Page 2 - Balanced Advantage News Today

Changes have been effected at prominent schemes such as ICICI Prudential Balanced Advantage, ICICI Prudential Liquid, and ICICI Prudential Multi-Asset Fund, among others.

As of December end, there were 539 mutual fund schemes, with a total investment of Rs 2.17 lakh crore in the lender. HDFC Bank has the highest weightage in the Nifty 50 index among all the stocks, at 13.52 percent.

According to the scheme information document, the scheme manages 2,250,238 folios as on September 30,2023.

As on : Jun 01, 2024

Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.

Nimesh Chandan, CIO, Bajaj Finserv Asset Management, believes the government will continue its path to incentivise manufacturing and infrastructure in the upcoming Budget.

Samco Mutual Fund announced the launch of the Samco Dynamic Asset Allocation Fund. The scheme opened for public subscription on December 07, 2023, and will close on December 21, 2023.

Bajaj Finserv Mutual Fund announced the launch of the Bajaj Finserv Balanced Advantage Fund. The scheme opened for public subscription on November 24, 2023, and will close on December 08, 2023.

I am bullish on financials, but not lenders because the fund is quite underweight on lenders. I am bullish on all other parts of the financials. So we have a large exposure to insurance, we have large exposure to capital markets through Bombay Stock Exchange. IT is another sector where I am quite positive.”

Pti: Can a Balanced Advantage Fund Help you Withstand Market Volatility?