Life’s equation is very simple. Eat healthy to live healthy. Balance is the key to achieve a healthy lifestyle. If you are overdoing on carbs and fats and are ignoring the fibre completely, you are likely to get fat and not healthier. So, in order to achieve a healthy diet plan, you ought to include all the necessary nutrients that your body needs.
The health of your money works on similarly. If you are exposing it to areas which are profitable but very risky, then you are unlikely to achieve success by your investment. Hence, a balanced fund such as ICICI Prudential Equity and Debt Fund must not skip your investment plan, no matter what kind of profile you dwell. It works as a complete food for infusing health to your investment plan, thus glorifying your chances to attain success at investing.
To ensure that you are headed in the right direction with your investments, MySIPonline brings to you the latest bulletin on the best mutual funds in India. Given below is a complete analysis of ICICI Prudential Equity and Debt Fund G that will help you create an effective plan for achieving your goals.
How has the Fund Performed in the Past?
ICICI Equity and Debt Fund (erstwhile ICICI Balanced Fund) has been operating in the market for about two decades. Hence, we have plenty of information to analyse its past performance. For instance, the last five years data can be used as a measure for this fund’s performance that will help us gauge its future. The data shows that it has earned returns that amounted to 18.82%, beating the benchmark (CRISIL Hybrid 35+65 Aggressive) returns as well as those earned by the peers. Also, the fund stands amongst the top five return churners in the balanced fund category, which makes it a superb choice for a prospective investment.
What Goes into the Portfolio?
Being a balanced fund, ICICI Prudential Equity and Debt Fund (Growth) follows a very through strategy that involves intelligent application of the fund’s capital across discrete sectors. The equity and debt have been kept at the levels of 67.94% and 31.46%, respectively, thus allowing plenty of space for high energy stocks as well as a decent area for the protective debt funds.
Looking at the industry-wise dissection, the fund has involved many top running industries in its portfolio. Energy, Financial, Technology, and Automobile are the major sectors involved, which allows the portfolio to grasp on the collective advantages offered by them.
What is the Risk Level?
As evident form the above breakup of the portfolio, it is clear that ICICI Prudential Equity and Debt Fund – Regular Plan (Growth) has involved a wide range of stocks. As a result, the risk of the failure of the portfolio has been reduced significantly as if one or two industries fail to perform, the other will compensate for their share of loss. Also, the fund managers monitor and rebalance the portfolio on a periodic basis. This allows the fund to be in line with the market, and doesn’t let it fall prey to the sudden market changes.
Who Shall Invest in ICICI Prudential Equity and Debt Fund?
Ideally, this fund is for all. Even if you are an aggressive investor, you must include a well-devised balanced fund in your investment plan. It acts as fibre and brushes away the excess risk piling up on your portfolio. Buying an SIP plan in ICICI Prudential Equity and Debt Fund (Growth) at MySIPonline will give you the perfect start to a healthy investing.