When you invest for three years or above, you can expect gains that beat the inflation rate and are also higher than fixed income options. But be prepared for ups and downs in your investment value along the way.
Balanced hybrid funds invest roughly half of your money in equity shares and the rest in bonds and commodities. Their returns are lower than pure equity funds which invest all your money in shares, but they also fall less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to its sharp ups and downs.
Like 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 three 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.
|VR Balanced TRI||-27.80||-4.79||-5.37||-23.51||-28.11||-22.99||-23.74||-1.19||1.61||6.75||6.06|
|Hybrid: Balanced Hybrid||-19.77||-1.67||-3.30||-18.04||-20.04||-16.34||-16.82||-2.40||1.40||6.20||6.00|
|Rank within category||10||7||10||10||10||10||10||8||6||6||6|
|Number of funds in category||10||10||10||10||10||10||10||10||8||8||8|
As on 03-Apr-2020
|Best (Period)||Worst (Period)|
|Week||13.14 (27-Oct-2008 - 04-Nov-2008)||-15.52 (17-Mar-2020 - 24-Mar-2020)|
|Month||19.53 (11-May-2009 - 10-Jun-2009)||-31.18 (20-Feb-2020 - 23-Mar-2020)|
|Quarter||47.89 (09-Mar-2009 - 10-Jun-2009)||-33.74 (24-Dec-2019 - 24-Mar-2020)|
|Year||71.93 (09-Mar-2009 - 11-Mar-2010)||-41.88 (14-Jan-2008 - 13-Jan-2009)|
|VR Balanced TRI||1.90||15.58||-0.23||-0.24||--||--|
|Hybrid: Balanced Hybrid||-0.55||11.74||-0.53||-0.48||0.71||-3.53|
|Rank within category||8||10||4||4||10||7|
|Number of funds in category||10||10||10||10||10||10|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Mar-2020
|The underlying data is unavailable.|
|Company||Sector||P/E||3Y High||3Y Low||% Assets|
|ICICI Pru S&P BSE 500 ETF-G||Financial||--||28.13|
|ICICI Pru Nifty ETF-D||Financial||--||25.99|
|BHARAT 22 ETF-G||Financial||--||14.48|
|ICICI Pru Nifty Low Vol 30 ETF-D||Financial||--||12.25|
|ICICI Pru Private Banks ETF-G||Financial||--||12.18|
|ICICI Pru Nifty Next 50 ETF-G||Financial||--||4.24|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 29-Feb-2020
Education: Mr. kakkad is B.com., CA & CFA.
Experience: Mr. Kakkad is Manager in ICICI Prudential Mutual Fund since 2009.
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.
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The Scheme seeks to generate capital appreciation primarily from a portfolio that is invested in Exchange Traded Funds.
|Minimum Investment (₹)||5,000|
|Minimum Addl Investment (₹)||500|
|Minimum SIP Investment (₹)||1,000|
|Minimum No of Cheques||6|
|Minimum Withdrawal (₹)||1|
|Minimum Balance (₹)||5,000|
|Exit Load||1% for redemption within 365 days|
|Fund House:||ICICI Prudential Mutual Fund|
|Return Since Launch:||10.05%|
|Benchmark:||NIFTY 200 TRI|
|Assets:||₹ 94 Cr (As on 29-Feb-2020)|
|Expense:||0.34% (As on 29-Feb-2020)|
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
Email: [email protected]
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
Email: [email protected]