Home>Mutual Funds>ICICI Prudential Mutual Fund>ICICI Prudential Balanced Advantage Direct IDCW Quarterly

ICICI Prudential Balanced Advantage Direct IDCW Quarterly

Hybrid
Dynamic Asset Allocation
High Risk
27.21%
1Y return
+0.18% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 30 Jul 2021₹17.77
Min. SIP AmountNA
Rating4star
Fund Size₹32,942.16 Cr

Holdings (95)

NameSectorInstrumentAssets
Reliance Industries Ltd.EnergyEquity6.1%
ICICI Bank Ltd.FinancialEquity5.9%
Infosys Ltd.TechnologyEquity4.9%
HDFC Bank Ltd.FinancialEquity4.2%
GOI
SovereignGOI Sec2.9%
Housing Development Finance Corpn. Ltd.FinancialEquity2.7%
Bharti Airtel Ltd.CommunicationEquity2.4%
Reserve Bank of India
FinancialT-Bills2.4%
Reserve Bank of India
FinancialT-Bills2.3%
State Bank of India
FinancialEquity2.2%
See All

Pros and cons

Category: Hybrid Dynamic Asset Allocation

Pros

  • 1Y Returns are higher than the category average returns
  • 3Y Returns are higher than the category average returns
  • 5Y Returns are higher than the category average returns

Cons

  • Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount

Expense ratio, exit load and tax

Expense ratio: 1.05%

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.

Understand termsinfo

Fund management

Sankaran Naren
Jul 2017 - Present
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Rajat Chandak
Sep 2015 - Present
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Manish Banthia
Jan 2013 - Present
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Ihab Dalwai
Jan 2018 - Present
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Ritesh Lunawat
Dec 2020 - Present
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Priyanka Khandelwal
Jun 2017 - Present
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Dharmesh Kakkad
Sep 2018 - Present
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Fund house & investment objective

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Fund house contact details

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