Formerly ICICI Pru Balanced Advantage DR
₹ 16.72
NAV (Mar 02)
Neutral
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.
Track Record
15 Years. The Fund has Sufficient history for analysis and the track record is good.
Relative Size
28,257 Cr. Category leader in size
Category View
Neutral. The category has a neutral investment outlook
Consistency Of Performance
Good. The historical performance of the fund has been good
Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.
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Scheme Information
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
Low to Moderate
Moderate
Moderately High
High
Very High
Very High Risk
1.76 %
Expense Ratio
Dec 30, 2006
Launched (15y ago)
₹ 28,257
AUM in Crores
INF109K01BG4
ISIN
No Lock-in
Lock-in
CRISIL Hybrid 50+50 - Moderate TR INR
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
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.
Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.
Comparison with Hybrid Funds
Aggressive Hybrid
26 Years
Age
Track Record
Aggressive Hybrid
22 Years
Age
Track Record
Conservative Hybrid
17 Years
Age
Track Record
Conservative Hybrid
18 Years
Age
Track Record
Multi Asset Allocation
16 Years
Age
Track Record
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.
Large Cap
Recommended
Top Ranked
₹ 25,513 Cr
Fund Size
11%
3Y returns
Low Duration
Recommended
Top Ranked
₹ 26,705 Cr
Fund Size
8%
3Y returns
Large Cap
Top Ranked
₹ 25,513 Cr
Fund Size
0.2%
3Y returns
Low Duration
Top Ranked
₹ 26,705 Cr
Fund Size
6.7%
3Y returns
Low Duration
Top Ranked
₹ 26,705 Cr
Fund Size
5.8%
3Y returns
Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.
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ICICI Prudential Balanced Advantage Fund (DR-A) is a dynamic asset allocation or balanced advantage hybrid fund and has delivered an annualised return of 10.5% over a period of 15 years .The fund was previously known as ICICI Pru Balanced Advantage DR.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 (DR-A) fund was launched on Dec 30, 2006. The NAV (Net Asset Value) of this dynamic asset allocation or balanced advantage hybrid as of 2021-03-02 is ₹ 16.72. The total AUM (Asset Under Management) of the fund as of 2021-03-02 is ₹ 28256.677. The category risk of the ICICI Prudential Balanced Advantage Fund (DR-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 (DR-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 (DR-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.