ICICI Prudential Balanced Advantage Direct IDCW Monthly

Hybrid
Dynamic Asset Allocation
Very High Risk
Payout
13.29%
3Y annualised
+0.08% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 24 Dec 2024₹25.24
Min. SIP amountNot Supported
Rating4
Fund size₹62,050.92Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns14.1%13.3%13.4%13.2%
Category average14.4%11.8%12.6%NA
Rank with in category21912NA
Understand terms

Holdings (214)

NameSectorInstrumentAssets
AutomobileEquity4.48%
FinancialEquity4.46%
HDFC Bank Ltd.
FinancialEquity3.99%
AutomobileEquity3.45%
TechnologyEquity3.30%
Consumer StaplesEquity2.55%
Larsen & Toubro Ltd.
ConstructionEquity2.49%
ConstructionREITs2.26%
FinancialEquity2.10%
Bharti Airtel Ltd.
CommunicationEquity2.07%
FinancialEquity2.03%
ServicesEquity1.91%
Reliance Industries Ltd.
EnergyEquity1.90%
GOI
SovereignGOI Sec1.76%
NTPC Ltd.
EnergyEquity1.71%
Sun Pharmaceutical Industries Ltd.
HealthcareEquity1.70%
ServicesEquity1.65%
FinancialEquity1.44%
AutomobileEquity1.33%
SovereignGOI Sec1.32%
GOI
SovereignGOI FRB1.31%
HCL Technologies Ltd.
TechnologyEquity1.31%
Hindustan Unilever Ltd.
Consumer StaplesEquity1.24%
India Universal Trust AL1
OthersSecuritised Debt1.19%
ServicesEquity1.16%
FinancialEquity1.14%
Consumer StaplesEquity1.04%
Titan Company Ltd.
Consumer DiscretionaryEquity0.95%
Ultratech Cement Ltd.
ConstructionEquity0.92%
ChemicalsEquity0.85%
Metals & MiningEquity0.78%
AutomobileEquity0.75%
HDFC Life Insurance Co Ltd.
InsuranceEquity0.70%
GOI
SovereignGOI Sec0.68%
Capital GoodsEquity0.68%
Punjab National Bank
FinancialCD0.65%
FinancialEquity0.63%
TechnologyEquity0.62%
Metals & MiningEquity0.57%
FinancialEquity0.57%
SBI Life Insurance Company Ltd.
InsuranceEquity0.56%
Bharti Telecom Ltd.
CommunicationDebenture0.53%
Bharti Telecom Ltd.
CommunicationDebenture0.51%
TechnologyEquity0.51%
EnergyEquity0.51%
EnergyEquity0.50%
ChemicalsEquity0.49%
Reserve Bank of India
FinancialT-Bills0.48%
FinancialEquity0.46%
India Universal Trust AL1
OthersSO0.45%
FinancialEquity0.42%
Cholamandalam Investment and Finance Company Ltd.
FinancialDebenture0.42%
TechnologyEquity0.39%
Nifty Bank
FinancialEquity0.37%
TechnologyEquity0.37%
InsuranceEquity0.35%
AutomobileEquity0.35%
Tata Motors Finance Ltd.
FinancialZCB0.34%
HealthcareEquity0.33%
Bharti Telecom Ltd.
CommunicationDebenture0.33%
EnergyEquity0.33%
Bank Of Baroda
FinancialCD0.33%
Canara Bank
FinancialCD0.33%
ConstructionEquity0.32%
Reserve Bank of India
FinancialT-Bills0.32%
FinancialBonds0.31%
Samvardhana Motherson International Ltd.
AutomobileDebenture0.31%
ServicesEquity0.31%
FinancialEquity0.30%
360 ONE Wealth Ltd.
FinancialNCD0.30%
EnergyEquity0.29%
Reserve Bank of India
FinancialT-Bills0.29%
Consumer DiscretionaryEquity0.28%
HealthcareEquity0.27%
ServicesEquity0.26%
JM Financial Credit Solutions Ltd.
FinancialNCD0.25%
Muthoot Finance Ltd.
FinancialDebenture0.25%
Reserve Bank of India
FinancialT-Bills0.24%
Union Bank of India
FinancialCD0.24%
HealthcareEquity0.24%
India Universal Trust AL1
OthersSecuritised Debt0.23%
Capital GoodsEquity0.23%
ConstructionInvITs0.21%
Capital GoodsEquity0.21%
ServicesEquity0.21%
FinancialNCD0.21%
