ICICI Prudential Balanced Advantage Fund - Direct Plan - Growth

ICICI Prudential Balanced Advantage Fund - Direct Plan - Growth of ICICI Prudential Mutual Fund has asset class type as Hybrid-Equity. Oro Wealth rating for the fund is 3.

Basic Details

Riskometer

Moderately High

Expenese Ratio (%)

0.99

Age

NA Years

Fund Manager

Sankaran Naren

AuM (Rs Crores)

27600.2743

Asset Class

Hybrid-Equity

Net Asset Value:

35.32

Rating

3

Exit Load

0.01

Fund Type

Balanced

SEBI Category

Dynamic Asset Allocation or Balanced Advantage

Turnover Ratio(Monthly)

5.1 Times

Fund Manager Details:

Sankaran Naren B.Tech - IIT Madras, PGDM, IIM Calcutta Prior to joining ICICI Prudential AMC, he has worked with various financial services companies like Refco Sify securities India Pvt. ltd., HDFC Securities Ltd. and Yoha Securities in Various Positions.

Objective:

To provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments.

Top Holdings:

  • Banks (12.4)
  • IT - Software (8.8)
  • Finance (6.21)
  • FMCG (5.45)
  • Automobile (4.86)
  • Pharmaceuticals (4.)
  • Auto Ancillaries (2.9)
  • Power Generation & Distribution (2.32)
  • Refineries (1.85)
  • Tobacco Products (1.67)


  • Top 5 Sector Allocations of the Fund
    Top 5 Company Allocations of the Fund
    Debt Composition