Click here 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.
No single fund can achieve what a plan can. Learn why
Scheme Information
Investment Objective
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.
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 436,490 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 110 equity,526 debt and 64 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.
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
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund 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.
Fund 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 Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
About ICICI Prudential Balanced Advantage Fund (G)
About ICICI Prudential Balanced Advantage Fund (G)
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 15 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, Sri Sharma
ICICI Prudential Balanced Advantage Fund (G) Investment Objective
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. However, there is no assurance that the objective of the scheme will be realized.
ICICI Prudential Balanced Advantage Fund (G) NAV,AUM,Risk
The ICICI Prudential Balanced Advantage Fund (G) fund was launched on Dec 30, 2006. The NAV (Net Asset Value) of this dynamic asset allocation or balanced advantage hybrid as of 2021-07-30 is ₹ 46.7. The total AUM (Asset Under Management) of the fund as of 2021-08-02 is ₹ 32942.157. The category risk of the ICICI Prudential Balanced Advantage Fund (G) fund is High Risk.
The fund charges 1.71 % as expense ratio.
ICICI Prudential Balanced Advantage Fund (G) Holdings
The fund’s highest allocation is towards others and has invested 42.1% in this asset class. The top three holdings of the fund are 6.64% govt stock 2035,91 dtb 05082021 and 91 dtb 29072021
ICICI Prudential Balanced Advantage Fund (G) 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 (G) 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
ICICI Prudential Balanced Advantage Fund (G) Review
ICICI Prudential Balanced Advantage Fund (G) 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 (G) 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.
