ICICI Prudential Balanced Advantage Fund Direct Plan Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Manish Banthia, Priyanka Khandelwal, Rajat Chandak, Ritesh Lunawat, Sankaran Naren, Ihab Dalwai, Sri Sharma. This fund gives you the benefit of diversification.
1) ICICI Prudential Balanced Advantage Fund Direct Plan Growth has a NAV of ₹53.57 as on 30-06-2022.
2) ICICI Prudential Balanced Advantage Fund Direct Plan Growth has ₹40146 Cr worth of assets under management (AUM) as on 31-05-2022 and is more than category average.
3) The fund has an expense ratio 0.95 %.
Expense ratio | 0.95% | |
Benchmark | CRISIL Hybrid 50+50 - Moderate TR INR | |
AUM | ₹40146 Cr | |
Inception Date | 1 January, 2013 | |
Min Lumpsum/SIP | ₹500/₹100 | |
Exit Load | 1% | |
Lock In | No Lock-in | |
TurnOver | 24.49% |
Financial Services | 32.1% |
Consumer Cyclical | 12.8% |
Tech | 12.2% |
Energy | 12% |
Consumer Defensive | 8.4% |
Communication | 5.5% |
Basic Materials | 5.2% |
Health | 4.6% |
Industrial | 3.8% |
Utilities | 3.2% |
Real Estate | 0.2% |
Manish Banthia is B. Com, CA, MBA
13 Years experience
b5 years total experience, ICICI Prudential AMC Ltd - October 2005 till date. Past Experience: Aditya Birla Nuvo Ltd. - From May'05 to Oct'05, Aditya Birla Management Corporation Ltd. - From May'2004 to May'2005
Priyanka Khandelwal is B.Com ; Chartered Accountant; Company Secretary; CFA
5 Years experience
Rajat Chandak is B. Com, PGDM (Finance)
10 Years experience
ICICI Prudential AMC Limited - May 2008 till date.
Ritesh Lunawat is B.Com; CA
8 Years experience
Sankaran Naren is B.Tech (IITMadras) PGDM (IIM-Kolkata)
28 Years experience
Over 22 years of experience in Fund management, Equity Research,Operations etc
Ihab Dalwai is CA; CFA
8 Years experience
Sri Sharma
0 Years experience
Edelweiss Balanced Advantage Fund Direct Plan Growth
13.8% (3 Yrs)
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Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option
10.29% (3 Yrs)
HDFC Balanced Advantage Fund Direct Plan Growth Option
11.17% (3 Yrs)
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Frequently Asked Questions