"We trust that you will avoid using harsh language and will refrain from making unsubstantiated allegations against individuals and firms. Your constructive feedback and opinions are very valuable to all of us in the industry. "
Very nicely explained sir. I belive calls taken in product like Dynamic will deliver in long term with better risk adjusted return.
Very nice article by Naren Sir. All 3 funds are superbly explained.
I think to judge dynamic performance from 1 Yr time period is unfair. Current Portfolio P/E: 17.17 vis a vis market P/E: 23.44%. You should give time before making any judgement.
Congratulations for providing the simplest solution product to the investors. Its a all weather fund and will be good for the investors. Haresh Bhai, isnt Power Grid at the current market condition a good buy which counter cyclical and defensive. Congratulations Team ICICI once again..
Along with Edelweiss Absolute Return Fund, ICICI PRUDENTIAL BALANCED ADVANTAGE FUND is a MUST-HAVE fund in almost all of my clients portfolio. Fill it, shut it and forget it kind of funds.
Best of Narens : Which we had followed & satisfied our clients always.......Plz. do keep us warm with ur views as usual.
Useful article.
Happy to read to this article, BAF, Dyni and EIF best suitable products for first time equity investors and as well as alternative investment with tax free returns for postal and bank depositors.
ICICI Prudential Dynamic Plan Under performing from last one year due 15% investment energy sector where returns almost nil or negative ICICI Prudential Dynamic Plan hold around 9.86% in Single stock Power Grid Corporation where returns negative ICICI Prudential Dynamic Plan is Mutual fund Scheme but managed like PMS Risk is high but return may be good if Power Sector go up