ICICI Prudential Balanced Advantage Direct Growth

ICICI Prudential Balanced Advantage Direct Growth

+12.84%
3Y annualised
+0.26% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 Mar '26
₹82.08
Min. for SIP
₹100
Fund size
₹71,150.75 Cr
Expense ratio
0.87%

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹59,141
-1.43%
3 years₹1,80,000₹2,00,564
+11.42%
5 years₹3,00,000₹3,82,183
+27.39%
10 years₹6,00,000₹10,74,738
+79.12%

Holdings (233)

NameSectorInstrumentsAssets
TVS Motor Company Ltd.AutomobileEquity5.69%
ICICI Bank Ltd.FinancialEquity4.30%
HDFC Bank Ltd.FinancialEquity3.85%
Infosys Ltd.TechnologyEquity3.06%
Embassy Office Parks REITConstructionREITs2.88%
Reliance Industries Ltd.EnergyEquity2.86%
Larsen & Toubro Ltd.ConstructionEquity2.33%
GOISovereignGOI Sec1.91%
State Bank of IndiaFinancialEquity1.72%
Axis Bank Ltd.FinancialEquity1.68%
Maruti Suzuki India Ltd.AutomobileEquity1.64%
Interglobe Aviation Ltd.ServicesEquity1.61%
Eternal Ltd.ServicesEquity1.57%
Britannia Industries Ltd.Consumer StaplesEquity1.44%
Titan Company Ltd.Consumer DiscretionaryEquity1.38%
HCL Technologies Ltd.TechnologyEquity1.38%
Bharti Airtel Ltd.CommunicationEquity1.37%
NTPC Ltd.EnergyEquity1.31%
Samvardhana Motherson International Ltd.AutomobileEquity1.31%
Avenue Supermarts Ltd.ServicesEquity1.20%
GOISovereignGOI Sec1.15%
Trent Ltd.ServicesEquity0.99%
Kotak Mahindra Bank Ltd.FinancialEquity0.97%
GOISovereignGOI Sec0.92%
Sun Pharmaceutical Industries Ltd.HealthcareEquity0.91%
SBI Life Insurance Company Ltd.InsuranceEquity0.89%
GOISovereignGOI Sec0.87%
GOISovereignGOI Sec0.86%
PI Industries Ltd.ChemicalsEquity0.85%
Ultratech Cement Ltd.ConstructionEquity0.85%
Cholamandalam Investment and Finance Company Ltd.FinancialEquity0.83%
Vedanta Ltd.Metals & MiningEquity0.79%
Tata Consultancy Services Ltd.TechnologyEquity0.78%
Export-Import Bank Of IndiaFinancialCD0.76%
Polycab India Ltd.Capital GoodsEquity0.72%
Tata Motors Ltd.AutomobileEquity0.70%
Reserve Bank of IndiaFinancialT-Bills0.70%
Asian Paints Ltd.ChemicalsEquity0.61%
360 One Wam Ltd.FinancialEquity0.57%
Mahindra & Mahindra Ltd.AutomobileEquity0.57%
ITC Ltd.Consumer StaplesEquity0.56%
Reserve Bank of IndiaFinancialT-Bills0.56%
Hindustan Unilever Ltd.Consumer StaplesEquity0.55%
Oil And Natural Gas Corporation Ltd.EnergyEquity0.53%
Mindspace Business Parks REITConstructionREITs0.52%
Tech Mahindra Ltd.TechnologyEquity0.51%
The Indian Hotels Company Ltd.ServicesEquity0.50%
Reserve Bank of IndiaFinancialT-Bills0.50%
The Phoenix Mills Ltd.ConstructionEquity0.49%
Apollo Hospitals Enterprise Ltd.HealthcareEquity0.48%
Bajaj Finserv Ltd.FinancialEquity0.48%
Bharti Telecom Ltd.CommunicationDebenture0.45%
Sona BLW Precision Forgings Ltd.AutomobileEquity0.44%
Dr. Reddy's Laboratories Ltd.HealthcareEquity0.44%
Bajaj Finance Ltd.FinancialEquity0.44%
Brookfield India Real Estate Trust REITConstructionREITs0.42%
Small Industries Devp. Bank of India Ltd.FinancialCD0.42%
HDFC Life Insurance Co Ltd.InsuranceEquity0.42%
Multi Commodity Exchange Of India Ltd.ServicesEquity0.41%
Container Corporation Of India Ltd.ServicesEquity0.39%
Shriram Finance LtdFinancialEquity0.36%
Cummins India Ltd.Capital GoodsEquity0.36%
R R Kabel Ltd.Consumer DiscretionaryEquity0.34%
Eicher Motors Ltd.AutomobileEquity0.33%
Punjab National BankFinancialCD0.33%
Samvardhana Motherson International Ltd.AutomobileDebenture0.32%
Travel Food Services Ltd.ServicesEquity0.32%
India Universal Trust AL1OthersSec. Debt0.31%
Hindalco Industries Ltd.Metals & MiningEquity0.30%
