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 Type
Open-ended
Scheme Category
Dynamic Asset Allocation
Benchmark Type
Crisil Balanced Fund Index
Scheme AUM (in Crs.)
₹ 29222.07
Expense Ratio
1.19%
Scheme Class
Hybrid
AMC AUM (in Crs.)
₹ 320793
Min Subscription
₹ 500
Min Addition Subscription
₹ 100
Fund Info
| Scheme Type | Open-ended |
|---|---|
| Scheme Category | Dynamic Asset Allocation |
| Benchmark Type | Crisil Balanced Fund Index |
| Scheme AUM (in Crs.) | ₹ 29222.07 |
| Expense Ratio | 1.19% |
| Scheme Class | Hybrid |
| AMC AUM (in Crs.) | ₹ 320793 |
| Min Subscription | ₹ 500 |
| Min Addition Subscription | ₹ 100 |
Performance
Comparison
Portfolio
AMC Details
Peer Comparison
Fund
Min SIP Inv.
Min Inv.
Returns 3Y
Fund Size(Cr.)
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
32
Nifty 50 Index
Equity Index - Future
8
Housing Development Finance Corp Ltd
Equity
4
HDFC Bank Ltd
Equity
4
Infosys Ltd
Equity
3
Axis Bank Ltd
Equity
3
ITC Ltd
Equity
3
Kotak Mahindra Bank Ltd
Equity
2
Hdfc Ltd.
Equity - Future
2
Infosys Ltd.
Equity - Future
2
Asset Allocation(%)
Equity
67
Cash
32
Equity - Future
22
Bond - Corporate Bond
19
Equity Index - Future
8
Sector Allocation(%)
Sector
Percent
Cash
32
Equity - Future
22
Bond - Corporate Bond
19
Banks - Regional - Asia
16
Equity Index - Future
8
Objective
To provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments.
Suitability
This product is suitable for investors who are seeking
• An equity fund that aims for growth by
• investing in equity and derivatives.
ICICI Prudential Mutual Fund
AUM
₹3,20,793 Cr
About
ICICI Prudential is one of the most popular mutual fund investment companies in India.##It is the largest asset management company (AMC) in the country as per average assets under management of Rs. 305,739 Crores by the end of March 2018##ICICI Prudential AMC plans to bridge the gap between savings & investments to help create long term wealth & value for investors through innovation, consistency & sustained risk adjusted performance. Invest in ICICI Prudential mutual fund schemes at your convenience and fulfill your long term & short term financial goals. Choose from an array of schemes according to your financial needs and investment objectives. Invest today a lump sum amount or start a systematic investment plan (SIP).
Launch Date
13 Oct 1993
Sponsor
NA
Email
enquiry@icicipamc.com
Phone
1800 200 6666
Address
3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East), Mumbai - 400 051
ICICI Prudential Mutual Fund
Quick Links
Calculate Returns
LUMPSUM
SIP
Investment Amount
₹10,000
Return Amount
₹4,185
Return Rate
6%
Duration
6y 0m
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