ICICI Prudential Balanced Advantage Fund - Direct Plan
The ICICI Prudential Balanced Advantage Fund is an actively managed mutual fund that seeks to provide its investors with long-term capital appreciation and income through investments in equity and equity related instruments and debt and other money market instruments. As this is a balanced fund it also provides investors with good capital protection. The ICICI Prudential Balanced Advantage Fund was launched in December 2006 and has outperformed its benchmark and category on a number of occasions.
Fund Info
| Scheme Class | Hybrid |
| Scheme Category | Dynamic Asset Allocation |
| Benchmark Type | Crisil Balanced Fund Index |
| Expense Ratio | 1.27% |
| Min subscription | ₹ 500 |
| Scheme Type | Open-ended |
| Scheme AUM (in Crs.) | ₹ 27,468 |
| AMC AUM (in Crs.) | ₹ 3,20,793 |
| Min Addition Subscription | ₹ 100 |
Building Graph
Peer Comparison
| Fund | Min SIP Inv. | Min Inv. | Returns 3Y |
|---|---|---|---|
| 1000 | 1000 | 9.86% | |
| 1000 | 1000 | 8.67% |
Portfolio Info
The ICICI Prudential Balanced Advantage Fund is a hybrid fund that invests in both equity and equity related instruments and debt and other money market instruments. The fund invests approximately 50% of its corpus in equity and equity related instruments and the remaining 50% is invested in debt and other money market instruments. The fund predominantly invests in equity stocks of large-cap companies and in high-quality medium-term debt. Presently, the fund invests heavily in the Finance, Energy, Automobile and FMCG sectors of the Indian economy. The fund is also making the majority of its other investments in Cash Equivalent instruments and AA and A1+ bonds.
Top 10 Holdings
| Company | Holding Type | Asset(%) |
|---|---|---|
| Net Current Assets | Cash | 13 |
| Nifty 50 Index | Equity Index - Future | 4 |
| Housing Development Finance Corp Ltd | Equity | 4 |
| HDFC Bank Ltd | Equity | 4 |
| Infosys Ltd | Equity | 3 |
| Reliance Industries Ltd | Equity | 3 |
| Kotak Mahindra Bank Ltd | Equity | 2 |
| Axis Bank Ltd | Equity | 2 |
| ICICI Bank Ltd | Equity | 2 |
| Larsen & Toubro Ltd | Equity | 2 |
Asset Allocation(%)
| Asset | Percent |
|---|---|
| Equity | 66 |
| Bond - Corporate Bond | 22 |
| Equity - Future | 15 |
| Cash | 13 |
| Cash - CD Time Deposit | 4 |
Sector Allocation(%)
| Sector | Percent |
|---|---|
| Bond - Corporate Bond | 22 |
| Equity - Future | 15 |
| Banks - Regional - Asia | 14 |
| Cash | 13 |
| Information Technology Services | 9 |
ICICI Prudential Mutual Fund
AUM
₹3,20,793 Cr
ICICI Prudential Mutual Fund
Investment Amount
₹10,000
Return Amount
₹4,185
Return Rate
6%
Duration
6y 0m
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