ICICI Prudential Blended

NAV Date 05-01-2021
Fund Name Category NAV NAV Change 1 year %
ICICI Pru Balanced Advantage Fund(G) Hybrid - Equity Oriented 42.92 0.1100 12.39
ICICI Pru Bluechip Fund(G) Equity - Large Cap 51.47 0.2800 15.27
ICICI Pru Equity & Debt Fund(G) Hybrid - Equity Oriented 154.99 0.3700 10.19
ICICI Pru LT Equity Fund (Tax Saving)(D) Equity - Tax Saving 20.32 0.1200 15.20
ICICI Pru Midcap Fund(G) Equity - Mid Cap 116.97 0.6000 22.14
ICICI Pru Multi-Asset Fund(G) Equity - Large Cap 310.62 0.4330 11.26
ICICI Pru Savings Fund(G) Debt - Liquid 414.9 0.1514 08.50
ICICI Pru Short Term Fund(G) Debt - Short Term Income 45.78 0.0266 10.50
ICICI Pru Value Discovery Fund(G) Equity - Large Cap 179.62 0.5300 25.24
ICICI Pru Child Care Fund-Gift Plan Hybrid - Equity Oriented 161.3 0.6300 10.18
ICICI Pru Child Care Fund-Gift Plan-Direct Plan Hybrid - Equity Oriented 171.53 0.6800 10.88
ICICI Pru Equity & Debt Fund(G)-Direct Plan Hybrid - Equity Oriented 167.67 0.4000 10.78
ICICI Pru FMCG Fund(D)-Direct Plan Equity - FMCG 117.07 0.2700 12.97
ICICI Pru FMCG Fund(G) Equity - FMCG 276.93 0.6400 12.25
ICICI Pru FMCG Fund(G)-Direct Plan Equity - FMCG 293.79 0.6900 12.98
ICICI Pru Floating Interest Fund(D) Debt - Ultra Short Term 163.66 0.0861 09.42
ICICI Pru Floating Interest Fund(D)-Direct Plan Debt - Ultra Short Term 169.12 0.0923 10.22
ICICI Pru Floating Interest Fund(DP) Debt - Ultra Short Term 163.66 0.0861 09.42
ICICI Pru Floating Interest Fund(DP)-Direct Plan Debt - Ultra Short Term 169.12 0.0923 10.22
ICICI Pru Floating Interest Fund(G) Debt - Ultra Short Term 324.11 0.1703 09.42
ICICI Pru Floating Interest Fund(G)-Direct Plan Debt - Ultra Short Term 343.46 0.1873 10.22
ICICI Pru LT Equity Fund (Tax Saving)(G)-Direct Plan Equity - Tax Saving 490.96 2.8900 16.13
ICICI Pru Large & Mid Cap Fund(G) Equity - Large Cap 380.64 0.6000 13.85
ICICI Pru Large & Mid Cap Fund(G)-Direct Plan Equity - Large Cap 409.34 0.6600 14.73
ICICI Pru Liquid Fund(D) Debt - Liquid 151.98 0.0115 04.22
ICICI Pru Liquid Fund(D)-Direct Plan Debt - Liquid 152.62 0.0121 04.34
ICICI Pru Liquid Fund(DP)-Direct Plan Debt - Liquid 152.62 0.0121 04.34
ICICI Pru Liquid Fund(G) Debt - Liquid 300.86 0.0229 04.22
ICICI Pru Liquid Fund(G)-Direct Plan Debt - Liquid 302.46 0.0240 04.34
ICICI Pru Liquid Fund-Unclaimed Dividend Debt - Liquid 133.23 0.0108 04.39
ICICI Pru Liquid Fund-Unclaimed Redemption Debt - Liquid 133.23 0.0108 04.39
ICICI Pru Midcap Fund(G)-Direct Plan Equity - Mid Cap 125.9 0.6500 23.27
ICICI Pru Money Market Fund(D) Debt - Liquid 148.19 0.0279 06.17
ICICI Pru Money Market Fund(D)-Direct Plan Debt - Liquid 149.03 0.0285 06.29
ICICI Pru Money Market Fund(DP)-Direct Plan Debt - Liquid 149.03 0.0285 06.29
ICICI Pru Money Market Fund(G) Debt - Liquid 290.64 0.0548 06.17
ICICI Pru Money Market Fund(G)-Direct Plan Debt - Liquid 292.74 0.0562 06.29
ICICI Pru Multi-Asset Fund(G)-Direct Plan Equity - Large Cap 331.31 0.4566 11.99
ICICI Pru Multicap Fund(G) Equity - Multi Cap 334.35 2.2900 10.88
ICICI Pru Multicap Fund(G)-Direct Plan Equity - Multi Cap 358.92 2.4700 11.97
ICICI Pru Nifty 100 ETF Equity - ETF 154.5 0.9538 17.07
ICICI Pru Nifty ETF Equity - ETF 150.73 0.7064 17.01
ICICI Pru Nifty Index Fund(G) Equity - Index 138.01 0.6439 16.44
ICICI Pru Nifty Index Fund(G)-Direct Plan Equity - Index 142.48 0.6662 16.89
ICICI Pru Savings Fund(D) Debt - Ultra Short Term 165.78 0.0605 08.50
ICICI Pru Savings Fund(D)-Direct Plan Debt - Ultra Short Term 167.47 0.0616 08.61
ICICI Pru Savings Fund(DP)-Direct Plan Debt - Ultra Short Term 167.47 0.0616 08.61
ICICI Pru Savings Fund(G)-Direct Plan Debt - Ultra Short Term 418.47 0.1540 08.61
ICICI Pru Sensex ETF Equity - ETF 521.39 2.8063 18.12
ICICI Pru Value Discovery Fund(G)-Direct Plan Equity - Multi Cap 192.62 0.5700 25.94
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The ICICI Prudential Blended fund is a fund that invests in both equities and debt markets. The equity investments are used to help increase the income from the interest earned from debt instruments and is meant for those looking for a long term wealth creation instrument. It offers investors two plan to pick from where the difference is the amount of the AUM that is invested in the debt markets. Most of the debt investments are made in short term instruments under plan B but in Plan A these investments are mostly in equities.

