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ICICI Prudential Balanced Advantage Fund

ICICI Prudential Balanced Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

15.42

as on 22 Sep 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 15,377 today.

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NAV Performance

ICICI Prudential Balanced Advantage Fund performance graph for last 3 years
Performance of ICICI Prudential Balanced Advantage Fund for last 3 Years

Fund Information

  • ₹ 57.650

    as on 22 Sep 2023
  • Regular - Growth

  • 2 / 22

  • ₹ 500

  • ₹ 44,700 Cr.

    as on 31 May 2023
  • 1.55%

  • 30 Dec 2006

  • Hybrid - Dynamic Asset Allocation or Balanced Advantage

  • Nifty 50

  • ICICI prudential Mutual Fund

    Show All Funds

Highlights of this fund

ICICI Prudential Balanced Advantage Fund is an Open-ended Hybrid Fund. The fund belongs to Dynamic Asset Allocation or Balanced Advantage category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 30 Dec 2006. This fund is offered by one of the top AMC (Assets Management Company) ICICI prudential Mutual Fund. You can also view here all other Hybrid funds offered by ICICI prudential Mutual Fund.

Latest NAV of the fund is ₹ 57.650 as on 22 Sep 2023.

This fund has 16 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.55%. Ideally you shoulds compare this fund with the benchmark Nifty 50.

You can invest in this fund in SIP with the minimum investment of ₹ 100. Lumpsum invest is offered with minimum investment of ₹ 500.

Fund Objective

To provide capital appreciation/income by investing in equity and equity related instruments including derivatives and debt and money market instruments.

List of Fund Managers of ICICI Prudential Balanced Advantage Fund

  • About Sri Sharma

    Picture of Sri Sharma
  • About Sharmila D’mello

    Picture of Sharmila D’melloMs. D'mello is CA and BAF She joined ICICI Prudential AMC Limited in September 2016.
  • About Sankaran Naren

    Picture of Sankaran NarenNaren oversees investment function across the Mutual Fund and International Advisory Business. He has been instrumental in the overall investment strategy development and execution at the company. He is the leading voice on the Indian capital markets and has myriad awards to his name in fund management. His views on macro and markets feature prominently across media, both locally and globally. An alumnus of IIT Madras and IIM Kolkata, he has served across various roles in the financial services industry and investment management. Through the course of nearly three decades of work experience Naren has worked with organizations such as Refco Sify Securities India Pvt Ltd, HDFC Securities Ltd, and Yoha Securities.
  • About Rajat Chandak

    Picture of Rajat ChandakHe manage/co-manages several flagship funds including ICICI Prudential Bluechip Fund, ICICI Prudential Value Fund (Series 4 & 11), ICICI Prudential Bharat Consumption Fund (Series 4), ICICI Prudential Long Term Wealth Enhancement Fund, ICICI Prudential R.I.G.H.T. Fund, ICICI Prudential Regular Savings Fund and ICICI Prudential Balanced Advantage Fund.He started his career with ICICI Prudential AMC and has been with the AMC ever since. He carries an overall work experience of more than 10 years. He completed B.Com from Sydenham College of Commerce and Economics in 2005 and MBA in Finance from Institute for Financial Management and Research (IFMR) in 2008.
  • About Manish Banthia

    Picture of Manish BanthiaManish is a fund manager in the Fixed Income function and anchors key roles which includes fixed income trading, credit analysis and product development. He also advises Indian Fixed Income Fund domiciled in Japan. His core competency lies in portfolio management, rates trading and credit research.He has over 13 years of experience in Indian capital markets and has been associated with Aditya Birla Group prior to joining the AMC. He is a Chartered Accountant and holds a Masters in Business Administration from Indian Institute of Foreign Trade (IIFT) Delhi.
  • About Ihab Dalwai

    Picture of Ihab DalwaiMr. Dalwai is a Chartered Accountant. He is associated with ICICI Prudential AMC since April 2011.
  • About Ritesh Lunawat

