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ICICI Prudential Balanced Advantage Fund

ICICI Prudential Balanced Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

11.44

as on 03 Aug 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,844 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

  • ₹ 47.100

    as on 03 Aug 2021
  • Regular - Growth

  • 3 / 22

  • ₹ 500

  • ₹ 32,942 Cr.

    as on 03 Aug 2021
  • 1.68%

    since 31 May 2021
  • 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 ₹ 47.100 as on 03 Aug 2021.

This fund has 14 years of track record. Since 31 May 2021 expense ratio of this fund is 1.68%. 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 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 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 3.60% 13.46% 14.17% 51.43% 22.68% 13.23% 13.54% 12.52% 48.55% 32.62% 21.44% 15.70% 13.78%
Category Average 2.14% 6.76% 7.48% 24.48% 14.72% 9.32% 9.62% 11.57% 22.60% 19.50% 14.80% 11.24% 12.00%
ICICI Prudential Balanced Advantage Fund 1.73%₹ 10,172 5.84%₹ 10,584 7.27%₹ 10,726 28.37%₹ 12,837 23.49%₹ 13,471 15.84%₹ 13,430 21.11%₹ 29,473 11.44%₹ 13,844 16.31%₹ 45,829 10.72%₹ 16,643 12.54%₹ 82,199 12.52%₹ 32,550 12.57%₹ 2,31,008
Aditya Birla Sun Life Balanced Advantage Fund 2.38%₹ 10,238 7.61%₹ 10,761 9.26%₹ 10,925 31.59%₹ 13,159 27.93%₹ 13,740 17.27%₹ 13,763 23.55%₹ 30,133 11.76%₹ 13,962 17.59%₹ 46,674 10.87%₹ 16,754 12.65%₹ 82,419 - -
Edelweiss Balanced Advantage Fund 2.96%₹ 10,296 8.89%₹ 10,888 9.68%₹ 10,968 33.50%₹ 13,350 30.93%₹ 13,920 22.68%₹ 15,067 27.54%₹ 31,220 13.23%₹ 14,521 21.09%₹ 49,018 12.62%₹ 18,121 15.70%₹ 88,863 11.73%₹ 30,334 12.74%₹ 2,33,124
DSP Dynamic Asset Allocation Fund 1.70%₹ 10,169 5.24%₹ 10,524 6.10%₹ 10,610 20.17%₹ 12,016 17.91%₹ 13,130 13.64%₹ 12,922 16.53%₹ 28,253 10.59%₹ 13,529 13.66%₹ 44,127 8.99%₹ 15,384 10.63%₹ 78,387 - -
L&T Balanced Advantage Fund 1.87%₹ 10,186 4.85%₹ 10,485 5.43%₹ 10,542 15.39%₹ 11,539 14.42%₹ 12,915 12.32%₹ 12,622 14.83%₹ 27,803 8.47%₹ 12,766 12.05%₹ 43,110 8.48%₹ 15,027 9.69%₹ 76,573 - -
Nippon India Balanced Advantage Fund 3.23%₹ 10,322 9.05%₹ 10,904 11.50%₹ 11,149 31.71%₹ 13,170 30.14%₹ 13,873 15.64%₹ 13,383 23.15%₹ 30,024 11.03%₹ 13,689 16.91%₹ 46,225 11.61%₹ 17,323 12.69%₹ 82,507 12.17%₹ 31,550 12.61%₹ 2,31,492

Portfolio Holdings

Portfolio holdings pattern of ICICI Prudential Balanced Advantage Fund as on 05 Aug 2021 are listed below:

  • Equity Holdings:

    65.68%
  • Debt Holdings:

    27.63%
  • Others Holdings:

    6.75%

Top Sector Holdings of ICICI Prudential Balanced Advantage Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 16.47% ₹ 5,421.89 Cr.
Computers - software 7.18% ₹ 2,363.32 Cr.
Refineries/marketing 6.96% ₹ 2,291.20 Cr.
Housing finance 3.00% ₹ 987.32 Cr.
Pharmaceuticals 2.78% ₹ 923.76 Cr.
Others 63.61% -

Top Stock Holdings of ICICI Prudential Balanced Advantage Fund

Name of StocksHolding PercentageHolding Values in Crore
Reliance Industries Ltd. 6.07% ₹ 1,997.96 Cr.
ICICI Bank Ltd. 5.88% ₹ 1,936.28 Cr.
Infosys Ltd. 4.93% ₹ 1,622.97 Cr.
HDFC Bank Ltd. 4.21% ₹ 1,388.05 Cr.
Housing Development Finance Corporation Ltd. 2.69% ₹ 885.40 Cr.
Others 76.22% -

Top Debt Instrument Type holdings of ICICI Prudential Balanced Advantage Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 13.82% ₹ 4,550.83 Cr.
T-Bills 8.31% ₹ 2,739.42 Cr.
GOI 5.49% ₹ 1,811.01 Cr.
PTC 0.01% ₹ 4.33 Cr.
Others 72.37% -

Top Debt Holdings of ICICI Prudential Balanced Advantage Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - T-Bill 8.31% ₹ 2,739.42 Cr.
Bond - Govt of India 5.49% ₹ 1,811.01 Cr.
Bond - Axis Bank Ltd. 3.47% ₹ 1,144.89 Cr.
Bond - ICICI Bank Ltd. 2.27% ₹ 747.92 Cr.
Bond - Embassy Office Parks Reit 1.04% ₹ 342.92 Cr.
Others 79.42%

Other Holdings

Holding TypeHolding Percentage
TREPS 5.20%
Net Receivables 0.93%
Margin 0.62%