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ICICI Prudential Balanced Advantage Fund

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Hybrid: Dynamic Asset Allocation

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1 Lakh

Investment Grown to
₹ 1.19 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.94 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: 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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(₹)
cal
cal

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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 0.08 0.82 3.76 -0.55 7.32 28.39 5.07 6.06 8.10 11.87 10.53
VR Balanced TRI -3.68 1.27 4.65 -0.36 8.13 27.01 2.44 6.57 8.53 10.83 7.66
Hybrid: Dynamic Asset Allocation 1.50 0.63 2.78 -0.14 5.66 20.48 5.11 4.09 6.19 9.86 8.04
Rank within category 15 6 5 20 5 4 14 4 2 1 1
Number of funds in category 22 24 24 24 24 24 22 14 11 6 5

As on 01-Oct-2020

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  | Invest Now
4 star
 Dec-06 5.07 6.06 8.10 1.72 26,638
DSP Dynamic Asset Allocation Fund - Regular Plan  | Invest Online
5 star
 Feb-14 5.96 5.80 7.23 2.17 1,547
IDFC Dynamic Equity Fund - Regular Plan
4 star
 Oct-14 9.37 6.80 7.12 2.32 966
L&T Balanced Advantage Fund  | Invest Online
5 star
 Feb-11 9.88 7.20 6.01 2.42 721
HDFC Balanced Advantage Fund  | Invest Online
Unrated
 Feb-94 -7.51 -0.23 5.06 1.61 37,192

Best & Worst Performance

Best (Period) Worst (Period)
Week 16.04 (27-Oct-2008 - 04-Nov-2008) -14.77 (03-Oct-2008 - 10-Oct-2008)
Month 16.85 (11-May-2009 - 10-Jun-2009) -26.77 (20-Feb-2020 - 23-Mar-2020)
Quarter 42.54 (09-Mar-2009 - 10-Jun-2009) -28.77 (28-Jul-2008 - 27-Oct-2008)
Year 62.43 (09-Mar-2009 - 11-Mar-2010) -41.22 (26-Oct-2007 - 27-Oct-2008)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.58 13.49 0.11 0.11 0.73 -0.29
VR Balanced TRI 7.52 17.40 0.14 0.16 -- --
Hybrid: Dynamic Asset Allocation 4.39 11.87 -0.06 -0.05 0.62 -2.21
Rank within category 4 14 4 4 13 4
Number of funds in category 17 17 17 17 17 17

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

As on 30-Sep-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 95
Top 10 Holdings (%) 34.36
Top 5 Holdings (%) 21.78
Top 3 Sectors (%) 32.32
Portfolio P/B Ratio 2.39
Portfolio P/E Ratio 24.11
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
new 5.77% GOI 2030 GOI Securities SOV 0.00 - 3.62 3.62
equal 8.75% Axis Bank Bonds/Debentures AA+ 1.98 - 2.78 2.63
equal 9.20% ICICI Bank 31/12/2050 Bonds AA+ 1.78 - 2.01 1.78
equal 8.75% Axis Bank 28/06/2022 Bonds AA+ 1.36 - 1.77 1.69
up 6.19% GOI 16/09/2034 GOI Securities SOV 0.00 - 1.32 1.32
equal 9.15% ICICI Bank Debenture AA+ 0.94 - 1.15 1.04
equal 9.50% Nirma Non Convertible Debenture AA- 0.33 - 1.08 0.99
equal Embassy Office Parks REIT 2022 Zero Coupon Bonds AAA 0.00 - 1.00 0.91
equal ICICI Pru FMP - Series 82 1199 Days Plan L Direct-G Mutual Fund -- 0.63 - 0.82 0.63
equal 7.74% Power Finance Corp. 29/01/2028 Non Convertible Debenture AAA 0.60 - 1.14 0.60
equal 9.15% NUVOCO Vistas Corp. 30/08/2022 Non Convertible Debenture AA 0.00 - 0.61 0.57
equal Sattva Holding And Trading 2023 Zero Coupon Bonds AA+ 0.00 - 0.61 0.55
equal 8.55% Talwandi Sabo Power 23/04/2021 Debenture AA 0.52 - 0.65 0.55
equal 9.50% Indusind Bank 18/04/2022 Bonds AA 0.54 - 0.68 0.54
equal HDFC Bank 91-D 21/10/2020 Fixed Deposits -- 0.00 - 0.51 0.50
equal ICICI Pru FMP - Series 82 1203 Days Plan K Direct-G Mutual Fund -- 0.45 - 0.66 0.45
equal 9.70% Coastal Gujarat Power 27/08/2023 Non Convertible Debenture AA 0.00 - 0.45 0.43
equal TMF Holdings 2022 Debenture AA- 0.00 - 0.45 0.43
equal 8.50% Vedanta 2021 Debenture AA 0.40 - 0.50 0.42
equal HDFC Bank 91-D 04/09/2020 Fixed Deposits -- 0.00 - 0.43 0.41
equal 9.40% IDBI Bank Bonds A 0.35 - 0.45 0.39
equal 9.50% Muthoot Finance 2022 Non Convertible Debenture AA 0.00 - 0.40 0.39
equal 11.40% Avanse Financial Services 2022 Non Convertible Debenture A+ 0.00 - 0.40 0.39
equal 9.50% Security and Intelligence Services 13/04/2021 Non Convertible Debenture A+ 0.00 - 0.41 0.38
equal 9.50% Nayara Energy 29/07/2021 Bonds/NCDs AA 0.35 - 0.44 0.36

