Fund Analysis

Quality with returns

ICICI Prudential Long Term Fund avoids exposure to credit risk but takes aggressive duration calls to deliver top-notch returns

Though labelled as a 'long-term' debt fund, ICICI Pru Long Term Fund has floated to the top of the dynamic-fund category mainly through well-timed tactical calls on interest-rate moves in the economy in the last three years. After functioning mainly as a short-term fund until early 2014, longer-duration calls since mid-2014

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