Given the current Russia-Ukraine conflict and the high inflation rates, equities have been highly volatile. In such a case a lot of investors prefer to protect their downside by investing in balanced advantage funds. These funds invest predominantly in equities with a dynamically managed allocation in debt and arbitrage instruments.
In this video we have discussed the ICICI Prudential Balanced Advantage Fund. The NAV for the ICICI Prudential Balanced Advantage Fund as on 24th February 2022 was Rs.48.33.