ICICI Pru Regular Savings is one of the top-performing funds from the conservative hybrid funds category, delivering category-beating returns across time-frames. It invests 10-25 per cent of assets in equities and the rest in debt instruments.
Manish Banthia Fund manager - Debt - ICICI Prudential Regular Savings
Post re-categorisation, the fund maintained its equity allocation at 11-17 per cent. One-third of the equity portfolio is in small- and mid-cap stocks that spices up the scheme’s returns. On the debt side, the fund bets on higher accrual income while taking moderate duration calls. Large allocation to relatively lower-rated bonds pegs up credit risk. Hence the fund is suitable for investors with a medium-to-high risk profile who are aware of the credit risk associated with mutual funds.
Source: NAVIndia, ACE MF and factsheets
Interactive by Annapurani V
SHARE
- Copy link
- Email
- Facebook
- Telegram
- LinkedIn
- WhatsApp
- Reddit
Published on October 5, 2019
Comments
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.