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Fincash » Mutual Funds » ICICI Prudential Balanced Advantage Fund

ICICI Prudential Balanced Advantage Fund - G

NAV  ₹69.66 ↑ 0.24  (0.35 %) as on 2 Dec 24

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 11.4% since its launch.  Ranked 18 in Dynamic Allocation category.  Return for 2023 was 16.5% , 2022 was 7.9% and 2021 was 15.1% .

Below is the key information for ICICI Prudential Balanced Advantage Fund

NAV as on 2 Dec 24₹69.66 ↑ 0.24  (0.35 %)
Net Assets (AUM) as on 31 Oct 2024 ₹60,545 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 Ratio2.08
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 24

DurationReturns
1 Month 0.2%
3 Month -1.2%
6 Month 6.8%
1 Year 16.6%
3 Year 12.5%
5 Year 13%
10 Year
15 Year
Since launch 11.4%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 16.5%
2022 7.9%
2021 15.1%
2020 11.7%
2019 10.8%
2018 2.4%
2017 19%
2016 7.3%
2015 6.7%

Growth of 10k Over Years

DateValue
30 Nov 19₹10,000
30 Nov 20₹10,833
30 Nov 21₹12,831
30 Nov 22₹14,039
30 Nov 23₹15,736
30 Nov 24₹18,351

Asset Allocation

Asset ClassValue
Cash36.11%
Equity47.11%
Debt16.41%

Sector Allocation

SectorValue
Cash Equivalent34.43%
Corporate9.2%
Government6.67%
Securitized2.59%
RatingValue
A3.89%
AA27.77%
AAA68.33%
SectorValue
Financial Services17.84%
Consumer Cyclical14.33%
Consumer Defensive7%
Technology6.23%
Industrials5.75%
Basic Materials5.09%
Energy3.36%
Health Care3.08%
Utility2.51%
Communication Services1.88%
Real Estate0.37%

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Nifty 50 Index
Derivatives | -
8%-₹5,016 Cr1,930,000
↑ 1,930,000
TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 30 Sep 16 | 532343
Auto Manufacturers5%₹3,063 Cr10,787,443
↓ -50,239
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 12 | ICICIBANK
Banks - Regional4%₹2,645 Cr20,775,205
↓ -1,619,800
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Apr 16 | MARUTI
Auto Manufacturers4%₹2,377 Cr1,795,308
↓ -342,721
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFCBANK
Banks - Regional4%₹2,320 Cr13,394,287
↓ -282,700
Infosys Ltd (Technology)
Equity, Since 31 Dec 08 | INFY
Information Technology Services3%₹1,954 Cr10,419,568
ITC Ltd (Consumer Defensive)
Equity, Since 30 Jun 13 | ITC
Tobacco3%₹1,677 Cr32,372,717
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT
Engineering & Construction2%₹1,527 Cr4,153,549
↓ -379,500
8% Govt Stock 2034
Sovereign Bonds | -
2%₹1,509 Cr149,643,240
Embassy Office Parks Reit
Unlisted bonds | -
2%₹1,447 Cr37,107,913
↓ -1,000,000
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Fund Managers

NameSinceTenure
Sankaran Naren14 Jul 177.31 Yr.
Rajat Chandak7 Sep 159.16 Yr.
Manish Banthia18 Nov 0914.96 Yr.
Ihab Dalwai29 Jan 186.76 Yr.
Akhil Kakkar22 Jan 240.78 Yr.
Sri Sharma30 Apr 213.51 Yr.
Sharmila D’mello31 Jul 222.26 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
₹17.73
↑ 0.06
6.04 %15.83 %11.54 %12.14 %
ICICI Prudential Balanced Advantage Fund
Normal Dividend, Payout
₹17.73
↑ 0.06
6.04 %15.83 %11.54 %12.14 %
ICICI Prudential Balanced Advantage Fund
Growth
₹69.66
↑ 0.24
6.77 %16.62 %12.55 %13.01 %
ICICI Prudential Balanced Advantage Fund
Monthly Dividend, Reinvestment
₹21.48
↑ 0.07
6.74 %16.55 %12.53 %12.84 %
ICICI Prudential Balanced Advantage Fund
Monthly Dividend, Payout
₹21.48
↑ 0.07
6.74 %16.55 %12.53 %12.84 %
Data as on 2 Dec 24

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