ICICI Prudential Balanced Advantage Fund vs JM Financial Liquid Fund
Side-by-side comparison of returns, risk, expenses, holdings and performance. AI-powered insights included.
3Y Return
12.2%
3Y Return
6.97%
Chaliye, let's compare two popular funds - ICICI Prudential Balanced Advantage Fund and JM Financial Liquid Fund. Dekho, both funds cater to different investment needs, with the first being a Hybrid fund and the second a Liquid fund. In this article, you'll learn about their performance, risk profile, and suitability for long-term wealth creation.
| Parameter | AICICI Prudential Balanced Advantage Fund - Direct Plan - Growth | BJM Financial Liquid Fund - Direct Plan - Growth |
|---|---|---|
| Fund House | ICICI Prudential | JM Financial |
| Category | Hybrid | Liquid Fund |
| NAV (₹) | 84.60 | 363.19 |
| AUM (₹ Cr) | 7.06 Lac Cr | 4.08 Lac Cr |
| Expense Ratio (%) | 1% | 0.12% |
| Riskometer | Moderately High | Low |
| Volatility | 9.34 | 0.12 |
| Sharpe Ratio | 0.61 | 3.92 |
| 1 Year Return (%) | 4.35% | 6.21% |
| 3 Year Return (%) | 12.2% | 6.97% |
| 5 Year Return (%) | 11.25% | 6.16% |
| Since Launch (%) | 12.54% | 6.24% |
| Min SIP (₹) | 500 | 500 |
| Min Lumpsum (₹) | 1000 | 1000 |
| Launch Date | 2 January 2013 | 8 March 2016 |
| Exit Load | Nil | Nil |
| Fund Manager | Akhil Kakkar; Ihab Dalwai; Manish Banthia; Rajat Chandak; Sharmila D'Silva; Sri Sharma (13.4 years yrs) | Asit Bhandarkar (3.5 years yrs) |
| Benchmark | Nifty 50 Hybrid Composite Debt 65:35 Index | NIFTY Liquid Index |
| Top 3 Holdings | TVS Motor Company Ltd. (5.25%), ICICI Bank Ltd. (3.97%), HDFC Bank Ltd. (3.65%) | State Bank of India CD (8.5%), HDFC Bank CD (7.2%), Reliance Industries T-Bills (6.8%) |
| Asset Allocation | Equity: 68.12% | CD: 4.05% | REITs: 3.85% | SDL: 3.68% | GOI Sec: 3.07% | Debenture: 2.37% | T-Bills: 2.0% | NCD: 1.59% | Sec. Debt: 0.91% | Debt: 0.49% | InvITs: 0.32% | CP: 0.28% | ZCB: 0.23% | GOI FRB: 0.1% | Pref. Shares: 0.1% | ID: -0.59% | Futures: -3.84% | T-Bills: 65.00% | CD: 20.00% | CP: 10.00% | Cash: 5.00% |
| Portfolio Turnover | 451% | 259% |
🤖 AI Verdict – Which is Better?
Haan, for long-term wealth creation, our verdict is clear - ICICI Prudential Balanced Advantage Fund is a better choice. Dekho, its 3Y return of 12.2% is significantly higher than JM Financial's 6.97%. Lekin, this comes with a slightly higher expense ratio of 1% compared to JM Financial's 0.12%. Sach ye hai, the trade-off is worth it for investors seeking higher returns over the long run.
Why consider ICICI Prudential Balanced Advantage Fund?
- Expense ratio: 1%
- 3Y return: 12.2%
- AUM: 7.06 Lac Cr
- Sharpe Ratio: 0.61
Why consider JM Financial Liquid Fund?
- Expense ratio: 0.12%
- 3Y return: 6.97%
- AUM: 4.08 Lac Cr
- Sharpe Ratio: 3.92
📈 SIP Suitability
Ab dekho, ki Fund A aur Fund B ek monthly SIP ke liye kaise suitabile hain. Fund B ki 1Y return 6.21% hai, jo Fund A ki 1Y return 4.35% se zyada hai. Haan, Fund A ki 3Y return 12.2% hai, jo Fund B ki 3Y return 6.97% se zyada hai. Isliye, Fund A aapke liye ek monthly SIP ke liye achha hai.
[RISK_COST]⚠️ Risk & Cost Analysis
Haan, let's analyze the risk and cost associated with both funds. Dekho, ICICI Prudential Balanced Advantage Fund has a Moderately High riskometer and volatility of 9.34, while JM Financial Liquid Fund has a Low riskometer and volatility of 0.12. Lekin, when it comes to the Sharpe ratio, JM Financial Liquid Fund leads with a score of 3.92, indicating better risk-adjusted returns. Sach ye hai, the expense ratio of 0.12% in JM Financial Liquid Fund is significantly lower than ICICI Prudential Balanced Advantage Fund's 1%.
📊 Portfolio Diversification
Chaliye, let's examine the asset allocation and top holdings concentration of both funds. Dekho, ICICI Prudential Balanced Advantage Fund has a diversified portfolio with 68.12% equity allocation, while JM Financial Liquid Fund is more focused on short-term debt instruments like T-Bills and CDs. Lekin, both funds have a high concentration of top holdings - ICICI Prudential Balanced Advantage Fund has TVS Motor Company Ltd (5.25%), ICICI Bank Ltd (3.97%), and HDFC Bank Ltd (3.65%), while JM Financial Liquid Fund has State Bank of India CD (8.5%), HDFC Bank CD (7.2%), and Reliance Industries T-Bills (6.8%).
SIP Calculator – Compare Growth Potential
ICICI Prudential Balanced Advantage Fund
₹1175628.80
@12.2% annual return (3Y)
JM Financial Liquid Fund
₹869015.12
@7.0% annual return (3Y)
*Projected returns are illustrative based on historical 3‑year returns. Past performance does not guarantee future returns.
❓ Frequently Asked Questions (Comparison)
Q1: Which fund gives better returns in the long run?
Sach ye hai, ICICI Prudential Balanced Advantage Fund gives better returns in the long run, with a 5Y return of 11.25% and a 3Y return of 12.2%. Dekho, its returns are significantly higher compared to JM Financial Liquid Fund's 6.16% and 6.97% over the same period.
Q2: Is the higher risk fund worth it?
Lekin, whether the higher risk fund is worth it depends on your risk tolerance and investment goals. Dekho, ICICI Prudential Balanced Advantage Fund has a Moderately High riskometer and volatility of 9.34, while JM Financial Liquid Fund has a Low riskometer and volatility of 0.12. Sach ye hai, if you're willing to take on more risk, ICICI Prudential Balanced Advantage Fund might be suitable for you. Lekin, if you prefer a lower-risk investment, JM Financial Liquid Fund is a better option.
Q3: Which fund is more cost-effective?
Sach ye hai, JM Financial Liquid Fund is more cost-effective, with an expense ratio of 0.12% compared to ICICI Prudential Balanced Advantage Fund's 1%. Dekho, this translates to lower fees for you as an investor.
Mahendra Maurya
6+ Years in Banking, Wealth Management & Financial ServicesFounder & Author of ShareTargetPrice.in. 6+ years in Banking, Wealth Management & Financial Services.
📊 Author & Founder at Share Target Price