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
down Reliance Industries Energy 35.42 6.49 0.24 6.10
up ICICI Bank Financial 25.03 4.40 1.39 4.40
down HDFC Bank Financial 21.37 5.20 2.97 4.35
down Infosys Technology 25.45 3.63 2.27 3.31
up Bharti Airtel Communication -- 3.25 0.81 2.88
equal NTPC Energy 14.56 2.68 0.96 2.45
down Kotak Mahindra Bank Financial 30.34 3.15 0.62 2.44
equal Motherson Sumi Systems Automobile -- 3.02 1.36 2.19
equal HDFC Financial 14.64 4.42 1.65 2.16
equal Hindustan Unilever FMCG 71.87 2.40 0.64 2.15
down Cipla Healthcare 37.87 1.75 0.78 1.41
equal TVS Motor Co. Automobile 76.32 1.45 0.90 1.40
up Eicher Motors Automobile 45.45 1.91 0.46 1.33
equal ITC FMCG 14.54 2.54 0.84 1.28
equal United Breweries FMCG 170.89 1.33 0.05 1.24
down PVR Services -- 1.20 0.72 1.19
equal State Bank of India Financial 7.87 2.26 1.09 1.19
down Maruti Suzuki India Automobile 50.89 1.78 0.78 1.14
down HCL Technologies Technology 18.76 2.18 1.08 1.13
down Axis Bank Financial 80.22 3.22 1.00 1.10
equal Avenue Supermarts Services 138.93 1.20 0.37 1.06
down Tata Consultancy Services Technology 30.32 1.97 0.00 0.95
up Tech Mahindra Technology 19.65 1.80 0.49 0.81
equal Sun Pharmaceutical Inds. Healthcare 168.45 1.44 0.72 0.79
equal Reliance Industries Ltd - Partly Paid Equity Energy -- 0.78

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-Aug-2020

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:

— Manish Banthia since 19-Nov-2009

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:

— 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:

Invest Now
0.82%

Change from previous, NAV as on 01-Oct-2020

Growth: ₹ 38.1200

Dividend Quarterly: ₹ 13.6700

More

Dividend Monthly: ₹ 14.3100

Dividend: ₹ 15.3600

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

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
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: 30-Dec-2006
Return Since Launch: 10.21%
Benchmark: CRISIL Hybrid 50+50 Moderate Index
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 26,638 Cr (As on 31-Aug-2020)
Expense: 1.72% (As on 31-Aug-2020)
Risk Grade: Average
Return Grade: Above Average
Turnover: 44.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly08-Sep-20200.0700

 05-Aug-20200.0700
 03-Jul-20200.0700
 12-Jun-20200.0500
 02-Mar-20200.0620
 03-Feb-20200.0620
 01-Jan-20200.0620
 02-Dec-20190.0620
 01-Nov-20190.0620
 01-Oct-20190.0620
 03-Sep-20190.0620
 01-Aug-20190.0620
 02-Jul-20190.0620
 03-Jun-20190.0620
 08-May-20190.0620
 08-Apr-20190.0620
 05-Mar-20190.0620
 04-Feb-20190.0620
 01-Jan-20190.0620
 03-Dec-20180.0708
 02-Nov-20180.0708
 04-Oct-20180.0708
 28-Sep-20180.0443
 20-Aug-20180.0885
 10-Jul-20180.0885
Dividend15-Oct-20191.1068

 30-Oct-20180.5312
 16-Mar-20180.8000
 06-Oct-20171.7000
 23-Sep-20161.7000
 02-Sep-20160.0700
 30-Sep-20151.5500
 19-Sep-20141.5000
 27-Sep-20131.3000
 28-Sep-20121.4000
 02-Sep-20111.0000
 18-Sep-20070.6000
Dividend Quarterly20-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-20150.2000

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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