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About The Fund

ICICI Prudential Balanced Advantage Fund is an open-ended equity oriented fund that brings multiple benefits to your investments. It strives for growth by investing in equity markets, while providing relative safety through investments in debt instruments.

Fund Performance

Returns of ICICI Prudential Balanced Advantage Fund - Growth Option as on December 30, 2016 - (IPBAF)

ParticularsSeptember 30,2015 to September 30,2016September 30,2014 to September 30,2015September 30,2013 to September 30,2014Since InceptionInception Date
Absolute Returns (%)Absolute Returns (%)Absolute Returns (%)Current Value of Investment of Rs. 10000CAGR (%) 
Scheme7.356.7029.0428200.0010.9130-DEC-06
Benchmark6.660.4825.3422402.748.39
Nifty 50 Index3.01-4.0631.3920637.867.51
NAV (Rs.) Per Unit (as on December 30,2016 : 28.20)26.2724.6219.0810.0010.00

Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other investment. Date of inception:
30-Dec-06 . Performance of dividend option would be Net of Dividend distribution tax, if any. Benchmark is Crisil Balanced Fund-Aggressive Index. For computation of since inception returns (%) the allotment NAV has been taken as Rs. 10.00. Load is not considered for computation of returns. 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 period.

See all funds managed by fund manager*This excludes the performance of close-ended funds

Mr. Manish Gunwani

Scheme NameSeptember 30,2015 to September 30,2016September 30,2014 to September 30,2015September 30,2013 to September 30,2014Since InceptionInception Date
ICICI Prudential Focused Bluechip Equity Fund7.74-0.2141.1030780.0013.9523-MAY-08
Nifty 50 Index3.01-4.0631.3916548.506.02
NAV (Rs.) Per Unit (as on December 30,2016 : 30.78)28.5728.6320.2910.0010.00
ICICI Prudential Exports and Other Services Fund-4.4116.3851.2345780.0014.7030-NOV-05
Nifty Services Sector Index (Benchmark)1.02-3.2437.8130582.5010.60
Nifty 50 Index3.01-4.0631.3930863.6110.70
NAV (Rs.) Per Unit (as on December 30,2016 : 45.78)47.8941.1527.2110.0010.00
ICICI Prudential Technology Fund-10.6711.353.55382608.4203-MAR-00
S&P BSE Information Technology (Benchmark)-11.658.3336.3313932.032.02
Nifty 50 Index8.33-0.238.8751999.710.45
NAV (Rs.) Per Unit (as on December 30,2016 : 38.26)42.8338.4825.061010

Mr. Rajat Chandak

Scheme NameSeptember 30,2015 to September 30,2016September 30,2014 to September 30,2015September 30,2013 to September 30,2014Since InceptionInception Date
Absolute Returns (%)Absolute Returns (%)Absolute Returns (%)Current Value of Investment of Rs.10000CAGR (%) 
ICICI Prudential Monthly Income Plan10.924.7521.0343873.009.5910-NOV-00
Crisil MIP Blended Index (Benchmark start date : 30-Mar-02)11.556.7916.83NANA
10 Year G Sec (Benchmark start date : 01-Sep-01)14.977.3914.14NANA
NAV (Rs.) Per Unit (as on December 30,2016 : 43.8730)39.553137.758131.198510.0010.00
ICICI Prudential MIP 2510.936.4222.5234914.3010.2930-MAR-04
Crisil MIP Blended Index (Benchmark)11.556.7916.8326877.708.06
10 Year G Sec14.977.3914.1420666.905.85
NAV (Rs.) Per Unit (as on December 30,2016 : 34.9143)31.474729.575324.140010.0010.00
ICICI Prudential Child Care Plan (Study Plan)11.629.9132.3962516.9012.6931-AUG-01
Crisil MIP Blended Index (Benchmark start date : 30-Mar-02)11.556.7916.83NANA
10 Year G Sec (Benchmark start date : 01-Sep-01)14.977.3914.14NANA
NAV (Rs.) Per Unit (as on December 30,2016 : 62.5169)56.007850.957438.490410.0010.00
ICICI Prudential Regular Income Fund9.829.1314.8316081.908.7503-MAY-11
Crisil MIP Blended Index (Benchmark)11.556.7916.8316556.429.31
10 Year G Sec14.977.3914.1415836.958.45
NAV (Rs.) Per Unit (as on December 30,2016 : 16.0819)14.644313.419811.686910.0010.00
ICICI Prudential R.I.G.H.T7.913.2972.53182017.9426-SEP-09
Nifty 50 Index8.33-0.238.8717364.878.18
NAV (Rs.) Per Unit (as on December 30,2016 : 31.82)29.4926.0315.091010

