The scheme seeks to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments.
Exit Load1.00%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsNA
Sharmila D'Silva
Ms. D'Silva is CA and BAF
She joined ICICI Prudential AMC Limited in September 2016.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of ICICI Prudential Balanced Advantage Fund is ₹75.63 as of 2026-10-12.
ICICI Prudential Balanced Advantage Fund is classified as a Dynamic Asset Allocation fund.
ICICI Prudential Balanced Advantage Fund is managed by ICICI Prudential Mutual Fund.
The Assets Under Management (AUM) of ICICI Prudential Balanced Advantage Fund is ₹2,023 Cr.
The expense ratio of ICICI Prudential Balanced Advantage Fund is 1.56%.
ICICI Prudential Balanced Advantage Fund is managed by Sharmila D'Silva.
The minimum SIP investment for ICICI Prudential Balanced Advantage Fund is ₹100.
The exit load for ICICI Prudential Balanced Advantage Fund is 1%.
As per the SEBI Riskometer, ICICI Prudential Balanced Advantage Fund carries a Very High risk level.
ICICI Prudential Balanced Advantage Fund has delivered -0.16% (1Y), 9.24% (3Y) and 8.99% (5Y) annualised returns as of 2026-10-12.
ICICI Prudential Balanced Advantage Fund was launched on 1993-10-12.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
