ICICI Prudential Balanced Advantage Fund vs quant Dynamic Asset Allocation Fund
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential Balanced Advantage Fund and quant Dynamic Asset Allocation Fund are both Balanced Advantage funds. In the 3 years to 30-10-2026, ICICI Prudential Balanced Advantage Fund (Direct) returned 10.6% a year and quant Dynamic Asset Allocation Fund (Direct) returned 12.8% a year. ICICI Prudential Balanced Advantage Fund charges 1.03% a year and quant Dynamic Asset Allocation Fund 1.55% (Direct plans). Their portfolios overlap 5.1%: they hold 8 of the same securities.
ICICI Prudential Balanced Advantage Fund
Balanced Advantage
- 3 year return
- 10.6%
- Expense ratio
- 1.03%
- NAV
- ₹85.81
quant Dynamic Asset Allocation Fund
Balanced Advantage
- 3 year return
- 12.8%
- Expense ratio
- 1.55%
- NAV
- ₹16.50
Which is better, ICICI Prudential Balanced Advantage or quant Dynamic Asset Allocation? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- quant Dynamic Asset Allocation returned more over 3 years: 12.8% a year against 10.6%.
- ICICI Prudential Balanced Advantage returned more over 1 year: 0.3% against −5.8%.
- ICICI Prudential Balanced Advantage costs less: 1.03% a year against 1.55% (Direct plans).
- ICICI Prudential Balanced Advantage swung less over 3 years: a standard deviation of 7.1% a year against 14.0%.
- ICICI Prudential Balanced Advantage fell less in its worst fall since 13-04-2023: −8.2% against −18.4%.
- ICICI Prudential Balanced Advantage holds more in large companies: 60.8% of the fund in large caps against 40.1%.
- ICICI Prudential Balanced Advantage is the larger fund: ₹71,913 Cr against ₹810 Cr.
- Their portfolios overlap 5.1%: 8 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | ICICI Prudential Balanced Advantage Fund | quant Dynamic Asset Allocation Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | quant Mutual Fund |
| Category | Balanced Advantage | Balanced Advantage |
| AUM | ₹71,913 Cr (30-09-2026) | ₹810 Cr (30-09-2026) |
| NAV | ₹85.81 (Direct) | ₹16.50 (Direct) |
| Expense ratio (Direct) | 1.03% | 1.55% |
| Expense ratio (Regular) | 1.56% | 3.01% |
| Riskometer | Not available | High |
| Benchmark | CRISIL Hybrid 50+50 - Moderate Index | NIFTY 50 Hybrid Composite Debt 50:50 Index |
| Launch date | 30-12-2006 | 12-04-2023 |
| Minimum investment | ₹500 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Rajat Chandak, Manish Banthia, Akhil Kakkar, Sri Sharma, Sharmila D'silva | Sandeep Tandon, Ankit Pande, Sameer Kate, Varun Pattani, Ayusha Kumbhat, Yug Tibrewal, Sanjeev Sharma |
| Exit load | • NIL - If units purchased or switched in from another scheme of the Fund are redeemed or switched out upto 30% of the units (the limit) purchased or switched within 1 year from the date of allotment. • 1% of the applicable NAV - If units purchased or switched in from another scheme of the Fund are redeemed or switched out in excess of the limit within 1 year from the date of allotment. • NIL - If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 1 year from the date of allotment. | Exit load of 1%, if redeemed within 15 days. |
ICICI Prudential Balanced Advantage vs quant Dynamic Asset Allocation: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| ICICI Prudential Balanced Advantage Fund (Direct) | +0.15% | −3.08% | +1.18% | +0.30% | +10.55% | +9.90% | +10.97% |
| quant Dynamic Asset Allocation Fund (Direct) | −1.60% | −4.36% | −1.99% | −5.79% | +12.82% | -- | -- |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | +9.14% | -- | -- |
Category average: the average of the 38 Balanced Advantage funds, same plan type.
