ICICI Prudential Balanced Advantage Direct Growth

ICICI Prudential Balanced Advantage Direct Growth

Hybrid
Dynamic Asset Allocation
Very High Risk
+14.31%
3Y annualised
+0.16% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 16 Jan '26
₹86.50
Min. SIP amount
₹100
Fund size
₹70,534.59 Cr
Expense ratio
0.86%

Return calculator

Monthly SIP
One time
Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹63,355
+5.59%
3 years₹1,80,000₹2,16,347
+20.19%
5 years₹3,00,000₹4,11,459
+37.15%
10 years₹6,00,000₹11,58,730
+93.12%

Holdings (251)

NameSectorInstrumentsAssets
TVS Motor Company Ltd.AutomobileEquity5.48%
ICICI Bank Ltd.FinancialEquity4.21%
HDFC Bank Ltd.FinancialEquity4.02%
Infosys Ltd.TechnologyEquity3.58%
Reliance Industries Ltd.EnergyEquity3.53%
Embassy Office Parks REITConstructionREITs2.97%
Larsen & Toubro Ltd.ConstructionEquity2.48%
Bharti Airtel Ltd.CommunicationEquity2.20%
Maruti Suzuki India Ltd.AutomobileEquity1.80%
Axis Bank Ltd.FinancialEquity1.76%
Interglobe Aviation Ltd.ServicesEquity1.61%
State Bank of IndiaFinancialEquity1.60%
Tata Consultancy Services Ltd.TechnologyEquity1.47%
Titan Company Ltd.Consumer DiscretionaryEquity1.43%
Britannia Industries Ltd.Consumer StaplesEquity1.40%
Eternal Ltd.ServicesEquity1.38%
HCL Technologies Ltd.TechnologyEquity1.34%
Samvardhana Motherson International Ltd.AutomobileEquity1.26%
NTPC Ltd.EnergyEquity1.21%
Sun Pharmaceutical Industries Ltd.HealthcareEquity1.18%
GOISovereignGOI Sec1.17%
GOISovereignGOI Sec1.15%
PI Industries Ltd.ChemicalsEquity1.05%
ITC Ltd.Consumer StaplesEquity1.03%
GOISovereignGOI FRB1.02%
SBI Life Insurance Company Ltd.InsuranceEquity1.02%
Avenue Supermarts Ltd.ServicesEquity1.02%
Kotak Mahindra Bank Ltd.FinancialEquity0.97%
GOISovereignGOI Sec0.94%
Export-Import Bank Of IndiaFinancialCD0.90%
Trent Ltd.ServicesEquity0.84%
Asian Paints Ltd.ChemicalsEquity0.72%
Bajaj Finserv Ltd.FinancialEquity0.71%
Eicher Motors Ltd.AutomobileEquity0.66%
Polycab India Ltd.Capital GoodsEquity0.64%
Hindalco Industries Ltd.Metals & MiningEquity0.63%
Dr. Reddy's Laboratories Ltd.HealthcareEquity0.57%
Cholamandalam Investment and Finance Company Ltd.FinancialEquity0.56%
The Phoenix Mills Ltd.ConstructionEquity0.55%
Hindustan Unilever Ltd.Consumer StaplesEquity0.55%
Reserve Bank of IndiaFinancialT-Bills0.55%
Mindspace Business Parks REITConstructionREITs0.54%
Oil And Natural Gas Corporation Ltd.EnergyEquity0.52%
HDFC Life Insurance Co Ltd.InsuranceEquity0.48%
Vedanta Ltd.Metals & MiningEquity0.47%
Bharti Telecom Ltd.CommunicationDebenture0.46%
Tech Mahindra Ltd.TechnologyEquity0.44%
GOISovereignGOI Sec0.43%
Reserve Bank of IndiaFinancialT-Bills0.42%
Small Industries Devp. Bank of India Ltd.FinancialCD0.42%
Bajaj Finance Ltd.FinancialEquity0.41%
Sona BLW Precision Forgings Ltd.AutomobileEquity0.40%
The Indian Hotels Company Ltd.ServicesEquity0.40%
Container Corporation Of India Ltd.ServicesEquity0.39%
Mphasis Ltd.TechnologyEquity0.38%
Brookfield India Real Estate Trust REITConstructionREITs0.38%
