HYBRID•DYNAMIC ASSET ALLOCATION OR BALANCED ADVANTAGE
ICICI Prudential Balanced Advantage Fund
3 Year return
12.90%
NAV on August 10, 2026
89.95
1D Returns
0%
Launched on January 2013(13 years)
Investment Details
₹100
Minimum SIP Amount
₹500
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
22.64%₹815
Total Value ₹4,415
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹72,486.28 Cr.
Expense Ratio
1.07% (inclusive of GST)
Exit Load
IF units purchased or switched in from another scheme of the Fund are redeemed or switched out up to 30% of the units (the limit) purchased or switched within 1 year from the date of allotment - Nil 1.00% - If units purchased or switched in from another scheme of the Fund are redeemed or switched out in excess of the limit within 1 year from the date of allotment. Nil - If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 1 year from the date of allotment.
Ratings
5
Ratings by other agencies
Value Research
4
Crisil
0
Morning Star
4
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
ICICI Prudential Mutual Fund Manager
AK
Akhil Kakkar
Fund Manager since Jan 2024
ID
Ihab Dalwai
Fund Manager since Jan 2018
MB
Manish Banthia
Fund Manager since Jan 2024
RC
Rajat Chandak
Fund Manager since Jun 2021
RC
Rajat Chandak
Fund Manager since Jun 2021
SS
Sri Sharma
Fund Manager since Apr 2021
Fund House Details
ICICI Prudential Mutual Fund
Asset management company
AUM
₹11,76,217.65 Cr.
No. of Schemes
336
Setup Date
June 1993
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| HDFC Balanced Advantage Fund | 13.8079% | 4 |
| Baroda BNP Paribas Balanced Advantage Fund | 13.4305% | 3 |
| Bank of India Balanced Advantage Fund | 10.5703% | 3 |
Schemes by ICICI Prudential Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan Annual IDCW Reinvestment8.0647%
The ICICI Prudential Balanced Advantage Fund Direct Plan — Growth is an open-ended scheme offered by ICICI Prudential Mutual Fund. It follows the dynamic asset allocation strategy, where the mix of assets in the fund’s portfolio is frequently adjusted as per prevailing market conditions. Since it contains both equity and debt components in its portfolio, it is categorised as a balanced fund. The minimum required equity allocation is 65% of the fund’s net assets, while the rest of the fund is invested across debt and money market instruments, preference shares, and units of REIT/InvIT.
Investment Objective of the Scheme
ICICI Prudential Balanced Advantage Fund Direct Plan Growth aims to use equity derivatives strategies and tap into the potential of pure equity assets and arbitrage opportunities to give investors the benefit of capital appreciation and periodic income.
Key Features of The Fund
5-year return
11.8638%
Expense Ratio
1.07%
Fund Manager
Akhil Kakkar
Fund Size
₹72486.28 Cr.
Risk Profile
High
Is This Scheme Right for Me?
If you want to improve the chances of your portfolio benefiting from different phases of the market cycle, this mutual fund scheme could be a suitable option for you. Since the fund is open-ended and offers customisable SIPs and SWPs, it may also be suitable for you if you want to ensure that your portfolio is significantly tailored to your specific financial situation. However, it carries a high level of risk, which may be slightly offset by the inclusion of debt instruments. So, make sure that you are aware of the risks before choosing this fund.
AMC Contact Details
| Name | ICICI Prudential Mutual Fund |
| Launch Date | June 1993 |
| Address | One BKC 13th Floor, Bandra Kurla Complex, Bandra, Mumbai – 400 051 |
| Contact | 18002006000 91 22 2652 5000 |
| enquiry@icicipruamc.com | |
| Website | https://www.icicipruamc.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of ICICI Prudential Balanced Advantage Fund?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of ICICI Prudential Balanced Advantage Fund on August 10, 2026, is ₹89.95
What is the AUM of ICICI Prudential Balanced Advantage Fund?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of ICICI Prudential Balanced Advantage Fund, is ₹72486.28 crore.
What is the expense ratio of ICICI Prudential Balanced Advantage Fund?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of ICICI Prudential Balanced Advantage Fund is 1.07%
What are the returns of ICICI Prudential Balanced Advantage Fund since inception?
The ICICI Prudential Balanced Advantage Fund was launched on January 01, 2013. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in ICICI Prudential Balanced Advantage Fund?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for ICICI Prudential Balanced Advantage Fund is ₹100.
How do I invest in ICICI Prudential Balanced Advantage Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in ICICI Prudential Balanced Advantage Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in ICICI Prudential Balanced Advantage Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in ICICI Prudential Balanced Advantage Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹4,415 in 3Y at 12.9029% returns
SIP Date1st of every month
Your next SIP Payment will be on 11 September 2026
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