BALANCED FUNDS
Balanced Fund - ICICI Prudential AMC

ICICI Prudential Balanced Fund

Investment Objective

To generate long term capital appreciation and current income from a portfolio that is invested in equity and equity related securities as well as in fixed income securities.

Key Benefits

  • Provides the twin benefits of growth from equity markets and steady income from debt markets.
  • Lower volatility of returns and lower risk through diversification.

This product is suitable for investors who are seeking* :

  • Long term wealth creation solution
  • A balanced fund aiming for long term capital appreciation and current income by investing in equity as well as fixed income securities.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


Key Features

Type

Open ended Balanced Fund

Plan

ICICI Prudential Balanced Fund & ICICI Prudential Balanced Fund - Direct Plan

Options

Growth, Dividend (Payout and Reinvestment facility available)

Default Option

Growth, Default sub-option is Dividend Reinvestment

Application Amount

Rs.5000 (plus in multiples of Rs.1)

Min. Additional Investment

Rs.1000 (plus in multiples of Re.1)

Entry Load

Not Applicable

Exit Load

• Nil - If upto 10% of units purchased or switched in from another scheme of the Fund are redeemed or switched out within 1 Year from the date of allotment
• 1% of applicable Net Asset Value (NAV)- If more than 10% of units purchased or switched in from another scheme of the Fund are redeemed or switched out 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
 (w.e.f 10-11-16)

Minimum Redemption Amt.

Rs. 500 or all units where amount is below Rs. 500

Systematic Investment Plan

Available

Systematic Transfer Plan

Available (Flex STP/Value STP also available)

Systematic Withdrawal Plan

Available



Fund Manager

Equity - Mr. Sankaren Naren & Mr. Atul Patel
Debt - Mr. Manish Banthia

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