Pidilite Industries Ltd.ChemicalsEquity0.38%
360 One Wam Ltd.FinancialEquity0.37%
Cholamandalam Investment and Finance Company Ltd.FinancialDebenture0.36%
ICICI Prudential Liquid Fund Direct Plan-GrowthNAMutual Fund0.36%
Export-Import Bank Of IndiaFinancialCP0.35%
LTIMindtree Ltd.TechnologyEquity0.33%
ICICI Lombard General Insurance Company Ltd.InsuranceEquity0.33%
Cummins India Ltd.Capital GoodsEquity0.33%
Motherson Sumi Wiring India Ltd.AutomobileEquity0.32%
India Universal Trust AL1OthersSec. Debt0.32%
Tata Steel Ltd.Metals & MiningEquity0.31%
Info Edge (India) Ltd.ServicesEquity0.31%
Samvardhana Motherson International Ltd.AutomobileDebenture0.30%
Max Financial Services Ltd.FinancialEquity0.29%
Power Grid Corporation Of India Ltd.EnergyEquity0.29%
Bharti Telecom Ltd.CommunicationDebenture0.29%
Tata Motors Ltd.AutomobileEquity0.28%
Reserve Bank of IndiaFinancialT-Bills0.28%
National Bank For Agriculture & Rural DevelopmentFinancialCD0.28%
Madhya Pradesh StateOthersSDL0.28%
Uttar Pradesh StateOthersSDL0.28%
Ultratech Cement Ltd.ConstructionEquity0.28%
Yes Bank Ltd.FinancialBonds0.28%
Rajasthan StateOthersSDL0.27%
Reserve Bank of IndiaFinancialT-Bills0.27%
Reserve Bank of IndiaFinancialT-Bills0.27%
Apollo Hospitals Enterprise Ltd.HealthcareEquity0.27%
Life Insurance Corporation of IndiaInsuranceEquity0.26%
India Universal Trust AL1OthersSec. Debt0.26%
360 ONE Wealth Ltd.FinancialNCD0.26%
R R Kabel Ltd.Consumer DiscretionaryEquity0.25%
Indusind Bank Ltd.FinancialEquity0.25%
Small Industries Devp. Bank of India Ltd.FinancialCD0.25%
PG Electroplast Ltd.Capital GoodsEquity0.24%
Grasim Industries Ltd.ConstructionEquity0.24%
Madhya Pradesh StateOthersSDL0.24%
FSN E-Commerce Ventures Ltd.ServicesEquity0.23%
Travel Food Services Ltd.ServicesEquity0.23%
Mahindra & Mahindra Ltd.AutomobileEquity0.23%
Tata Motors Finance Ltd.FinancialZCB0.22%
GOISovereignGOI Sec0.22%
REC Ltd.FinancialEquity0.22%
India Universal Trust AL1OthersSec. Debt0.22%
Reserve Bank of IndiaFinancialT-Bills0.22%
Muthoot Finance Ltd.FinancialDebenture0.22%
JM Financial Credit Solutions Ltd.FinancialNCD0.21%
Rajasthan StateOthersSDL0.21%
IDBI Bank Ltd.FinancialCD0.21%
Powergrid Infrastructure Investment TrustServicesInvITs0.20%
Muthoot Finance Ltd.FinancialDebenture0.18%
HDFC Asset Management Company Ltd.FinancialEquity0.18%
Maharashtra StateOthersSDL0.18%
Adani Enterprises Ltd.ServicesNCD0.18%
Altius Telecom Infrastructure TrustConstructionInvITs0.17%
Rajasthan StateOthersSDL0.17%
Ess Kay Fincorp Ltd.FinancialNCD0.16%
Lupin Ltd.HealthcareEquity0.16%
Ambuja Cements Ltd.ConstructionEquity0.16%
GOISovereignGOI Sec0.16%
ABB India Ltd.Capital GoodsEquity0.15%
L&T Metro Rail (Hyderabad) Ltd.ConstructionNCD0.15%
Canara HSBC Life Insurance Company Ltd.InsuranceEquity0.15%
AWL Agri Business Ltd.Consumer StaplesEquity0.15%
Rajasthan StateOthersSDL0.14%
Oberoi Realty Ltd.ConstructionNCD0.14%
Bamboo Hotel And Global Centre (Delhi) Pvt Ltd. Class AServicesDebenture0.14%