Muthoot Finance Ltd.
FinancialDebenture0.21%
Reserve Bank of India
FinancialT-Bills0.21%
Reserve Bank of India
FinancialT-Bills0.21%
ConstructionEquity0.20%
ChemicalsEquity0.20%
AutomobileEquity0.20%
ChemicalsEquity0.19%
AutomobileEquity0.19%
Ess Kay Fincorp Ltd.
FinancialNCD0.19%
ServicesEquity0.19%
ConstructionREITs0.19%
FinancialEquity0.19%
ServicesEquity0.18%
Reserve Bank of India
FinancialT-Bills0.17%
ConstructionNCD0.17%
Reserve Bank of India
FinancialT-Bills0.17%
HealthcareEquity0.17%
Bharti Telecom Ltd.
CommunicationDebenture0.17%
SovereignGOI Sec0.17%
Barclays Bank
FinancialIRS0.17%
Manappuram Finance Ltd.
FinancialNCD0.17%
Manappuram Finance Ltd.
FinancialNCD0.17%
SBFC Finance Ltd.
FinancialNCD0.16%
Oberoi Realty Ltd.
ConstructionNCD0.16%
Capital GoodsEquity0.16%
RBL Bank Ltd.
FinancialCD0.16%
Reserve Bank of India
FinancialT-Bills0.16%
FinancialT-Bills0.15%
HealthcareEquity0.15%
Capital GoodsEquity0.14%
Bharti Telecom Ltd.
CommunicationDebenture0.13%
Consumer StaplesEquity0.13%
Consumer DiscretionaryEquity0.13%
Mankind Pharma Ltd.
HealthcareDebenture0.13%
ConstructionEquity0.13%
Tyger Capital Pvt. Ltd.
FinancialNCD0.12%
The Great Eastern Shipping Company Ltd.
EnergyDebenture0.12%
Tyger Capital Pvt. Ltd.
FinancialNCD0.12%
Consumer StaplesEquity0.12%
HDFC Bank Ltd.
FinancialCD0.12%
Punjab National Bank
FinancialCD0.12%
Torrent Power Ltd.
EnergyNCD0.12%
Capital GoodsEquity0.12%
ServicesEquity0.12%
FinancialEquity0.11%
Citi Corp Finance Ltd
FinancialNCD0.11%
TechnologyEquity0.11%
HealthcareEquity0.10%
FinancialEquity0.10%
FinancialEquity0.10%
Indostar Capital Finance Ltd.
FinancialNCD0.09%
ConstructionEquity0.09%
ConstructionREITs0.09%
Motilal Oswal Home Finance Ltd.
FinancialNCD0.09%
ConstructionEquity0.08%
FinancialAdditional Tier 2 Bo0.08%
Godrej Properties Ltd.
ConstructionDebenture0.08%
Muthoot Finance Ltd.
FinancialNCD0.08%
TextilesEquity0.08%
Bahadur Chand Investments Pvt. Ltd.
FinancialDebenture0.08%
Bahadur Chand Investments Pvt. Ltd.
FinancialDebenture0.08%
HDFC Bank Ltd.
FinancialCD0.08%
Punjab National Bank
FinancialCD0.08%
Macrotech Developers Ltd.
ConstructionNCD0.08%
ConstructionInvITs0.08%
Reserve Bank of India
FinancialT-Bills0.08%
ConstructionEquity0.07%
ConstructionREITs0.07%
TVS Credit Services Ltd.
FinancialNCD0.06%
ConstructionDebenture0.06%
FinancialNCD0.05%
FinancialNCD0.04%
Macrotech Developers Ltd.
ConstructionNCD0.04%
Axis Bank Ltd.
FinancialCD0.04%
Canara Bank
FinancialCD0.04%
DME Development Ltd.
ConstructionDebenture0.04%
DME Development Ltd.
ConstructionDebenture0.04%
DME Development Ltd.
ConstructionDebenture0.04%
DME Development Ltd.
ConstructionDebenture0.04%
DME Development Ltd.
ConstructionDebenture0.04%
Reserve Bank of India
FinancialT-Bills0.03%
Mankind Pharma Ltd.
HealthcareDebenture0.02%
FinancialDebenture0.02%
Torrent Power Ltd.
EnergyNCD0.02%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture0.02%
Reserve Bank of India
FinancialT-Bills0.02%
Reserve Bank of India
FinancialT-Bills0.02%
FinancialEquity0.01%
EnergyEquity0.01%
DME Development Ltd.
ConstructionDebenture0.01%
DME Development Ltd.
ConstructionDebenture0.01%
