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ICICI Prudential Balanced Advantage Growth+0.18%

38.13%
1 Year Return
Hybrid
Balanced Advantage
4.0star
6M
1Y
3Y
5Y
All

Fund Details

ICICI Prudential Balanced Advantage Growth

RiskHigh
Min SIP Amount₹100
Expense Ratio1.76%
NAV₹44.12 (16 Apr 2021)
Fund Started30 Dec 2006
Fund Size30,284 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
38.1%
9.4%
11.1%
11.0%
Category Average
29.6%
7.0%
8.7%
-
Rank Within Category
4
3
3
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount100
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 38.1% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. 10Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
2. Higher expense ratio - 1.76%

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity4.6%
Britannia Industries Ltd.FMCGEquity1.2%
Cipla Ltd.HealthcareEquity1.0%
Eicher Motors Ltd.AutomobileEquity0.8%
Bharat Petroleum Corpn. Ltd.EnergyEquity0.7%
Bank Of BarodaFinancialEquity0.6%
GAIL (India) Ltd.EnergyEquity0.6%
ACC Ltd.ConstructionEquity0.4%
Nayara Energy Ltd.EnergyBonds/NCD0.3%
Container Corpn. Of India Ltd.ServicesEquity0.3%
See All

Fund Managers

Sankaran Naren
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Rajat Chandak
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Manish Banthia
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Ihab Dalwai
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Ritesh Lunawat
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Priyanka Khandelwal
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Dharmesh Kakkad
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ICICI Prudential Balanced Advantage Growth Details

ICICI Prudential Balanced Advantage Growth is a Hybrid Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 30 Dec 2006. S Naren, Rajat Chandak, Manish Banthia, Ihab Dalwai is the Current Fund Manager of ICICI Prudential Balanced Advantage Growth fund.The fund currently has an Asset Under Management(AUM) of ₹30,284 Cr and the Latest NAV as of 16 Apr 2021 is ₹44.12.

The ICICI Prudential Balanced Advantage Growth is rated High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 500. 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.

Tax Implications

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.

Scheme Information Document(SID)

₹500
Min for First Investment
₹100
Min for Second Investment
For units in excess of 10% of the investment,1% will be charged for redemption within 1 year
Exit Load

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About ICICI Prudential Mutual Fund

Address
One BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051
Phone
022-26525000
Launch Date
13 Oct 1993
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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