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ICICI Prudential Balanced Advantage Fund - Direct Plan

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Hybrid: Dynamic Asset Allocation

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1 Lakh

Investment Grown to
₹ 1.49 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.64 Lakh

Suitability:

"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. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than five years."

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 1.93 -0.06 0.91 1.96 1.06 7.58 15.49 14.11 12.64 11.74 --
VR Balanced TRI 4.52 -0.01 2.18 4.68 -0.17 13.85 23.13 18.52 16.23 12.33 --
Hybrid: Dynamic Asset Allocation 1.99 0.00 0.92 2.01 0.50 7.92 16.29 13.41 11.05 10.00 --
Rank within category 15 26 16 16 7 12 13 8 2 2 --
Number of funds in category 28 29 29 28 26 25 24 18 12 10 0

As on 14-Jan-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Balanced Advantage Fund - Direct Plan  | Invest Now
4 star
 Jan-13 15.49 14.11 12.64 0.97% 37,879
Kotak Balanced Advantage Fund - Direct Plan  | Invest Online
4 star
 Aug-18 14.20 14.99 -- 0.45% 12,750
Edelweiss Balanced Advantage Fund - Direct Plan  | Invest Online
5 star
 Jan-13 19.37 19.42 15.98 0.45% 7,048
Nippon India Balanced Advantage Fund - Direct Plan  | Invest Online
4 star
 Jan-13 17.11 13.95 13.11 0.76% 5,541
DSP Dynamic Asset Allocation Fund - Direct Plan  | Invest Online
4 star
 Feb-14 10.66 12.62 10.68 0.59% 4,742

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 7.58 01-Apr-2020 - 09-Apr-2020 -13.51 11-Mar-2020 - 18-Mar-2020
Month 14.83 23-Mar-2020 - 22-Apr-2020 -26.73 20-Feb-2020 - 23-Mar-2020
Quarter 26.16 23-Mar-2020 - 22-Jun-2020 -26.03 23-Dec-2019 - 23-Mar-2020
Year 58.75 23-Mar-2020 - 23-Mar-2021 -19.43 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 13.47 13.96 0.70 0.71 0.75 -0.19
VR Balanced TRI 16.94 17.88 0.74 0.86 -- --
Hybrid: Dynamic Asset Allocation 12.67 12.26 0.74 0.81 0.63 0.67
Rank within category 9 16 12 14 17 14
Number of funds in category 19 19 19 19 19 19

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 68
Top 10 Holdings (%) 33.32
Top 5 Holdings (%) 22.42
Top 3 Sectors (%) 21.10
Portfolio P/B Ratio 2.99
Portfolio P/E Ratio 22.43
Avg Credit Rating AAA

Value Research Equity Fund Style

Value Research Debt Fund Style*

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 6.10% GOI 2031 GOI Securities SOV 0.00 - 2.75 2.75
up GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.00 - 1.85 1.72
up 6.67% GOI 15/12/2035 GOI Securities SOV 0.00 - 1.65 1.65
equal Reserve Bank of India 91-D 13/01/2022 Treasury Bills SOV 0.00 - 1.35 1.32
new Reserve Bank of India 364-D 24/03/2022 Treasury Bills SOV 0.00 - 1.31 1.31
equal 9.20% ICICI Bank Additional Tier 1 Bond AA+ 1.23 - 1.69 1.23
down 8.75% Axis Bank Additional Tier 1 Bond AA+ 1.18 - 2.50 1.18
new Reserve Bank of India 182-D 03/02/2022 Treasury Bills SOV 0.00 - 1.08 1.08
equal Reserve Bank of India 91-D 20/01/2022 Treasury Bills SOV 0.00 - 0.97 0.95
new Reserve Bank of India 91-D 03/03/2022 Treasury Bills SOV 0.00 - 0.94 0.94
equal Reserve Bank of India 182-D Treasury Bills SOV 0.00 - 0.81 0.79
new 4.45% GOI 30/10/2034 GOI Securities SOV 0.00 - 0.78 0.78
equal 9.15% ICICI Bank Additional Tier 1 Bond AA+ 0.73 - 0.99 0.73
equal 9.50% Nirma Perpetual Bond AA- 0.72 - 0.95 0.72
down 6.64% GOI 16/06/2035 GOI Securities SOV 0.00 - 3.45 0.70
equal Reserve Bank of India 364-D 20/01/2022 Treasury Bills SOV 0.00 - 0.67 0.66
equal 8.20% GOI 15/02/2022 Central Government Loan SOV 0.00 - 0.63 0.61
new Reserve Bank of India 91-D 17/03/2022 Treasury Bills SOV 0.00 - 0.58 0.58
new 6.58% L&T Metro Rail (Hyderabad) 30/04/2026 Non Convertible Debenture AAA 0.00 - 0.54 0.54
new GOI 2028 GOI Securities SOV 0.00 - 0.52 0.52
equal 6.25% Embassy Office Parks REIT 18/10/2024 Debenture AAA 0.00 - 0.46 0.45
equal Sattva Holding And Trading 2023 Zero Coupon Bonds AA+ 0.42 - 0.53 0.42
equal 9.50% Indusind Bank Additional Tier 1 Bond AA 0.42 - 0.56 0.42
equal 9.15% NUVOCO Vistas Corp. 30/08/2022 Non Convertible Debenture AA 0.40 - 0.53 0.40
equal TMF Holdings 2022 Debenture AA- 0.34 - 0.42 0.34

