The Scheme intends to generate long-term capital appreciation and income generation by investing in a dynamically managed portfolio of equity & equity related instruments and fixed income and money market instruments.
Benchmark:
BSE 500
Fund Manager:
Rajasa Kakulavarapu, Umesh Sharma, Sandeep Manam
| ICICI Prudential Balanced Advantage | 8.53(6M) | 8.01(1Y) |
| Edelweiss Balanced Advantage | 6.23(6M) | 1.71(1Y) |
The fund house has taken its time to come to a category that potentially could become the largest category in the fund industry by number of folios as it is a retail oriented product. Better late than never as it treads a slow move back to prominence.
Fund House AAUM:
Rs. 60,01,666.32Lakhs (as on 30th June 2022)
Fund Manager:
Combined experience of above 16 years
Frankly none. There are just too many schemes that have moved into the limelight and it is a crowded space. And there are fund managers and houses that have got a good learning curve over difficult times and I would suggest those rather than a newbie.