ICICI Prudential Balanced Advantage Fund is an open ended dynamic asset allocation fund that aims to generate reasonable returns in various market scenarios.
Markets have their ups and downs, however to make the most out of these market movements, one should buy when the market valuation is low and sell when the market valuation is high.
It may sound easy, but difficult to implement due to the following reasons:
Investors understand that their principal will be at moderately high risk
*Investors should consult their financial distributors if in doubt about whether the product is suitable for them.