ICICI Pru Balanced Advantage Fund
The scheme seeks to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments.
Growthvine rating: 5/5 — ranked #2 of 35 in category.
Fund basics
| Category | Hybrid: Balanced Advantage |
|---|
| NAV | ₹75.79 (as of 2026-10-01) |
|---|
| AUM | ₹75,399 Cr |
|---|
| Expense ratio | 1.14% |
|---|
| Riskometer | High |
|---|
| Fund manager | Rajat Chandak |
|---|
| Exit load | For units in excess of 30% of the investment, 1% will be charged for redemption within 1 year |
|---|
Performance & risk
| 5-year annualised return | 9.33% |
|---|
| Sharpe ratio | 0.79 |
|---|
| Standard deviation | 7.59% |
|---|
| Max drawdown | −45.06% |
|---|
| Alpha | 0 |
|---|
| Beta | 0 |
|---|
Over 5 years, captured 99.4% of NIFTY 50 Hybrid Composite Debt 50:50 Index's upside and 58.9% of its downside.
Market cap allocation
| Large cap | 80.5% |
|---|
| Mid cap | 13.4% |
|---|
| Small cap | 6.1% |
|---|
Concentration
| Top 5 holdings | 18.9% |
|---|
| Top 10 holdings | 29.5% |
|---|
| Total holdings | 118 |
|---|
Top holdings
- TREPS — 7.4%
- Net Receivable / Payable — 6.8%
- TVS Motor Company Ltd. — 6.2%
- ICICI Bank Ltd. — 4.1%
- HDFC Bank Ltd. — 3.3%
- EMBASSY OFFICE PARKS REIT — 2.8%
- Reliance Industries Ltd — 2.6%
- Infosys Ltd — 2.5%
- Eternal Limited — 2.1%
- State Bank Of India — 2.0%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −2.4% | Q2 | #12 of 35 |
| 2025 | 12.2% | Q1 (Top) | #1 of 34 |
| 2024 | 12.3% | Q3 | #19 of 30 |
| 2023 | 16.5% | Q3 | #20 of 26 |
| 2022 | 7.9% | Q1 (Top) | #3 of 21 |