DME Development Ltd.
ConstructionDebenture0.01%
DME Development Ltd.
ConstructionDebenture0.01%
DME Development Ltd.
ConstructionDebenture0.01%
FinancialEquity0.01%
ConstructionPPE0.01%
SBI Cards And Payment Services Ltd.
FinancialFutures0.00%
EnergyBonds/NCD0.00%
SovereignGOI Sec0.00%
SovereignGOI Sec0.00%
Maruti Suzuki India Ltd.
AutomobileFutures-0.01%
Pidilite Industries Ltd.
ChemicalsFutures-0.03%
Apollo Hospitals Enterprise Ltd.
HealthcareFutures-0.04%
Mahindra & Mahindra Ltd.
AutomobileFutures-0.04%
Asian Paints Ltd.
ChemicalsFutures-0.07%
Cipla Ltd.
HealthcareFutures-0.15%
Larsen & Toubro Ltd.
ConstructionFutures-0.16%
Ultratech Cement Ltd.
ConstructionFutures-0.19%
Eicher Motors Ltd.
AutomobileFutures-0.20%
Samvardhana Motherson International Ltd.
AutomobileFutures-0.25%
Sun Pharmaceutical Industries Ltd.
HealthcareFutures-0.25%
Britannia Industries Ltd.
Consumer StaplesFutures-0.28%
Reliance Industries Ltd.
EnergyFutures-0.30%
NTPC Ltd.
EnergyFutures-0.30%
Tech Mahindra Ltd.
TechnologyFutures-0.30%
HCL Technologies Ltd.
TechnologyFutures-0.32%
ICICI Bank Ltd.
FinancialFutures-0.35%
Hindalco Industries Ltd.
Metals & MiningFutures-0.35%
Hindustan Unilever Ltd.
Consumer StaplesFutures-0.38%
Titan Company Ltd.
Consumer DiscretionaryFutures-0.40%
Tata Steel Ltd.
Metals & MiningFutures-0.43%
Tata Consultancy Services Ltd.
TechnologyFutures-0.48%
Infosys Ltd.
TechnologyFutures-0.54%
Bajaj Finance Ltd.
FinancialFutures-0.59%
State Bank of India
FinancialFutures-0.69%
Bharti Airtel Ltd.
CommunicationFutures-0.71%
Kotak Mahindra Bank Ltd.
FinancialFutures-0.99%
ITC Ltd.
Consumer StaplesFutures-1.67%
See All

Pros and cons

Category: Hybrid Dynamic Asset Allocation

Pros

3Y, 5Y and 10Y annualised returns higher than category average
Higher alpha: 3.98 The fund has generated returns higher than benchmark - CRISIL Hybrid 50+50 Moderate Index - in the last 3Y
Lower expense ratio: 0.87%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

1Y annualised returns lower than category average by 0.29%

Expense ratio, exit load and tax

Expense ratio: 0.87%

Inclusive of GST

Exit load

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

Stamp duty

0.005% (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%.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Sankaran Naren
Jul 2017 - Present
View details

Education
Mr. Naren is a B.Tech from IIT Chennai and MBA (Finance)from IIM Kolkata.
Experience
Prior to joining ICICI Prudential AMC he has worked with Refco Sify Securities India Pvt. Ltd., HDFC Securities Ltd. and Yoha Securities.
Also manages these schemes

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

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.
Also manages these schemes

Sharmila D'mello
Jul 2022 - Present
View details

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

Fund house & investment objective

Fund house contact details

Address
One BKC , A Wing ,13th Floor, Bandra Kurla Complex, Mumbai 400051
Phone
NA
Launch Date
12 Oct 1993
E-mail
NA
ICICI Prudential Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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