ICICI Prudential Balanced Advantage Fund Direct Plan Quarterly Rnvstmnt of Inc Dist cum Cap Wdrl
Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 18.1 as on 09-09-2022
Fund Performance
About the Fund
ICICI Prudential Balanced Advantage Fund Direct Plan Quarterly Rnvstmnt of Inc Dist cum Cap Wdrl is a hybrid fund. This fund was started on 24 September, 2014. The fund is managed by Ritesh Lunawat, Manish Banthia, Rajat Chandak, Sankaran Naren, Ihab Dalwai. This fund gives you the benefit of diversification.
Key Parameters
- ICICI Prudential Balanced Advantage Fund Direct Plan Quarterly Rnvstmnt of Inc Dist cum Cap Wdrl has ₹49102 Cr worth of assets under management (AUM) as on Aug 2023 and is more than category average.
- The fund has an expense ratio 0.9.
ICICI Prudential Balanced Advantage Fund Direct Plan Quarterly Rnvstmnt of Inc Dist cum Cap Wdrl Overview
 | 0.9% |
 Benchmark | CRISIL Hybrid 50+50 - Moderate TR INR |
 | ₹49102 Cr |
 | 24 September, 2014 |
 | ₹5000/₹0 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 64.02% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
61.5%
Mid cap
3.4%
Small cap
1.3%
Sector Allocation
Financial Services
28.4%
Consumer Cyclical
17.3%
Consumer Defensive
11.3%
Tech
11.1%
Energy
6.8%
Industrial
6.1%
Basic Materials
5.5%
Communication
4.8%
Health
4.4%
Utilities
3.4%
Real Estate
0.9%
Top Holdings of ICICI Prudential Balanced Advantage Fund Direct Plan Quarterly Rnvstmnt of Inc Dist cum Cap Wdrl as on (31-Aug-23)
Equity Holdings73
Debt Holdings56
ICICI Prudential Balanced Advantage Fund Direct Plan Quarterly Rnvstmnt of Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 49.1K Cr as of Aug'23
- AUM increased by 381.3 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
ICICI Prudential Balanced Advantage Fund Direct Plan Quarterly Rnvstmnt of Inc Dist cum Cap Wdrl Fund Manager
Ritesh Lunawat
Fund Manager of ICICI Prudential Balanced Advantage Fund Direct Plan Quarterly Rnvstmnt of Inc Dist cum Cap Wdrl, since 29 December 2020
Top funds managed
Manish Banthia
Fund Manager of ICICI Prudential Balanced Advantage Fund Direct Plan Quarterly Rnvstmnt of Inc Dist cum Cap Wdrl, since 18 November 2009
Top funds managed
Rajat Chandak
Fund Manager of ICICI Prudential Balanced Advantage Fund Direct Plan Quarterly Rnvstmnt of Inc Dist cum Cap Wdrl, since 7 September 2015
Top funds managed
Sankaran Naren
Fund Manager of ICICI Prudential Balanced Advantage Fund Direct Plan Quarterly Rnvstmnt of Inc Dist cum Cap Wdrl, since 14 July 2017
Top funds managed
Ihab Dalwai
Fund Manager of ICICI Prudential Balanced Advantage Fund Direct Plan Quarterly Rnvstmnt of Inc Dist cum Cap Wdrl, since 29 January 2018
Top funds managed
Fund Highlights
High Risk
Investors understand that their principal will be at High Risk
About the fund
This fund has delivered an average annual returns of 11.42% since inception which is more than its category average return of 10.4%
Fund Allocations
This fund has an allocation of 45.71% in Equity, 20.35% in Debt and 33.94% in Cash related instruments
AUM size ₹49102 Cr
This fund has AUM of ₹49102 Cr which is more than its category average of ₹ 7879 Cr
Expense Ratio 0.9%
This fund has an expense ratio of 0.9% which is less than its category average expense ratio of 1.39%
Frequently Asked Questions
The current NAV of ICICI Prudential Balanced Advantage Fund Direct Plan Quarterly Rnvstmnt of Inc Dist cum Cap Wdrl is ₹18.08 as on 09-Sep-2022.
Existing (Absolute + CAGR) as on 09-Sep-2022.
ICICI Prudential Balanced Advantage Fund Direct Plan Quarterly Rnvstmnt of Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 1.8% | 1.8% |
6 Month Returns | 8.12% | 8.12% |
1 Year Returns | 8.72% | 8.72% |
3 Years Returns | 49.4% | 14.32% |
5 Years Returns | 68.13% | 10.95% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.9% as on August 2023
₹49102 Cr as on August 2023
HDFC Bank Ltd(5.49%), 8.51% Govt Stock 2033(5.18%), ICICI Bank Ltd(5%), 7.93% Govt Stock 2034(3.67%), Infosys Ltd(3.56%) as on August 2023
Cash Equivalent(32.52%), Government(14.38%), Financial Services(12.97%) as on August 2023
AAA | 84.39 |
AA | 12.16 |
A | 3.45 |
Ritesh Lunawat, Manish Banthia, Rajat Chandak, Sankaran Naren, Ihab Dalwai are the fund managers of ICICI Prudential Balanced Advantage Fund Direct Plan Quarterly Rnvstmnt of Inc Dist cum Cap Wdrl
The Exit load of ICICI Prudential Balanced Advantage Fund Direct Plan Quarterly Rnvstmnt of Inc Dist cum Cap Wdrl is 1%