Even though the job of a fund manager is supposed to be just to beat the benchmark, it can't be easy to launch a fund and soon be faced with a disastrous decline. ICICI Prudential Balanced Advantage fund was launched at the end of 2006. While 2007 was obviously a good year with 23 per cent returns, thing went south soon afterwards. The global financial crisis saw the NAV hit a low of 6.85 in October 2008, trans
Buy, hold, or switch. Get the call.
How's my portfolio doing? What do I need to fix? Where should I invest next? Fund Advisor answers each one. The Advisor Note every Saturday. A live session with Dhirendra Kumar every second Saturday.
No commissions. No conflicts. Since 1991.
See PlansAlready a subscriber ?Log In