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  • ICICI Mutual Fund
  • ICICI Prudential Balanced Advantage Fund (RIDCW-M)

Formerly ICICI Pru Balanced Adv Mn DR

ICICI Mutual Fund

ICICI Prudential Balanced Advantage Fund (RIDCW-M)

HybridDynamic Asset Allocation Or Balanced Advantage
Top Ranked

20.33

NAV (Mar 27)

12.6%
5 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within 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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Category Leader

The fund has been a Category Leader on the Fund Size metric

Outperformance Consistency

Category Leader

The fund has been a Category Leader on the Outperformance Consistency metric

Invest in this fund
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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

20.33

NAV (Mar 27)

Fund Returns

Last 1Y
23.3%
Last 3Y
13.3%
Last 5Y
12.6%
Last 10Y
12.2%
Since Inception
12.8%
6 Month CAGR
10.9%

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.

Expense Ratio
1.48
Launched (11y ago)
Mar 28, 2013
AUM in Crores
55229.332
ISIN
INF109K017W5
Lock-in
No Lock-in
Benchmark
CRISIL Hybrid 50+50 - Moderate TR INR
SIP Minimum
0
Lumpsum Min.
5000
Standard Deviation (3yr)
4.6
Standard Deviation (5yr)
11.2
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
1.555
Sharpe Ratio (5yr)
0.71
YTM
7.64
Fund Managers

Ihab Dalwai

Fund Manager

Manish Banthia

Fund Manager

Rajat Chandak

Fund Manager

Ritesh Lunawat

Fund Manager

Sankaran Naren

Fund Manager

Sharmila D'mello

Fund Manager

Sri Sharma

Fund Manager

Akhil Kakkar

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
ICICI Prudential Balanced Advantage Fund (RIDCW-M)70%9,99,927 2,67,31512.6%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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

Last updated on 2024-03-27

Top Stock Holdings

cash offset for derivatives

22.4%
22.4%

nifty 50 index

5.5%
5.5%

8.25% govt stock 2033

4.8%
4.8%

icici bank ltd

4.7%
4.7%

tvs motor co ltd

4.6%
4.6%
See all holdings

Allocation by Sector

financial services

17.4%
17.4%

consumer cyclical

13.1%
13.1%

consumer defensive

7.1%
7.1%

technology

6.9%
6.9%

industrials

4.9%
4.9%
See all sectors

Comparison with Hybrid Funds

Fund NameFund SizeRolling Returns
ICICI Prudential Equity & Debt Fund (G)
ICICI Prudential Equity & Debt Fund (G)

₹ 32,429 cr

₹ 10,622 cr

₹ 8,729 cr

₹ 3,090 cr

₹ 741 cr

amc-img

About the AMC

ICICI Prudential Asset Management Company Limited

ICICI Prudential Asset Management Company Limited manages assets worth 701,400 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 163 equity,554 debt and 65 hybrid funds.amc-img
phone-img022-26525000
Fund NameScripbox Opinion
Till Date CAGR
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

5.3%

7.1%

13.1%

16.4%

5%

5.9%

6.4%

6.9%

6.4%

7.5%

ICICI Prudential Balanced Advantage Fund (RIDCW-M) Review

ICICI Prudential Balanced Advantage Fund (RIDCW-M) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid fund and has delivered an annualised return of 12.8% over a period of 11 years. The fund was previously known as ICICI Pru Balanced Adv Mn DR. The fund is managed by ICICI Prudential Asset Management Company Limited. The fund managers are Akhil Kakkar, Ihab Dalwai, Manish Banthia, Rajat Chandak, Ritesh Lunawat, Sankaran Naren, Sharmila D'mello, Sri Sharma.

Nav of ICICI Prudential Balanced Advantage Fund (RIDCW-M) as of 3/27/2024 is ₹20.33 with the total AUM as of 3/28/2024 is ₹55229.332. With Scripbox you can compare and check the latest nav for all mutual funds in India. ICICI Prudential Balanced Advantage Fund (RIDCW-M) was launched on Mar 28, 2013. The category risk of the fund is High Risk.

The minimum SIP amount for ICICI Prudential Balanced Advantage Fund (RIDCW-M) is ₹0 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 (RIDCW-M)?

ICICI Prudential Balanced Advantage Fund (RIDCW-M) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid scheme predominantly investing across Hybrid instruments with an investment objective to generate wealth over the long term.

How to invest in ICICI Prudential Balanced Advantage Fund (RIDCW-M)?

You can invest in ICICI Prudential Balanced Advantage Fund (RIDCW-M) 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 (RIDCW-M)?

The minimum sip amount for ICICI Prudential Balanced Advantage Fund (RIDCW-M) is ₹0. You can invest in multiples of ₹5000.

Is ICICI Prudential Balanced Advantage Fund (RIDCW-M) good to invest in?

As per Scripbox experts, ICICI Prudential Balanced Advantage Fund (RIDCW-M) is a Top Ranked fund. You can investICICI Prudential Balanced Advantage Fund (RIDCW-M) 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 (RIDCW-M)?

The expense ratio of the ICICI Prudential Balanced Advantage Fund (RIDCW-M) is 1.48% for regular plan.