Stay updated with breaking news from Balanced Advantage. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The government’s focus in the upcoming Budget is likely to be on providing acceleration to the economic recovery which has been underway over the past few months, says Bhobe.
The government’s focus in the upcoming Budget is likely to be on providing acceleration to the economic recovery which has been underway over the past few months, says Bhobe.
PGIM’s Balanced Advantage NFO eyes ₹500 crore Mumbai | Updated on Our Bureau PGIM India Mutual Fund targets to raise ₹500 crore from the new fund offer of Balanced Advantage Fund. The NFO closes on January 29. The open-ended dynamic asset allocation fund will invest a minimum of 30 per cent in equity. The product is suitable for investors who are seeking capital appreciation over a long period of time. The fund will be benchmarked to Crisil Hybrid 50+50 Moderate index. Ajit Menon, CEO, PGIM India Mutual Fund, said the model based approach helps in automatically rebalancing investments ...
ThinkStock Photos PGIM India Mutual Fund has launched the ‘PGIM India Balanced Advantage Fund’. The NFO will open for subscription till January 29, 2021. The fund will be benchmarked against CRISIL Hybrid 50+50 Moderate Index. The Fund will be managed by Aniruddha Naha (for equity investments), Kumaresh Ramakrishnan (for debt and money market investments) and Anandha Padmanabhan (for overseas investments). According to the fund house, the scheme aims to provide capital appreciation and income distribution to the investors by dynamically managing the asset allocation between equity and fix...
By Vivek Trivedi, Mutual Fund Distributor Dynamically investing in equity and debt allows balanced advantage category of schemes to work well in all types of market conditions The Indian equity market has been volatile since the start of the year owing to various global and domestic developments. In such a scenario, it is very likely that investors will get unnerved, especially those who have come into the market for the first time over the last three years. It is important to remember that staying invested across the cycle is what is important, especially when it comes to meeting the obje...