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Fincash » Mutual Funds » ICICI Prudential Balanced Advantage Fund

ICICI Prudential Balanced Advantage Fund - G

NAV  ₹53.12 ↓ -0.03  (-0.06 %) as on 2 Dec 22

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 11.1% since its launch.  Ranked 18 in Dynamic Allocation category.  Return for 2021 was 15.1% , 2020 was 11.7% and 2019 was 10.8% .

Below is the key information for ICICI Prudential Balanced Advantage Fund

NAV as on 2 Dec 22₹53.12 ↓ -0.03  (-0.06 %)
Net Assets (AUM) as on 31 Oct 2022 ₹44,002 Cr.
Launch Date30 Dec 2006
CategoryHybrid - Dynamic Allocation
Rating
TypeOpen Ended Fund
RiskModerately High
AMCICICI Prudential Asset Management Company Limited
Alpha Ratio0.0
Expense Ratio1.67 %
Sharpe Ratio0.503
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 2 Dec 22

DurationReturns
1 Month 1.2%
3 Month 2.8%
6 Month 7.5%
1 Year 8.7%
3 Year 12%
5 Year 10%
10 Year
15 Year
Since launch 11.1%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
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%

Growth of 10k Over Years

DateValue
30 Nov 17₹10,000
30 Nov 18₹10,263
30 Nov 19₹11,436
30 Nov 20₹12,388
30 Nov 21₹14,674
30 Nov 22₹16,055
ICICI Prudential Balanced Advantage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash39.13%
Equity40.69%
Debt20.18%
ICICI Prudential Balanced Advantage Fund Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent39.05%
Government13.46%
Corporate4.6%
Securitized2.2%
RatingValue
A3.82%
AA11.79%
AAA84.39%
ICICI Prudential Balanced Advantage Fund Debt Allocation
SectorValue
Financial Services21.24%
Consumer Cyclical10.1%
Technology7.32%
Energy7.3%
Consumer Defensive5.84%
Communication Services3.33%
Health Care3.23%
Basic Materials3.07%
Industrials2.48%
Utility1.82%
Real Estate0.11%
ICICI Prudential Balanced Advantage Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
5.53% Govt Stock 2033
Sovereign Bonds | -
6%₹2,578 Cr257,450,350
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 08 | RELIANCE
Oil & Gas Refining & Marketing6%₹2,451 Cr10,309,430
↑ 606,750
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 12 | ICICIBANK
Banks - Regional5%₹2,086 Cr24,199,380
Infosys Ltd (Technology)
Equity, Since 31 Dec 08 | INFY
Information Technology Services4%₹1,837 Cr12,997,910
↑ 693,900
5.38% Govt Stock 2034
Sovereign Bonds | -
4%₹1,777 Cr180,976,540
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFCBANK
Banks - Regional4%₹1,716 Cr12,071,477
↑ 1,313,334
Future on Reliance Industries Ltd
Derivatives | -
3%-₹1,423 Cr5,965,750
↑ 606,750
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 15 | BHARTIARTL
Telecom Services3%₹1,178 Cr14,723,989
↓ -3,565,426
State Bank of India (Financial Services)
Equity, Since 31 Jan 14 | SBIN
Banks - Regional3%₹1,171 Cr22,070,687
↑ 1,500,000
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Apr 17 | M&M
Auto Manufacturers3%₹1,081 Cr8,526,847
↑ 420,000
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Fund Managers

NameSinceTenure
Sankaran Naren14 Jul 175.3 Yr.
Rajat Chandak7 Sep 157.16 Yr.
Manish Banthia18 Nov 0912.96 Yr.
Ihab Dalwai29 Jan 184.76 Yr.
Ritesh Lunawat29 Dec 201.84 Yr.
Sri Sharma30 Apr 211.51 Yr.
Sharmila D’mello31 Jul 220.25 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 Services Ltd
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
₹16.55
↓ -0.01
6.61 %7.82 %11.27 %9.11 %
ICICI Prudential Balanced Advantage Fund
Normal Dividend, Payout
₹16.55
↓ -0.01
6.61 %7.82 %11.27 %9.11 %
ICICI Prudential Balanced Advantage Fund
Growth
₹53.12
↓ -0.03
7.47 %8.72 %12.02 %10 %
ICICI Prudential Balanced Advantage Fund
Monthly Dividend, Reinvestment
₹17.8
↓ -0.09
6.58 %8.25 %11.6 %9.56 %
ICICI Prudential Balanced Advantage Fund
Monthly Dividend, Payout
₹17.8
↓ -0.09
6.58 %8.25 %11.6 %9.56 %
Data as on 2 Dec 22

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