ICICI Prudential Balanced Advantage Direct Growth

ICICI Prudential Balanced Advantage Direct Growth

Hybrid
Dynamic Asset Allocation
Very High Risk
+14.45%
3Y annualised
+0.08% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 26 Feb '26
₹86.68
Min. for SIP
₹100
Fund size
₹70,343.40 Cr
Expense ratio
0.86%

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹62,809
+4.68%
3 years₹1,80,000₹2,13,731
+18.74%
5 years₹3,00,000₹4,06,841
+35.61%
10 years₹6,00,000₹11,45,880
+90.98%

Holdings (236)

NameSectorInstrumentsAssets
TVS Motor Company Ltd.AutomobileEquity5.56%
ICICI Bank Ltd.FinancialEquity4.27%
HDFC Bank Ltd.FinancialEquity4.10%
Infosys Ltd.TechnologyEquity3.32%
Reliance Industries Ltd.EnergyEquity3.14%
Embassy Office Parks REITConstructionREITs2.98%
Larsen & Toubro Ltd.ConstructionEquity2.35%
Bharti Airtel Ltd.CommunicationEquity2.06%
Maruti Suzuki India Ltd.AutomobileEquity1.94%
State Bank of IndiaFinancialEquity1.80%
Axis Bank Ltd.FinancialEquity1.80%
Interglobe Aviation Ltd.ServicesEquity1.63%
Eternal Ltd.ServicesEquity1.61%
GOISovereignGOI Sec1.51%
Britannia Industries Ltd.Consumer StaplesEquity1.44%
Titan Company Ltd.Consumer DiscretionaryEquity1.41%
NTPC Ltd.EnergyEquity1.35%
HCL Technologies Ltd.TechnologyEquity1.33%
Samvardhana Motherson International Ltd.AutomobileEquity1.19%
Avenue Supermarts Ltd.ServicesEquity1.16%
GOISovereignGOI Sec1.16%
Tata Consultancy Services Ltd.TechnologyEquity1.13%
Sun Pharmaceutical Industries Ltd.HealthcareEquity1.09%
SBI Life Insurance Company Ltd.InsuranceEquity1.06%
PI Industries Ltd.ChemicalsEquity1.04%
Kotak Mahindra Bank Ltd.FinancialEquity1.02%
GOISovereignGOI Sec1.01%
GOISovereignGOI Sec0.93%
Trent Ltd.ServicesEquity0.92%
Export-Import Bank Of IndiaFinancialCD0.90%
Cholamandalam Investment and Finance Company Ltd.FinancialEquity0.90%
GOISovereignGOI Sec0.87%
ITC Ltd.Consumer StaplesEquity0.82%
GOISovereignGOI FRB0.79%
Vedanta Ltd.Metals & MiningEquity0.69%
Hindalco Industries Ltd.Metals & MiningEquity0.68%
Bajaj Finserv Ltd.FinancialEquity0.68%
Eicher Motors Ltd.AutomobileEquity0.65%
Asian Paints Ltd.ChemicalsEquity0.64%
Tata Motors Ltd.AutomobileEquity0.59%
Polycab India Ltd.Capital GoodsEquity0.59%
Mindspace Business Parks REITConstructionREITs0.56%
Reserve Bank of IndiaFinancialT-Bills0.56%
Hindustan Unilever Ltd.Consumer StaplesEquity0.56%
Dr. Reddy's Laboratories Ltd.HealthcareEquity0.55%
360 One Wam Ltd.FinancialEquity0.55%
Oil And Natural Gas Corporation Ltd.EnergyEquity0.52%
The Indian Hotels Company Ltd.ServicesEquity0.52%
Mahindra & Mahindra Ltd.AutomobileEquity0.51%
Reserve Bank of IndiaFinancialT-Bills0.50%
The Phoenix Mills Ltd.ConstructionEquity0.50%
Tech Mahindra Ltd.TechnologyEquity0.49%
HDFC Life Insurance Co Ltd.InsuranceEquity0.47%
Bharti Telecom Ltd.CommunicationDebenture0.46%
Ultratech Cement Ltd.ConstructionEquity0.46%
Apollo Hospitals Enterprise Ltd.HealthcareEquity0.43%
Small Industries Devp. Bank of India Ltd.FinancialCD0.42%
Sona BLW Precision Forgings Ltd.AutomobileEquity0.42%
Bajaj Finance Ltd.FinancialEquity0.41%
Brookfield India Real Estate Trust REITConstructionREITs0.40%
Mphasis Ltd.TechnologyEquity0.38%
Container Corporation Of India Ltd.ServicesEquity0.37%
ICICI Prudential Liquid Fund Direct Plan-GrowthNAMutual Fund0.36%
Multi Commodity Exchange Of India Ltd.ServicesEquity0.36%
LTIMindtree Ltd.TechnologyEquity0.35%
Pidilite Industries Ltd.ChemicalsEquity0.34%
Tata Steel Ltd.Metals & MiningEquity0.34%
Power Grid Corporation Of India Ltd.EnergyEquity0.33%
India Universal Trust AL1OthersSec. Debt0.32%
Cummins India Ltd.Capital GoodsEquity0.31%
