Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications

Sunday 16 June 2013

ICICI Prudential Balanced Fund

Invest In Tax Saving Mutual Funds Online

Call 0 94 8300 8300 (India)

 

 

ICICI Prudential Balanced fund seeks to optimise the risk-adjusted return by distributing assets between both equity and debt markets. In bullish markets equity allocation can go up to 80 per cent, which can go down to 65 per cent in bear markets. Investments are in strong businesses, driven by economic fundamentals.

The fund managers follow a bottom-up approach in companies with above-average profitability supported by sustainable competitive advantages. A disciplined top-down approach is adopted to control risk by ensuring representation of companies across different industries. They further restrict single stock investment to less than 5 per cent, although in the past there has been an instance when the allocation went as high as 10 per cent in Reliance (2007).

 

The fixed income allocation is actively managed, which helps reduce the overall portfolio risk. Investment is mostly in government securities and corporate debt and currently the average maturity is on the higher side of around six years.

 

Performance


This fund fared poorly in its first year, but recovered during 2000-2006. However, it got into a rough patch from 2007 to 2009. In 2009, when the category average was 61.16, this fund posted only 50.73 per cent. For the past 3 years this fund has been in the top-2 quartile and stabilised its performance. Finance, Auto and Energy are the top-3 sectors. The fund has improved its performance with investments in large-cap quality stocks such as Reliance Industries, Infosys, Mahindra & Mahindra, ITC and BHEL.

 

Dynamic allocation along with core debt portfolio reduces the volatility of return and has helped in this fund's performance. The fund managers have actively managed portfolio maturity duration and interest rate risk, which has helped in its superior performance. Where this fund scores is on relative high returns with low volatility. Higher expense ratio of around 2.27 per cent compared to peers, though, has impacted the returns.

Happy Investing!!

We can help. Call 0 94 8300 8300 (India)

Leave your comment with mail ID and we will answer them

OR

You can write back to us at PrajnaCapital [at] Gmail [dot] Com

---------------------------------------------

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

  1. ICICI Prudential Tax Plan Invest Online
  2. HDFC TaxSaver Invest Online
  3. DSP BlackRock Tax Saver Fund Invest Online
  4. Reliance Tax Saver (ELSS) Fund Invest Online
  5. Birla Sun Life Tax Relief '96 Invest Online
  6. IDFC Tax Advantage (ELSS) Fund Invest Online
  7. SBI Magnum Tax Gain Scheme 1993 Invest Online
  8. Sundaram Tax Saver Invest Online
  9. Edelweiss ELSS Invest Online

------------------

Best Performing Mutual Funds

    1. Largecap Funds Invest Online
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
      3. Birla Sun Life Front Line Equity Fund
    2. Large and Midcap Funds Invest Online
      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
    1. Mid and SmallCap Funds Invest Online
      1. Reliance Equity Opportunities Fund
      2. DSP BlackRock Small & Midcap Fund
      3. Sundaram Select Midcap
      4. IDFC Premier Equity Fund
    1. Small and MicroCap Funds Invest Online
      1. DSP BlackRock MicroCap Fund
    1. Sector Funds Invest Online
      1. Reliance Banking Fund
      2. Reliance Banking Fund
    1. Tax Saver MutualFunds Invest Online
      1. ICICI Prudential Tax Plan
      2. HDFC Taxsaver
      3. DSP BlackRock Tax Saver Fund
      4. Reliance Tax Saver (ELSS) Fund
    2. Gold Mutual Funds Invest Online
      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund

No comments:

Post a Comment

Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications

Popular Posts

Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications