ICICI Pru Asset Allocator Fund of funds invests dynamically in a mix of equity, bonds and gold. It is emerging in several shortlists and a top fund as per star ratings. Should you consider investing in this fund? A large part of the mutual fund industry has been to bring FD and LIC investors into […]
Parag Parikh Conservative Hybrid Fund – Why so excited?
PPFAS AMC has announced a new fund. This is going to be the 4th fund after its flagship Flexi cap fund, tax saver fund and liquid fund. The NFO or New Fund Offer opens on May 7, 2021. In its hallmark style, the fund house has gone to great lengths to offer a transparent, informative […]
Franklin India Dynamic PE Ratio Fund of Funds – Change in Fundamental Attribute
If you are invested in Franklin India Dynamic PE Ratio Fund of Funds, know that there are some fundamental and important changes being carried out. #1 It is getting a new name The fund will now be Franklin India Dynamic Asset Allocation Fund of Funds. It has an expanded mandate now. What is that mandate? […]
SBI Magnum Balanced Fund – The cost of trust is huge!
Do you know which is the largest mutual fund scheme in India? No, it is not an equity fund, not even a debt fund. The largest scheme by size is HDFC Prudence – a hybrid equity fund. And it is not alone in the largest funds for this category. There is HDFC Balanced, ICICI Pru […]
Balanced funds – Best of both the worlds?
You know of equity mutual funds. You know of debt mutual funds. Now, what is the fund that invests in both – equity and debt? Easy one, right? Well, it is a hybrid fund, popularly known as a balanced fund. This fund invests in both equity/stocks and debt such as corporate debt and government securities. The name ‘balanced‘ suggests that it invests 50:50 in equity […]
