fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Mutual Funds » ICICI Prudential Balanced Advantage Fund

ICICI Prudential Balanced Advantage Fund - G

NAV  ₹51.92 ↓ -0.16  (-0.31 %) as on 24 Mar 23

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 10.7% 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

NAV as on 24 Mar 23₹51.92 ↓ -0.16  (-0.31 %)
Net Assets (AUM) as on 28 Feb 2023 ₹44,516 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 Ratio0.301
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 24 Mar 23

DurationReturns
1 Month -1.1%
3 Month -0.7%
6 Month 0.7%
1 Year 5.7%
3 Year 21.9%
5 Year 9.6%
10 Year
15 Year
Since launch 10.7%

Historical Annual Returns

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%

Growth of 10k Over Years

DateValue
28 Feb 18₹10,000
28 Feb 19₹10,253
29 Feb 20₹11,111
28 Feb 21₹13,319
28 Feb 22₹14,741
28 Feb 23₹15,762
ICICI Prudential Balanced Advantage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash38.7%
Equity41.51%
Debt19.79%
ICICI Prudential Balanced Advantage Fund Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent37.14%
Government13.07%
Corporate6.24%
Securitized2.04%
RatingValue
A2.62%
AA13.86%
AAA83.52%
ICICI Prudential Balanced Advantage Fund Debt Allocation
SectorValue
Financial Services21.09%
Consumer Cyclical10.02%
Technology7.31%
Energy7.31%
Consumer Defensive5.64%
Basic Materials3.35%
Health Care3.03%
Communication Services3.01%
Industrials2.79%
Utility1.93%
Real Estate0.1%
ICICI Prudential Balanced Advantage Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
7.42 9/22/2033 12:00:00 Am
Sovereign Bonds | -
6%₹2,553 Cr257,450,350
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 08 | RELIANCE
Oil & Gas Refining & Marketing6%₹2,502 Cr10,628,520
↑ 616,590
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 12 | ICICIBANK
Banks - Regional4%₹1,951 Cr23,449,605
↑ 550,000
Infosys Ltd (Technology)
Equity, Since 31 Dec 08 | INFY
Information Technology Services4%₹1,946 Cr12,687,911
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFCBANK
Banks - Regional4%₹1,801 Cr11,229,977
↓ -228,250
7.69 10/30/2034 12:00:00 Am
Sovereign Bonds | -
4%₹1,764 Cr180,976,540
Future on Reliance Industries Ltd
Derivatives | -
3%-₹1,415 Cr5,965,750
↓ -121,250
Future on HDFC Bank Ltd
Derivatives | -
3%-₹1,368 Cr6,665,150
State Bank of India (Financial Services)
Equity, Since 31 Jan 14 | SBIN
Banks - Regional3%₹1,222 Cr22,076,687
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Aug 16 | HDFC
Mortgage Finance3%₹1,150 Cr4,383,875
1 - 10 of 194
Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Fund Managers

NameSinceTenure
Sankaran Naren14 Jul 175.56 Yr.
Rajat Chandak7 Sep 157.41 Yr.
Manish Banthia18 Nov 0913.21 Yr.
Ihab Dalwai29 Jan 185.01 Yr.
Ritesh Lunawat29 Dec 202.09 Yr.
Sri Sharma30 Apr 211.76 Yr.
Sharmila D’mello31 Jul 220.51 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
₹16.18
↓ -0.05
-0.09 %4.84 %21.08 %8.75 %
ICICI Prudential Balanced Advantage Fund
Normal Dividend, Payout
₹16.18
↓ -0.05
-0.09 %4.84 %21.08 %8.75 %
ICICI Prudential Balanced Advantage Fund
Growth
₹51.92
↓ -0.16
0.72 %5.68 %21.9 %9.62 %
ICICI Prudential Balanced Advantage Fund
Monthly Dividend, Reinvestment
₹17.2
↓ -0.05
0.71 %5.67 %21.91 %9.27 %
ICICI Prudential Balanced Advantage Fund
Monthly Dividend, Payout
₹17.2
↓ -0.05
0.71 %5.67 %21.91 %9.27 %
Data as on 24 Mar 23

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