Icici Prudential Ipo 2020

Icici prudential ipo 2020


ICICI Prudential Balanced Advantage Fund: Fund review

The scheme is the top performer in the five and 10-year periods.

Icici prudential ipo 2020

Experts believe that such schemes tend to do well only in the long term.

Updated: Dec 17, 2019, 01.49 PM IST

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Icici prudential ipo 2020

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In times when markets trade at high valuations and it becomes difficult to gauge its direction, it makes sense to stay invested with balanced advantage or dynamic asset allocation schemes.

Depending upon the valuation of markets, balanced advantage schemes allocate 40-60% of their portfolios to equities and the remaining portion in arbitrage and debt products.

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This flexibility helps to a considerable extent to tide over the prevailing uncertainties in the markets, especially in the long term.

Among balanced advantage schemes, ICICI Prudential Balanced Advantage Fund is the top performer in the past five-year and 10-year periods.

ICICI Prudential IPO

It has given returns of 9.2% and 12% in the past five-year and 10-year periods, respectively, when its peers generated average returns of 8.9% and 9.7% over the same time periods. The scheme’s fund managers S Naren, Rajat Chandak, and Dharmesh Kakkad have constructed a balanced and well-diversified portfolio which includes a fair amount of well-placed large- and blue-chip companies and AAA-rated debt securities.

All You Need To Know About The ICICI Prudential IPO

Retail investors may consider adding this scheme to the portfolio with an investment horizon of at least five years as such schemes tend to do well only in the long term.

Portfolio Change (Past 6 months)

New EntrantsComplete ExitsIncrease in Allocation
BPCLDabur IndiaICICI Lombard General Insurance

Reddy's Laboratories

Oil India
Divis LaboratoriesGlaxosmithkline Comsumer HealthcareMahindra & Mahindra Financial Services
Equitas HoldingsIndusInd BankOberoi Realty
Inox LeisureMarico, Max FinancialServices, Petronet LNGUnited Breweries
Jubilant FoodWorksICICI Prudential Life Insurance
Kalpataru Power TransmissionPage Industries
LIC Housing FinancePower Grid Corporation of India
Natco Pharma

Returns (In %)
Period CAGR ReturnSIP CAGR ReturnBalanced Advantage Fund - Average CAGR Return (%)
1 Year11.0415.169.30
3 Year10.109.419.46
5 Year9.249.818.07
Source: Accord Fintech, Complied by ETIG Database

Expert Take
Vishal Dhawan, Founder, Plan Ahead Wealth Advisors
An excellent scheme that has performed over a long period.

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Ideal for conservative investors. They can invest lump sum.

Not to be Missed

The flexibility in shifting investments from equity to debt and vice versa depending upon the attractiveness of each asset class suits retail investors. To a large extent, this flexibility helps protect the portfolio value better in a down market.

Icici prudential ipo 2020