ICICI Pru Balanced Advantage Fund (G) Mutual fund

ICICI Pru Balanced Advantage Fund (G)

Q: How to Invest in ICICI Pru Balanced Advantage Fund through Rupeezy?

Go to the Rupeezy App Click on the Explore tab on the lower navigation bar. Select the category of funds, e.g., Equity - Large Cap or any other. View and compare all funds in the category on a Risk-Return graph. Select the fund you want to invest in. Choose Lumpsum or SIP. Select Investment Amount & make payment using UPI or Net Banking.

Q: Is ICICI Pru Balanced Advantage Fund good?

The ICICI Pru Balanced Advantage Fund has an AUM of ₹60534.08 Cr as on 12/20/2024. The scheme has delivered CAGR returns for the past 3 years against a category average of 11.83%. The risk is High against the category average of 39.87.

Q: Is ICICI Pru Balanced Advantage Fund tax free?

Mutual fund taxation depends on the scheme type and investment holding period. Taxation on hybrid funds: If equity allocation is 65% or above: STCG of 20% is applicable if units are sold within one year of purchase. For units sold after one year of purchase, LTCG of 12.5% is levied on gains above ₹1.25 lakhs in a financial year. If debt allocation in a hybrid fund is 65% or more, gains are added to income and taxed as per slab rate irrespective of the holding period.

Q: What is the lock-in period of ICICI Pru Balanced Advantage Fund?

There is no lock-in period applicable on ICICI Pru Balanced Advantage Fund.

Q: What is the expense ratio of ICICI Pru Balanced Advantage Fund?

The expense ratio of ICICI Pru Balanced Advantage Fund is 1.46%.

Hybrid

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Dynamic Asset Allocation

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Fund Details

Current NAV

₹69.42

Expense Ratio

1.46%

Min SIP

₹100

Fund Size

₹60534Cr

Min Investment

₹500

Lock In

Scheme Information Document

Exit load: IF units purchased or switched in from another scheme of the Fund are redeemed or switched out up to 30% of the units (the limit) purchased or switched within 1 year from the date of allotment - Nil 1.00% - If units purchased or switched in from another scheme of the Fund are redeemed or switched out in excess of the limit within 1 year from the date of allotment. Nil - If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 1 year from the date of allotment.

Fund Performance

Alpha

3.37%

Beta

0.38

Sharpe Ratio

1.0541

Risk

5.08%

Above numbers are based upon past 3 years

Returns Calculator

Holding Pattern

Riskometer

Peer Comparison

Fund Management

Fund House Details

ICICI Pru Balanced Advantage Fund (G) FAQs

Q1. How to Invest in ICICI Pru Balanced Advantage Fund through Rupeezy?

Q2. Is ICICI Pru Balanced Advantage Fund good?

Q3. Is ICICI Pru Balanced Advantage Fund tax free?

Q4. What is the lock-in period of ICICI Pru Balanced Advantage Fund?

Q5. What is the expense ratio of ICICI Pru Balanced Advantage Fund?

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