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Fincash » Mutual Funds » ICICI Prudential Balanced Advantage Fund

ICICI Prudential Balanced Advantage Fund - G

NAV  ₹37.5 ↓ 0.04   (0.11 %) as on 11 Nov 19

Scheme Objective

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 launched on 30 Dec 06. It is a fund with Moderately High risk and has given a CAGR return of 10.8% since its launch.  Ranked 18 in Dynamic Allocation category.  Return for 2018 was 2.4% , 2017 was 19% and 2016 was 7.3% .

Below is the key information for ICICI Prudential Balanced Advantage Fund

NAV as on 11 Nov 19₹37.5 ↓ 0.04   (0.11 %)
Net Assets (AUM) as on 30 Sep 2019 ₹27,956 Cr.
Launch Date30 Dec 2006
CategoryHybrid - Dynamic Allocation
Rating
TypeOpen Ended Fund
RiskModerately High
AMCICICI Prudential Asset Management Company Limited
Alpha Ratio0.0
Expense Ratio2.36 %
Sharpe Ratio0.843
Information Ratio0.0
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹100
Exit Load 0-18 Months (1%),18 Months and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 Nov 19

DurationReturns
1 Month 3.8%
3 Month 6.2%
6 Month 6.8%
1 Year 11.8%
3 Year 9.8%
5 Year 9%
10 Year
15 Year
Since launch 10.8%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 2.4%
2017 19%
2016 7.3%
2015 6.7%
2014 29%
2013 10.9%
2012 33.3%
2011 -8.8%
2010 15.2%

Growth of 10k Over Years

DateValue
31 Oct 14₹10,000
31 Oct 15₹10,839
31 Oct 16₹12,013
31 Oct 17₹13,605
31 Oct 18₹13,687
31 Oct 19₹15,490
ICICI Prudential Balanced Advantage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash18.49%
Equity57.53%
Debt23.75%
Other0.23%
ICICI Prudential Balanced Advantage Fund Asset Allocation

Sector Allocation

SectorValue
Corporate18.85%
Cash Equivalent18.49%
Government4.91%
ICICI Prudential Balanced Advantage Fund Debt Allocation
SectorValue
Financial Services21.97%
Consumer Cyclical9.62%
Technology8.11%
Consumer Defensive7.15%
Energy5.01%
Basic Materials4.74%
Industrials4.39%
Health Care3.19%
Utility2.16%
Communication Services1.51%
Real Estate0.45%
ICICI Prudential Balanced Advantage Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Net Current Assets
Net Current Assets | -
11%₹3,140 Cr
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFCBANK
Banks - Regional - Asia4%₹1,115 Cr9,080,391
↓ -254,337
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Aug 16 | HDFC
Specialty Finance4%₹1,031 Cr5,214,116
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 08 | RELIANCE
Oil & Gas Refining & Marketing3%₹911 Cr6,839,602
↓ -88,597
Infosys Ltd (Technology)
Equity, Since 31 Dec 08 | INFY
Information Technology Services3%₹780 Cr9,679,585
↓ -1,944,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Jun 15 | KOTAKBANK
Banks - Regional - Asia3%₹773 Cr4,703,174
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 12 | ICICIBANK
Banks - Regional - Asia3%₹767 Cr17,689,161
↑ 1,906,938
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 14 | 532215
Banks - Regional - Asia2%₹678 Cr9,894,195
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT
Engineering & Construction2%₹654 Cr4,435,654
ITC Ltd (Consumer Defensive)
Equity, Since 30 Jun 13 | ITC
Tobacco2%₹625 Cr24,063,436
↑ 1,185,578
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Fund Managers

NameSinceTenure
Sankaran Naren14 Jul 171.63 Yr.
Rajat Chandak7 Sep 153.48 Yr.
Manish Banthia18 Nov 099.29 Yr.
Ihab Dalwai29 Jan 181.08 Yr.
Priyanka Khandelwal15 Jun 171.71 Yr.
Dharmesh Kakkad5 Sep 180.48 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,
HDFC Bank LtdHDFC Bank House,Kamala Mills Compound,Senapati Bapat Marg,,Lower Parel (W),
Citibank N.A. IndiaTrent House, 3rd Floor, G Block,,Plot No.60, Next to Citibank,,Bandra Kurla Complex,,Bandra (East),
HSBC LtdII Floor "Shiv",,Plot No 139-140 B,,Western Express Highway, Sahar Road Junction,,Vile Parle (E),

Registrar & Transfer Agent

Computer Age Management Svcs
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
ICICI Prudential Mutual FundOne BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
ICICI Prudential Balanced Advantage Fund
Normal Dividend, Reinvestment
₹15.11
↑ 0.02
5.28 %10.24 %9.06 %8.21 %
ICICI Prudential Balanced Advantage Fund
Normal Dividend, Payout
₹15.11
↑ 0.02
5.28 %10.24 %9.06 %8.21 %
ICICI Prudential Balanced Advantage Fund
Growth
₹37.5
↑ 0.04
6.81 %11.81 %9.77 %9.04 %
ICICI Prudential Balanced Advantage Fund
Monthly Dividend, Reinvestment
₹14.62
↑ 0.01
6.42 %10.97 %9.27 %8.62 %
ICICI Prudential Balanced Advantage Fund
Monthly Dividend, Payout
₹14.62
↑ 0.01
6.42 %10.97 %9.27 %8.62 %
Data as on 11 Nov 19

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.