Fund Analysis

Resilient Performer

ICICI Prudential Balanced Advantage has managed to survive the rough weathers it faced soon after its launch

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

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