Mr. Manish Banthia

Scheme NameSeptember 30,2015 to September 30,2016September 30,2014 to September 30,2015September 30,2013 to September 30,2014Since InceptionInception Date
Absolute Returns (%)Absolute Returns (%)Absolute Returns (%)Current Value of Investment of Rs.10000CAGR (%) 
ICICI Prudential Gilt Fund - Investment Plan - PF Option17.795.4820.5333210.509.5819-NOV-03
I-SEC Li-BEX (Benchmark)16.767.4819.7427490.918.01
10 Year G Sec14.977.3914.1421021.645.83
NAV (Rs.) Per Unit (as on December 30,2016 : 33.2105)28.194726.729022.176610.0010.00
ICICI Prudential Long Term Plan16.865.7419.3920244.7010.6820-JAN-10
Crisil Composite Bond Fund Index (Benchmark)12.938.6314.3117800.618.65
1 Year T Bill7.278.228.5615757.346.76
NAV (Rs.) Per Unit (as on December 30,2016 : 20.2447)17.323316.383113.722610.0010.00
ICICI Prudential Equity Income Fund11.423.99---05-DEC-14
30% Nifty 50 + 40% CRISIL Liquid Fund Index + 30% CRISIL Short Term Bond Fund Index (Benchmark)7.064.79---
Nifty 50 Index3.01-4.06---
NAV (Rs.) Per Unit (as on December 30,2016 : 11.61)10.4210.02---
ICICI Prudential Equity - Arbitrage Fund6.807.568.5821473.607.9430-DEC-06
Nifty 50 Arbitrage Index (Benchmark start date : )6.607.618.76NANA
Nifty 50 Index3.01-4.0631.3920637.867.51
NAV (Rs.) Per Unit (as on December 30,2016 : 21.4736)20.106318.693717.217210.0010.00
ICICI Prudential Income Plan15.755.0816.9252007.909.3309-JUL-98
Crisil Composite Bond Fund Index (Benchmark start date : 30-Mar-02)12.938.6314.31NANA
10 Year G Sec (Benchmark start date : 01-Sep-01)14.977.3914.14NANA
NAV (Rs.) Per Unit (as on December 30,2016 : 52.0079)44.933042.759436.571410.0010.00
ICICI Prudential Gold iWIN ETF10.62-8.150.8414000.065.4424-AUG-10
LBMA AM Fixing Prices (Benchmark)11.62-7.321.8214942.796.52
NAV (Rs.) Per Unit (as on December 30,2016 : 264.9455)2395.18962607.68222585.96401892.461892.46
ICICI Prudential Short Term Plan11.137.9911.5533600.708.3125-OCT-01
CRISIL Short Term Bond Fund Index (Benchmark start date : 31-Mar-02)9.838.6610.47NANA
1 Year T Bill7.278.228.5624279.886.01
NAV (Rs.) Per Unit (as on December 30,2016 : 33.6007)30.235327.998025.098710.0010.00
ICICI Prudential Income Opportunities Fund11.328.5314.5422759.3010.3218-AUG-08
Crisil Composite Bond Fund Index (Benchmark)12.938.6314.3120114.448.71
10 Year G Sec14.977.3914.1419594.178.37
NAV (Rs.) Per Unit (as on December 30,2016 : 22.7593)20.445818.838516.446910.0010.00
ICICI Prudential Regular Gold Savings Fund8.93-5.08-9.189844.00-0.3011-OCT-11
Domestic Gold Prices (Benchmark)11.62-7.321.8210581.901.09
NAV (Rs.) Per Unit (as on December 30,2016 : 9.8440)9.03679.519910.482110.0010.00
ICICI Prudential Child Care Plan (Study Plan)11.629.9132.3962516.9012.6931-AUG-01
Crisil MIP Blended Index (Benchmark start date : 30-Mar-02)11.556.7916.83NANA
10 Year G Sec (Benchmark start date : 01-Sep-01)14.977.3914.14NANA
NAV (Rs.) Per Unit (as on December 30,2016 : 62.5169)56.007850.957438.490410.0010.00
ICICI Prudential MIP 2510.936.4222.5234914.3010.2930-MAR-04
Crisil MIP Blended Index (Benchmark)11.556.7916.8326877.708.06
10 Year G Sec14.977.3914.1420666.905.85
NAV (Rs.) Per Unit (as on December 30,2016 : 34.9143)31.474729.575324.140010.0010.00
ICICI Prudential Monthly Income Plan10.924.7521.0343873.009.5910-NOV-00
Crisil MIP Blended Index (Benchmark start date : 30-Mar-02)11.556.7916.83NANA
10 Year G Sec (Benchmark start date : 01-Sep-01)14.977.3914.14NANA
NAV (Rs.) Per Unit (as on December 30,2016 : 43.8730)39.553137.758131.198510.0010.00
ICICI Prudential Balanced Fund13.662.1045.56104620.0014.6503-NOV-99
CRISIL Balanced Fund – Aggressive Index (Benchmark start date : 30-Mar-02)6.660.4825.34NANA
Nifty 50 Index3.01-4.0631.3961714.4111.18
1 Year T Bill7.278.228.5629462.076.50
NAV (Rs.) Per Unit (as on December 30,2016 : 104.62)92.0590.1661.9410.0010.00
ICICI Prudential Child Care Plan (Gift Plan)6.870.2354.26109480.0016.8831-AUG-01
CRISIL Balanced Fund – Aggressive Index (Benchmark start date : 30-Mar-02)6.660.4825.34NANA
Nifty 50 Index3.01-4.0631.3977682.5614.30
NAV (Rs.) Per Unit (as on December 30,2016 : 109.48)102.44102.2166.2610.0010.00

