- Mutual Funds
- ICICI Mutual Fund
- ICICI Prudential Balanced Advantage Fund (Growth)
Formerly ICICI Pru Balanced Advantage Gr
ICICI Prudential Balanced Advantage Fund (Growth)
₹ 59.37
NAV (Nov 29)
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 59.37
NAV (Nov 29)
Fund Returns
Last 1Y | 11.6% |
Last 3Y | 12.9% |
Last 5Y | 11.8% |
Last 10Y | 12.3% |
Since Inception | 11.1% |
6 Month CAGR | 8.5% |
Scheme Information
To provide capital appreciation/income by investing in equity and equity related instruments including derivatives and debt and money market instruments. However,there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Expense Ratio | 1.52 |
Launched (17y ago) | Dec 30, 2006 |
AUM in Crores | 49870.860 |
ISIN | INF109K01BH2 |
Lock-in | No Lock-in |
Benchmark | CRISIL Hybrid 50+50 - Moderate TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 5.9 |
Standard Deviation (5yr) | 11.1 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 1.468 |
Sharpe Ratio (5yr) | 0.598 |
YTM | 7.81 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| ICICI Prudential Balanced Advantage Fund (Growth) | 9,79,519 | 2,46,907 | 11.8% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 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.
Asset allocation and Holdings
Top Stock Holdings
cash offset for derivatives
20.1%8.25% govt stock 2033
5.2%hdfc bank ltd
4.9%icici bank ltd
4.7%tvs motor co ltd
3.8%Allocation by Sector
financial services
19.1%consumer cyclical
12.5%consumer defensive
7.3%technology
6.8%energy
4.3%Comparison with Hybrid Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 26,182 cr | ||
₹ 9,338 cr | ||
₹ 7,605 cr | ||
₹ 2,920 cr | ||
₹ 656 cr |
About the AMC
ICICI Prudential Asset Management Company Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.8% | 7.1% | ||
11.2% | 15.5% | ||
5% | 5.9% | ||
6.4% | 6.9% | ||
6.4% | 7.5% |
ICICI Prudential Balanced Advantage Fund (G) Review
ICICI Prudential Balanced Advantage Fund (G) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid fund and has delivered an annualised return of 11.1% over a period of 16 years. The fund was previously known as ICICI Pru Balanced Advantage Gr. The fund is managed by ICICI Prudential Asset Management Company Limited. The fund managers are Ihab Dalwai, Manish Banthia, Priyanka Khandelwal, Rajat Chandak, Ritesh Lunawat, Sankaran Naren, Sharmila D'mello, Sri Sharma.
Nav of ICICI Prudential Balanced Advantage Fund (G) as of 11/29/2023 is ₹59.37 with the total AUM as of 11/30/2023 is ₹49870.86. With Scripbox you can compare and check the latest nav for all mutual funds in India. ICICI Prudential Balanced Advantage Fund (G) was launched on Dec 30, 2006. The category risk of the fund is High Risk.
The minimum SIP amount for ICICI Prudential Balanced Advantage Fund (G) 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. Check your estimated returns on mutual funds by using sip calculator.
Frequently Asked Questions
What is ICICI Prudential Balanced Advantage Fund (G)?
How to invest in ICICI Prudential Balanced Advantage Fund (G)?
You can invest in ICICI Prudential Balanced Advantage Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of ICICI Prudential Balanced Advantage Fund (G)?
The minimum sip amount for ICICI Prudential Balanced Advantage Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is ICICI Prudential Balanced Advantage Fund (G) good to invest in?
As per Scripbox experts, ICICI Prudential Balanced Advantage Fund (G) is a Top Ranked fund. You can investICICI Prudential Balanced Advantage Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the ICICI Prudential Balanced Advantage Fund (G)?
The expense ratio of the ICICI Prudential Balanced Advantage Fund (G) is 1.52% for regular plan.