I was asked to answer a question on Quora: Which debt fund is better for investment for an investment horizon of 3-5 years, Dynamic Bond Funds or GILT funds? While I wrote my answer there, I thought I would share an extended version with you on Unovest. Let’s refresh 2 basics about debt funds first. Debt funds […]
ICICI Pru Balanced Fund – what you need to know
The next fund in the series of the ‘hot’ mutual funds is ICICI Pru Balanced Fund. The fund is a hybrid fund, which means it invests in equity as well as debt. However, the name balanced does not mean the ratio of equity and debt is 50:50. To ensure that it provides the investors the benefit of equity […]
Franklin India High Growth Companies Fund – What you should know?
One of the more popular funds from Franklin Templeton AMC is the Franklin India High Growth Companies Fund. The fund has just completed 10 years of existence. It started in July 2007 when the previous bull market was hitting its peak. As is the norm, new fund schemes get launched during such times to capture on renewed and […]
ICICI Pru Value Discovery Fund – What you should know?
In 2016, ICICI Prudential Mutual Fund became the largest fund house by assets. One of the funds that rode along with it into this stardom was ICICI Prudential Value Discovery Fund, a fund that started as a midcap fund in August 2004. The ICICI Pru value discovery fund’s stated objective is to: to invest stocks available at a […]