ICICI PRUDENTIAL BALANCED ADVANTAGE FUND - REGULAR - GROWTH

Product name Return type 1 yr(%) 3 yr(%) 5 yr(%)

ICICI PRUDENTIAL BALANCED ADVANTAGE FUND - REGULAR - GROWTH

market linked 4.55 % 5.39 % 7.82 %

BenchMark : CRISIL Hybrid 50+50 - Moderate Index*

BenchMark Return - - -

Value of Rs. 1,00,000 Invested

current value 104550 117057 145712
scheme objective The investment objective of Wealth Optimiser Plan under the scheme is to seek to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments.
Category Mutual Fund>Equity>Hybrid
Fund Type Open Ended
Fund Manager Ihab Dalwai, Manish Banthia, Rajat Chandak, S Nar
Minimum Amount for Lumpsum Investment (Rs.) 500
Minimum Amount for SIP Investment (Rs.) 1000
Nav Date 21/09/2020
Nav 37.72
AUM (Cr.) 26638.14
AUM Date 31/08/2020
Expense Ratio Currently 2
Expense Ratio Date Currently 21/09/2020
Modified Duration(Yrs) -
Modified Duration Date(Yrs) -
YTM -
YTM Date -
Entry Load Nil
Exit Load If redeemed bet. 0 Year to 1 Year Exit Load is 1 %
Tax Treatment of Income 15% short term capital gains tax, 10% long term capital gains tax on incremental gains above 1 Lac in a given financial year.
Tax Benefit on Investment Not Available
Withdrawal Anytime
Pros Captures market volatility to its advantage, Consistent Outperformer
Cons May underperform in bull market
Risk Factor All investments in mutual funds are subject to market risks and the NAV of the schemes may go up or down depending upon the factors and forces affecting the securities market and there can be no assurance that the fund's objectives will be achieved. Past performance of the Fund does not indicate the future performance of the Schemes of the Fund.
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