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What is ICICI Prudential Balanced Advantage Fund Overview about?

ICICI Prudential Balanced Advantage Fund, launched in December 2006, is a hybrid fund that dynamically allocates assets between equity and fixed-income securities, making it suitable for conservative investors. The fund has shown varied returns over the years, with a total return of 16.52% in 2022 and a NAV of ₹67.99 as of March 2025. Investors should consider a long-term horizon of over five years and are advised to invest through the SIP route.

Author

ashu

Language

EN