ICICI Prudential Balanced Advantage Fund

Fund in Brief

To provide capital appreciation, the fund has a combined annual portfolio turnover of 4.68 times. Managed by professional experts, the fund provides an average dividend yield of 0.96%. The scheme can be availed by daily, weekly, monthly, or fortnightly SIP or SWP of any amount.  

ICICI Prudential Balanced Advantage Fund Facts 

Investment Objective

The scheme invests in equities and derivatives to hedge the downside risk. 

Derivatives Approach: It uses the derivative approach for hedging or portfolio rebalancing and index strategies as allowed under the SEBI Regulations.   

Asset Allocation: Based on long-term historical means Price to Book value, it aims to increase exposure when valuations are attractive.   

Flexi-Cap: For investing across the large-cap stocks, i.e., business entities with long-term growth potentials. 

A portion of the scheme is also invested in fixed income securities issued by the government, private companies, and public sector undertakings aiming to generate accrual income and capital appreciation. 

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Fund Summary 

The fund has the following options: 

1. Direct Plan Growth - ICICI Prudential Balanced Advantage Fund 

   CAGR	13.74%
   NAV (as on 15 Nov 2021)	Rs 54.23
   AUM	Rs 36815.96 Cr
   Age	8 years and 10 months

2. Monthly IDCW Payout - ICICI Prudential Balanced Advantage Fund  

   CAGR	NA
   NAV (as on 15 Nov 2021)	NA
   AUM	Rs 36815.96 Cr
   Age	NA

3. Growth - ICICI Prudential Balanced Advantage Fund 

   CAGR	11.38%
   NAV (as on 15 Nov 2021)	Rs 49.74
   AUM	Rs 36815.96 Cr
   Age	14 years and 10 months

4. Quarterly IDCW - ICICI Prudential Balanced Advantage Fund 

   CAGR	10.91%
   NAV (as on 15 Nov 2021)	Rs 16.73
   AUM	Rs 36815.96 Cr
   Age	7 years and 1 months

5. Monthly IDCW - ICICI Prudential Balanced Advantage Fund 

   CAGR	13.23%
   NAV (as on 15 Nov 2021)	Rs.17.57
   AUM	Rs.36815.96 Cr
   Age	8 years and 7 months

6. Direct Plan Monthly IDCW - ICICI Prudential Balanced Advantage Fund 

   CAGR	14.10%
   NAV (as on 15 Nov 2021)	Rs 20.02
   AUM	Rs 36815.96 Cr
   Age	8 years and 7 months

7. Direct Plan Quarterly IDCW - ICICI Prudential Balanced Advantage Fund 

   CAGR	11.10%
   NAV (as on 15 Nov 2021)	Rs 18.26
   AUM	Rs 36815.96 Cr
   Age	7 years and 1 months

8. IDCW - ICICI Prudential Balanced Advantage Fund 

   CAGR	10.18%
   NAV (as on 15 Nov 2021)	Rs 17.03
   AUM	Rs 36815.96 Cr
   Age	14 years and 10 months

9. Direct Plan IDCW - ICICI Prudential Balanced Advantage Fund 

   CAGR	13.65%
   NAV (as on 15 Nov 2021)	Rs 23.75
   AUM	Rs 36815.96 Cr
   Age	8 years and 10 months

10. Direct Plan Monthly IDCW - ICICI Prudential Balanced Advantage Fund 

    CAGR	NA
    NAV (as on 15 Nov 2021)	NA
    AUM	Rs 36815.96 Cr
    Age	NA

Fund Return Summary

The returns of the ICICI Prudential Balanced Advantage Fund-Growth option are reproduced as under:

*Returns are subject to change. The investment risk in the investment portfolio is borne by the policyholder.

Pros and Cons 

Benefits of ICICI Prudential Balanced Advantage Fund

The fund offers the following benefits: 

• Consistency in Performance: When you look into the fund's performance for the past few years, it can be easily inferred that the fund is capable of providing significant returns over time. 

• Appropriate Asset Allocation: The fund allocates assets based on market developments and expected returns.

• Suitable for long-term needs: Over three years, the fund can provide an exponential rate of returns. 

Who Should Invest in the Fund?

The following category of investors should invest in the fund: 

• Looking to invest in Equity Markets

• Have a conservative approach

• Seek the benefit of market volatility

• Maintain fair equity allocations based on market valuation

In Conclusion

If you wish to invest for more than 5 years, you can expect a fair rate of return on your investment. With the up and downs of the volatile market, returns are expected and probable but not 100% sure. 

As an investor, understand your needs and aspirations. Opt for the plan that suits your requirements and is the most feasible.

FAQ's