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for top ranked funds in
dynamic asset allocation or balanced advantage mutual funds.
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.
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
Moderately Low
Moderate
Moderately High
High
Moderately High risk
1.72%
Expense Ratio
30th Dec, 2006
Launched (13y ago)
₹
26,138
AUM in Crores
INF109K01BG4
ISIN
No Lock-in
Lock-in
CRISIL Hybrid 50+50 - Moderate TR INR
Benchmark
₹
1000
SIP Minimum
₹
5000
Lumpsum Min.
Fund Managers
Dharmesh Kakkad
Fund Manager
Ihab Dalwai
Fund Manager
Manish Banthia
Fund Manager
Priyanka Khandelwal
Fund Manager
Rajat Chandak
Fund Manager
Sankaran Naren
Fund Manager
Returns Calculator Comparison
of
for
Instrument
Returns
Total Corpus
Gains
Annualised %
Mutual Fund
11.25%
EPF
Property
PPF
Bank FD
Gold
Savings Bank
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.
ICICI Prudential Asset Management Company Limited manages assets worth ₹ 359,318 crores. It's current offering of mutual fund schemes includes 104 equity, 526 debt and 66 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment
asset class such as large cap, diversified, liquid etc. When you invest
for an objective, the algorithm suggests the appropriate asset class and
funds.
Top Ranked
These funds are the top performers within a category of mutual funds considering a combination of criteria. The best amongst these funds are also labelled as Scripbox Recommended.
Not Recommended
Scripbox algorithm classifies funds as "not recommended" when they perform poorly on a combination of criteria. These funds are usually the poorest performers within a category.
Track Record
We look at consistent and long historical performance for our analysis
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are
preferred
Category View
We check if the sub-category of the fund is recommended by us
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack
Track Record
We look at consistent and long historical performance for our analysis
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better
Equity Funds
Debt Funds
How to invest in best mutual funds?
Investing through Scripbox is made easy and paperless. All you need to
do is follow the below steps and start investing.
Choose a plan
Choose a plan to invest to start investing
Create your account
Set-up your investment account
Invest online & transfer
Make instant payment or setup your investment for a later date
Track your investments
Mutual fund companies allot you units and send confirmation via email & SMS. The same gets updated in your Scripbox Account
The Scripbox Promise
Scripbox has helped over 2500 people become millionaires in the last 7
years
You'll never have to worry about what funds to choose. We'll suggest
what's best for you.
Continuous monitoring alerts
We will track our recommendations and suggest changes fund exists
whenever required.
All week call assistance
Our customer champions are available 7 days a week from 8AM to 8PM.
Annual reviews rebalances
We review your investments and make course corrections every year to
make the best out of your investments
About ICICI Prudential Balanced Advantage Fund (Dividend Reinvestment - Annually)
About ICICI Prudential Balanced Advantage Fund (Dividend Reinvestment - Annually)
ICICI Prudential Balanced Advantage Fund (Dividend Reinvestment - Annually) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid fund and has delivered an annualised return of 9.18% over a period of 13 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, 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.
ICICI Prudential Balanced Advantage Fund (Dividend Reinvestment - Annually) NAV, AUM and Risk
The fund was launched on 2006-12-30. The NAV of the fund as of 2020-10-22 is ₹ 14.49. The total AUM of the fund as of 2020-10-22 is ₹ 26,138 Cr. The category risk of the fund is Moderately High risk
The fund charges 1.72 % as expense ratio.
ICICI Prudential Balanced Advantage Fund (Dividend Reinvestment - Annually) Holdings
The fund’s highest allocation is towards equity and has invested 61.51% in this asset class.
The top three holdings of the fund are net current assets, reliance industries ltd and hdfc bank ltd.
ICICI Prudential Balanced Advantage Fund (Dividend Reinvestment - Annually) SIP
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.
ICICI Prudential Balanced Advantage Fund (Dividend Reinvestment - Annually) Investment volatility and Horizon
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.
