BALANCED FUNDS
Balanced Fund - ICICI Prudential AMC

ICICI Prudential Balanced Fund

Asset allocation is the key to investing success as it helps you reduce the volatility of returns. By investing in equity for capital appreciation and debt for stable returns, you can reduce instability of returns by increasing / decreasing exposure to various markets, based on in-depth research and analysis.


ICICI Prudential Balanced Fund, an open-ended balanced fund, does just that. It takes care of this asset allocation by constantly investigating market outlook and performance and accordingly by increasing / decreasing equity exposure based on the market outlook and using a core debt portfolio to do the rebalancing.

Investment Philosophy

This fund seeks to optimize the risk-adjusted return by distributing assets between both equity and debt markets. In bullish markets equity allocation can go upto 80%. In bearish markets equity allocation can go down to 65%. This dynamic allocation along with core debt portfolio reduces the volatility of return

Key Benefits

  • Provides the twin benefits of growth from equity markets and steady income from debt markets.
  • Lower volatility of returns and lower risk through diversification.

This product is suitable for investors who are seeking* :

  • Long term wealth creation solution
  • A balanced fund aiming for long term capital appreciation and current income by investing in equity as well as fixed income securities.

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


Key Features

Type

Open ended Balanced Fund

Plan

Regular & Direct

Options

-

Default Option

Growth

Application Amount

Rs.5000 (plus in multiples of Rs.1)

Min. Additional Investment

Rs.1000 (plus in multiples of Re.1)

Entry Load

Nil.

Exit Load

• If units purchased or switched in from another scheme of the Fund are redeemed or switched out upto 10% of the units within 1 Year from the date of allotment - Nil.
• If units purchased or switched in from another scheme of the Fund are redeemed or switched out more than 10% of units within 1 Year from the date of allotment - 1% of applicable Net Asset Value (NAV)
of the applicable Net Asset Value (NAV).
• If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 1 Year from the date of allotment - NIL.
w.e.f 10-11-15

Redemption Cheques Issued

Minimum Redemption Amt.

Rs.500 (plus in multiples of Re.1)

Systematic Investment Plan

Monthly: Minimum Rs.1,000 + 5 post - dated cheques for a minimum of Rs.1,000 each Quarterly: Minimum Rs. 5000 + 3 post - dated cheques of Rs. 5000 each.

Systematic Withdrawal Plan

Minimum of Rs.500/- and Multiples thereof



Fund Manager

Equity -Mr. Sankaran Naren and Mr.Yogesh Bhatt
Debt - Mr. Manish Banthia

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