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Mutual Fund Review – ICICI Pru Balanced Advantage

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Fund Name: ICICI Pru Balanced Advantage (G)

CRISIL Rank: 1

Category: Equity – Hybrid

Expense ratio: 2.82%

Risk Level: Average

Benchmark: Crisil balanced

Objective: To invest in a diversified blend of Large and Mid-cap stocks and the allocation is decided on a tactical basis, rather than any predefined ratio. This disciplined approach through various market cycles may allow the fund to buy at reasonable prices and systematically sell at demanding market valuations.

Returns (Annualized)


Our Review

ICICI Pru balanced advantage (G) has made its inception in the year 2006. Since inception, it has produced annualized returns of 9.36%. It has managed to match the benchmark index as well as category average consistently in the 1, 3 and 5 year returns.

Top 5 holdings of the fund include Tech Mahindra, ICICI bank, HDFC bank, ITC and Infosys. The fund invests in a judicious mix of equity and debt securities. More often than not, the equity portion is higher than debt portion. Those who want to invest in debt instruments for safety as well as equity instruments for higher returns can consider this fund.

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