ICICI Prudential Balanced Advantage vs quant Dynamic Asset Allocation: Year-wise Returns
| Year | ICICI Prudential Balanced AdvantageICICI Prudential Balanced Advantage | quant Dynamic Asset Allocationquant Dynamic Asset Allocation |
|---|---|---|
| 2026to date | −1.16% | −4.76% |
| 2025 | +12.87% | +5.25% |
| 2024 | +12.98% | +22.05% |
| 2023 | +17.24% | -- |
| 2022 | +8.62% | -- |
| 2021 | +15.86% | -- |
ICICI Prudential Balanced Advantage vs quant Dynamic Asset Allocation: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 136 of them, one for each trading day from 13-04-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
ICICI Prudential Balanced Advantage Fund (Direct)
quant Dynamic Asset Allocation Fund (Direct)
to
Apr 2026Jun 2023
to
Jun 2026Jul 2023
to
Jul 2026Aug 2023
to
Aug 2026Sept 2023
to
Sept 2026Oct 2023
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ICICI Prudential Balanced Advantage | 0.0 | 0.0 | 2.9 | 97.1 | 0.0 | 0.0 | 0.0 | 12.1% | 12.3% | 9.9% | 14.1% |
| quant Dynamic Asset Allocation | 0.0 | 0.0 | 0.0 | 29.4 | 67.6 | 2.9 | 0.0 | 16.3% | 16.0% | 11.6% | 20.2% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 13-04-2023. Past returns do not promise future returns.
ICICI Prudential Balanced Advantage vs quant Dynamic Asset Allocation: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 03-04-2023 to 30-10-2026: 43 instalments, ₹4,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential Balanced AdvantageICICI Prudential Balanced Advantage Fund (Direct) | ₹4,30,000 | ₹4,91,742 | ₹61,742 | 7.5% |
| quant Dynamic Asset Allocationquant Dynamic Asset Allocation Fund (Direct) | ₹4,30,000 | ₹4,74,049 | ₹44,049 | 5.4% |
ICICI Prudential Balanced AdvantageICICI Prudential Balanced Advantage Fund (Direct)
quant Dynamic Asset Allocationquant Dynamic Asset Allocation Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
ICICI Prudential Balanced Advantage vs quant Dynamic Asset Allocation: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Balanced Advantage Fund (Direct) | quant Dynamic Asset Allocation Fund (Direct) |
|---|---|---|
| Return (CAGR) | +0.30% | −5.79% |
| Standard deviation | 9.21% | 13.13% |
| Sharpe ratio | -0.54 | -0.84 |
| Sortino ratio | -0.74 | -1.12 |
| Maximum drawdown | −8.2% (30-03-2026) | −13.2% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | ICICI Prudential Balanced Advantage Fund (Direct) | quant Dynamic Asset Allocation Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.55% | +12.82% |
| Standard deviation | 7.14% | 13.98% |
| Sharpe ratio | 0.63 | 0.49 |
| Sortino ratio | 0.90 | 0.67 |
| Maximum drawdown | −8.2% (30-03-2026) | −18.4% (04-03-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | ICICI Prudential Balanced Advantage Fund (Direct) | quant Dynamic Asset Allocation Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.24% | +15.12% |
| Standard deviation | 8.87% | 13.66% |
| Sharpe ratio | 0.70 | 0.66 |
| Sortino ratio | 0.95 | 0.91 |
| Maximum drawdown | −27.0% (23-03-2020) | −18.4% (04-03-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
ICICI Prudential Balanced Advantage Fund (Direct)
quant Dynamic Asset Allocation Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential Balanced Advantage Fund (Direct) | −8.2% | 11-02-2026 | 30-03-2026 | 03-07-2026 | 3 months | −4.9% |
| quant Dynamic Asset Allocation Fund (Direct) | −18.4% | 27-09-2024 | 04-03-2025 | Not yet | -- | −8.4% |
From daily values since 13-04-2023, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ICICI Prudential Balanced Advantage Fund (Direct)
quant Dynamic Asset Allocation Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ICICI Prudential Balanced Advantage Fund (Direct)
quant Dynamic Asset Allocation Fund (Direct)
ICICI Prudential Balanced Advantage vs quant Dynamic Asset Allocation: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Balanced Advantage Fund, September 2026; quant Dynamic Asset Allocation Fund, September 2026
Holdings in common
- Overlap
- 5.1%
- Held by both
- 8
- Only in ICICI Prudential Balanced Advantage
- 200
- Only in quant Dynamic Asset Allocation
- 16
| Security | % of ICICI Prudential Balanced Advantage | % of quant Dynamic Asset Allocation |
|---|---|---|
| Reliance Industries Ltd. | 2.54% | 1.94% |
| Bharti Airtel Ltd. | 1.91% | 9.59% |
| Life Insurance Corporation of India | 0.81% | 0.44% |
