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 […]
The problem with Sharpe Ratio and other measures
The Sharpe Ratio is one of the risk adjusted returns method used in evaluating financial investments. Created by William Sharpe, the ratio tells us how much an investment instrument compensates us for the risk it takes. Put it simply, life is good without risk. You and I can safely invest in a government bond, a bank […]