Formerly ICICI Pru Balanced Adv Qt DP
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.
7 Years. The Fund has Sufficient history for analysis and the track record is good.
30,281 Cr. Small within the category
Neutral. The category has a neutral investment outlook
Consistency Of Performance
Poor. The historical performance of the fund has been poor
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 to Moderate
Moderately High risk
Sep 23, 2014
Launched (7y ago)
AUM in Crores
CRISIL Hybrid 50+50 - Moderate TR INR
Returns Calculator Comparison
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.
Comparison with Hybrid Funds
About the AMC
ICICI Prudential Asset Management Company Limited
ICICI Prudential Asset Management Company Limited manages assets worth 400,112 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.
₹ 23,971 Cr
₹ 26,467 Cr
₹ 26,467 Cr
₹ 23,971 Cr
₹ 23,971 Cr
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ICICI Prudential Balanced Advantage Fund of Inc Dist cum Cap Wdrl (D-Q) is a dynamic asset allocation or balanced advantage hybrid fund and has delivered an annualised return of 10.1% over a period of 7 years .The fund was previously known as ICICI Pru Balanced Adv Qt DP.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, Sri Sharma
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 of Inc Dist cum Cap Wdrl (D-Q) fund was launched on Sep 23, 2014. The NAV (Net Asset Value) of this dynamic asset allocation or balanced advantage hybrid as of 2021-05-06 is ₹ 15.65. The total AUM (Asset Under Management) of the fund as of 2021-05-07 is ₹ 30280.655. The category risk of the ICICI Prudential Balanced Advantage Fund of Inc Dist cum Cap Wdrl (D-Q) fund is Moderately High risk. The fund charges 1.74 % as expense ratio.
The fund’s highest allocation is towards others and has invested 43.9% in this asset class. The top three holdings of the fund are 364 dtb 03062021,axis bank limited and 364 dtb 27052021
The minimum SIP (Systematic Investment Plan) amount for this 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.
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 of Inc Dist cum Cap Wdrl (D-Q) 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 of Inc Dist cum Cap Wdrl (D-Q) has a score of 2 out of 5. Scipbox has rated this fund 2 out of 5 based on consistency of performance over various years / tenures.