ICICI PRU BALANCED ADVANTAGE FUND(G)

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

ICICI PRU BALANCED ADVANTAGE FUND(G)

market linked 20.38 % 11.33 % 16.62 %

BenchMark : CRISIL Hybrid 50+50 - Moderate Index

BenchMark Return - - -

Value of Rs. 1,00,000 Invested

current value 120380 137986 215707
scheme objective 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 Manish Banthia
Minimum Amount for Lumpsum Investment (Rs.) 500
Minimum Amount for SIP Investment (Rs.) 1000
Nav Date 01/03/2021
Nav 44.45
AUM (Cr.) 28256.68
AUM Date 31/01/2021
Expense Ratio Currently 2
Expense Ratio Date Currently 28/09/2020
Modified Duration(Yrs) -
Modified Duration Date(Yrs) -
YTM -
YTM Date -
Entry Load Nil
Exit Load Nil upto 10% of units and 1% for Excess units on or before 1Y, Nil after 1Y
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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