Himachal Pradesh StateOthersSDL0.14%
Rajasthan StateOthersSDL0.14%
SBFC Finance Ltd.FinancialNCD0.14%
Atul Ltd.ChemicalsEquity0.14%
Madhya Pradesh StateOthersSDL0.14%
Tamilnadu StateOthersSDL0.14%
Axis Bank Ltd.FinancialCD0.14%
National Bank For Agriculture & Rural DevelopmentFinancialCD0.14%
Maharashtra StateOthersSDL0.14%
India Universal Trust AL1OthersSec. Debt0.14%
ICICI Prudential Life Insurance Company Ltd.InsuranceEquity0.14%
Maharashtra StateOthersSDL0.14%
Maharashtra StateOthersSDL0.14%
KEC International Ltd.Capital GoodsEquity0.13%
Andhra Pradesh StateFinancialSDL0.13%
Andhra Pradesh StateFinancialSDL0.13%
Bharti Airtel Ltd. - (Partly Paid up Equity Shares (Rights Issue))CommunicationPPE0.11%
Voltas Ltd.Consumer DiscretionaryEquity0.11%
Mankind Pharma Ltd.HealthcareDebenture0.11%
Reserve Bank of IndiaFinancialT-Bills0.11%
Aavas Financiers Ltd.FinancialNCD0.11%
Tyger Capital Pvt. Ltd.FinancialNCD0.11%
Tyger Capital Pvt. Ltd.FinancialNCD0.11%
Torrent Power Ltd.EnergyNCD0.11%
Reserve Bank of IndiaFinancialT-Bills0.11%
Madhya Pradesh StateOthersSDL0.10%
Vedanta Ltd.Metals & MiningFutures0.10%
Azad Engineering Ltd.Capital GoodsEquity0.09%
Havells India Ltd.Capital GoodsEquity0.09%
Nestle India Ltd.Consumer StaplesEquity0.09%
India Universal Trust AL1OthersSec. Debt0.09%
Jubilant FoodWorks Ltd.ServicesEquity0.09%
Divi's Laboratories Ltd.HealthcareEquity0.09%
Power Finance Corporation Ltd.FinancialEquity0.08%
Bajaj Auto Ltd.AutomobileEquity0.08%
Rajasthan StateOthersSDL0.08%
Computer Age Management Services Ltd.ServicesEquity0.08%
Inox Wind Ltd.Capital GoodsEquity0.08%
Indostar Capital Finance Ltd.FinancialNCD0.08%
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%
Reserve Bank of IndiaFinancialT-Bills0.07%
Shriram Finance LtdFinancialEquity0.07%
V-Guard Industries Ltd.Consumer DiscretionaryEquity0.07%
Haryana StateOthersSDL0.07%
CMS Info Systems Ltd.ServicesEquity0.07%
Indus Infra TrustConstructionInvITs0.07%
Reserve Bank of IndiaFinancialT-Bills0.06%
Nexus Select TrustConstructionREITs0.06%
TVS Motor Company Ltd - Pref. SharesAutomobilePref. Shares0.06%
Telangana StateFinancialSDL0.06%
India Universal Trust AL1OthersSec. Debt0.06%
RHI Magnesita India Ltd.ConstructionEquity0.05%
Reserve Bank of IndiaFinancialT-Bills0.05%
Haryana StateOthersSDL0.05%
Andhra Pradesh StateFinancialSDL0.05%
TVS Credit Services Ltd.FinancialNCD0.05%
Tata Capital Ltd.FinancialEquity0.04%
Colgate-Palmolive (India) Ltd.Consumer StaplesEquity0.04%
Haryana StateOthersSDL0.04%
Karnataka StateOthersSDL0.04%
Uttar Pradesh StateOthersSDL0.04%
Reserve Bank of IndiaFinancialT-Bills0.04%
Odisha StateFinancialSDL0.03%
Shree Cement Ltd.ConstructionEquity0.03%
Bharat Petroleum Corporation Ltd.EnergyEquity0.02%
Reserve Bank of IndiaFinancialT-Bills0.02%
Mankind Pharma Ltd.HealthcareDebenture0.02%
West Bengal StateOthersSDL0.02%
Maharashtra StateOthersSDL0.02%
Torrent Power Ltd.EnergyNCD0.01%
Kwality Walls India Ltd.Consumer StaplesEquity0.01%
