Fund Update

On road to recovery

Since the time we had moved ICICI Prudential Equity Savings Fund from 'Best Buy' to 'Hold', things have turned for the better. Here is an update.

Since the time we had moved ICICI Prudential Equity Savings Fund from 'Best Buy' to 'Hold', things have turned for the better. Here is an update.

Stemming the leakage The category of equity-savings fund hasn't really been among the favourites of investors in recent times. According to our estimates, most funds have been witnessing outflows and this fund was no exception. But the tides have turned a bit in the recent months. Our estimates suggest that this fund has experienced inflows on a net basis in the last couple of months. As a result, the assets under management also appear to have stabilised at around Rs 1,000 crore, after being on a sustained fall over the last three years which saw them decline to just about a third of what they were at the s

Fund Advisor

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 Plans right-arrow

Other Categories