ICICI Pru Balanced Advantage Fund(G)-Direct Plan
View the regular plan of this scheme
Rs 78.34 0.12(0.153 %) NAV as on 10 Sep 2024
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 10 Sep 2024)
| 6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
|---|---|---|---|---|---|
| Scheme | 10.46 % | 22.87 % | 14.40 % | 15.52 % | 13.79 % |
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.
