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Fincash » Mutual Funds » ICICI Prudential Balanced Advantage Fund

ICICI Prudential Balanced Advantage Fund - G

NAV  ₹56.67 ↑ 0.05  (0.09 %) as on 22 Aug 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 11% 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 22 Aug 23₹56.67 ↑ 0.05  (0.09 %)
Net Assets (AUM) as on 31 Jul 2023 ₹48,721 Cr.
Launch Date30 Dec 2006
CategoryHybrid - Dynamic Allocation
Rating
TypeOpen Ended Fund
RiskModerately High
AMCICICI Prudential Asset Management Company Limited
Alpha Ratio0.0
Expense Ratio1.59 %
Sharpe Ratio1.222
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 22 Aug 23

DurationReturns
1 Month 0.7%
3 Month 4.8%
6 Month 7.7%
1 Year 10.7%
3 Year 14%
5 Year 10.6%
10 Year
15 Year
Since launch 11%

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
30 Sep 18₹10,000
30 Sep 19₹10,913
30 Sep 20₹11,314
30 Sep 21₹14,518
30 Sep 22₹15,389
30 Sep 23₹17,274
ICICI Prudential Balanced Advantage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash33.94%
Equity45.71%
Debt20.35%
ICICI Prudential Balanced Advantage Fund Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent32.52%
Government14.38%
Corporate5.11%
Securitized2.28%
RatingValue
A3.48%
AA10.57%
AAA85.95%
ICICI Prudential Balanced Advantage Fund Debt Allocation
SectorValue
Financial Services19.01%
Consumer Cyclical11.62%
Consumer Defensive7.6%
Technology7.42%
Energy4.53%
Industrials4.09%
Basic Materials3.71%
Communication Services3.19%
Health Care2.92%
Utility2.29%
Real Estate0.62%
ICICI Prudential Balanced Advantage Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFCBANK
Banks - Regional5%₹2,547 Cr16,205,571
8.51% Govt Stock 2033
Sovereign Bonds | -
5%₹2,483 Cr244,689,000
↓ -5,136,350
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 12 | ICICIBANK
Banks - Regional5%₹2,339 Cr24,399,605
Infosys Ltd (Technology)
Equity, Since 31 Dec 08 | INFY
Information Technology Services4%₹1,892 Cr13,181,111
↑ 388,800
Nifty 50 Index
- | -
3%-₹1,660 Cr855,100
↓ -535,000
TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 30 Sep 16 | 532343
Auto Manufacturers3%₹1,589 Cr11,188,240
↑ 699,570
7.93% Govt Stock 2034
Sovereign Bonds | -
3%₹1,514 Cr151,976,540
↓ -29,000,000
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Apr 16 | MARUTI
Auto Manufacturers3%₹1,481 Cr1,480,538
↓ -51,664
7.26% Govt Stock 2033
Sovereign Bonds | -
3%₹1,466 Cr145,642,570
↑ 20,000,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 08 | RELIANCE
Oil & Gas Refining & Marketing3%₹1,372 Cr5,702,113
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Fund Managers

NameSinceTenure
Sankaran Naren14 Jul 176.14 Yr.
Rajat Chandak7 Sep 157.99 Yr.
Manish Banthia18 Nov 0913.79 Yr.
Ihab Dalwai29 Jan 185.59 Yr.
Ritesh Lunawat29 Dec 202.67 Yr.
Sri Sharma30 Apr 212.34 Yr.
Sharmila D’mello31 Jul 221.09 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, Payout
₹17.66
↑ 0.02
7.75 %9.86 %13.26 %9.71 %
ICICI Prudential Balanced Advantage Fund
Growth
₹56.67
↑ 0.05
7.74 %10.71 %14.03 %10.61 %
ICICI Prudential Balanced Advantage Fund
Normal Dividend, Reinvestment
₹17.66
↑ 0.02
7.75 %9.86 %13.26 %9.71 %
ICICI Prudential Balanced Advantage Fund
Monthly Dividend, Reinvestment
₹18.41
↑ 0.02
7.35 %10.31 %13.87 %10.27 %
ICICI Prudential Balanced Advantage Fund
Monthly Dividend, Payout
₹18.41
↑ 0.02
7.35 %10.31 %13.87 %10.27 %
Data as on 22 Aug 23

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