Type or nature of fund

This is an open-ended fund that can invest in equities and debt markets

Investment objective

The objective of the plan is to provide returns through investments made in the debt markets. It also uses the equity markets to bolster the returns and provide wealth creation solution in the long run.

Fund information

Inception date 31 May 2005
CRISIL rank 3 (A of June 2015)
Plans Regular and Direct
Options Growth and Dividend
Schemes
  • ICICI Prudential Blended Plan A - Direct Plan - Dividend
  • ICICI Prudential Blended Plan A - Direct Plan - Growth
  • ICICI Prudential Blended Plan A - Direct Plan Bonus
  • ICICI Prudential Blended Plan A - Regular Plan - Dividend
  • ICICI Prudential Blended Plan A - Regular Plan - Growth
Entry load Nil. If the scheme is invested in through a distributor then a commission may be payable by the investor to the distributor directly.
Exit load 0.5% if units are redeemed or switched within 3 months of allotment.
Minimum investment
  • New investments have to be a minimum of Rs. 5,000.
  • Additional investments have to be a minimum of Rs. 1,000.
SIP Not Available
Product label
  • The risk factor with this fund is Moderate.
  • It is aimed at those who are looking for wealth creation in the long term.
Benchmark CNX Nifty Index CNX Nifty is a free floating market capitalisation weighted index that is also known as Nifty 50 and Nifty. It covers 22 sectors of the Indian economy and is owned and operated by India Index Services and Products.
SWP Not Available
STP Available
Redemption The minimum amount that can be redeemed is Rs. 500 and any amount higher that it needs to be in multiples of Re. 1.

Fund manager(s)

Kayzad Eghlim (Equity)

  • Education: BCOM and MCOM
  • Past experience:
    • Vice President (Head – Dealing) - ICICI Prudential AMC Ltd
    • Associate Vice President (Dealer)– ICICI Prudential AMC Ltd
    • Dealer – IDFC Investment Advisors Ltd.
    • Manager - Prime Securities
    • Canbank Mutual Fund
  • Other funds managed
    • ICICI Prudential Index Fund
    • ICICI Prudential Nifty Junior Index Fund
    • SENSEX Prudential ICICI Exchange Traded Fund
    • ICICI Prudential Equity – Arbitrage Fund – Equity Portion
    • ICICI Prudential Nifty ETF
    • ICICI Prudential CNX 100 ETF

Manish Banthia (Debt)

  • Education: B.COM, CA and MBA
  • Past experience:
    • Aditya Birla Nuvo Ltd.
    • Aditya Birla Management Corporation Ltd.
  • Other funds managed
    • ICICI Prudential Equity Arbitrage Fund - Debt Portion
    • ICICI Prudential Short Term Plan
    • ICICI Prudential Blended Plan A – Debt Portion
    • ICICI Prudential Long Term Plan
    • ICICI Prudential Gold Exchange Traded Fund
    • ICICI Prudential Regular Gold Savings Fund
    • ICICI Prudential Child Care Plan – Study Plan – Debt portion
    • ICICI Prudential Child Care Plan – Gift Plan – Debt portion
    • ICICI Prudential Monthly Income Plan – Debt Portion
    • ICICI Prudential MIP 25 – Debt portion
    • ICICI Prudential Income Opportunities Fund
    • ICICI Prudential Income Plan
    • ICICI Prudential Balanced Fund – Debt Portion
    • ICICI Prudential Gilt Fund Investment Plan PF Option
    • ICICI Prudential Equity Income Fund – Debt portion

Investment philosophy or strategy

The philosophy that is followed by the fund managers is to take complete advantage of both the equity and debt markets by investing in both. The debt market investments can be made to hedge investments in the equity markets. With Plan A, investments in equity markets can also be increased to as much as 75% whereas in Plan B investments in the debt market are limited to short term schemes.

