NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹77.40
-0.26%
NAV as on 05 Feb 26, 12:00 AM
very high risk
dynamic asset allocation
equity
NAV as on 05 Feb 26, 12:00 AM
very high risk
dynamic asset allocation
equity
11.24%p.a.
Last 1Y
13.59%p.a.
Last 3Y
11.95%p.a.
Last 5Y
11.30%p.a.
Since Inception
About ICICI Prudential Balanced Advantage-Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Balanced Advantage-Growth scheme from ICICI Prudential Asset Management Company Limited. It is a Dynamic Asset Allocation mutual fund scheme that predominantly invests in Dynamic Asset Allocation stocks of companies. Launched on Dec 2006, ICICI Prudential Balanced Advantage-Growth is Dynamic Asset Allocation fund of its category with 70,534.59 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Dynamic Asset Allocation funds.
- ICICI Prudential Balanced Advantage-Growth delivered 11.2% annual returns during the last year. It has delivered 11.3% average annual returns since the fund was launched.
- ICICI Prudential Balanced Advantage-Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund 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.
Top 10 Holdings
ABB India Ltd
0.15%
ACC Ltd
0.06%
Ambuja Cements Ltd
0.16%
Apollo Hospitals Enterprise Ltd
0.27%
Asian Paints Ltd
0.72%
Atul Ltd
0.14%
Axis Bank Ltd
1.76%
Bajaj Finance Ltd
0.41%
Bajaj Finserv Ltd
0.71%
Bharat Petroleum Corporation Ltd
0.02%
Fund Managers
- Sankaran Naren (Jul 2017 - Present)
- Rajat Chandak (Sep 2015 - Present)
- Manish Banthia (Nov 2009 - Present)
- Ihab Dalwai (Jan 2018 - Present)
- Sri Sharma (Apr 2021 - Present)
- Sharmila D'Silva (Jul 2022 - Present)
- Akhil Kakkar (Jan 2024 - Present)
Key Information
View Scheme Document
ICICI Prudential Balanced Advantage-Growth SIP Calculator
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Fixed Deposit
NRI Mutual Fund Tax on ICICI Prudential Balanced Advantage-Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in ICICI Prudential Balanced Advantage-Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in ICICI Prudential Balanced Advantage-Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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ICICI Prudential Balanced Advantage Fund Monthly Rnvstmnt of Inc Dist cum Cap Wdrl
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Frequently Asked Questions
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