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.) | ₹ 28,383 |
| 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 | 12.97% | |
| 1000 | 1000 | 11.56% |
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 | 21 |
| Future on Nifty 50 Index | Equity Index - Future | 6 |
| HDFC Bank Ltd | Equity | 4 |
| Housing Development Finance Corp Ltd | Equity | 4 |
| ICICI Bank Ltd | Equity | 4 |
| Reliance Industries Ltd | Equity | 3 |
| Treps | Cash - Repurchase Agreement | 3 |
| Axis Bank Ltd | Equity | 2 |
| Infosys Ltd | Equity | 2 |
| ITC Ltd | Equity | 2 |
Asset Allocation(%)
| Asset | Percent |
|---|---|
| Equity | 71 |
| Bond - Corporate Bond | 22 |
| Cash | 21 |
| Equity - Future | 7 |
| Equity Index - Future | 6 |
Sector Allocation(%)
| Sector | Percent |
|---|---|
| Financial Services | 23 |
| Bond - Corporate Bond | 22 |
| Cash | 21 |
| Consumer Cyclical | 8 |
| Technology | 7 |
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).
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AddressCalculate Returns
Investment DurationYears6Months0
Investment Amount₹ 10000
Return Amount₹ 4185
Return Rate6 %
Duration6y 0m