ICICI Prudential Balanced Advantage Fund vs UTI - Unit Linked Insurance Plan
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential Balanced Advantage Fund and UTI - Unit Linked Insurance Plan 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 UTI - Unit Linked Insurance Plan (Direct) returned 7.8% a year. ICICI Prudential Balanced Advantage Fund charges 1.03% a year and UTI - Unit Linked Insurance Plan 1.11% (Direct plans). Their portfolios overlap 22.0%: they hold 32 of the same securities.
ICICI Prudential Balanced Advantage Fund
Balanced Advantage
- 3 year return
- 10.6%
- Expense ratio
- 1.03%
- NAV
- ₹85.81
UTI - Unit Linked Insurance Plan
Balanced Advantage
- 3 year return
- 7.8%
- Expense ratio
- 1.11%
- NAV
- ₹45.91
Which is better, ICICI Prudential Balanced Advantage or UTI - Unit Linked Insurance Plan? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- ICICI Prudential Balanced Advantage returned more over 5 years: 9.9% a year against 5.7%.
- ICICI Prudential Balanced Advantage returned more over 3 years: 10.6% a year against 7.8%.
- ICICI Prudential Balanced Advantage costs less: 1.03% a year against 1.11% (Direct plans).
- UTI - Unit Linked Insurance Plan swung less over 3 years: a standard deviation of 5.6% a year against 7.1%.
- UTI - Unit Linked Insurance Plan fell less in its worst fall since 09-01-2013: −17.9% against −27.0%.
- ICICI Prudential Balanced Advantage holds more in large companies: 60.8% of the fund in large caps against 23.8%.
- ICICI Prudential Balanced Advantage is the larger fund: ₹71,913 Cr against ₹4,930 Cr.
- Their portfolios overlap 22.0%: 32 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 | UTI - Unit Linked Insurance Plan |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | UTI Mutual Fund |
| Category | Balanced Advantage | Balanced Advantage |
| AUM | ₹71,913 Cr (30-09-2026) | ₹4,930 Cr (30-09-2026) |
| NAV | ₹85.81 (Direct) | ₹45.91 (Direct) |
| Expense ratio (Direct) | 1.03% | 1.11% |
| Expense ratio (Regular) | 1.56% | 1.60% |
| Riskometer | Not available | High |
| Benchmark | CRISIL Hybrid 50+50 - Moderate Index | NIFTY 50 Hybrid Composite Debt 50:50 Index |
| Launch date | 30-12-2006 | 01-10-1971 |
| Minimum investment | ₹500 | Minimum target amount under the scheme is 15000 which is required to be invested over 10/15 year period. |
| Lock in | None | None |
| Fund managers | Rajat Chandak, Manish Banthia, Akhil Kakkar, Sri Sharma, Sharmila D'silva | Anurag Mittal FM 1, Ajay Tyagi FM 2, Kamal Gada FM 3 Mr. Akash Shah FM 4 |
| 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. | If withdrawn prematurely – 2% On or after maturity – Nil |
ICICI Prudential Balanced Advantage vs UTI - Unit Linked Insurance Plan: 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% |
| UTI - Unit Linked Insurance Plan (Direct) | −0.03% | −2.17% | +3.96% | −0.53% | +7.84% | +5.73% | +7.58% |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | +9.14% | +8.35% | +9.91% |
Category average: the average of the 38 Balanced Advantage funds, same plan type.
ICICI Prudential Balanced Advantage vs UTI - Unit Linked Insurance Plan: Year-wise Returns
| Year | ICICI Prudential Balanced AdvantageICICI Prudential Balanced Advantage | UTI - Unit Linked Insurance PlanUTI - Unit Linked Insurance Plan |
|---|---|---|
| 2026to date | −1.16% | +0.38% |
| 2025 | +12.87% | +5.12% |
| 2024 | +12.98% | +12.24% |
| 2023 | +17.24% | +12.76% |
| 2022 | +8.62% | −1.60% |
| 2021 | +15.86% | +15.42% |
ICICI Prudential Balanced Advantage vs UTI - Unit Linked Insurance Plan: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 2,661 of them, one for each trading day from 11-01-2016 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)
UTI - Unit Linked Insurance Plan (Direct)
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
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 | 0.1 | 2.3 | 10.4 | 69.3 | 16.2 | 1.7 | 0.0 | 12.8% | 12.8% | −1.2% | 23.6% |
| UTI - Unit Linked Insurance Plan | 0.2 | 12.2 | 60.3 | 27.4 | 0.0 | 0.0 | 0.0 | 8.4% | 8.8% | −0.7% | 14.9% |
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 09-01-2013. Past returns do not promise future returns.
