May 31, 2025
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ICICI Prudential Balanced Advantage Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 81.1400
Monthly NAV IDCW: Rs 26.2100
NAV IDCW: Rs 29.0800
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.
These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments.
Fund Manager:
1) Ihab Dalwai
Education: Mr. Dalwai is a Chartered Accountant.
Experience: He is associated with ICICI Prudential AMC since April 2011.
2) Rajat Chandak
Education: Mr. Chandak is a B.Com (H) and MBA.
Experience: He has been associated with ICICI Prudential AMC since 2008.
3) Sankaran Naren
Education: Mr. Naren is a B.Tech from IIT Chennai and MBA (Finance)from IIM Kolkata.
Experience: Prior to joining ICICI Prudential AMC he has worked with Refco Sify Securities India Pvt. Ltd., HDFC Securities Ltd. and Yoha Securities.
4) Akhil Kakkar
Education: Mr. Kakkar is B.Tech (IIT Roorkee) and PGDM (Finance)
Experience: Prior to Joining ICICI Prudential Mutual Fund he has worked with Kotak Mahindra Bank in Debt Capital Markets, SBI Capital Markets in Project Advisory & Structured Finance and Goldman Sachs Services Pvt Ltd as Analyst Developer.
5) Manish Banthia
Education: Mr. Banthia is B.Com, CA and MBA
Experience: He is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC – Fixed Income Investments – Aug 2007 to Oct 2009, ICICI Prudential AMC – New Product Development – Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. – From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. – From May 2004 to May 2005.
6) Sri Sharma
Education: Ms. Sharma has done B.Com, CA and CFA ( Level 2 cleared)
Experience: Prior to joining ICICI Prudential Mutual Fund, she has worked with PwC
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 30% of the investment, 1% will be charged for redemption within 1 year |
Basic Details of ICICI Prudential Balanced Advantage Fund
| Fund House | ICICI Prudential Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 13.21% |
| Benchmark | CRISIL Hybrid 50+50 Moderate Index |
| Riskometer | High |
| Type | Open-ended |
| Assets | Rs 62,528 Cr |
| (As on 30-Apr-2025) | |
| Expense | 0.84% |
| (As on 30-Apr-2025) | |
| Risk Grade | Low |
| Return Grade | Average |
| Turnover | 34.00% |
Trailing Returns (%) of ICICI Prudential Balanced Advantage Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ICICI Pru Balanced Advantage Dir | 5.49 | -0.10 | 1.82 | 8.66 | 5.16 | 12.24 | 14.46 | 17.52 | 12.37 | 11.93 |
| VR Dynamic Asset TRI | 2.76 | -0.20 | 2.79 | 11.17 | 1.79 | 8.62 | 14.57 | 17.35 | 11.91 | 11.16 |
| Hybrid: Dynamic Asset Allocation | 2.19 | -0.11 | 2.13 | 9.10 | 1.95 | 9.15 | 14.53 | 16.27 | 10.96 | 10.51 |
| Rank within category | 1 | 16 | 23 | 21 | 1 | 9 | 12 | 7 | 2 | 2 |
| Number of funds in category | 37 | 38 | 38 | 37 | 37 | 36 | 27 | 22 | 15 | 10 |
Peer Comparison of ICICI Prudential Balanced Advantage Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| ICICI Pru Balanced Advantage Dir | 4 star | 12.24 | 14.46 | 17.52 | 0.84 | 62,528 | 13.21 | 1.00 (365) | 12Y 4M | 34.00 |
| HDFC Balanced Advantage Dir | 5 star | 8.00 | 22.32 | 26.99 | 0.77 | 97,461 | 15.89 | 1.00 (365) | 12Y 4M | 27.90 |
| SBI Balanced Advantage Dir | 5 star | 9.78 | 15.63 | — | 0.71 | 34,895 | 13.07 | 1.00 (365) | 3Y 9M | 20.00 |
| Tata Balanced Advantage Dir | 4 star | 7.15 | 13.54 | 16.40 | 0.44 | 10,154 | 13.54 | 1.00 (90) | 6Y 4M | 26.09 |
| Nippon India Balanced Advantage Dir | 4 star | 9.99 | 14.95 | 17.46 | 0.55 | 9,049 | 12.52 | 1.00 (365) | 12Y 4M | 272.00 |
Portfolio Analysis of ICICI Prudential Balanced Advantage Fund
| No. of Stocks | 82 |
| Top 10 Holdings | 32.37% |
| Top 5 Stocks | 19.92% |
| Top 3 Sectors | 22.94% |
| Portfolio P/B Ratio | 3.96 |
| Portfolio P/E Ratio | 25.93 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 3,31,322 | 2,60,326 |
| Giant (%) | 71.41 | 63.61 |
| Large (%) | 21.57 | 19.80 |
| Mid (%) | 6.49 | 12.51 |
| Small (%) | 0.53 | 4.30 |
| Tiny (%) | — | 0.07 |
| Fund | Category | |
| Number of Securities | 233 | 121 |
| Macaulay Duration (yrs) | 1.19 | 3.72 |
| Average Maturity (yrs) | 2.35 | 6.17 |
| Yield to Maturity (%) | 6.78 | 6.67 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For ICICI Prudential Balanced Advantage Fund
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