ICICI Prudential Balanced Advantage Fund
About ICICI Prudential Balanced Advantage Fund
ICICI Prudential Balanced Advantage Fund is an open ended dynamic asset allocation fund. The Scheme uses an in-house asset allocation model to maintain an effective equity investment level, endeavoured to be above 65%. However, the actual equity level may go below 65% after considering the derivative exposure.
The Scheme is suitable for investors who are seeking to benefit out of market volatility while maintaining fair equity allocation levels based on market valuations.
Why invest
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Buy Low - Sell High Strategy
Increases or decreases equity allocation based on valuations -
Asset Allocation Discipline
Aims to generate accrual income from debt & potential capital appreciation through equity exposure -
Limits Downside Risk
Limits downside with use of derivatives for portfolio hedging & rebalancing
Steps
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Step 1
Login to trade
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Step 2
Click on place order - mutual fund
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Step 3
Click on purchase - lumpsum
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Step 4
Enter scheme name and place order