Is it good to invest in Icici balanced Advantage Fund?
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Is it good to invest in Icici balanced Advantage Fund?
Firstly ICICI Prudential Balanced Advantage fund is a good fund in the balanced fund category. The 3 year returns of ICICI Prudential Balanced Advantage fund is about 22.4\%, whereas the 3 year returns of ICICI Prudential Balanced Fund is 26.67\%.
Is Icici Prudential Mutual Fund good?
ICICI Prudential Mutual Fund is one of India’s top 2 largest Asset Management Companies. It is one the oldest and most profitable Mutual Funds. Most of their offerings are rated “AAAmfs” which indicate a high degree of confidence and reliability.
Which mutual fund is best in Icici Prudential?
List of Icici Prudential Mutual Funds in India
| Fund Name | Category | 1Y Returns |
|---|---|---|
| ICICI Prudential US Bluechip Equity Fund | Equity | 23.1\% |
| ICICI Prudential All Seasons Bond Fund | Debt | 5.5\% |
| ICICI Prudential Money Market Fund | Debt | 3.8\% |
| ICICI Prudential Value Discovery Fund | Equity | 38.4\% |
Which Balanced Advantage Fund is best?
Best balanced advantage funds to invest in 2022:
- Edelweiss Balanced Advantage Fund.
- ICICI Prudential Balanced Advantage Fund.
- Aditya Birla Sun Life Balanced Advantage Fund.
What is NAV of Icici Prudential Balanced Advantage Fund Growth?
ICICI Pru Balanced Advantage Fund(G)
| Current NAV ( Rs. ) | 48.73 -0.13(-0.27\%) |
|---|---|
| Category | Hybrid – Balanced Advantage |
| Launch date | 30/12/2006 |
| Type | Open ended |
| 52 week low / High | 41.32 49.81 |
How is Icici Prudential Balanced fund?
The brilliant performance is apparent to the ICICI Prudential Balanced Fund review. This scheme provided annualized returns for a period of three and five years are 20.5 and 17.3 percent respectively. Accordingly, one can achieve the long-term investment goals by investing one’s capital in this scheme.
What is the current value of Icici Prudential Mutual Fund?
Current NAVs
| ICICI Prudential Banking and Financial Services Fund – Growth | 81.36 | 17 Dec 2021 |
|---|---|---|
| ICICI Prudential Large & Mid Cap Fund – Growth | 517.01 | 17 Dec 2021 |
| ICICI Prudential Large & Mid Cap Fund – IDCW | 21.73 | 17 Dec 2021 |
| ICICI Prudential Long Term Equity Fund (Tax Saving) – Direct Plan – Growth | 630.45 | 17 Dec 2021 |
How is Icici Prudential Balanced Fund?
Who owns Icici Prudential Mutual Fund?
Statutory Details. ICICI Prudential Mutual Fund (the Fund) was set up as a Trust sponsored by Prudential plc (through its wholly owned subsidiary namely Prudential Corporation Holdings Ltd) and ICICI Bank Ltd.
How does a balanced Advantage fund work?
Balanced advantage funds are mutual fund schemes that invest in both equity and debt securities. Through their own internal valuation processes, fund houses take a call on whether equity markets are over-valued and hence debt investments should be increased and vice-versa.