Your current browser might not support few of our features. For a better view and experience please update your browser to IE 8 and above.

Request a call back

About the Scheme

ICICI Prudential Balanced Advantage Fund is an open-ended dynamic asset allocation fund that can bring multiple benefits to your investments. It strives for growth balanced with safety by investing in equity markets as well as debt instruments.

Scheme Highlights

  • Invests in both equity and debt
  • Avail the Systematic Withdrawal Plan for regular cash flows#

#Systematic Withdrawal Plan (SWP) feature will allow investors to redeem a fixed sum of money periodically at the prevailing Net Asset Value (NAV) depending on the option chosen by the investor. For more details, visit our website.

Why Invest?

  • Benefit from an in-house asset allocation model that aims to buy low & sell high
  • Aim to gain from market volatility over the long term

To know more about ICICI Prudential Balanced Advantage Fund, watch this video:

Scheme Features

Type of Scheme Open-Ended Dynamic Asset Allocation Fund
Plans ICICI Prudential Balanced Advantage Fund and ICICI Prudential Balanced Advantage Fund - Direct; Options: Growth & Dividend
Minimum Application Amount Rs. 5,000 (plus in multiples of Re.1)
Minimum Additional Investment Rs. 1,000 (plus in multiples of Re.1)
Minimum Redemption Amount 500/- or all units where amount is below 500/-
Entry Load Not Applicable
Exit Load
Upto 15% of units within 18 months from the date of allotment Nil
More than 15% of units within 18 months from the date of allotment 1% of applicable NAV
After 18 months from the date of allotment Nil w.e.f 10th November 2016
Fund Manager Equity: Sankaren Naren has been managing this fund since July 2017 and has 26 years of experience. Rajat Chandak has been managing this fund since September 2015 and has 8 years of experience. Ihab Dalwai has been managing this fund since January 2018 and has 5 years of experience. Debt: Manish Banthia has been managing this fund since November 2009 and has 13 years of experience.*

*In addition to the fund managers managing this fund, the ADR/GDR exposure is managed by Ms. Priyanka Khandelwal

Download the factsheet and stay up-to-date with ICICI Prudential Mutual Fund.

Download Now


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