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Fincash » Mutual Funds » ICICI Prudential Balanced Advantage Fund

ICICI Prudential Balanced Advantage Fund - G

NAV  ₹44.22 ↓ -0.46  (-1.03 %) as on 26 Feb 21

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 2020 was 11.7% , 2019 was 10.8% and 2018 was 2.4% .

Below is the key information for ICICI Prudential Balanced Advantage Fund

NAV as on 26 Feb 21₹44.22 ↓ -0.46  (-1.03 %)
Net Assets (AUM) as on 31 Jan 2021 ₹28,257 Cr.
Launch Date30 Dec 2006
CategoryHybrid - Dynamic Allocation
Rating
TypeOpen Ended Fund
RiskModerately High
AMCICICI Prudential Asset Management Company Limited
Alpha Ratio0.0
Expense Ratio1.71 %
Sharpe Ratio0.379
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 26 Feb 21

DurationReturns
1 Month 3%
3 Month 8%
6 Month 14.8%
1 Year 17.3%
3 Year 10%
5 Year 13.3%
10 Year
15 Year
Since launch 11.1%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2020 11.7%
2019 10.8%
2018 2.4%
2017 19%
2016 7.3%
2015 6.7%
2014 29%
2013 10.9%
2012 33.3%

Growth of 10k Over Years

DateValue
29 Feb 16₹10,000
28 Feb 17₹12,487
28 Feb 18₹13,997
28 Feb 19₹14,351
29 Feb 20₹15,552
28 Feb 21₹18,643
ICICI Prudential Balanced Advantage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash38.84%
Equity43.26%
Debt17.89%
ICICI Prudential Balanced Advantage Fund Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent36.19%
Corporate18.47%
Government2.08%
RatingValue
A4.82%
AA50.9%
AAA44.16%
BBB0.12%
ICICI Prudential Balanced Advantage Fund Debt Allocation
SectorValue
Financial Services20.55%
Consumer Cyclical8.18%
Technology7.53%
Consumer Defensive6.71%
Energy6.01%
Communication Services4.27%
Basic Materials2.97%
Health Care2.96%
Utility2.42%
Industrials2.16%
Real Estate0.43%
ICICI Prudential Balanced Advantage Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 12 | ICICIBANK
Banks - Regional6%₹1,649 Cr30,700,380
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFCBANK
Banks - Regional5%₹1,330 Cr9,563,843
↑ 335,338
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Dec 08 | RELIANCE
Oil & Gas Refining & Marketing5%₹1,307 Cr7,093,647
↓ -142,513
Infosys Ltd (Technology)
Equity, Since 31 Dec 08 | INFY
Information Technology Services4%₹1,234 Cr9,956,761
↓ -208,074
Nifty 50 Index
- | -
4%-₹1,028 Cr750,000
↓ -1,414,725
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Aug 16 | HDFC
Mortgage Finance3%₹836 Cr3,517,332
↑ 148,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 15 | BHARTIARTL
Telecom Services3%₹811 Cr14,646,696
↑ 427,395
Axis Bank Limited
Debentures | -
3%₹708 Cr6,900
Motherson Sumi Systems Ltd Shs Dematerialised (Consumer Cyclical)
Equity, Since 31 Jul 11 | MOTHERSUMI
Auto Parts2%₹589 Cr40,603,972
↓ -3,921,738
Future on HDFC Bank Ltd
Derivatives | -
2%-₹561 Cr3,309,100
↑ 1,261,500
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Fund Managers

NameSinceTenure
Sankaran Naren14 Jul 173.55 Yr.
Rajat Chandak7 Sep 155.41 Yr.
Manish Banthia18 Nov 0911.21 Yr.
Ihab Dalwai29 Jan 183.01 Yr.
Ritesh Lunawat29 Dec 200.09 Yr.
Priyanka Khandelwal15 Jun 173.63 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
↓ -0.17
14.23 %16.71 %9.07 %12.47 %
ICICI Prudential Balanced Advantage Fund
Normal Dividend, Payout
₹16.55
↓ -0.17
14.23 %16.71 %9.07 %12.47 %
ICICI Prudential Balanced Advantage Fund
Growth
₹44.22
↓ -0.46
14.8 %17.26 %9.97 %13.26 %
ICICI Prudential Balanced Advantage Fund
Monthly Dividend, Reinvestment
₹16.22
↓ -0.17
14.79 %17.14 %9.41 %12.76 %
ICICI Prudential Balanced Advantage Fund
Monthly Dividend, Payout
₹16.22
↓ -0.17
14.79 %17.14 %9.41 %12.76 %
Data as on 26 Feb 21

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