Scheme

ICICI Prudential Balanced Advantage Fund

Holds 109 companies worth ₹53,925 Cr in Sept 2026.

Fund house
ICICIThe fund house that runs this scheme.
AUM
₹71,913 CrICICI Prudential Balanced Advantage Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 4.6% on Aug 2026, ₹75,399 Cr.
Largest holding
TVS Motor Co LtdTVS Motor Co Ltd is 6.3% of this scheme's NAV.
Fund manager
Sri SharmaRuns it since 4 May 2021, as the fund house dates it. With Rajat Chandak (co-manager), Manish Banthia (co-manager), Akhil Kakkar (co-manager), Sharmila D'silva (overseas).

Overview^{(2 Sept 2026)}

Fund managers5

Sri SharmaFund manager, equity · May 2021 · 8y · CFA M.Com
Rajat ChandakCo-manager · Sept 2015 · 17y · PGDM B.Com
Manish BanthiaCo-manager · Jul 2017 · 22y · MBA B.Com
Akhil KakkarCo-manager · Jan 2024 · 18y · PGDM B.Tech
Sharmila D'silvaOverseas · Sept 2025

Key facts

Benchmark: CRISIL Hybrid 50+50 Moderate Index
Expense: Regular 1.54% · Direct 1.04%
Exit load: 1% within 1 year
Started: 30 Dec 2006
Minimum: ₹500

Source.Its Scheme Summary Document as of 2 Sept 2026 at AMFI.

What changed^{(12 changes)}

Aug 2026

1 change

Expense ratio
31 AugRegular 1.35% → 1.54%Direct 0.85% → 1.04%

Jun 2026

2 changes

Ihab Dalwai left
14 Junran it as co-manager from Jan 2018
Expense ratio
14 JunRegular 1.43% → 1.35%Direct 0.86% → 0.85%

Jan 2026

1 change

Expense ratio
5 JanRegular 1.44% → 1.43%

Source.Its filings at NSE, since Sept 2024.

Fund managers over time^{(Sept 2015 – now)}

MainCoSlice201620182020202220242026

Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs^{(Sept 2024 – Sept 2026)}

Every change to the expense ratio, newest first.
9 changes	Regular	Direct	Δ pt
31 Aug 2026	1.54%	1.04%	0.19
14 Jun 2026	1.35%	0.85%	0.01
5 Jan 2026	1.43%	0.86%	0
11 Aug 2025	1.44%	0.86%	0.01
10 Jul 2025	1.44%	0.85%	0.01
8 May 2025	1.44%	0.84%	0.03
7 Nov 2024	1.46%	0.87%	0.03
9 Oct 2024	1.45%	0.84%	0.01
9 Sept 2024	1.46%	0.85%	–

Direct plan, 31 Aug 2026

1.04%

Regular plan 1.54% · Exit load 1% within 1 year

Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk^{(2 Sept 2026)}

Objective

To provide capital appreciation/income by investing in equity and equity related instruments including derivatives and debt and money market instruments. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Risk, type and benchmark

At launch: High
Type: Open Ended
Benchmark: CRISIL Hybrid 50+50 Moderate Index

Asset allocation it may hold% of NAV

Equity & Equity related instruments
Allowed65–100%Holds74.7%
Debt and Money Market Instruments, including Units of Debt oriented mutual fund schemes
Allowed0–35%

Holds in Sept 2026.74.7% equity · 25.0% debt and cash · 0.3% REITs and InvITs

How to invest^{(2 Sept 2026)}

Buying

To start: ₹500, then in multiples of ₹1
To add: ₹100, then in multiples of ₹1
SIP how often: Daily,Weekly,Fortnightly,Monthly,Quarterly
SIP dates: Daily = Daily (only business days) Weekly = Anyday (Monday to Friday)* Fortnightly = 1st and 16th day of each month as applicable Monthly = Any day* Quarterly = Any day* *In case the date chosen for SIP falls on a Non-Business Day or on a date which is not available in a particular month, the SIP will beprocessed on the immediate next Business.
SIP minimum: Daily,Weekly,Fortnightly,Monthly = Rs. 100 Quarterly = Rs. 5,000 Choti SIP = Monthly = Rs. 250 only (For classifying as Choti SIP amount should not be more or less than Rs.250/-), then re. 1/-
SIP instalments: Daily,Weekly,Fortnightly,Monthly = 6 Quarterly = 4 Choti SIP = Monthly = 60

Selling and switching

To redeem: Any amount
Switch minimum: ₹500
Switch multiples: Any amount
STP how often: Daily,Weekly,Monthly,Quarterly,Fortnightly
STP dates: Daily = Daily (only business days) Weekly = Anyday (Monday to Friday)* Monthly = Any day* Quarterly = Any day* Fortnightly = 1st and 16th day of each month as applicable *In case the date chosen for STP falls on a non-business day or on a day which is not available in a particular month, the STP will be processed on the immediate next business day.
STP minimum: Monthly, Weekly, Fortnightly,Quarterly = Rs. 1,000 Daily = Rs. 250, then re. 1/-
STP instalments: Daily,Weekly,Monthly,Fortnightly = 6 Quarterly = 4
SWP how often: Monthly,Quarterly, Half Yearly,Annual
SWP dates: Monthly = Any day* Quarterly= Any day* Half Yearly = Any day* Annual = Any day* *In case none of the frequencies has been selected then Monthly frequency shall be considered as the Default frequency and where no withdrawal date is selected, 1st business day of the month shall be considered as the default SWP date.
SWP minimum: Any amount, then re. 1/-
SWP instalments: Monthly,Quarterly, Half Yearly,Annual = 2

Scheme details^{(2 Sept 2026)}

What it is

Category: Hybrid - Dynamic Asset Allocation/Balanced Advantage Fund
Offer: 8 Nov 2006 to 7 Dec 2006
Started: 30 Dec 2006
Reopened: 5 Jan 2007
Plans: ICICI Prudential Balanced Advantage Fund - Direct Plan - Growth · ICICI Prudential Balanced Advantage Fund - Direct Plan - IDCW · ICICI Prudential Balanced Advantage Fund - Direct Plan - IDCW - Monthly · ICICI Prudential Balanced Advantage Fund - Growth · ICICI Prudential Balanced Advantage Fund - IDCW · ICICI Prudential Balanced Advantage Fund - IDCW - Monthly
Face value: ₹10
Listed: No

How it is run

Swing pricing: No
Side-pocketing: Provisions for Segregated Portfolio have been added as as enabler
Custodian: Citibank N.A.,HDFC Bank Limited, HSBC and SBI-SG Global Securities Services Private Limited
Auditor: BSR & Co. LLP
Registrar: Computer Age Management Services Limited
SEBI code: ICIC/O/H/BAF/06/09/0030