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ICICI Prudential Balanced Fund: Best performing Balanced Fund in the last 5 years

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Jul 26, 2017 by Dwaipayan Bose Balanced funds have at least 65% asset allocation in equity or equity related securities and the remaining portion in fixed income securities. Fixed income (or debt) as an asset class is subject to less price volatility relative to equity and therefore, balanced funds have a moderate risk profile compared to stocks or equity mutual funds. As such these funds are ideal long term investment products for new investors and investors who do not have high risk appetites. Launched in 1999, ICICI Prudential Balanced Fund is a very popular product in this category and is the best performing balanced fund in the last 5 years (please see Top performing Balanced Funds in our MF Research Section). Over the last 5 years, ICICI Prudential Balanced Fund gave more than 20% annualized returns. The Assets under Management of this fund has skyrocketed in the last couple of years, on the back of its strong performance and now stands at over Rs 14,200 Crores. The expense ...
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Mutual Fund Advisor at Hyderabad

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NFO review: Axis Dynamic Equity Fund

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By Shivani Bazaz , ECONOMICTIMES.COM| Updated: Jul 11, 2017, 03.38 PM IST Axis Mutual Fund has launched Axis Dynamic Equity Fund , a dynamic asset allocation scheme. The New Fund Offer (NFO) will close for subscription on 25 July. Dynamic asset allocation funds invest in a mix of equity, debt and arbitrage based on the market conditions. The schemes do not have a set allocation, but they dynamically adjust the portfolio based on some stock market ratios. According to the scheme’s information document, the net equity allocation can be between 30-100 per cent of the portfolio. The fund will use hedging to reduce net equity exposure below 65 per cent. The fund will be managed jointly by Anupam Tiwari and Ashwin Patni, who would manage the equity portion while R. Sivakumar would manage the debt portion. Axis Dynamic Equity Fund will work on 2 tiers – the first tier is the model that decides the equity allocation and the second tier is the actively managed portfolio within t...
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