ICICI Prudential Balanced Advantage Fund - Growth

69.32

( NAV change from the previous, NAV as on 24/12/2024 )

Launch Date

2006-12-30 00:00:00.0

AUM

NA
(as on date NA)

Benchmark

CRISIL Hybrid 50+50 Moderate Index

Fund Manager

For Equity part- Ihab Dalwai, Sankaran Naren, Dharmesh Kakkad and Rajat Chandak
For Debt part- Manish Banthia

Risk: Moderately High

ICICI Prudential Balanced Advantage Fund Overview

ICICI Prudential Balanced Advantage Fund is a hybrid fund under dynamic asset allocation category. The investment objective of ICICI Prudential Balanced Advantage Fund is to generate low volatile reasonable returns. The investment aim of ICICI Prudential Balanced Advantage Fund growth plan is to invest in debt and equity market. ICICI Prudential Balanced Advantage Fund investment seeks the growth opportunities in a bullish market and limit the risk in a bearish market. If you have a moderately high risk appetite, then you can easily invest in ICICI Prudential Balanced Advantage Fund growth plan. This fund with the help of arbitrage opportunities, equity derivatives strategies and pure equity investments provide income distribution to its investors. ICICI Prudential Balanced Advantage Fund is managed by Mr. Sankaran Naren, Mr. Rajat Chandak, Mr. Ihab Dalwai, Mr. Dharmesh Kakkad (Equity portion) and Mr. Manish Banthia (debt portion). You can opt for ICICI Prudential Balanced Advantage Fund apply online and can check ICICI Prudential Balanced Advantage Fund portfolio and ICICI Prudential Balanced Advantage Fund NAV details.

Eligibility Criteria to invest in ICICI Prudential Balanced Advantage Fund

  • Individual must have an Indian citizenship
  • Association of Persons
  • Minor through a parent or through a legal guardian
  • Societies
  • NRIs or Persons of Indian origin residing abroad
  • Foreign Institutional Investors
  • Karta of Hindu Undivided Family
  • Trusts
  • Financial and Investment Institutions
  • Companies
  • Partner(s) of Partnership Firms.

Documents Required for ICICI Prudential Balanced Advantage Fund

Here are the important documents that are required for ICICI Prudential Balanced Advantage Fund -

  • Passport size Photographs
  • PAN Card
  • ID Proof- Voter ID Card, AADHAR Card, Passport
  • Declaration of 3rd party (for minors)
  • Address Proof- Driving License, Passport, Utility bills like Gas bill or Electricity bill
  • Duly filled application form
  • KYC Acknowledgment

Advantages of ICICI Prudential Balanced Advantage Fund

  • ICICI Prudential Balanced Advantage Fund investment focuses on a mix of equity and debt securities to overcome market volatility with less vulnerability.
  • When you invest in ICICI Prudential Balanced Advantage Fund growth plan, the equity part generates stable returns and the debt part protects the fund from market volatility.
  • You get to enjoy huge diversification by investing in ICICI Prudential Balanced Advantage Fund. If you study about the fund, you will get to know that ICICI Prudential Balanced Advantage Fund portfolio includes both equity and debt market offering huge diversification.
  • If you want to invest in equity market with conservative approach, then definitely, ICICI Prudential Balanced Advantage Fund growth plan is the best investment option.
  • ICICI Prudential Balanced Advantage Fund portfolio seeks to benefit from the market volatility.
  • You will enjoy growth benefit with risk minimization when going for ICICI Prudential Balanced Advantage Fund apply online.
SIP Calculator
I Want To Invest
I Am Expecting Yearly Return Of
No. Of Years
By investing per month we can expect 4946277 return with a steady growth of   for Year(s).
Calculate

Other Funds