ICICI Lombard General Insurance Company Ltd.InsuranceEquity0.30%
Pidilite Industries Ltd.ChemicalsEquity0.29%
Bharti Telecom Ltd.CommunicationDebenture0.29%
Motherson Sumi Wiring India Ltd.AutomobileEquity0.29%
Tata Steel Ltd.Metals & MiningEquity0.28%
Mphasis Ltd.TechnologyEquity0.28%
Reserve Bank of IndiaFinancialT-Bills0.28%
Uttar Pradesh StateOthersSDL0.28%
Hindustan Aeronautics Ltd.Capital GoodsEquity0.27%
Madhya Pradesh StateOthersSDL0.27%
Yes Bank Ltd.FinancialBonds0.27%
Rajasthan StateOthersSDL0.27%
Indusind Bank Ltd.FinancialEquity0.27%
PG Electroplast Ltd.Capital GoodsEquity0.27%
Bank Of BarodaFinancialCD0.26%
Small Industries Devp. Bank of India Ltd.FinancialCD0.26%
Life Insurance Corporation of IndiaInsuranceEquity0.25%
Info Edge (India) Ltd.ServicesEquity0.24%
India Universal Trust AL1OthersSec. Debt0.24%
Madhya Pradesh StateOthersSDL0.23%
LTIMindtree Ltd.TechnologyEquity0.22%
Tata Motors Finance Ltd.FinancialZCB0.22%
Power Grid Corporation Of India Ltd.EnergyEquity0.22%
Jindal Steel Ltd.Metals & MiningEquity0.22%
FSN E-Commerce Ventures Ltd.ServicesEquity0.22%
GOISovereignGOI FRB0.22%
Muthoot Finance Ltd.FinancialDebenture0.21%
REC Ltd.FinancialEquity0.21%
India Universal Trust AL1OthersSec. Debt0.21%
Ambuja Cements Ltd.ConstructionEquity0.21%
JM Financial Credit Solutions Ltd.FinancialNCD0.21%
Rajasthan StateOthersSDL0.21%
HDFC Asset Management Company Ltd.FinancialEquity0.21%
Powergrid Infrastructure Investment TrustServicesInvITs0.20%
Voltas Ltd.Consumer DiscretionaryEquity0.19%
Altius Telecom Infrastructure TrustConstructionInvITs0.18%
Muthoot Finance Ltd.FinancialDebenture0.18%
ABB India Ltd.Capital GoodsEquity0.18%
Adani Enterprises Ltd.ServicesNCD0.17%
Maharashtra StateOthersSDL0.17%
Shadowfax Technologies Ltd.ServicesEquity0.17%
Rajasthan StateOthersSDL0.16%
Ess Kay Fincorp Ltd.FinancialNCD0.16%
Grasim Industries Ltd.ConstructionEquity0.16%
Shree Cement Ltd.ConstructionEquity0.16%
Atul Ltd.ChemicalsEquity0.15%
Max Financial Services Ltd.FinancialEquity0.15%
L&T Metro Rail (Hyderabad) Ltd.ConstructionNCD0.15%
Rajasthan StateOthersSDL0.14%
Oberoi Realty Ltd.ConstructionNCD0.14%
Bamboo Hotel And Global Centre (Delhi) Pvt Ltd. Class AServicesDebenture0.14%
Azad Engineering Ltd.Capital GoodsEquity0.14%
SBFC Finance Ltd.FinancialNCD0.14%
Rajasthan StateOthersSDL0.14%
Himachal Pradesh StateOthersSDL0.14%
Canara HSBC Life Insurance Company Ltd.InsuranceEquity0.14%
Tamilnadu StateOthersSDL0.14%
Reserve Bank of IndiaFinancialT-Bills0.14%
Madhya Pradesh StateOthersSDL0.14%
Maharashtra StateOthersSDL0.14%
Maharashtra StateOthersSDL0.14%
Maharashtra StateOthersSDL0.14%
Small Industries Devp. Bank of India Ltd.FinancialCD0.13%
Bank Of BarodaFinancialCD0.13%
National Bank For Agriculture & Rural DevelopmentFinancialCD0.13%
Export-Import Bank Of IndiaFinancialCD0.13%
Telangana StateFinancialSDL0.13%
Reserve Bank of IndiaFinancialT-Bills0.13%
Andhra Pradesh StateFinancialSDL0.13%
Andhra Pradesh StateFinancialSDL0.12%
Computer Age Management Services Ltd.ServicesEquity0.12%
Jubilant FoodWorks Ltd.ServicesEquity0.12%
AWL Agri Business Ltd.Consumer StaplesEquity0.12%
Mankind Pharma Ltd.HealthcareDebenture0.11%
Aavas Financiers Ltd.FinancialNCD0.11%
Bharti Airtel Ltd. - (Partly Paid up Equity Shares (Rights Issue))CommunicationPPE0.11%
Tyger Capital Pvt. Ltd.FinancialNCD0.11%
Tyger Capital Pvt. Ltd.FinancialNCD0.11%
Torrent Power Ltd.EnergyNCD0.11%
Small Industries Devp. Bank of India Ltd.FinancialCD0.11%
Adani Power Ltd.EnergyDebenture0.11%
KEC International Ltd.Capital GoodsEquity0.10%