    Picture of Ritesh LunawatMr. Lunawat is B.Com and Chartered Accountant. He has been Working with ICICI Prudential AMC Since September 2013.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Very High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 3.02% 13.98% 26.43% 25.12% 18.36% 29.70% 15.26% 16.10% 37.05% 22.96% 23.24% 20.62% 15.54%
Category Average 1.25% 4.40% 11.21% 11.48% 7.50% 12.74% 9.44% 12.14% 16.09% 11.34% 10.80% 11.30% 10.56%
ICICI Prudential Balanced Advantage Fund 1.73%₹ 10,172 4.55%₹ 10,455 10.50%₹ 11,050 11.12%₹ 11,112 14.75%₹ 12,938 9.31%₹ 11,948 11.71%₹ 26,989 15.42%₹ 15,377 11.94%₹ 43,044 11.24%₹ 17,046 12.75%₹ 82,630 12.58%₹ 32,755 11.28%₹ 2,15,628
HDFC Balanced Advantage Fund 3.02%₹ 10,302 9.71%₹ 10,970 18.63%₹ 11,862 22.34%₹ 12,233 28.73%₹ 13,793 18.36%₹ 14,007 22.96%₹ 29,976 29.70%₹ 21,818 23.24%₹ 50,503 15.26%₹ 20,360 20.62%₹ 1,00,221 16.10%₹ 44,554 15.54%₹ 2,70,806
Edelweiss Balanced Advantage Fund 0.83%₹ 10,082 4.04%₹ 10,404 11.66%₹ 11,165 10.27%₹ 11,027 14.67%₹ 12,933 5.81%₹ 11,196 10.22%₹ 26,600 15.11%₹ 15,250 10.76%₹ 42,307 11.61%₹ 17,331 13.02%₹ 83,196 11.72%₹ 30,340 11.29%₹ 2,15,774
Kotak Balance Advantage Fund 1.19%₹ 10,118 3.58%₹ 10,357 10.12%₹ 11,011 10.53%₹ 11,052 13.83%₹ 12,880 6.66%₹ 11,377 10.35%₹ 26,635 12.08%₹ 14,079 9.98%₹ 41,826 10.51%₹ 16,492 11.28%₹ 79,673 - -
Union Balanced Advantage Fund 1.04%₹ 10,103 3.44%₹ 10,344 8.82%₹ 10,882 8.82%₹ 10,882 11.67%₹ 12,745 5.15%₹ 11,056 8.39%₹ 26,129 11.61%₹ 13,902 8.08%₹ 40,676 10.21%₹ 16,269 10.50%₹ 78,141 - -
Nippon India Balanced Advantage Fund 1.79%₹ 10,179 4.62%₹ 10,462 11.36%₹ 11,135 9.93%₹ 10,992 14.62%₹ 12,930 6.82%₹ 11,410 10.81%₹ 26,754 14.45%₹ 14,992 10.87%₹ 42,378 9.79%₹ 15,956 11.42%₹ 79,961 12.28%₹ 31,895 10.48%₹ 2,06,685

Portfolio Holdings

Portfolio holdings pattern of ICICI Prudential Balanced Advantage Fund as on 26 Sep 2023 are listed below:

  • Equity Holdings:

    66.84%
  • Debt Holdings:

    23.57%
  • Others Holdings:

    9.58%

Top Sector Holdings of ICICI Prudential Balanced Advantage Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 15.64% ₹ 7,274.00 Cr.
Refineries/Marketing 6.46% ₹ 3,001.67 Cr.
Computers - Software 5.93% ₹ 2,762.59 Cr.
Passenger/Utility vehicles 3.75% ₹ 1,743.00 Cr.
Motor cycles/Scooters 2.81% ₹ 1,309.25 Cr.
Others 65.41% -

Top Stock Holdings of ICICI Prudential Balanced Advantage Fund

Name of StocksHolding PercentageHolding Values in Crore
Reliance Industries Ltd. 5.94% ₹ 2,762.85 Cr.
ICICI Bank Ltd. 5.00% ₹ 2,324.43 Cr.
HDFC Bank Ltd. 3.85% ₹ 1,792.20 Cr.
Infosys Ltd. 3.66% ₹ 1,701.65 Cr.
TVS Motor Company Ltd. 2.81% ₹ 1,309.25 Cr.
Others 78.74% -

Top Debt Instrument Type holdings of ICICI Prudential Balanced Advantage Fund

Instrument TypeHolding PercentageHolding Values in Crore
GOI 12.71% ₹ 5,909.67 Cr.
NCD & Bonds 5.51% ₹ 2,575.22 Cr.
T-Bills 2.72% ₹ 1,261.48 Cr.
CD 1.66% ₹ 774.98 Cr.
CP 0.97% ₹ 452.04 Cr.
Others 76.43% -

Top Debt Holdings of ICICI Prudential Balanced Advantage Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 12.71% ₹ 5,909.67 Cr.
Bond - T-Bill 2.72% ₹ 1,261.48 Cr.
Bond - Bharti Telecom Ltd. 1.10% ₹ 512.93 Cr.
Bond - National Bank for Agriculture & Rural Development 0.57% ₹ 270.50 Cr.
Bond - HDFC Bank Ltd. 0.53% ₹ 245.13 Cr.
Others 82.37%

Other Holdings

Holding TypeHolding Percentage
TREPS 5.74%
InvITs 2.57%
Net Receivables 0.88%
Margin 0.39%