| Indus Towers Ltd. | 0.23% | 9.21% |
| 91 Days Treasury Bills | 0.23% | 0.74% |
| 91 Days Treasury Bills | 0.20% | 0.73% |
| 91 Days Treasury Bills | 0.06% | 0.73% |
| 91 Days Treasury Bills | 0.05% | 0.73% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 5.1% means 5.1% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in ICICI Prudential Balanced Advantage Fund
| Security | % of fund |
|---|---|
| TVS Motor Company Ltd. | 6.31% |
| ICICI Bank Ltd. | 4.15% |
| HDFC Bank Ltd. | 3.41% |
| EMBASSY OFFICE PARKS REIT | 2.80% |
| Government Securities | 2.71% |
Largest holdings only in quant Dynamic Asset Allocation Fund
| Security | % of fund |
|---|---|
| TREPS 01-Oct-2026 DEPO 10 | 20.54% |
| Aurobindo Pharma Limited | 10.25% |
| Adani Green Energy Limited | 9.50% |
| Adani Enterprises Limited | 9.45% |
| Bagmane Prime Office REIT | 8.70% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Balanced Advantage | quant Dynamic Asset Allocation |
|---|---|---|
| Equity | 71.0% | 59.5% |
| Debt | 21.2% | 28.3% |
| Cash and others | 7.8% | 12.2% |
Market cap of stocks
| Market cap | ICICI Prudential Balanced Advantage | quant Dynamic Asset Allocation |
|---|---|---|
| Large Cap | 60.8% | 40.1% |
| Mid Cap | 6.8% | 13.1% |
| Small Cap | 3.1% | 6.3% |
| Not on AMFI's list | 0.2% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | ICICI Prudential Balanced Advantage | quant Dynamic Asset Allocation |
|---|---|---|
| N.A. | 0.0% | 59.5% |
| Banks | 13.4% | 0.0% |
| Automobiles | 9.5% | 0.0% |
| Retailing | 5.9% | 0.0% |
| It - Software | 4.6% | 0.0% |
| Finance | 3.2% | 0.0% |
| Petroleum Products | 3.1% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Balanced Advantage vs quant Dynamic Asset Allocation: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Balanced Advantage Fund | quant Dynamic Asset Allocation Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.03% | 1.55% |
| Base expense ratio (Direct) | 0.71% | 0.77% |
| Total expense ratio (Regular) | 1.56% | 3.01% |
| Base expense ratio (Regular) | 1.15% | 2.01% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare ICICI Prudential Balanced Advantage with
Compare quant Dynamic Asset Allocation with
ICICI Prudential Balanced Advantage Fund vs quant Dynamic Asset Allocation Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Balanced Advantage Fund and quant Dynamic Asset Allocation Fund?
Both are Balanced Advantage funds, run by ICICI Prudential Mutual Fund and quant Mutual Fund. Their portfolios overlap 5.1%. ICICI Prudential Balanced Advantage Fund charges 1.03% a year and quant Dynamic Asset Allocation Fund 1.55%.
Which has given higher returns, ICICI Prudential Balanced Advantage Fund or quant Dynamic Asset Allocation Fund?
Over 1 year: ICICI Prudential Balanced Advantage Fund +0.30%, quant Dynamic Asset Allocation Fund −5.79%. Over 3 years: ICICI Prudential Balanced Advantage Fund +10.55% a year, quant Dynamic Asset Allocation Fund +12.82% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential Balanced Advantage Fund or quant Dynamic Asset Allocation Fund?
ICICI Prudential Balanced Advantage Fund charges less: 1.03% a year against 1.55%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential Balanced Advantage Fund and quant Dynamic Asset Allocation Fund overlap?
5.1%. They hold 8 of the same securities, the largest shared ones being RELIANCE, BHARTIARTL, LICI. From each fund's latest monthly portfolio.
Which is better for SIP, ICICI Prudential Balanced Advantage Fund or quant Dynamic Asset Allocation Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹4,06,820 in ICICI Prudential Balanced Advantage Fund (XIRR 6.1% a year) and ₹3,80,465 in quant Dynamic Asset Allocation Fund (XIRR 1.8% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both ICICI Prudential Balanced Advantage Fund and quant Dynamic Asset Allocation Fund?
Yes. 5.1% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Who manages ICICI Prudential Balanced Advantage Fund and quant Dynamic Asset Allocation Fund?
ICICI Prudential Balanced Advantage Fund: Rajat Chandak, Manish Banthia, Akhil Kakkar, Sri Sharma, Sharmila D'silva. quant Dynamic Asset Allocation Fund: Sandeep Tandon, Ankit Pande, Sameer Kate, Varun Pattani, Ayusha Kumbhat, Yug Tibrewal, Sanjeev Sharma.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.