FAQ : ICICI Prudential Balanced Advantage Fund - Growth - Direct Plan

ICICI Prudential Balanced Advantage Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 21.69 13.37 13.89 11.7
Average Rolling Returns(%) 13.83 12.96 11.98 12.94

The Current NAV of ICICI Prudential Balanced Advantage Fund - Growth - Direct Plan is ₹71.05.

You should look for a fund with better more consistent performance track record. Funds returns likely to be fairly different than its benchmark NIFTY 50 , as Funds portfolio is somewhat different.

ICICI Prudential Balanced Advantage Fund - Growth - Direct Plan fund’s expense ratio is 0.84%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of ICICI Prudential Balanced Advantage Fund - Growth - Direct Plan is currently ₹55,229 Crores.

The Top three stocks are ICICI Bank, TVS Motor and HDFC Bank and account for 13% of its portfolio. Top 5 and 10 stocks of fund account for 20% and 31% of fund’s portfolio respectively.

Top three sectors of ICICI Prudential Balanced Advantage Fund - Growth - Direct Plan fund are Others, BFSI and Auto accounting for 55% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Hybrid - Balanced Advantage it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of ICICI Prudential Balanced Advantage Fund - Growth - Direct Plan Fund is Hybrid - Balanced Advantage.

Manish Banthia and Sankaran Naren manage the ICICI Prudential Balanced Advantage Fund - Growth - Direct Plan Fund.

ICICI Prudential Balanced Advantage Fund - Growth - Direct Plan current PE ratio is 38.72 and PB ratio is 7.04

The asset allocation of ICICI Prudential Balanced Advantage Fund - Growth - Direct Plan is Stocks : 65.80%, Debt : 31.01% and Gold : 3.18%

The minimum SIP amount for ICICI Prudential Balanced Advantage Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹500.00

The exit load for ICICI Prudential Balanced Advantage Fund - Growth - Direct Plan is Nil upto 30% of units and 1% for remaining units on or before 1 year, Nil after 1 year

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