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:
Asset Allocation helps investors to manage market volatility by actively managing the net equity levels based on Buy Low and Sell High principle.
The scheme invests both in Equity and Debt offering investors exposure to these asset classes strategically as per the market conditions.
Asset Allocation helps to manage human emotions of greed and fear since the portfolio is dynamically managed. This ensures investors do not make decisions that will harm their overall financial goal.
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.