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Balanced Advantage Fund

ICICI Prudential Balanced Advantage Fund is an Open ended Equity Fund that aims to make investing easy and less stressful, by allocating between different investment options as per changing market conditions. Now you need not worry about when to enter and exit the market.


Key Benefits:

  • The Fund aims to offer an opportunity for reasonable returns at commensurate risk levels.
  • The Fund seeks to provide investors a reasonable opportunity to benefit out of market volatility, since the Fund is structured with intent to benefit from such volatilities.
  • In a falling market, the Fund endeavours to be defensive and vice versa.
  • Investors can continue to participate in India?s long-term growth potential by making lump-sum investments in this fund.

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Key Features

Type of scheme

An Open-ended Equity Fund

Investment Objective

The investment objective of the Scheme is to provide medium to long term capital gains and/or dividend distribution by investing in a well diversified portfolio of predominantly equity and equity related instruments, which offer attractive dividend yield. However, there can be no assurance that the investment objectives of the scheme will be realized.

Options

Direct Plan ? Growth and Dividend (Reinvestment & Payout Option)
Regular Plan ? Growth and Dividend (Reinvestment & Payout Option)

Minimum Application Amount

Rs 5,000 (plus in multiple of Rs.1)

Min. Add. Application

Amount Rs 1,000 (plus in multiple of Re.1)

Min. Redemption Amount

Rs 500 (plus in multiple of Re.1)

Entry Load

Not Applicable

Exit Load

For investments upto 18 months ? 1% of applicable NAV

Benchmark Index

CRISIL Balanced Fund Index - A blend of the CNX Nifty Index (65%) and the CRISIL Composite Bond Fund Index (35%)

Fund Manager

Equity Portion: Manish Gunwani
Debt Portion: Manish Banthia

Downloads

Scheme Information Document

KIM & Application Form

Product Leaflet

Product Presentation

This product is suitable for investors who are seeking* :

  • Long term wealth creation solution
  • An equity fund that aims for growth by investing in equity and derivatives
  • High Risk.(BROWN)

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


Note: Risk is represented as:


Contact Us

Toll Free Number

1800-222-999 MTNL / BSNL

1800-200-6666 Others

enquiry@icicipruamc.com

© 2013 ICICI Prudential Asset Management Company. All rights reserved

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