ICICI Prudential Balanced Advantage Fund Consistent Gains Through Dynamic Asset Allocation
What is it? • ICICI Prudential Balanced Advantage Fund is a top performing mutual fund in the category of dynamic asset allocation.
• The fund uses multiple asset class to deliver consistent risk adjusted returns to the investors. • It is one of the most chosen mutual funds in India and holds gigantic AUM.
• It is managed by 5 fund managers at ICICI Prudential Mutual Fund. • The fund managers are free to shift any proportion of corpus into any asset class to achieve its objective.
Fund Objectives Invest dynamically in multiple asset category including equity, debt, and derivatives.
Selecting the best performing tools for the portfolio regardless of the asset class.
Deliver consistent long term gains to the investors.
Maintain equity oriented portfolio so as to treat as equity scheme for taxation purpose
Fund Details Category:
Hybrid: Dynamic Asset Allocation
Assets:
Rs 29,105 crore (As on May 31, 2019)
Expense:
1.68% (As on May 31, 2019)
Fund House:
ICICI Prudential Mutual Fund
Launch Date:
30-Dec-06
Benchmark:
CRISIL Hybrid 50+50 Moderate Index
Exit Load (%)
For units in excess of 10% of the investment,1% will be charged for redemption within 365 days
Where Does it Invest? • The investments are dynamically shifted to grab the advantage of growth in any asset class between equity, debt, derivatives and arbitrage opportunities.
• The equity proportion is generally kept higher and involves large cap stocks and F&O. • The debt tools are of multiple credit ratings and aim to deliver consistent returns and reduce volatility.
• The fund holds a gigantic AUM and hence the portfolio is also large and uses various tools to deliver consistent gains to the investors.
Portfolio Details Equity Allocation
Asset Allocation
28%
27%, Large Cap
43%
Equity
Mid Cap
Debt Cash Equivalent
Small Cap F&O
2% 62%
30%
8%
Performance Measure YTD
1-Month
3-Month
1-Year
3-Year
5-Year
10-Year
Fund
4.97
0.61
2.82
7.92
10.33
10.40
12.98
VR Balanced TRI
8.92
0.49
3.51
11.20
13.64
10.44
10.91
Category
3.71
-0.08
1.64
4.58
8.24
8.47
10.21
• ICICI Prudential Balanced Advantage Fund delivers consistent gains regardless of the market conditions by dynamically shifting the corpus. • The returns of ICICI Prudential Balanced Advantage Fund are more stable and higher than peers. • Investors can expect consistent gains of more than 10% in the long term.
Fund Managers • Sankaran Naren Mr Naren is the Chief Investment Officer at ICICI Prudential Mutual Fund. He is an expert of equities and has more than 20 years of experience.
• Manish Banthia Mr Banthia is the Chief Investment Officer of fixed income securities at ICICI Prudential Mutual Fund. He has been handling the portfolio of ICICI Prudential Balanced Advantage Fund since 2009
• Rajat Chandak Mr Chandak is an experiened manager who handles equity investments.
• Ihab Dalwai Mr Dalwai is a CA and mostly handles the hybrid portfolios at ICICI Mutual Fund.
• Dharmesh Kakkad Mr Kakkad is a B.Com, CA, CFA and is an expert of derivatves and arbitrage investments at ICICI Prudential AMC.
Who Should Invest? • ICICI Prudential Balanced Advantage Fund is ideal for the investors who aim to maintain balance between risk and returns through a mixed portfolio. • The fund is suitable for investors with low risk appetite.
• It is a largely chosen scheme with significant AUM as the portfolio is suitable to large majority. • Those who seek high returns should avoid investing in the sheme. • The fund is also ideal for those who do not want to completely rely on either of equity or debt tools for long term capital gains.
Invest Your Hard Earned Corpus at Most Trusted Source
Disclaimer: The information and suggestions of the funds in the presentation are for informative purpose only. The facts and figures in the presentation are as per the sources which include ValueResearch and Moneycontrol as on 12-6-2019. Mutual fund investments are subject to market risk. Read all the scheme related documents carefully.