ICICI Prudential Balanced Advantage Fund Direct Plan Growth - Regular - Latest NAV [ ₹50.59 ], Returns, Performance, Portfolio & Returns 2021

ICICI Prudential Balanced Advantage Fund Direct Plan Growth

  • highlight
    11.39%
  • highlight
    (--0.03)50.59

Min amount: ₹100

Calculate Returns

20 yrs
Rs. 100 invested monthly becomes Rs. 92,028 in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years11.39%
3 Years11.87%
1 Year25.63%
6 Months9.79%
Fund Details
ISININF109K012B0
RiskHigh Risk
Fund TypeDynamic Asset Allocation
NAV50.59
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Cash Offset For Derivatives26.6%
Nifty 50 Index7.24%
Reliance Industries Ltd Shs Dematerialised6.07%
ICICI Bank Ltd5.88%
Treps5.2%
Infosys Ltd4.93%
HDFC Bank Ltd4.21%
6.64% Govt Stock 20352.9%
Housing Development Finance Corp Ltd2.69%
Future on Infosys Ltd2.62%

About ICICI Prudential Balanced Advantage Fund

ICICI Prudential Balanced Advantage Fund is an equity-oriented scheme that seeks to benefit the investors even in the case of market volatility. The fund is suitable for those investors who wish to invest in equity markets with a conservative approach.

Pros and Cons of ICICI Prudential Balanced Advantage Fund

The fund is suitable for those who have long-term financial goals. Since the fund invests both in equity and debt instruments, you can make reasonable returns when the market has relatively lower volatility. The three-year and five-year returns of the scheme has been higher than the category average returns. The asset under management has crossed Rs.20,000 crore mark; therefore, the returns may fall at any time.

Fund Information and Statistics

i) Inception/Launch Date ICICI Prudential Balanced Advantage Fund was launched on 1 January 2013.

ii) Risk level The ICICI Prudential Balanced Advantage Fund is suitable for those investors who have a moderately high-risk appetite. However, the scheme employs an in-house valuation model to reduce the downside risk during the market crash and alleviates growth opportunities in during rising market conditions.

iii) Redemption The fund does not include a lock-in period. Therefore, redeeming units from the scheme is a simpler process.

iv) Fund Manager Mr Sankaran Naren, Mr Rajat Chandak, Mr Ihab Dalwai, and Mr Dharmesh Kakkad are currently managing the equity portion. Mr Manish Banthia is currently managing the debt portion of the fund. In addition, Ms Priyanka Khandelwal is managing the foreign investments.

v) Entry/Exit Load Though the entry load does not exist, an exit load of 1% is chargeable when you switch-out or redeem units before 18 months from the date of allotment.

About ICICI Prudential Mutual Fund

ICICI Prudential Asset Management Company Ltd. registered with SEBI on 12 October 1993. The asset under management (AUM) of the ICICI Prudential AMC Ltd. was Rs 3.44 lakh crore as of 31 July 2019. The fund house offers 68+ mutual fund schemes with an array of investment options.

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Min amount: ₹100

Calculate Returns

20 yrs
Rs. 100 invested monthly becomes Rs. 92,028 in a period of 20 years
High Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns