I was recently suggested to start a SIP in ICICI Balanced Advantage fund for the next 3 years. But Mutual Funds are giving big losses. I am not sure if I should put my money here

- Manish Gupta | 100 days ago

Answers(1)

  • A
    Akshit Girhotra
    97 days ago

    ICICI Prudential Balanced Advantage is a dynamic asset allocation fund and suitable for an investor with a moderate risk profile looking to invest for the long term. The ICICI Prudential Balanced Advantage Fund is a hybrid fund that invests more aggressively in equities (65% to 100%), while the balance is invested in debt. This provides a safety against the volatility of pure equity, while offering long term capital appreciation.

    The recent negative returns in mutual funds can be attrib

    ...Read More

Post an answer now