ICICI Pru Balanced Advantage Fund(G)-Direct Plan
View the regular plan of this scheme
Rs 77.27 -0.07(-0.091 %) NAV as on 03 Apr 2025
Scheme Objective: To provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments.
Performance (As on 03 Apr 2025)
6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
---|---|---|---|---|---|
Scheme | -1.63 % | 8.12 % | 12.35 % | 19.59 % | 12.99 % |
Portfolio
Balanced advantage funds invest in stocks, but hedge part of this exposure through derivatives. They also maintain a portion of their portfolio in debt instruments. These funds shift allocations to equity, derivatives and debt based on market movement and valuations. These funds offer lower-risk participation to equity and are less volatile than even aggressive hybrid funds.
These funds suit all investors, but especially conservative investors who wish for low-volatile equity exposure. These funds need to be held for a minimum of 1.5 years.