ICICI Prudential Balanced Advantage Fund - Direct Plan - Monthly IDCW
ICICI Prudential Mutual Fund
· Direct plan
· IDCW Payout
ISIN: INF109K016W7
· AMFI code: 122236
ICICI Prudential Balanced Advantage Fund - Direct Plan - Monthly IDCW is a Dynamic Asset Allocation or Balanced Advantage hybrid scheme offered by ICICI Prudential Mutual Fund. The fund is benchmarked to CRISIL Hybrid 50+50 – Moderate Index and managed by Manish Banthia, Rajat Chandak, Akhil Kakkar, Ihab Dalwai, Sri Sharma, Sharmila D'silva (overseas). The Direct plan carries a total expense ratio of 0.85% as of Jun 3, 2026.
Quick facts
| AMC | ICICI Prudential Mutual Fund |
|---|---|
| Category | Hybrid › Dynamic Asset Allocation or Balanced Advantage |
| Plan and option | Direct · IDCW Payout |
| Launch date | December 30, 2006 |
| Fund manager | Manish Banthia, Rajat Chandak, Akhil Kakkar, Ihab Dalwai, Sri Sharma, Sharmila D'silva (overseas) |
| Benchmark | CRISIL Hybrid 50+50 – Moderate Index |
| Total expense ratio | 0.85% (as of Jun 3, 2026) |
| Minimum investment | ₹500 |
| Exit load | NIL if units are redeemed or switched out up to 30% of units purchased or switched within 1 year from the date of allotment; 1% of the applicable NAV if units are redeemed or switched out in excess of that limit within 1 year from the date of allotment; and NIL if units are redeemed or switched out after 1 year from the date of allotment. |
Expense ratio breakdown (Direct plan)
Per SEBI Regulation 52(6), the total expense ratio is the sum of four components.
| Base TER | 0.6800% |
|---|---|
| Additional expense, Reg 52(6A)(b) | 0.0000% |
| Additional expense, Reg 52(6A)(c) | 0.0500% |
| GST | 0.1200% |
| Total | 0.8500% |
Investment 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.
Related plans and options
- Direct · IDCW Payout (ISIN: INF109K015W9)
Documents
Recent changes
Statutory changes (per SEBI addendums)
No statutory changes recorded yet for this scheme. Older addendums issued before this page went live are reflected in the current SID.
Other tracked updates
No tracked field updates yet.
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