ICICI Prudential Balanced Advantage Fund

ABOUT

ICICI Prudential Balanced Advantage Fund

ICICI Prudential Balanced Advantage Fund, is an open ended equity oriented scheme that aims to generate reasonable returns in various market scenarios.

Scheme Highlights

  • Invests in both equity and debt
  • The scheme aims to provide an opportunity for reasonable returns with relatively lower volatility.
  • The scheme seeks to provide investors an opportunity to benefit out of market volatility.
  • The Scheme uses an in-house valuation model seeking to limit the downside risk during a falling market and aiming to capture growth opportunities in a rising market

Why Invest?

  • Investors can consider ICICI Prudential Balanced Advantage Fund for their long-term goals
  • In terms of risk profiling, scheme is suitable for investors with a moderately high risk appetite
  • Investors who seek to benefit from market volatility may consider this scheme in their portfolio, since the scheme is structured with intent to benefit out of volatility
  • Investors who wish to participate in equity markets with relatively conservative approach can invest in this scheme

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Key Features
New Fund Offer period New Fund Offer Opens on: November 23, 2020
New Fund Offer Closes on: December 7, 2020
Investment Objective To generate long-term capital appreciation by predominantly investing in equity and equity related instruments selected based on a quantitative model.
Benchmark S&P BSE 200 TRI
Minimum Application 5,000/- (plus in multiple of Re. 1)
SIP amount Daily, Weekly, Fortnightly, Monthly SIP: 100/- (plus in multiple of Re. 1/-) Minimum installments: 6
Quarterly SIP: 5,000/- (plus in multiple of Re. 1/-) Minimum installments-4
Entry Load: Not Applicable.
Exit Load 1% of applicable Net Asset Value-redeemed within 12 months
Nil - if redeemed after twelve months
Fund Manager Roshan Chutkey
Key Features
NFO Period New Fund Offer Opens on: Sep 21, 2020
New Fund Offer Closes on: Oct 05, 2020
RTGS and Transfer Cheques Till the end of business hours on: Oct 05,2020
MICR cheques Till the end of business hours on: Oct 05,2020
Option to be Launched ICICI Prudential ESG Fund- Growth & Dividend
ICICI Prudential ESG Fund- Direct Plan - Growth & Dividend
Switches Switch-in-requests from equity schemes and other schemes will be accepted upto October 5,2020 till the cut-off time applicable for switches.
Switch-in-requests from ICICI Prudential US Bluechip Equity Fund, ICICI Prudential Global Advantage Fund(FOF) and ICICI Prudential Global Stable Equity Fund(FOF) will not be accepted.
Minimum Application Amount during the NFO 5000/- (plus in multiple of .1 thereafter)
Benchmark Nifty 100 ESG Index
Fund Manager Lakshminarayanan K.G.
Scheme Features
Type of Scheme Open-Ended Dynamic Asset Allocation Fund
Plans Growth and IDCW (IDCW Payout***/Reinvestment available, Frequencies -Monthly)
Min. Application Amount Rs.500 (plus in multiples of Re.1)
Min. Additional Investment Rs.100/- (plus in multiples of Re.1/-)
Minimum Redemption Amt. Any Amount
Entry Load Not Applicable.
Exit Load Upto 10% of units within 1 year from the date of allotment Nil More than 10% of units within 1 year from the date of allotment 1% of applicable NAV After 1 year from the date of allotment Nil (w.e.f. 1st Jan 2019)
Fund Manager Equity : Sankaran Naren {Managing this fund since Jul, 2017 & Overall 29 years of experience}Rajat Chandak {Managing this fund since Sep, 2015 & Overall 11 years of experience}Ihab Dalwai & Debt : Manish Banthia & Ritesh Lunawat {Managing this fund since Jan, 2018 & Overall 8 years of experience) (Managing this fund since Nov, 2009 & Overall 16 years of experience) (Managing this fund since Dec, 2020 & Overall 6 years of experience}Shri Sharma {} #

Scheme Performance

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NAV ( ) Per Unit
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Fund Manager

Ritesh Lunawat

Manish Banthia

23

Funds managed in total

Ihab Dalwai

Rajat Chandak

Sri Sharma

Sankaran Naren

15

Funds managed in total

This product is suitable for Investors who are seeking*:

  • Long term capital appreciation/income
  • Investing in equity and equity related securities and debt instruments.

Investors understand that their principal will be at high

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

Download

ICICI Prudential Quant Fund
An open ended equity scheme following Quant based investing theme.

  • Long term wealth creation
  • An equity scheme that invests in equity and equity related instruments selected based on quant model.

Investors understand that their principal will be at High Risk.

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

Download

ICICI Prudential ESG Fund (An open ended equity scheme investing in companies identified based on the Environmental, Social and Governance (ESG) theme)
This product is suitable for Investors who are seeking*:

  • Long term wealth creation
  • An equity scheme that invests in equity and equity related instruments of companies following the ESG theme

Investors understand that their principal will be at High Risk.

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

Download

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Terms & Conditions for Tree Plantation Activity

ICICI Prudential Asset Management Company Ltd. (the AMC) shall be contributing to ICICI Foundation for Inclusive Growth for planting of trees as part of its Corporate Social Responsibility (CSR) Activities. For this purpose, the AMC shall contribute towards one tree for every investor investing in ICICI Prudential ESG Fund or any other scheme as decided by the AMC from time to time. The count of investor shall be computed basis the PAN of the first holder in the folio. It may be noted that planting of a tree or certificate to the investor for the tree being planted does not grant or transfer ownership of the trees or to any products derived from those trees to the investors. The AMC reserves the right to make changes/stop this activity without prior intimation to the investors.

Contact us

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Trailor- Verkamp street no. 63, 81415 Zagreb, Croatia

Give us a ring

Dezha Manci
+38 695 645 231
Mon - Fri, 8:00-22:00

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