68%
Government8.22%
Corporate1.56%
Securitized0.01%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Pru Savings Dir Gr
Investment Fund | -
7%₹745 Cr16,474,508
Future on Reliance Industries Ltd
Derivatives | -
5%-₹523 Cr1,904,750
↓ -338,250
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE
5%₹520 Cr1,904,750
↓ -338,250
Future on Adani Ports & Special Economic Zone Ltd
Derivatives | -
4%-₹453 Cr5,111,250
↓ -267,500
Future on Adani Enterprises Ltd
Derivatives | -
4%-₹450 Cr1,142,250
↓ -105,750
Adani Ports & Special Economic Zone Ltd (Industrials)
Equity, Since 31 Aug 19 | ADANIPORTS
4%₹450 Cr5,111,250
↓ -267,500
Adani Enterprises Ltd (Energy)
Equity, Since 30 Nov 19 | 512599
4%₹448 Cr1,142,250
↓ -105,750
Future on ICICI Bank Ltd
Derivatives | -
4%-₹407 Cr4,246,000
↓ -115,500
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 19 | ICICIBANK
4%₹405 Cr4,246,000
↓ -115,500
Future on HDFC Bank Ltd
Derivatives | -
4%-₹394 Cr2,199,200
↑ 483,750

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 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% .

Below is the key information for ICICI Prudential Balanced Advantage Fund

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.

DateValue
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

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 27 Jan 23

DurationReturns
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
YearReturns
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
NameSinceTenure
Sankaran Naren14 Jul 175.47 Yr.
Rajat Chandak7 Sep 157.32 Yr.
Manish Banthia18 Nov 0913.13 Yr.
Ihab Dalwai29 Jan 184.93 Yr.
Ritesh Lunawat29 Dec 202.01 Yr.
Sri Sharma30 Apr 211.67 Yr.
Sharmila D’mello31 Jul 220.42 Yr.

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

Asset Allocation
Asset ClassValue
Cash47.92%
Equity32.7%
Debt19.38%
Equity Sector Allocation
SectorValue
Financial Services21.95%
Consumer Cyclical9.75%
Technology7.79%
Energy7.79%
Consumer Defensive5.68%
Basic Materials3.15%
Health Care3.15%
Communication Services3.08%
Industrials2.49%
Utility1.89%
Real Estate0.11%
Debt Sector Allocation
SectorValue
Cash Equivalent46.83%
Government13.28%
Corporate5.06%
Securitized2.13%
Credit Quality
RatingValue
A3.65%
AA11.33%
AAA85.02%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Nifty 50 Index
- | -
10%-₹4,242 Cr2,247,300
↑ 2,247,300
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 08 | RELIANCE
6%₹2,735 Cr10,011,930
↓ -167,500
7.42 9/22/2033 12:00:00 Am
Sovereign Bonds | -
6%₹2,570 Cr257,450,350
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 12 | ICICIBANK
5%₹2,166 Cr22,729,505
↓ -534,875
Infosys Ltd (Technology)
Equity, Since 31 Dec 08 | INFY
5%₹2,042 Cr12,487,911
↓ -369,600
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFCBANK
4%₹1,871 Cr11,635,327
7.69 10/30/2034 12:00:00 Am
Sovereign Bonds | -
4%₹1,775 Cr180,976,540
Future on Reliance Industries Ltd
Derivatives | -
4%-₹1,639 Cr5,965,750
Future on HDFC Bank Ltd
Derivatives | -
3%-₹1,363 Cr6,575,750
↑ 2,896,800
State Bank of India (Financial Services)
Equity, Since 31 Jan 14 | SBIN
3%₹1,330 Cr22,076,687
↓ -435,000

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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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