ICICI Prudential Balanced Advantage Fund - Growth

Fund House: ICICI Prudential Mutual Fund
Category: Hybrid: Dynamic Asset Allocation
Launch Date: 19-12-2006
Asset Class: Mixed Asset
Benchmark: CRISIL Hybrid 50+50 Moderate TRI
Expense Ratio: 1.74% As on (31-12-2020)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 100.0
Total Assets: 28,545.92 Cr As on (31-12-2020)
Turn over: 44% | Exit Load: For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

43.04

10.93%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
NIFTY 50 TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
7 Years 3 Months
13 Years 10 Months
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme seeks to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments.

Current Asset Allocation (%)

Indicators

Volatility 8.29
Sharp Ratio 0.55
Alpha 1.11
Beta 0.83
Yield to Maturity 5.65
Average Maturity 2.02

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
ICICI Prudential Balanced Advantage Fund - Growth 19-12-2006 12.58 12.13 8.52 11.44 12.15
Baroda Dynamic Equity Fund-Regular Plan -Growth Option 05-11-2018 26.78 18.31 - - -
Edelweiss Balanced Advantage Fund - Regular Plan - Growth Option 20-08-2009 23.91 16.68 10.3 11.65 10.54
Union Balanced Advantage Fund - Regular Plan - Growth Option 21-12-2017 23.49 16.2 11.44 - -
Tata Balanced Advantage Fund-Regular Plan-Growth 05-01-2019 16.5 - - - -
Shriram Balanced Advantage Fund - Regular Growth 05-07-2019 15.56 - - - -
Aditya Birla Sun Life Balanced Advantage Fund - Regular Plan - Growth Option 25-04-2000 15.26 12.5 8.06 12.38 9.83
Kotak Balanced Advantage Fund -Regular Plan - Growth Option 05-07-2018 14.57 13.71 - - -
UTI - Unit Linked Insurance Plan 01-10-1971 14.52 7.62 5.3 8.63 8.75
DSP Dynamic Asset Allocation Fund - Regular Plan - Growth 05-02-2014 12.87 11.41 8.6 9.88 -

Scheme Characteristics

Investment in equity/ debt that is managed dynamically.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

1.89%

Others

34.76%

Large Cap

56.01%

Mid Cap

7.31%

Scheme Documents

There are no scheme documents available

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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