ICICI Prudential Blended

NAV Date 12-12-2019
Fund Name Category NAV NAV Change 1 year %
ICICI Pru Balanced Advantage Fund(G) Hybrid - Equity Oriented 37.59 0.1000 10.79
ICICI Pru Bluechip Fund(G) Equity - Large Cap 43.67 0.1900 09.86
ICICI Pru Equity & Debt Fund(G) Hybrid - Equity Oriented 136.9 0.8500 09.11
ICICI Pru LT Equity Fund (Tax Saving)(D) Equity - Tax Saving 19.6 0.1000 06.07
ICICI Pru Midcap Fund(G) Equity - Mid Cap 93.15 0.5900 -00.72
ICICI Pru Multi-Asset Fund(G) Equity - Large Cap 270.64 1.5610 07.37
ICICI Pru Savings Fund(G) Debt - Liquid 380.07 0.0362 08.85
ICICI Pru Short Term Fund(G) Debt - Short Term Income 41.05 0.0021 09.61
ICICI Pru Value Discovery Fund(G) Equity - Large Cap 139.65 0.3800 00.85
ICICI Pru Child Care Fund-Gift Plan Hybrid - Equity Oriented 143.01 0.3000 08.01
ICICI Pru Child Care Fund-Gift Plan-Direct Plan Hybrid - Equity Oriented 151.05 0.3200 08.92
ICICI Pru Equity & Debt Fund(G)-Direct Plan Hybrid - Equity Oriented 147.27 0.9200 09.85
ICICI Pru FMCG Fund(G) Equity - FMCG 245.59 0.8400 05.43
ICICI Pru FMCG Fund(G)-Direct Plan Equity - FMCG 258.71 0.8900 06.53
ICICI Pru Floating Interest Fund(B) Debt - Ultra Short Term 148.65 0.0182 08.54
ICICI Pru Floating Interest Fund(D) Debt - Ultra Short Term 148.6 0.0181 08.50
ICICI Pru Floating Interest Fund(D)-Direct Plan Debt - Ultra Short Term 152.37 0.0217 09.72
ICICI Pru Floating Interest Fund(DP) Debt - Ultra Short Term 148.6 0.0181 08.50
ICICI Pru Floating Interest Fund(DP)-Direct Plan Debt - Ultra Short Term 152.37 0.0217 09.72
ICICI Pru Floating Interest Fund(G) Debt - Ultra Short Term 294.28 0.0360 08.50
ICICI Pru Floating Interest Fund(G)-Direct Plan Debt - Ultra Short Term 309.44 0.0441 09.35
ICICI Pru Floating Interest Fund-Option A(G) Debt - Ultra Short Term 294.63 0.0361 08.51
ICICI Pru Floating Interest Fund-Option B(G) Debt - Ultra Short Term 318.13 0.0390 08.51
ICICI Pru LT Equity Fund (Tax Saving)(G)-Direct Plan Equity - Tax Saving 408.67 1.9900 08.98
ICICI Pru Large & Mid Cap Fund(G) Equity - Large Cap 325.21 1.8900 05.23
ICICI Pru Large & Mid Cap Fund(G)-Direct Plan Equity - Large Cap 346.88 2.0200 06.13
ICICI Pru Liquid Fund(B)-Direct Plan Debt - Liquid 146.1 0.0210 06.80
ICICI Pru Liquid Fund(D) Debt - Liquid 145.31 0.0206 06.72
ICICI Pru Liquid Fund(D)-Direct Plan Debt - Liquid 145.75 0.0209 06.80
ICICI Pru Liquid Fund(DP)-Direct Plan Debt - Liquid 145.75 0.0209 06.80
ICICI Pru Liquid Fund(G) Debt - Liquid 287.66 0.0406 06.72
ICICI Pru Liquid Fund(G)-Direct Plan Debt - Liquid 288.84 0.0414 06.80
ICICI Pru Liquid Fund-Inst(G) Debt - Liquid 453.43 0.0599 06.34
ICICI Pru Liquid Fund-Inst-1(G) Debt - Liquid 270.2 0.0365 06.43
ICICI Pru Liquid Fund-Ret(G) Debt - Liquid 442.1 0.0585 06.34
ICICI Pru Money Market Fund(B)-Direct Plan Debt - Liquid 147.58 0.0225 08.26
ICICI Pru Money Market Fund(G) Debt - Liquid 272.76 0.0405 08.12
ICICI Pru Money Market Fund(G)-Direct Plan Debt - Liquid 274.4 0.0417 08.25
ICICI Pru Money Market-Ret(G) Debt - Liquid 299.83 0.0418 07.77
ICICI Pru Multi-Asset Fund(G)-Direct Plan Equity - Large Cap 286.67 1.6598 08.17
ICICI Pru Multicap Fund(G) Equity - Multi Cap 291.75 1.8500 05.56
ICICI Pru Multicap Fund(G)-Direct Plan Equity - Multi Cap 309.94 1.9700 06.58
ICICI Pru Savings Fund(B) Debt - Ultra Short Term 151.63 0.0145 08.85
ICICI Pru Savings Fund(D) Debt - Ultra Short Term 151.87 0.0145 08.85
ICICI Pru Savings Fund(D)-Direct Plan Debt - Ultra Short Term 153.25 0.0150 08.98
ICICI Pru Savings Fund(DP)-Direct Plan Debt - Ultra Short Term 153.25 0.0150 08.98
ICICI Pru Savings Fund(G)-Direct Plan Debt - Ultra Short Term 382.93 0.0374 08.98
ICICI Pru Savings Fund-Ret(G) Debt - Ultra Short Term 215.88 0.0163 08.06
ICICI Pru Sensex ETF Equity - ETF 431.94 1.7984 14.59
ICICI Pru Value Discovery Fund(G)-Direct Plan Equity - Multi Cap 148.88 0.4100 01.49
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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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