ICICI Prudential Balanced Advantage vs UTI - Unit Linked Insurance Plan: 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 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential Balanced AdvantageICICI Prudential Balanced Advantage Fund (Direct) | ₹16,60,000 | ₹38,96,154 | ₹22,36,154 | 11.5% |
| UTI - Unit Linked Insurance PlanUTI - Unit Linked Insurance Plan (Direct) | ₹16,60,000 | ₹28,98,406 | ₹12,38,406 | 7.7% |
ICICI Prudential Balanced AdvantageICICI Prudential Balanced Advantage Fund (Direct)
UTI - Unit Linked Insurance PlanUTI - Unit Linked Insurance Plan (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 UTI - Unit Linked Insurance Plan: 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) | UTI - Unit Linked Insurance Plan (Direct) |
|---|---|---|
| Return (CAGR) | +0.30% | −0.53% |
| Standard deviation | 9.21% | 6.39% |
| Sharpe ratio | -0.54 | -0.90 |
| Sortino ratio | -0.74 | -1.23 |
| Maximum drawdown | −8.2% (30-03-2026) | −8.2% (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) | UTI - Unit Linked Insurance Plan (Direct) |
|---|---|---|
| Return (CAGR) | +10.55% | +7.84% |
| Standard deviation | 7.14% | 5.63% |
| Sharpe ratio | 0.63 | 0.32 |
| Sortino ratio | 0.90 | 0.46 |
| Maximum drawdown | −8.2% (30-03-2026) | −8.2% (30-03-2026) |
| 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) | UTI - Unit Linked Insurance Plan (Direct) |
|---|---|---|
| Return (CAGR) | +9.90% | +5.73% |
| Standard deviation | 6.46% | 5.69% |
| Sharpe ratio | 0.63 | -0.01 |
| Sortino ratio | 0.89 | -0.02 |
| Maximum drawdown | −8.2% (30-03-2026) | −9.7% (17-06-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2021 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) | UTI - Unit Linked Insurance Plan (Direct) |
|---|---|---|
| Return (CAGR) | +12.24% | +7.05% |
| Standard deviation | 8.87% | 7.17% |
| Sharpe ratio | 0.70 | 0.14 |
| Sortino ratio | 0.95 | 0.17 |
| Maximum drawdown | −27.0% (23-03-2020) | −17.9% (23-03-2020) |
| 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)
UTI - Unit Linked Insurance Plan (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) | −27.0% | 12-02-2020 | 23-03-2020 | 26-08-2020 | 5 months | −4.9% |
| UTI - Unit Linked Insurance Plan (Direct) | −17.9% | 12-02-2020 | 23-03-2020 | 16-09-2020 | 6 months | −3.4% |
From daily values since 09-01-2013, 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)
UTI - Unit Linked Insurance Plan (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)
UTI - Unit Linked Insurance Plan (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ICICI Prudential Balanced Advantage Fund (Direct)
UTI - Unit Linked Insurance Plan (Direct)
ICICI Prudential Balanced Advantage vs UTI - Unit Linked Insurance Plan: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Balanced Advantage Fund, September 2026; UTI - Unit Linked Insurance Plan, September 2026
Holdings in common
- Overlap
- 22.0%
- Held by both
- 32
- Only in ICICI Prudential Balanced Advantage
- 176
- Only in UTI - Unit Linked Insurance Plan
- 76
| Security | % of ICICI Prudential Balanced Advantage | % of UTI - Unit Linked Insurance Plan |
|---|---|---|
| ICICI Bank Ltd. | 4.15% | 2.53% |
| Eternal Ltd. | 2.18% | 2.89% |
| HDFC Bank Ltd. | 3.41% | 2.03% |
| Kotak Mahindra Bank Ltd. | 1.57% | 1.51% |
| Bharti Airtel Ltd. | 1.91% | 1.46% |
| Avenue Supermarts Ltd. | 1.58% | 1.19% |
| Mahindra & Mahindra Ltd. | 1.08% | 1.04% |
| Titan Company Ltd. | 1.02% | 1.72% |
| Government Securities | 2.71% | 1.00% |
| Bajaj Finance Ltd. | 0.99% | 2.34% |
| Trent Ltd. | 1.28% | 0.91% |
| Maruti Suzuki India Ltd. | 1.79% | 0.87% |
| Government Securities | 0.77% | 2.60% |
| Polycab India Ltd. | 0.64% | 0.77% |
| Tata Capital Ltd. | 0.48% | 1.01% |
| Pidilite Industries Ltd. | 0.40% | 0.59% |
| Divi's Laboratories Ltd. | 0.39% | 0.75% |
| Torrent Pharmaceuticals Ltd. | 0.36% | 0.60% |
| Info Edge (India) Ltd. | 0.35% | 1.55% |
| PI Industries Ltd. | 0.48% | 0.33% |
| Eicher Motors Ltd. | 0.30% | 0.93% |
| COFORGE Ltd. | 0.25% | 1.62% |
| India Universal Trust AL1 | 0.19% | 0.65% |
| Small Industries Development Bank Of India. | 0.16% | 0.50% |
| Shree Cements Ltd. | 0.13% | 0.21% |
| Jubilant Foodworks Ltd. | 0.11% | 0.28% |
| Adani Power Ltd. | 0.10% | 0.16% |
| Bharti Telecom Ltd. | 0.10% | 0.50% |
| Asian Paints Ltd. | 0.08% | 0.25% |