R R Kabel Ltd.Consumer DiscretionaryEquity0.30%
Info Edge (India) Ltd.ServicesEquity0.29%
Motherson Sumi Wiring India Ltd.AutomobileEquity0.29%
Bharti Telecom Ltd.CommunicationDebenture0.29%
ICICI Lombard General Insurance Company Ltd.InsuranceEquity0.29%
Samvardhana Motherson International Ltd.AutomobileDebenture0.28%
Reserve Bank of IndiaFinancialT-Bills0.28%
Uttar Pradesh StateOthersSDL0.28%
Madhya Pradesh StateOthersSDL0.28%
Travel Food Services Ltd.ServicesEquity0.28%
Max Financial Services Ltd.FinancialEquity0.28%
Yes Bank Ltd.FinancialBonds0.27%
Rajasthan StateOthersSDL0.27%
Ultratech Cement Ltd.ConstructionFutures0.27%
Small Industries Devp. Bank of India Ltd.FinancialCD0.27%
Shriram Finance LtdFinancialEquity0.26%
Indusind Bank Ltd.FinancialEquity0.26%
360 ONE Wealth Ltd.FinancialNCD0.26%
India Universal Trust AL1OthersSec. Debt0.25%
Life Insurance Corporation of IndiaInsuranceEquity0.25%
PG Electroplast Ltd.Capital GoodsEquity0.24%
Grasim Industries Ltd.ConstructionEquity0.24%
Madhya Pradesh StateOthersSDL0.24%
Tata Motors Finance Ltd.FinancialZCB0.23%
REC Ltd.FinancialEquity0.22%
Ambuja Cements Ltd.ConstructionEquity0.22%
India Universal Trust AL1OthersSec. Debt0.22%
Muthoot Finance Ltd.FinancialDebenture0.22%
JM Financial Credit Solutions Ltd.FinancialNCD0.21%
Rajasthan StateOthersSDL0.21%
FSN E-Commerce Ventures Ltd.ServicesEquity0.21%
Powergrid Infrastructure Investment TrustServicesInvITs0.21%
HDFC Asset Management Company Ltd.FinancialEquity0.20%
Muthoot Finance Ltd.FinancialDebenture0.18%
Altius Telecom Infrastructure TrustConstructionInvITs0.18%
Maharashtra StateOthersSDL0.18%
Adani Enterprises Ltd.ServicesNCD0.18%
Voltas Ltd.Consumer DiscretionaryEquity0.17%
Rajasthan StateOthersSDL0.17%
ABB India Ltd.Capital GoodsEquity0.17%
Ess Kay Fincorp Ltd.FinancialNCD0.16%
Shadowfax Technologies Ltd.ServicesEquity0.15%
L&T Metro Rail (Hyderabad) Ltd.ConstructionNCD0.15%
Canara HSBC Life Insurance Company Ltd.InsuranceEquity0.15%
Rajasthan StateOthersSDL0.14%
Atul Ltd.ChemicalsEquity0.14%
Bamboo Hotel And Global Centre (Delhi) Pvt Ltd. Class AServicesDebenture0.14%
Oberoi Realty Ltd.ConstructionNCD0.14%
SBFC Finance Ltd.FinancialNCD0.14%
Rajasthan StateOthersSDL0.14%
Himachal Pradesh StateOthersSDL0.14%
Tamilnadu StateOthersSDL0.14%
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%
AWL Agri Business Ltd.Consumer StaplesEquity0.13%
Computer Age Management Services Ltd.ServicesEquity0.13%
Andhra Pradesh StateFinancialSDL0.13%
Andhra Pradesh StateFinancialSDL0.13%
Reserve Bank of IndiaFinancialT-Bills0.13%
Shree Cement Ltd.ConstructionFutures0.12%
Azad Engineering Ltd.Capital GoodsEquity0.12%
India Universal Trust AL1OthersSec. Debt0.12%
KEC International Ltd.Capital GoodsEquity0.12%
Inox Wind Ltd.Capital GoodsEquity0.12%
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%
Adani Power Ltd.EnergyDebenture0.11%
Small Industries Devp. Bank of India Ltd.FinancialCD0.11%
Bharti Airtel Ltd. - (Partly Paid up Equity Shares (Rights Issue))CommunicationPPE0.11%
Jubilant FoodWorks Ltd.ServicesEquity0.10%
Reserve Bank of IndiaFinancialT-Bills0.10%
Madhya Pradesh StateOthersSDL0.10%
Jindal Steel Ltd.Metals & MiningFutures0.10%
Lupin Ltd.HealthcareEquity0.10%
India Universal Trust AL1OthersSec. Debt0.09%
Power Finance Corporation Ltd.FinancialEquity0.09%
Divi's Laboratories Ltd.HealthcareEquity0.09%
Havells India Ltd.Capital GoodsEquity0.08%
Rajasthan StateOthersSDL0.08%
Indostar Capital Finance Ltd.FinancialNCD0.08%
V-Guard Industries Ltd.Consumer DiscretionaryEquity0.07%
Bajaj Auto Ltd.AutomobileEquity0.07%
