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Balanced Advantage Fund - Hybrid Mutual Funds - ICICI Prudential

ICICI Prudential Balanced Advantage Fund

Generate low volatility returns by investing in mix of cash equities, equity derivatives and debt market instruments.

ICICI Prudential Balanced Advantage Fund is an Open ended Equity Fund that aims to make investing easy and less stressful, by allocating between different investment options as per changing market conditions. Now you need not worry about when to enter and exit the market.

Schemes - ICICI Prudential Balanced Advantage Fund

  • Real Time NAV

  • Closing NAV

     

Investment Philosophy

To provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments.

Key Features

Key Benefits

  • It invests in a judicious mix of cash, equity, derivatives and debt & money market securities.
  • It is structured to benefit from volatility and has an equity related tax status.

Who should invest?

  • Long term wealth creation solution
  • An equity fund that aims for growth by investing in equity and derivatives
Scheme Features
Type An open ended dynamic asset allocation fund
Underlying
ISIN
NSE Symbol & BSE Scrip ID
BSE Scrip Code
Pricing
Application size - Directly with AMC
Application size through NSE & BSE
Entry Load Not Applicable
Exit Load •  Nil - If units purchased or switched in from another scheme of the Fund are redeemed or switched out upto 15% of the units (the limit) purchased or switched in within 18 months from the date of allotment.
•  1% of applicable NAV - If units purchased or switched in from another scheme of the Fund are redeemed or switched out in excess of the limit within 18 months from the date of allotment
• Nil - If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 18 months from the date of allotment.
Authorized Participant

Fund Manager

Equity - Mr. Sankaran Naren, Mr. Rajat Chandak & Mr. Ihab Dalwai
Debt - Mr. Manish Banthia

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