ICICI Prudential Balanced Hybrid Fund NFO 2026: Dates, Features, FAQs
ICICI Prudential Mutual Fund has launched the ICICI Prudential Balanced Hybrid Fund NFO
It's an open-ended hybrid scheme designed to generate capital appreciation and income through a mix of equity and debt investments. The NFO is open from 30 June 2026 to 14 July 2026, with units offered at ₹10 during the offer period.
What The Fund Offers
The fund is structured as a balanced hybrid scheme, meaning it will invest in both equity and debt instruments rather than relying on one asset class alone. This type of hybrid structure is meant to provide growth potential from equity along with some stability from debt, which can appeal to investors looking for a middle ground between aggressive and conservative strategies.
The minimum investment amount is ₹500, which makes the NFO accessible to a wide range of investors. The scheme’s benchmark is CRISIL Hybrid 50+50 Moderate TR INR, indicating a portfolio style broadly split between equity and debt exposure.
Key Dates And Terms
The NFO opens on 30 June 2026 and closes on 14 July 2026. The allotment date is shown as 21 July 2026 in some sources and 22 July 2026 in others, so investors should verify the final allotment schedule from the official fund document before applying.
An exit load applies if units are redeemed within one year of allotment, with a 1% charge beyond the permitted limit mentioned in the scheme terms. The scheme is also tagged as high risk under the SEBI riskometer, so investors should not treat it as a low-volatility product
Fund Manager And Strategy
The fund manager listed for the scheme is Roshan Chutkey, and some NFO disclosures also mention Manish Banthia and Akhil Kakkar among the management team. The fund’s objective is to provide capital appreciation and income by investing in a diversified mix of equity and debt instruments.
The scheme follows an active investment strategy and seeks to maintain balanced exposure based on market conditions, economic factors, interest rates, and global events. That means the asset mix may change over time rather than staying fixed.
Who May Consider This NFO
This NFO may suit investors who want a hybrid product with both growth and stability elements. It can be useful for those who prefer a professionally managed diversified allocation instead of manually balancing equity and debt themselves.
However, investors should remember that “balanced” does not mean “risk-free”. The high-risk tag, exit load structure, and market-linked nature of the portfolio make it more appropriate for investors with a medium-to-long-term horizon.
FAQs