ICICI Prudential Balanced Advantage Fund vs Quantum Mutual Fund Liquid Fund
Side-by-side comparison of returns, risk, expenses, holdings and performance. AI-powered insights included.
3Y Return
12.2%
3Y Return
6.56%
Today, dekho, we are comparing two popular Indian mutual funds - ICICI Prudential Balanced Advantage Fund and Quantum Mutual Fund Liquid Fund. Fund A is a hybrid fund, chaliye, suitable for long-term wealth creation, while Fund B is a liquid fund, perfect for short-term investments, lekin, what's best for you? Let's dive in and find out.
| Parameter | AICICI Prudential Balanced Advantage Fund - Direct Plan - Growth | BQuantum Mutual Fund Liquid Fund - Direct Plan - Growth |
|---|---|---|
| Fund House | ICICI Prudential | Quantum Mutual Fund |
| Category | Hybrid | Liquid Fund |
| NAV (₹) | 84.60 | 37.04 |
| AUM (₹ Cr) | 7.06 Lac Cr | 4.34 Lac Cr |
| Expense Ratio (%) | 1% | 0.12% |
| Riskometer | Moderately High | Low |
| Volatility | 9.34 | 0.11 |
| Sharpe Ratio | 0.61 | 0.55 |
| 1 Year Return (%) | 4.35% | 5.71% |
| 3 Year Return (%) | 12.2% | 6.56% |
| 5 Year Return (%) | 11.25% | 5.82% |
| Since Launch (%) | 12.54% | 6.72% |
| Min SIP (₹) | 500 | 500 |
| Min Lumpsum (₹) | 1000 | 1000 |
| Launch Date | 2 January 2013 | 9 April 2006 |
| Exit Load | Nil | Nil |
| Fund Manager | Akhil Kakkar; Ihab Dalwai; Manish Banthia; Rajat Chandak; Sharmila D'Silva; Sri Sharma (13.4 years yrs) | Atul Kumar (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% | 231% |
🤖 AI Verdict – Which is Better?
Based on 3Y return, expense ratio, and risk, our verdict is clear. Fund A takes the cake with a 12.2% return and a relatively high riskometer, but its expense ratio of 1% is a bit high. Fund B, on the other hand, offers a low risk profile with a 6.56% return, but its expense ratio of 0.12% is a steal. For long-term wealth creation, Fund A is our winner, haan, but Fund B is a great choice for conservative investors.
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 Quantum Mutual Fund Liquid Fund?
- Expense ratio: 0.12%
- 3Y return: 6.56%
- AUM: 4.34 Lac Cr
- Sharpe Ratio: 0.55
📈 SIP Suitability
For a monthly SIP of 10+ years, Fund A is a better bet. Its consistency and return stability make it a great choice for long-term investors. Fund B, lekin, is better suited for short-term goals or emergency funds, as it offers liquidity and low risk. So, if you're looking to grow your wealth over time, Fund A is the way to go, sach ye hai.
⚠️ Risk & Cost Analysis
Let's compare the riskometer, volatility, Sharpe ratio, and expense ratio of both funds. Fund A has a Moderately High riskometer and a higher Sharpe ratio of 0.61, but its volatility is a bit high at 9.34. Fund B, on the other hand, has a Low riskometer and a Sharpe ratio of 0.55, but its volatility is very low at 0.11. In terms of expense ratio, Fund B is the clear winner with 0.12%, while Fund A charges 1%. So, Fund B offers better risk-adjusted returns and is more cost-effective.
📊 Portfolio Diversification
Now, let's compare the asset allocation and top holdings concentration of both funds. Fund A has a diverse portfolio with a mix of equities, debt, and other securities, while Fund B is heavily invested in T-Bills, CDs, and cash. However, Fund B's top holdings are concentrated in a few large-cap companies, which may pose sector risk. Fund A, on the other hand, has a more diversified top holdings list with a mix of large-cap and mid-cap companies. So, Fund A offers better portfolio diversification.
SIP Calculator – Compare Growth Potential
ICICI Prudential Balanced Advantage Fund
₹1175628.80
@12.2% annual return (3Y)
Quantum Mutual Fund Liquid Fund
₹849400.65
@6.6% 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?
Based on 5Y returns, Fund A gives better returns with 11.25% vs 5.82% of Fund B.
Q2: Is the higher risk fund worth it?
No, Fund B is a better choice for risk-averse investors due to its lower volatility and Sharpe ratio.
Q3: Which fund is more cost-effective?
Fund B is more cost-effective with an expense ratio of 0.12% vs 1% of Fund A.
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