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ICICI Prudential Balanced Advantage Fund

ICICI Prudential is one of the leading mutual fund investment companies in India. Invest in all types of mutual fund schemes with ICICI Prudential AMC today!
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About the Scheme

ICICI Prudential Balanced Advantage Fund is an open-ended dynamic asset allocation fund that can bring multiple benefits to your investments. It strives for growth balanced with safety by investing in equity markets as well as debt instruments.

Prudential Balanced Advantage Fund


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Scheme Features
Type of Scheme
Open-Ended Dynamic Asset Allocation 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 Investment
Rs. 1,000 (plus in multiples of Re.1)
Minimum Redemption Amount
500/- or all units where amount is below 500/-
Entry Load
Not Applicable
Exit Load
Upto 15% of units within 18 months from the date of allotment
Nil
More than 15% of units within 18 months from the date of allotment
1% of applicable NAV
After 18 months from the date of allotment
Nil w.e.f 10th November 2016
Fund Manager
Equity: Sankaren Naren has been managing this fund since July 2017 and has 26 years of experience. Rajat Chandak has been managing this fund since September 2015 and has 8 years of experience. Ihab Dalwai has been managing this fund since January 2018 and has 5 years of experience. Debt: Manish Banthia has been managing this fund since November 2009 and has 13 years of experience.*
*In addition to the fund managers managing this fund, the ADR/GDR exposure is managed by Ms. Priyanka Khandelwal







Aim to balance your investments and head towards a potentially better future with ICICI Prudential Balanced Advantage Fund. Don’t worry about the ups and downs of the market. Instead aim to gain from them over the long term.
Benefits of ICICI Prudential Balanced Advantage Fund:
Potential for Long Term Wealth Creation
Aims to Invest in equity and derivatives
Dynamic Asset Allocation according to market conditions
Strive for a balanced future with ICICI Prudential Balanced Advantage Fund.
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Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
The information contained herein is only for the purpose of information and not for distribution and do not constitute an offer to buy or sell or solicitation of any offer to buy or sell any securities or financial instruments in the United States of America ("US") and/or Canada or for the benefit of US persons (being persons falling within the definition of the term "US Person" under the US Securities Act, 1933, as amended) or persons residing in Canada.
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