Portfolio

Company/Sector Investment
Debt Holdings 28.35%
Cash, Call, CBLO & Term Deposits 18.96%
Banks
  • HDFC Bank Ltd. 10.36%
  • HDFC Bank Ltd. - Futures -10.33%
  • UCO Bank 0.62%
  • UCO Bank - Futures -0.62%
  • Andhra Bank 0.30%
  • Andhra Bank - Futures -0.30%
  • The Karnataka Bank Ltd. 0.14%
  • The Karnataka Bank Ltd. - Futures -0.13%
11.41%
Finance
  • IDFC Ltd. 8.81%
  • IDFC Ltd. - Futures -8.65%
  • HDFC Ltd. 2.33%
  • HDFC Ltd. - Futures -2.32%
  • LIC Housing Finance Ltd. 1.46%
  • LIC Housing Finance Ltd. - Futures -1.47%
12.60%
Petroleum Products
  • Reliance Industries Ltd. 7.99%
  • Reliance Industries Ltd. - Futures -8.04%
  • Indian Oil Corporation Ltd. 0.18%
  • Indian Oil Corporation Ltd. - Futures -0.18%
8.17%
Corporate Securities
  • Export-Import Bank Of India CRISIL AAA 7.83%
7.83%
Pharmaceuticals
  • Lupin Ltd. 2.95%
  • Lupin Ltd. - Futures -2.95%
  • Cipla Ltd. 1.19%
  • Cipla Ltd. - Futures -1.19%
  • Strides Arcolab Ltd. 0.87%
  • Strides Arcolab Ltd. - Futures -0.87%
  • Biocon Ltd. 0.73%
  • Biocon Ltd. - Futures -0.73%
  • Aurobindo Pharma Ltd. 0.37%
  • Aurobindo Pharma Ltd. - Futures -0.37%
6.11%
Auto
  • Hero Motocorp Ltd. 2.04%
  • Hero Motocorp Ltd. - Futures -2.04%
  • Maruti Suzuki India Ltd. 1.81%
  • Maruti Suzuki India Ltd. - Futures -1.82%
  • Mahindra & Mahindra Ltd. 1.17%
  • Mahindra & Mahindra Ltd. - Futures -1.17%
5.02%
Cement
  • Grasim Industries Ltd. 3.74%
  • Grasim Industries Ltd. - Futures -3.74%
  • Century Textiles & Industries Ltd. 0.27%
  • Century Textiles & Industries Ltd. - Futures -0.26%
4.01%
Consumer Non Durables
  • ITC Ltd. 3.18%
  • ITC Ltd. - Futures -3.19%
  • Tata Global Beverages Ltd. 0.27%
  • Tata Global Beverages Ltd. - Futures -0.27%
3.45%
 

Risk measures

Sharpe ratio 2.02
Alpha  
Portfolio beta 0.19
Std deviation 0.55% (Annual)
 

Performance

AUM Rs. 654.06 crores (As of 30 June 2015)
NAV (As of June 30, 2015)
  • Regular Plan Growth Option: Rs. 21.7215
  • Regular Plan Dividend Option: Rs. 13.5502
  • Direct Plan Growth Option: Rs. 21.9638
  • Direct Plan Dividend Option: Rs. 13.5975
Expense ratio
  • ICICI Prudential Blended Plan A - Regular Plan - 0.78%
  • ICICI Prudential Blended Plan B - Regular Plan Option 1 - 0.24%
  • ICICI Prudential Blended Plan A - Direct Plan - 0.45%
  • ICICI Prudential Blended Plan B - Direct Plan - 0.45%
 

Returns

   2014-2015 (Absolute Returns) 2013-2014 (Absolute Returns) 2012-2013 (Absolute Returns) Compound Annual Growth Rate (Since Inception)
Scheme 8.28% 9.43% 9.75% 7.99%
NIFTY 9.95% 30.28% 10.67% 14.76%
NAV (in Rs.) 20.0602 18.3310 16.7018 -
 

The growth in this fund can be understood better by taking an example. Let us suppose Rs. 10,000 was invested in this fund at the time of its inception. That would mean that today, assuming an NAV of Rs. 10, the value of the original investment would be Rs. 21, 721.5. This is lower than the benchmark for this fund where the original investment would be valued at Rs. 40087.66.

Expert view of the fund

The returns that this fund has provided since launch have been about 7.95%. When it is compared to its benchmark one can see that it has not performed as well as its benchmark but it has provided average returns for moderate risks. It is ideal for someone looking to create wealth without taking too much of a risk and through investments in large cap stocks. It brings the advantages of cash-future arbitrage to investors along with bolstering debt income with income from interests.

How to apply

To apply for the ICICI Prudential Blended fund there are two options. The first is the offline option where investors can approach the ICICI Prudential branch or its distributors for help with investing in these funds. They will be helped with understanding the fund and also with help in filling out the application forms and making the investments. When it comes to payments, they can be made via cheques and demand drafts.

For those who are interest in online investing options, there is the company website where investors can register and start investing in these funds. The payment for online purchase of funds can be done via debit cards, online banking or even NEFT and RTGS transfers.

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Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

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