Madhya Pradesh StateOthersSDL0.10%
India Universal Trust AL1OthersSec. Debt0.10%
Inox Wind Ltd.Capital GoodsEquity0.10%
Angel One Ltd.FinancialEquity0.10%
PB Fintech Ltd.ServicesEquity0.10%
Divi's Laboratories Ltd.HealthcareEquity0.09%
Havells India Ltd.Capital GoodsEquity0.09%
India Universal Trust AL1OthersSec. Debt0.09%
Rajasthan StateOthersSDL0.08%
Lupin Ltd.HealthcareEquity0.08%
Godrej Properties Ltd.ConstructionDebenture0.07%
Muthoot Finance Ltd.FinancialNCD0.07%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture0.07%
Bahadur Chand Investments Pvt. Ltd.FinancialDebenture0.07%
Bahadur Chand Investments Pvt. Ltd.FinancialDebenture0.07%
Indus Infra TrustConstructionInvITs0.07%
Haryana StateOthersSDL0.07%
Panatone Finvest LtdFinancialCP0.07%
Nexus Select TrustConstructionREITs0.07%
V-Guard Industries Ltd.Consumer DiscretionaryEquity0.07%
TVS Motor Company Ltd - Pref. SharesAutomobilePref. Shares0.06%
CMS Info Systems Ltd.ServicesEquity0.06%
Telangana StateFinancialSDL0.06%
Reserve Bank of IndiaFinancialT-Bills0.05%
Andhra Pradesh StateFinancialSDL0.05%
RHI Magnesita India Ltd.ConstructionEquity0.05%
TVS Credit Services Ltd.FinancialNCD0.05%
Neuland Laboratories Ltd.HealthcareEquity0.05%
Colgate-Palmolive (India) Ltd.Consumer StaplesEquity0.05%
Reserve Bank of IndiaFinancialT-Bills0.04%
Haryana StateOthersSDL0.04%
Haryana StateOthersSDL0.04%
Karnataka StateOthersSDL0.04%
Uttar Pradesh StateOthersSDL0.04%
Adani Power Ltd.EnergyDebenture0.04%
Haryana StateOthersSDL0.03%
India Universal Trust AL1OthersSec. Debt0.03%
Karnataka StateOthersSDL0.03%
Odisha StateFinancialSDL0.02%
Mankind Pharma Ltd.HealthcareDebenture0.02%
West Bengal StateOthersSDL0.02%
Maharashtra StateOthersSDL0.02%
Torrent Power Ltd.EnergyNCD0.01%
ICICI Prudential Life Insurance Company Ltd.InsuranceEquity0.01%
Power Finance Corporation Ltd.FinancialEquity0.01%
GOISovereignGOI Sec0.01%
Maharashtra StateOthersSDL0.01%
Kwality Wall's (India) Ltd.Consumer StaplesEquity0.01%
Uttar Pradesh StateOthersSDL0.00%
GOISovereignGOI Sec0.00%
Jupiter Life Line Hospitals Ltd.HealthcareEquity0.00%
Bajaj Auto Ltd.AutomobileEquity0.00%
NTPC Ltd.EnergyFutures-0.00%
Power Finance Corporation Ltd.FinancialFutures-0.01%
The Phoenix Mills Ltd.ConstructionFutures-0.02%
HDFC Bank Ltd.FinancialFutures-0.04%
SBI Life Insurance Company Ltd.InsuranceFutures-0.05%
Larsen & Toubro Ltd.ConstructionFutures-0.05%
Vedanta Ltd.Metals & MiningFutures-0.07%
Lupin Ltd.HealthcareFutures-0.08%
Bajaj Finserv Ltd.FinancialFutures-0.08%
Cholamandalam Investment and Finance Company Ltd.FinancialFutures-0.11%
ITC Ltd.Consumer StaplesFutures-0.14%
HDFC Life Insurance Co Ltd.InsuranceFutures-0.15%
Grasim Industries Ltd.ConstructionFutures-0.16%
Tata Steel Ltd.Metals & MiningFutures-0.17%
Mphasis Ltd.TechnologyFutures-0.17%
Reliance Industries Ltd.EnergyFutures-0.18%
Britannia Industries Ltd.Consumer StaplesFutures-0.21%
Tata Consultancy Services Ltd.TechnologyFutures-0.21%
FSN E-Commerce Ventures Ltd.ServicesFutures-0.22%
Indusind Bank Ltd.FinancialFutures-0.27%
Asian Paints Ltd.ChemicalsFutures-0.30%
Hindalco Industries Ltd.Metals & MiningFutures-0.31%
Eicher Motors Ltd.AutomobileFutures-0.33%
Cummins India Ltd.Capital GoodsFutures-0.36%
Oil And Natural Gas Corporation Ltd.EnergyFutures-0.53%
Samvardhana Motherson International Ltd.AutomobileFutures-0.55%
Titan Company Ltd.Consumer DiscretionaryFutures-0.56%
ICICI Bank Ltd.FinancialFutures-0.71%
Nifty BankFinancialID-1.08%
TVS Motor Company Ltd.AutomobileFutures-1.23%
See All

