| NAV: 06 Jul 2022 | ₹17.08 |
| Min. SIP amount | NA |
| Rating | 4 |
| Fund size | ₹40,145.82Cr |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 6.7% | 11.4% | 10.4% | 12.6% |
| Category average | 24.8% | 9.3% | 9.1% | NA |
| Rank with in category | 5 | 7 | 2 | NA |
Holdings (106)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
GOI | Sovereign | GOI FRB | 6.3% |
| Reliance Industries Ltd. | Energy | Equity | 5.7% |
| ICICI Bank Ltd. | Financial | Equity | 5.0% |
| Infosys Ltd. | Technology | Equity | 4.5% |
| HDFC Bank Ltd. | Financial | Equity | 3.8% |
GOI | Sovereign | GOI Sec | 3.2% |
| Bharti Airtel Ltd. | Communication | Equity | 3.0% |
GOI | Sovereign | GOI Sec | 2.8% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 2.5% |
| State Bank of India | Financial | Equity | 2.4% |
Pros and cons
Pros
Cons
Expense ratio, exit load and tax
Expense ratio: 0.95%
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.
Minimum investment amounts
| Min. for 1st investment | NA |
| Min. for 2nd investment onwards | NA |
| Min. for SIP | NA |
Fund management
Sankaran NarenJul 2017 - PresentView details
Rajat ChandakSep 2015 - PresentView details
Manish BanthiaJan 2013 - PresentView details
Ihab DalwaiJan 2018 - PresentView details
Ritesh LunawatDec 2020 - PresentView details
Priyanka KhandelwalJun 2017 - PresentView details
Sri SharmaApr 2021 - PresentView details
Fund house & investment objective
Fund house contact details
Compare funds
FAQs
How to Invest in ICICI Prudential Balanced Advantage Direct IDCW Quarterly?
You can easily invest in ICICI Prudential Balanced Advantage Direct IDCW Quarterly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:
- Log on to your Groww account
- Search for ICICI Prudential Balanced Advantage Direct IDCW Quarterly from the search box
- In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
- Once you are done with that, you can start investing in ICICI Prudential Balanced Advantage Direct IDCW Quarterly as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does ICICI Prudential Balanced Advantage Direct IDCW Quarterly provide?
The ICICI Prudential Balanced Advantage Direct IDCW Quarterly has been there from 23 Sep 2014 and the average annual returns provided by this fund is 6.72% since its inception.
How much expense ratio is charged by ICICI Prudential Balanced Advantage Direct IDCW Quarterly?
The term
Expense Ratio used for ICICI Prudential Balanced Advantage Direct IDCW Quarterly or any other mutual fund is the annual
charges one needs to pay to the Mutual Fund company for managing your investments in that fund.
The Expense Ratio of ICICI Prudential Balanced Advantage Direct IDCW Quarterly is 0.95% as of 07 Jul 2022...
What is the AUM of ICICI Prudential Balanced Advantage Direct IDCW Quarterly?
The AUM, short for Assets Under Management of ICICI Prudential Balanced Advantage Direct IDCW Quarterly is ₹40,145.82Cr as of 07 Jul 2022.
How to Redeem ICICI Prudential Balanced Advantage Direct IDCW Quarterly?
If you want to sell your ICICI Prudential Balanced Advantage Direct IDCW Quarterly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of ICICI Prudential Balanced Advantage Direct IDCW Quarterly?
What is the NAV of ICICI Prudential Balanced Advantage Direct IDCW Quarterly?
The NAV of ICICI Prudential Balanced Advantage Direct IDCW Quarterly is ₹17.08 as of 06 Jul 2022.