| NABARD | 0.07% | 0.61% |
| India Universal Trust AL1 | 0.04% | 0.19% |
| State Government of Tamil Nadu | 0.13% | 0.03% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 22.0% means 22.0% 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% |
| EMBASSY OFFICE PARKS REIT | 2.80% |
| Reliance Industries Ltd. | 2.54% |
| Infosys Ltd. | 2.27% |
| Axis Bank Ltd. | 2.04% |
Largest holdings only in UTI - Unit Linked Insurance Plan
| Security | % of fund |
|---|---|
| 07.18% GSEC MAT -24/07/2037 | 8.09% |
| 07.32% GSEC MAT -13/11/2030 | 4.12% |
| NCD MAHINDRA AND MAHINDRA FINANCIAL SERVICES LTD | 2.53% |
| NCD INDIAN RAILWAY FINANCE CORPORATION LIMITED | 2.01% |
| CP BAJAJ FINANCIAL SECURITIES LTD | 1.98% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Balanced Advantage | UTI - Unit Linked Insurance Plan |
|---|---|---|
| Equity | 71.0% | 38.0% |
| Debt | 21.2% | 53.3% |
| Cash and others | 7.8% | 8.7% |
Market cap of stocks
| Market cap | ICICI Prudential Balanced Advantage | UTI - Unit Linked Insurance Plan |
|---|---|---|
| Large Cap | 60.8% | 23.8% |
| Mid Cap | 6.8% | 10.7% |
| Small Cap | 3.1% | 3.5% |
| 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 | UTI - Unit Linked Insurance Plan |
|---|---|---|
| Banks | 13.4% | 6.5% |
| Automobiles | 9.5% | 2.8% |
| Retailing | 5.9% | 6.7% |
| It - Software | 4.6% | 0.0% |
| Consumer Durables | 1.5% | 4.3% |
| IT - Software | 0.0% | 4.0% |
| Pharmaceuticals & Biotechnology | 2.3% | 3.4% |
| Finance | 3.2% | 2.6% |
| Petroleum Products | 3.1% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Balanced Advantage vs UTI - Unit Linked Insurance Plan: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Balanced Advantage Fund | UTI - Unit Linked Insurance Plan |
|---|---|---|
| Total expense ratio (Direct) | 1.03% | 1.11% |
| Base expense ratio (Direct) | 0.71% | 0.92% |
| Total expense ratio (Regular) | 1.56% | 1.60% |
| Base expense ratio (Regular) | 1.15% | 1.37% |
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
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Compare UTI - Unit Linked Insurance Plan with
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ICICI Prudential Balanced Advantage Fund vs UTI - Unit Linked Insurance Plan: Frequently Asked Questions
What is the difference between ICICI Prudential Balanced Advantage Fund and UTI - Unit Linked Insurance Plan?
Both are Balanced Advantage funds, run by ICICI Prudential Mutual Fund and UTI Mutual Fund. Their portfolios overlap 22.0%. ICICI Prudential Balanced Advantage Fund charges 1.03% a year and UTI - Unit Linked Insurance Plan 1.11%.
Which has given higher returns, ICICI Prudential Balanced Advantage Fund or UTI - Unit Linked Insurance Plan?
Over 1 year: ICICI Prudential Balanced Advantage Fund +0.30%, UTI - Unit Linked Insurance Plan −0.53%. Over 3 years: ICICI Prudential Balanced Advantage Fund +10.55% a year, UTI - Unit Linked Insurance Plan +7.84% a year. Over 5 years: ICICI Prudential Balanced Advantage Fund +9.90% a year, UTI - Unit Linked Insurance Plan +5.73% 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 UTI - Unit Linked Insurance Plan?
ICICI Prudential Balanced Advantage Fund charges less: 1.03% a year against 1.11%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential Balanced Advantage Fund and UTI - Unit Linked Insurance Plan overlap?
22.0%. They hold 32 of the same securities, the largest shared ones being ICICIBANK, ETERNAL, HDFCBANK. From each fund's latest monthly portfolio.
Which is better for SIP, ICICI Prudential Balanced Advantage Fund or UTI - Unit Linked Insurance Plan?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,71,458 in ICICI Prudential Balanced Advantage Fund (XIRR 9.2% a year) and ₹7,14,591 in UTI - Unit Linked Insurance Plan (XIRR 6.2% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both ICICI Prudential Balanced Advantage Fund and UTI - Unit Linked Insurance Plan?
Yes. 22.0% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages ICICI Prudential Balanced Advantage Fund and UTI - Unit Linked Insurance Plan?
ICICI Prudential Balanced Advantage Fund: Rajat Chandak, Manish Banthia, Akhil Kakkar, Sri Sharma, Sharmila D'silva. UTI - Unit Linked Insurance Plan: Anurag Mittal FM 1, Ajay Tyagi FM 2, Kamal Gada FM 3 Mr. Akash Shah FM 4.
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.