Mr. Ashwin Jain

Performance for Schemes not having Growth/Cumulative Options have been calculated considering the Dividend Option, Post Adjustment of the Dividend Factor. Wherever applicable, for calculating returns, NAV of ICICI Prudential Gold iWIN ETF has been adjusted on account of change in face value. With effect from July 22, 2016, the benchmark of ICICI Prudential Equity - Arbitrage Fund has been changed from Crisil Liquid Index Fund to Nifty 50 Arbitrage Index. Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other investment. Performance of dividend option would be Net of Dividend distribution tax, if any. For computation of since inception returns the allotment NAV has been taken as Rs. 10.00 or Rs.100.00 as may be applicable. Load is not considered for computation of returns. In case, the start/end date of the concerned period is nonbusiness date (NBD), the NAV of the previous date is considered for computation of returns. ”-” - not available. “--” - Schemes in existence for > 1 year < 3 years, performance provided for as many 12 months period as possible, for the quarter ended December 30, 2016. The NAV per unit shown in the table is as on the start date of the said period.

Fund Highlights

  • Invests in both equity & debt instruments
  • Provides tax-free returns#
  • Aims to provide month-on-month tax-free dividends$
  • Manage your monthly cash flow with Automatic Withdrawal Plan^ & Monthly Dividend Feature

#As per prevailing tax laws for FY16-17, returns earned after one year are tax free.

$Distribution of dividend is subject to approval from Trustees & availability of distributable surplus

^Automatic Withdrawal Plan is only a feature for regular withdrawal from the scheme and shall not be construed as an assurance or guarantee of return.

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:

Fund Features

Type of Scheme Open-Ended Equity 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 Application Amount Rs. 1,000 (plus in multiples of Re.1)
Minimum Redemption Amount Rs. 500 (and in multiples thereof)
Entry Load Nil
Exit Load
20% of units up to 18 months from allotment Nil
More than 20% of units within 18 months of allotment 1% of applicable NAV
More than 18 months Nil
Fund Manager Equity: Manish Gunwani has been managing this scheme since Jan 2012 and has 20 years of experience. Ashwin Jain, with an experience of 9 years, has been managing the fund since Oct 2014. Rajat Chandak has been managing this fund since Sep 2015 and has 8 years of experience. Manish Banthia has been managing this fund since Nov, 2009 and has an overall experience of 13 years.

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