Formerly ICICI Pru Balanced Advantage DP
However, Scripbox does not recommend investing in dynamic asset allocation or balanced advantage mutual funds.
Dynamic Asset Allocation funds change their exposure to debt and equity dynamically - taking a call on market valuation & conditions.
This makes their performance difficult to assess.
With a high Equity component, the impact of market fluctuations on these funds is high.It is better for investors to make the allocation to equity & debt themselves and choose the right funds in each asset class.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
15 Years. The Fund has Sufficient history for analysis and the track record is good.
28,257 Cr. Category leader in size
Neutral. The category has a neutral investment outlook
Consistency Of Performance
Good. The historical performance of the fund has been good
To provide capital appreciation and income distribution to the investors by using equity derivatives strategies,arbitrage opportunities and pure equity investments.However,there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Low to Moderate
Very High Risk
Dec 30, 2006
Launched (15y ago)
AUM in Crores
CRISIL Hybrid 50+50 - Moderate TR INR
Returns Calculator Comparison
with step up of
|Instrument||Returns||Total Corpus||Gains||Annualised %|
|Mutual Fund||₹ 965,796||₹ 233,184||11.25%|
|EPF||₹ 900,761||₹ 168,149||8.50%|
|Property||₹ 867,662||₹ 135,050||7.00%|
|PPF||₹ 869,819||₹ 137,207||7.10%|
|Bank FD||₹ 846,471||₹ 113,859||6.00%|
|Gold||₹ 846,471||₹ 113,859||6.00%|
|Savings Bank||₹ 825,950||₹ 93,338||5.00%|
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Comparison with Hybrid Funds
About the AMC
ICICI Prudential Asset Management Company Limited
ICICI Prudential Asset Management Company Limited manages assets worth 397,926 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 104 equity,526 debt and 64 hybrid funds.
₹ 25,513 Cr
₹ 26,705 Cr
₹ 25,513 Cr
₹ 26,705 Cr
₹ 26,705 Cr
Investing through Scripbox is made easy and paperless. All you need to do is follow the below steps and start investing.
Choose a plan to invest to start investing
Create an account with Scripbox through a paperless process, to invest in this fund
Invest via netbanking, UPI or through an SIP (eNACH mandate).
Track, invest more and withdraw your investments through the Scripbox dashboard
You'll never have to worry about what funds to choose. We'll suggest what's best for you.
We will track our recommendations and suggest changes & fund exists whenever required.
Our customer champions are available 7 days a week from 8AM to 8PM.
We review your investments and make course corrections every year to make the best out of your investments
ICICI Prudential Balanced Advantage Fund (DP-A) is a dynamic asset allocation or balanced advantage hybrid fund and has delivered an annualised return of 10.6% over a period of 15 years .The fund was previously known as ICICI Pru Balanced Advantage DP.The fund is managed by ICICI Prudential Asset Management Company Limited.The fund managers are Dharmesh Kakkad, Ihab Dalwai, Manish Banthia, Priyanka Khandelwal, Rajat Chandak, Ritesh Lunawat, Sankaran Naren
To provide capital appreciation and income distribution to the investors by using equity derivatives strategies,arbitrage opportunities and pure equity investments.However,there can be no assurance or guarantee that the investment objective of the Scheme would be achieved. However, there is no assurance that the objective of the scheme will be realized.
The ICICI Prudential Balanced Advantage Fund (DP-A) fund was launched on Dec 30, 2006. The NAV (Net Asset Value) of this dynamic asset allocation or balanced advantage hybrid as of 2021-02-26 is ₹ 16.55. The total AUM (Asset Under Management) of the fund as of 2021-02-26 is ₹ 28256.677. The category risk of the ICICI Prudential Balanced Advantage Fund (DP-A) fund is Very High Risk. The fund charges 1.76 % as expense ratio.
The fund’s highest allocation is towards equity and has invested 43.3% in this asset class. The top three holdings of the fund are axis bank limited,icici bank limited and axis bank limited
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to CRISIL Hybrid 50+50 - Moderate TR INR
ICICI Prudential Balanced Advantage Fund (DP-A) has a score of 3 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, ICICI Prudential Balanced Advantage Fund (DP-A) has a score of 5 out of 5. Scipbox has rated this fund 4 out of 5 based on consistency of performance over various years / tenures.