Minimum investments

Min. for 1st investment
₹500
Min. for 2nd investment
₹100
Min. for SIP
₹100

Returns and rankings

Annualised returns
Absolute returns
Name3Y5Y10YAll
Fund returns+12.8%+11.3%+12.1%+12.5%
Category average (Hybrid Dynamic Asset Allocation)+11.9%+10.7%+9.6%--
Rank (Hybrid Dynamic Asset Allocation)1242--

Exit load, stamp duty and tax

Exit load

Exit Load for units in excess of 30% of the investment,1% will be charged for redemption within 1 year.

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data

Fund management

RC
Rajat Chandak
Sep 2015 - Present
View details

MB
Manish Banthia
Jan 2013 - Present
View details

Education
Mr. Banthia is B.Com, CA and MBA
Experience
He is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC - Fixed Income Investments - Aug 2007 to Oct 2009, ICICI Prudential AMC - New Product Development - Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. - From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. - From May 2004 to May 2005.
Also manages these schemes

ID
Ihab Dalwai
Jan 2018 - Present
View details

AK
Akhil Kakkar
Jan 2024 - Present
View details

Education
Mr. Kakkar is B.Tech (IIT Roorkee) and PGDM (Finance)
Experience
Prior to Joining ICICI Prudential Mutual Fund he has worked with Kotak Mahindra Bank in Debt Capital Markets, SBI Capital Markets in Project Advisory & Structured Finance and Goldman Sachs Services Pvt Ltd as Analyst Developer.

SS
Sri Sharma
Apr 2021 - Present
View details

Education
Ms. Sharma has done B.Com, CA and CFA ( Level 2 cleared)
Experience
Prior to joining ICICI Prudential Mutual Fund, she has worked with PwC

SD
Sharmila D'Silva
Jul 2022 - Present
View details

Education
Ms. D'Silva is CA and BAF
Experience
She joined ICICI Prudential AMC Limited in September 2016.
Also manages these schemes

About ICICI Prudential Balanced Advantage Direct Growth

ICICI Prudential Balanced Advantage Direct Growth is a Hybrid Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993. Rajat Chandak is the Current Fund Manager of ICICI Prudential Balanced Advantage Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹11,24,266 Cr and the Latest NAV as of 20 Mar 2026 is ₹82.08. The ICICI Prudential Balanced Advantage Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹500. Exit Load for units in excess of 30% of the investment,1% will be charged for redemption within 1 year. ;

Investment Objective

The scheme seeks to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments.
Fund benchmarkCRISIL Hybrid 50+50 Moderate Index

Fund house

Rank (total assets)#3 in India
Total AUM₹11,24,266.03 Cr
Date of Incorporation12 Oct 1993
Phone--
E-mail--
Launch Date12 Oct 1993
AddressOne BKC , A Wing ,13th Floor, Bandra Kurla Complex, Mumbai 400051
CustodianHDFC Bank
Registrar & Transfer AgentCams
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,