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  ₹34.86 ↓ 0.18   (0.52 %) as on 23 Aug 19

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 10.4% since its launch.  Ranked 18 in Dynamic Allocation category.  Return for 2018 was 2.4% , 2017 was 19% and 2016 was 7.3% .

Below is the key information for ICICI Prudential Balanced Advantage Fund

NAV as on 23 Aug 19₹34.86 ↓ 0.18   (0.52 %)
Net Assets (AUM) as on 31 Jul 2019 ₹27,798 Cr.
Launch Date30 Dec 2006
CategoryHybrid - Dynamic Allocation
Rating
TypeOpen Ended Fund
RiskModerately High
AMCICICI Prudential Asset Management Company Limited
Alpha Ratio0.0
Expense Ratio2.36 %
Sharpe Ratio0.082
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 23 Aug 19

DurationReturns
1 Month -1.9%
3 Month -2.1%
6 Month 2.8%
1 Year 1.8%
3 Year 7%
5 Year 8.6%
10 Year
15 Year
Since launch 10.4%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 2.4%
2017 19%
2016 7.3%
2015 6.7%
2014 29%
2013 10.9%
2012 33.3%
2011 -8.8%
2010 15.2%

Growth of 10k Over Years

DateValue
31 Jul 14₹10,000
31 Jul 15₹11,698
31 Jul 16₹12,561
31 Jul 17₹14,065
31 Jul 18₹15,024
31 Jul 19₹15,599
ICICI Prudential Balanced Advantage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash26.45%
Equity49.54%
Debt23.75%
Other0.26%
ICICI Prudential Balanced Advantage Fund Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent26.45%
Corporate20.14%
Government3.44%
Securitized0.17%
ICICI Prudential Balanced Advantage Fund Debt Allocation
SectorValue
Financial Services23.15%
Consumer Cyclical8.69%
Technology8.25%
Consumer Defensive6.5%
Basic Materials4.66%
Industrials3.97%
Energy3.82%
Health Care3.21%
Utility2.25%
Communication Services1.46%
Real Estate0.17%
ICICI Prudential Balanced Advantage Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Net Current Assets
Net Current Assets | -
17%₹4,732 Cr
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Aug 16 | HDFC
Specialty Finance4%₹1,227 Cr5,782,749
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFCBANK
Banks - Regional - Asia4%₹1,079 Cr4,791,955
↑ 144,061
Infosys Ltd (Technology)
Equity, Since 31 Dec 08 | INFY
Information Technology Services3%₹953 Cr12,009,826
↓ -357,600
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Jun 15 | KOTAKBANK
Banks - Regional - Asia3%₹814 Cr5,355,162
↓ -384,385
Hdfc Ltd.
Derivatives | -
2%-₹685 Cr3,216,000
↑ 150,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 14 | 532215
Banks - Regional - Asia2%₹684 Cr10,142,339
↓ -69,361
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 12 | ICICIBANK
Banks - Regional - Asia2%₹670 Cr15,782,223
↑ 471,254
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT
Engineering & Construction2%₹646 Cr4,656,392
State Bank of India (Financial Services)
Equity, Since 31 Jan 14 | SBIN
Banks - Regional - Asia2%₹622 Cr18,734,660
↑ 745,298
1 - 10 of 240
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 171.63 Yr.
Rajat Chandak7 Sep 153.48 Yr.
Manish Banthia18 Nov 099.29 Yr.
Ihab Dalwai29 Jan 181.08 Yr.
Priyanka Khandelwal15 Jun 171.71 Yr.
Dharmesh Kakkad5 Sep 180.48 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 Svcs
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
₹15.24
↑ 0.08
2.83 %1.23 %6.44 %7.93 %
ICICI Prudential Balanced Advantage Fund
Normal Dividend, Payout
₹15.24
↑ 0.08
2.83 %1.23 %6.44 %7.93 %
ICICI Prudential Balanced Advantage Fund
Growth
₹34.86
↑ 0.18
2.8 %1.81 %6.97 %8.63 %
ICICI Prudential Balanced Advantage Fund
Monthly Dividend, Reinvestment
₹13.8
↑ 0.07
2.49 %1.14 %6.35 %8.26 %
ICICI Prudential Balanced Advantage Fund
Monthly Dividend, Payout
₹13.8
↑ 0.07
2.49 %1.14 %6.35 %8.26 %
Data as on 23 Aug 19

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