ICICI Prudential Balanced Advantage Direct IDCW Quarterly

ICICI Prudential Balanced Advantage Direct IDCW Quarterly is a Hybrid Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993. S Naren, Rajat Chandak, Manish Banthia, Ihab Dalwai is the Current Fund Manager of ICICI Prudential Balanced Advantage Direct IDCW Quarterly fund. The fund currently has an Asset Under Management(AUM) of ₹4,70,644 Cr and the Latest NAV as of 09 Sep 2022 is ₹18.08. The ICICI Prudential Balanced Advantage Direct IDCW Quarterly is rated Moderately High risk. Minimum SIP Investment is set to ₹1,000. For units in excess of 10% 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. ;