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal ICICI Bank Financial 26.79 6.36 1.99 5.39
up Reliance Industries Energy 32.85 7.26 1.79 5.37
down Infosys Technology 37.72 5.15 2.27 5.08
up HDFC Bank Financial 25.03 5.20 3.67 3.83
up Bharti Airtel Communication 139.95 3.25 0.94 2.63
up HDFC Financial 23.60 4.42 1.65 2.32
up State Bank of India Financial 15.83 2.28 1.09 2.16
up Motherson Sumi Systems Automobile 29.03 2.80 1.36 1.89
up Axis Bank Financial 22.13 3.22 0.93 1.89
equal TVS Motor Company Automobile 37.82 2.19 1.08 1.81
up Kotak Mahindra Bank Financial 38.49 3.15 1.56 1.77
equal NTPC Energy 9.80 2.68 1.32 1.63
equal Maruti Suzuki India Automobile 58.15 1.65 0.90 1.48
up Mahindra & Mahindra Automobile 26.54 1.46 0.09 1.46
up Hindustan Unilever FMCG 66.13 2.29 0.64 1.45
equal Avenue Supermarts Services 189.29 1.56 0.37 1.41
down HCL Technologies Technology 32.97 1.75 0.96 1.41
down SBI Life Insurance Company Insurance 102.33 1.54 0.00 1.35
down Sun Pharmaceutical Industries Healthcare 32.95 1.48 0.72 1.34
up Larsen & Toubro Construction 32.82 2.52 0.52 1.30
down Tech Mahindra Technology 33.21 1.77 0.49 1.18
equal Oil & Natural Gas Corporation Energy 5.61 1.25 0.42 1.16
up Ultratech Cement Construction 34.66 1.15 0.23 1.15
up Hindalco Inds. Metals 11.37 1.13 0.45 1.13
up Tata Steel Metals 4.76 1.40 0.32 1.12

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2021

*As on 30-Nov-2021

Fund Manager

— Ihab Dalwai since 29-Jan-2018

Education: Mr. Dalwai is a Chartered Accountant.

Experience: He is associated with ICICI Prudential AMC since April 2011.

Funds Managed:

— Rajat Chandak since 07-Sep-2015

Education: Mr. Chandak is a B.Com (H) and MBA.

Experience: He has been associated with ICICI Prudential AMC since 2008.

Funds Managed:

— Sankaran Naren since 14-Jul-2017

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.

Interviews:

Funds Managed:

— Manish Banthia since 01-Jan-2013

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.

Funds Managed:

— Ritesh Lunawat since 28-Dec-2020

Education: Mr. Lunawat is B.Com and Chartered Accountant.

Experience: He has been Working with ICICI Prudential AMC Since September 2013.

Funds Managed:

Invest Now
-0.06%

Change from previous, NAV as on 14-Jan-2022

Growth: ₹ 54.4900

IDCW Quarterly: ₹ 18.3500

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IDCW Monthly: ₹ 19.9800

IDCW: ₹ 23.8700

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.

Investment Details

Min. Investment (₹) 500
Min. Addl Investment (₹) 100
Min. SIP Investment (₹) 100
Min. No of Cheques 6
Min. Withdrawal (₹) 1
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 13.46%
Benchmark: CRISIL Hybrid 50+50 Moderate Index
Riskometer: High
Type: Open-ended
Assets: ₹ 37,879 Cr (As on 31-Dec-2021)
Expense: 0.97% (As on 31-Dec-2021)
Risk Grade: Average
Return Grade: Above Average
Turnover: 25.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly03-Jan-20220.0700

 01-Dec-20210.0700
 01-Nov-20210.0700
 05-Oct-20210.0700
 01-Sep-20210.0700
 03-Aug-20210.0700
 01-Jul-20210.0700
 01-Jun-20210.0700
 03-May-20210.0700
 06-Apr-20210.0700
 02-Mar-20210.0700
 02-Feb-20210.0700
 06-Jan-20210.0700
 02-Dec-20200.0700
 02-Nov-20200.0700
 05-Oct-20200.0700
 08-Sep-20200.0700
 05-Aug-20200.0700
 03-Jul-20200.0700
 12-Jun-20200.0500
 03-Mar-20200.0620
 08-Jan-20200.0620
 09-Dec-20190.0620
 08-Nov-20190.0620
 09-Oct-20190.0620
IDCW26-Oct-20211.5800

 20-Oct-20201.1100
 15-Oct-20191.1068
 30-Oct-20180.4870
 16-Mar-20180.6400
 06-Oct-20171.5300
 23-Sep-20161.7000
 30-Sep-20151.7500
 19-Sep-20141.5000
IDCW Quarterly26-Oct-20210.7000

 18-Mar-20210.3600
 20-Feb-20180.7500
 02-Jun-20170.2500
 24-Mar-20170.2000
 23-Dec-20160.2000
 08-Jul-20160.1500
 24-Dec-20150.1500
 30-Sep-20150.1500

Contact Information

AMC: ICICI Prudential Asset Management Company Ltd

Address: One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai - 400051

Phone: 022-26525000 / 1800-222-999 / 1800-200-6666

Fax: 022-26528100

Email: [email protected]

Website: http://www.icicipruamc.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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