Home>Mutual Funds>ICICI Prudential Mutual Fund>ICICI Prudential Balanced Advantage Direct Growth

ICICI Prudential Balanced Advantage Direct Growth

Hybrid
Dynamic Asset Allocation
High Risk
15.28%
3Y annualised
+0.07% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 22 Oct 2021₹53.66
Min. SIP amount₹100
Rating4star
Fund size₹35,736.74 Cr

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns27.9%15.3%12.0%13.6%
Category average24.8%9.3%9.1%NA
Rank with in category1272NA
Understand termsinfo

Holdings (106)

NameSectorInstrumentAssets
FinancialEquity6.0%
EnergyEquity5.3%
TechnologyEquity4.7%
FinancialEquity4.1%
FinancialEquity2.7%
CommunicationEquity2.5%
State Bank of India
FinancialEquity2.2%
AutomobileEquity2.0%
FinancialAdditional Tier 1 Bo2.0%
GOI
SovereignGOI Sec1.9%
See All

Pros and cons

info
Category: Hybrid Dynamic Asset Allocation
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Pros

Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Lower expense ratio: 1%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
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Cons

Higher AUM: 35736Cr. Funds with a higher AUM tend to have lower returns in the future

Expense ratio, exit load and tax

Expense ratio: 1.00%

Inclusive of GST

Exit load

For units in excess of 10% of the investment,1% will be charged for redemption within 1 year

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand termsinfo
Check past data

Minimum investment amounts

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

Fund management

Sankaran Naren
Jul 2017 - Present
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Rajat Chandak
Sep 2015 - Present
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Manish Banthia
Jan 2013 - Present
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Ihab Dalwai
Jan 2018 - Present
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Ritesh Lunawat
Dec 2020 - Present
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Priyanka Khandelwal
Jun 2017 - Present
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Dharmesh Kakkad
Sep 2018 - Present
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Fund house & investment objective

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Fund house contact details

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