|Min SIP Amount||₹100|
|NAV||₹22.17 (12 Apr 2021)|
|Fund Started||07 Jan 2013|
|Fund Size||₹30,284 Cr|
|HDFC Bank Ltd.||Financial||Equity||4.6%|
|Britannia Industries Ltd.||FMCG||Equity||1.2%|
|Eicher Motors Ltd.||Automobile||Equity||0.8%|
|Bharat Petroleum Corpn. Ltd.||Energy||Equity||0.7%|
|Bank Of Baroda||Financial||Equity||0.6%|
|GAIL (India) Ltd.||Energy||Equity||0.6%|
|Nayara Energy Ltd.||Energy||Bonds/NCD||0.3%|
|Container Corpn. Of India Ltd.||Services||Equity||0.3%|
ICICI Prudential Balanced Advantage Direct IDCW is a Hybrid Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 07 Jan 2013. S Naren, Rajat Chandak, Manish Banthia, Ihab Dalwai is the Current Fund Manager of ICICI Prudential Balanced Advantage Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹30,284 Cr and the Latest NAV as of 12 Apr 2021 is ₹22.17.
The ICICI Prudential Balanced Advantage Direct IDCW is rated High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 500. For units in excess of 10% of the investment,1% will be charged for redemption within 1 year
The scheme seeks to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.