Mahindra & Mahindra Ltd.AutomobileFutures0.07%
Godrej Properties Ltd.ConstructionDebenture0.07%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture0.07%
Muthoot Finance Ltd.FinancialNCD0.07%
Bahadur Chand Investments Pvt. Ltd.FinancialDebenture0.07%
Bahadur Chand Investments Pvt. Ltd.FinancialDebenture0.07%
Haryana StateOthersSDL0.07%
Indus Infra TrustConstructionInvITs0.07%
Panatone Finvest LtdFinancialCP0.07%
Nexus Select TrustConstructionREITs0.06%
CMS Info Systems Ltd.ServicesEquity0.06%
TVS Motor Company Ltd - Pref. SharesAutomobilePref. Shares0.06%
Telangana StateFinancialSDL0.06%
Reserve Bank of IndiaFinancialT-Bills0.05%
Andhra Pradesh StateFinancialSDL0.05%
RHI Magnesita India Ltd.ConstructionEquity0.05%
Neuland Laboratories Ltd.HealthcareEquity0.05%
TVS Credit Services Ltd.FinancialNCD0.05%
India Universal Trust AL1OthersSec. Debt0.04%
Colgate-Palmolive (India) Ltd.Consumer StaplesEquity0.04%
Reserve Bank of IndiaFinancialT-Bills0.04%
Haryana StateOthersSDL0.04%
Shree Cement Ltd.ConstructionEquity0.04%
Haryana StateOthersSDL0.04%
Karnataka StateOthersSDL0.04%
Uttar Pradesh StateOthersSDL0.04%
Adani Power Ltd.EnergyDebenture0.04%
Odisha StateFinancialSDL0.02%
Reserve Bank of IndiaFinancialT-Bills0.02%
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%
Kwality Wall's (India) Ltd.Consumer StaplesEquity0.01%
GOISovereignGOI Sec0.01%
Uttar Pradesh StateOthersSDL0.00%
GOISovereignGOI Sec0.00%
Jindal Steel Ltd.Metals & MiningEquity0.00%
Jupiter Life Line Hospitals Ltd.HealthcareEquity0.00%
Trent Ltd.ServicesFutures-0.00%
Maruti Suzuki India Ltd.AutomobileFutures-0.01%
Axis Bank Ltd.FinancialFutures-0.03%
Pidilite Industries Ltd.ChemicalsFutures-0.04%
LTIMindtree Ltd.TechnologyFutures-0.05%
Kotak Mahindra Bank Ltd.FinancialFutures-0.05%
HDFC Bank Ltd.FinancialFutures-0.07%
Bajaj Auto Ltd.AutomobileFutures-0.07%
Sun Pharmaceutical Industries Ltd.HealthcareFutures-0.08%
Power Finance Corporation Ltd.FinancialFutures-0.09%
Lupin Ltd.HealthcareFutures-0.10%
HDFC Life Insurance Co Ltd.InsuranceFutures-0.15%
State Bank of IndiaFinancialFutures-0.16%
SBI Life Insurance Company Ltd.InsuranceFutures-0.18%
FSN E-Commerce Ventures Ltd.ServicesFutures-0.21%
Cholamandalam Investment and Finance Company Ltd.FinancialFutures-0.21%
Britannia Industries Ltd.Consumer StaplesFutures-0.23%
Bajaj Finserv Ltd.FinancialFutures-0.23%
Tata Steel Ltd.Metals & MiningFutures-0.23%
Grasim Industries Ltd.ConstructionFutures-0.23%
Mphasis Ltd.TechnologyFutures-0.25%
Indusind Bank Ltd.FinancialFutures-0.26%
Cummins India Ltd.Capital GoodsFutures-0.30%
Asian Paints Ltd.ChemicalsFutures-0.31%
Tata Consultancy Services Ltd.TechnologyFutures-0.31%
ITC Ltd.Consumer StaplesFutures-0.40%
Reliance Industries Ltd.EnergyFutures-0.42%
Samvardhana Motherson International Ltd.AutomobileFutures-0.44%
Oil And Natural Gas Corporation Ltd.EnergyFutures-0.52%
Bharti Airtel Ltd.CommunicationFutures-0.61%
Titan Company Ltd.Consumer DiscretionaryFutures-0.64%
Eicher Motors Ltd.AutomobileFutures-0.65%
Hindalco Industries Ltd.Metals & MiningFutures-0.68%
ICICI Bank Ltd.FinancialFutures-0.70%
TVS Motor Company Ltd.AutomobileFutures-0.97%
Nifty BankFinancialID-1.07%
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+14.4%+12.5%+13.4%+13.0%
Category average (Hybrid Dynamic Asset Allocation)+11.9%+10.7%+9.6%--
Rank (Hybrid Dynamic Asset Allocation)1232--

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 ₹11,20,013 Cr and the Latest NAV as of 26 Feb 2026 is ₹86.68. 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₹11,20,013.19 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,