Neuland Laboratories Ltd.HealthcareEquity0.01%
Uttar Pradesh StateOthersSDL0.00%
GOISovereignGOI Sec0.00%
Jupiter Life Line Hospitals Ltd.HealthcareEquity0.00%
GOISovereignGOI Sec0.00%
Dr. Reddy's Laboratories Ltd.HealthcareFutures-0.00%
Maruti Suzuki India Ltd.AutomobileFutures-0.00%
Max Financial Services Ltd.FinancialFutures-0.01%
PI Industries Ltd.ChemicalsFutures-0.02%
Larsen & Toubro Ltd.ConstructionFutures-0.02%
ICICI Lombard General Insurance Company Ltd.InsuranceFutures-0.02%
Bharat Petroleum Corporation Ltd.EnergyFutures-0.02%
Mahindra & Mahindra Ltd.AutomobileFutures-0.03%
HDFC Asset Management Company Ltd.FinancialFutures-0.03%
Infosys Ltd.TechnologyFutures-0.05%
Kotak Mahindra Bank Ltd.FinancialFutures-0.06%
Pidilite Industries Ltd.ChemicalsFutures-0.06%
LTIMindtree Ltd.TechnologyFutures-0.07%
Apollo Hospitals Enterprise Ltd.HealthcareFutures-0.07%
Axis Bank Ltd.FinancialFutures-0.08%
Bajaj Auto Ltd.AutomobileFutures-0.08%
Power Finance Corporation Ltd.FinancialFutures-0.08%
Sun Pharmaceutical Industries Ltd.HealthcareFutures-0.09%
Interglobe Aviation Ltd.ServicesFutures-0.10%
Lupin Ltd.HealthcareFutures-0.10%
Ambuja Cements Ltd.ConstructionFutures-0.11%
Cholamandalam Investment and Finance Company Ltd.FinancialFutures-0.11%
Tata Consultancy Services Ltd.TechnologyFutures-0.13%
Eternal Ltd.ServicesFutures-0.13%
Ultratech Cement Ltd.ConstructionFutures-0.15%
SBI Life Insurance Company Ltd.InsuranceFutures-0.18%
Tata Steel Ltd.Metals & MiningFutures-0.22%
FSN E-Commerce Ventures Ltd.ServicesFutures-0.23%
Grasim Industries Ltd.ConstructionFutures-0.23%
Bajaj Finserv Ltd.FinancialFutures-0.24%
Indusind Bank Ltd.FinancialFutures-0.25%
Mphasis Ltd.TechnologyFutures-0.25%
Britannia Industries Ltd.Consumer StaplesFutures-0.27%
HDFC Life Insurance Co Ltd.InsuranceFutures-0.27%
Cummins India Ltd.Capital GoodsFutures-0.33%
Asian Paints Ltd.ChemicalsFutures-0.35%
State Bank of IndiaFinancialFutures-0.35%
Bajaj Finance Ltd.FinancialFutures-0.41%
Oil And Natural Gas Corporation Ltd.EnergyFutures-0.46%
Samvardhana Motherson International Ltd.AutomobileFutures-0.47%
Reliance Industries Ltd.EnergyFutures-0.48%
ITC Ltd.Consumer StaplesFutures-0.49%
Titan Company Ltd.Consumer DiscretionaryFutures-0.57%
Hindalco Industries Ltd.Metals & MiningFutures-0.63%
Bharti Airtel Ltd.CommunicationFutures-0.65%
Eicher Motors Ltd.AutomobileFutures-0.66%
ICICI Bank Ltd.FinancialFutures-0.69%
TVS Motor Company Ltd.AutomobileFutures-0.98%
Nifty BankFinancialID-1.45%
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+14.3%+13.0%+12.8%+13.1%
Category average (Hybrid Dynamic Asset Allocation)+11.9%+10.7%+9.6%--
Rank (Hybrid Dynamic Asset Allocation)732--

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 ₹10,93,563 Cr and the Latest NAV as of 16 Jan 2026 is ₹86.50. 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₹10,93,563.13 Cr
Date of Incorporation12 Oct 1993
PhoneNA
E-mailNA
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,