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Presenting ICICI Prudential Balanced Advantage Fund

ICICI Prudential Balanced Advantage Fund is an open ended dynamic asset allocation fund that aims to generate reasonable returns in various market scenarios.

Why Asset Allocation?

Markets have their ups and downs, however to make the most out of these market movements, one should buy when the market valuation is low and sell when the market valuation is high.
It may sound easy, but difficult to implement due to the following reasons:

  • How much should one allocate to equity or debt?
  • How to identify what is low and what is high?
  • When to enter and exit the markets?
Solution is to invest in Dynamic Asset Allocation Funds that focus on investing in various asset classes depending on market conditions.

Why invest in this scheme?

...

Benefit from market volatility

Asset Allocation helps investors to manage market volatility by actively managing the net equity levels based on Buy Low and Sell High principle.

...

Best of both worlds

The scheme invests both in Equity and Debt offering investors exposure to these asset classes strategically as per the market conditions.

...

Manage Investor behavior

Asset Allocation helps to manage human emotions of greed and fear since the portfolio is dynamically managed. This ensures investors do not make decisions that will harm their overall financial goal.

Key Features

  • The scheme invests in Equity and Equity related securities and Debt.
  • It has the flexibility to move the net equity levels between 30-80% with an equity taxation, i.e. it allocates higher in equity when the Equity Market Valuation is low and lower when the Equity Market Valuation is high.
  • This Scheme is suitable for investors seeking an all season product that does not require timing the market and seek to benefit from volatility. It is suitable for investors who wish to participate in equity markets with relatively conservative approach.


Scheme Performance

Returns of ICICI Prudential Balanced Advantage Fund - Growth Option as on September 30,2021 - (IPBAF)

Particulars {{AMFIPerformance[0].R1C1}} {{AMFIPerformance[0].R1C2}} {{AMFIPerformance[0].R1C3}} 1 Year 3 Year 5 Year Since Inception
CAGR (%) Current Value of Investment of Rs. 10000
CAGR (%) Current Value of Investment of Rs. 10000
CAGR (%) Current Value of Investment of Rs. 10000
CAGR (%) Current Value of Investment of Rs. 10000
Scheme
0
0
0
28.33 12832.58
13.19 14518.25
11.07 16905.92
11.29 48520.00
"CRISIL Hybrid 50+50 - Moderate Index (Benchmark)" 0
0
0
31.17 13117.25
15.64 15483.12
12.85 18305.30
10.80 45461.89
Nifty 50 TRI 2 (Additional Benchmark) 0
0
0
58.54 15854.13
18.58 16696.07
16.81 21757.28
11.96 53031.07
NAV ( ) Per Unit
 {{AMFIPerformance[0].R7C1 | ifEmpty:'0'}} {{AMFIPerformance[0].R7C2 | ifEmpty:'0'}} {{AMFIPerformance[0].R7C3 | ifEmpty:'0'}} 37.81 33.42 28.70 10

"Notes:1. Different plans shall have different expense structure. The performance details provided herein are of ICICI Prudential Balanced Advantage Fund.2. The scheme is currently managed by Sankaran Naren, Rajat Chandak, Ihab Dalwai, Manish Banthia, Ritesh Lunawat and Sri Sharma. Mr. Sankaran Naren has been managing this fund since Jul 2017. Total Schemes managed by theFund Manager (Equity) is 21 (21 are jointly managed).Mr. Rajat Chandak has been managing this fund since Sep 2015. Total Schemes managed by the Fund Manager (Equity) is 5 (4 are jointly managed).Mr. Ihab Dalwai has been managing this fund since Jan 2018. Total Schemes managed by the Fund Manager is 5 (3 are jointly managed).Mr. Manish Banthia has been managing this fund since Nov 2009. Total Schemes managed by the Fund Manager (Debt) is 23 (23 are jointly managed).Mr. Ritesh Lunawat has been managing this fund since Dec 2020. Total Schemes managed by the Fund Manager (Debt) is 6 (6 are jointly managed).Ms. Sri Sharma has been managing this fund since Apr 2021. Total Schemes managed by the Fund Manager is 4 (4 are jointly managed). Refer annexure from page no. 132 for performance of other schemes currently managed bySankaran Naren, Rajat Chandak, Ihab Dalwai, Manish Banthia, Ritesh Lunawat and Sri Sharma.3. Date of inception: 30-Dec-06.4. Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other investment.5. Load is not considered for computation of returns.6. In case, the start/end date of the concerned period is a nonbusiness date (NBD), the NAV of the previous date is considered for computation of returns. The NAV per unit shown in the table is as on the start date of the said period7. The performance of the scheme is benchmarked to the Total Return variant of the Index. The benchmark of the scheme has been revised from Crisil Hybrid 35 + 65 - Aggressive Index to CRISIL Hybrid 50+50 - Moderate Index w.e.f.April 30, 2018."

Fund Manager

Sankaran Naren

29
Years of Experience
15
Funds managed in total
View other schemes managed by the Fund Manager

Rajat Chandak

11
Years of Experience
6
Funds managed in total
View other schemes managed by the Fund Manager

Ihab Dalwai

08
Years of Experience
5
Funds managed in total
View other schemes managed by the Fund Manager

Manish Banthia

16
Years of Experience
23
Funds managed in total
View other schemes managed by the Fund Manager

Ritesh Lunawat

06
Years of Experience
6
Funds managed in total
View other schemes managed by the Fund Manager

Sri Sharma

4
Years of Experience
4
Funds managed in total
View other schemes managed by the Fund Manager

ICICI Prudential Balanced Advantage Fund

This product is suitable for Investors who are seeking*:

  • Long Term wealth creation solution
  • An equity fund that aims for growth by investing in equity and derivatives

Investors understand that their principal will be at moderately high risk

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

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Fund Factsheet

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