- 1M
- 3M
- 6M
- 1YR
- 3YR
- 5YR
- 10YR
- Since Inception
Fund Information
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As of 31 Aug 2023, fund size of ICICI Prudential Balanced Advantage Fund is
54,141.75 Cr. -
ICICI Prudential Balanced Advantage Fund shown here is of
Growthplan.
-
The Total Expense Ratio (TER) of the fund is
1.49%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.
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ICICI Prudential Balanced Advantage Fund is an
Hybridoriented mutual fund in the
- Dynamic Asset Allocation Fundcategory.
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Nifty 50 Arbitrage Index
is the benchmark for ICICI Prudential Balanced Advantage Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.
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The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on
01 Dec 2006as at present it is 18 years old fund.
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Name of the AMC is
ICICI Prudential Mutual Fund.
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know moreabout ICICI Prudential Mutual Fund.
Fund Managed By
Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. ICICI Prudential Balanced Advantage Fund managed by following fund manager(s);
Riskometer
Investors understand that their
principal
will be at High risk
How does the
Return Comparison of the ICICI Prudential Balanced Advantage Fund fare against peer funds in the Dynamic Asset Allocation fund category?
Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by ICICI Prudential Balanced Advantage Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Hybrid, Dynamic Asset Allocation fund category these peer funds belongs to.
| Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|
| Category Best | -0.60% | -0.73% | -0.94% | 10.41% | 21.56% | 19.27% | 19.11% | 13.30% |
| Category Average | -2.67% | -3.00% | -5.07% | 4.64% | 13.21% | 10.27% | 10.88% | 9.29% |
| ICICI Prudential Balanced Advantage Fund | -0.60% | -0.73% | -1.74% | 7.66% | - | - | - | - |
| HDFC Balance Advantage Fund | -2.69% | -2.79% | -5.61% | 5.74% | 21.56% | 19.27% | 19.11% | 13.30% |
| SBI Balanced Advantage Fund | -1.06% | -1.32% | -2.22% | 6.43% | - | - | - | - |
| Bank Of India Balanced Advantage Fund | -2.15% | -3.88% | -7.92% | -1.18% | 10.93% | 12.15% | 9.35% | 6.53% |
| Axis Balanced Advantage Fund | -1.69% | -1.50% | -1.60% | 10.41% | 17.20% | 11.88% | 11.05% | - |
| Invesco India Dynamic Equity Fund | -2.76% | -3.13% | -3.43% | 7.18% | - | - | - | - |
Fund Portfolio Details
Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of ICICI Prudential Balanced Advantage Fund are shown below;
Equity 45.07%
Debt 18.55%
Others 8.66%
Portfolio Holdings shown is as of 31 Aug 2023