Fund Performance
Lumpsum
SIP
15.42
as on 22 Sep 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 15,377 today.
NAV Performance

Fund Information
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₹ 57.650
as on 22 Sep 2023 -
Regular - Growth
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2 / 22
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₹ 500
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₹ 44,700 Cr.
as on 31 May 2023 -
1.55%
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30 Dec 2006
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Nifty 50
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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
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About Sri Sharma
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About Sharmila D’mello
Ms. D'mello is CA and BAF She joined ICICI Prudential AMC Limited in September 2016.
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About Sankaran Naren
Naren 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.
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About Rajat Chandak
He 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.
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About Manish Banthia
Manish 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.
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About Ihab Dalwai
Mr. Dalwai is a Chartered Accountant. He is associated with ICICI Prudential AMC since April 2011.
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About Ritesh Lunawat
Mr. 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
Top Sector Holdings of ICICI Prudential Balanced Advantage Fund
Name of Sector | Holding Percentage | Holding 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 Stocks | Holding Percentage | Holding 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 Type | Holding Percentage | Holding 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 Instrument | Holding Percentage | Holding 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 Type | Holding Percentage |
---|---|
TREPS | 5.74% |
InvITs | 2.57% |
Net Receivables | 0.88% |
Margin | 0.39% |