ICICI Prudential Balanced Advantage Fund is an open ended dynamic asset allocation fund that aims to generate reasonable returns in various market scenarios.
Markets have their ups and downs, however to make the most out of these market movements, one should buy when the market valuation is low and sell when the market valuation is high.
It may sound easy, but difficult to implement due to the following reasons:
Please note that the Risk-o-meter(s) specified above will be evaluated and updated on a monthly basis as per SEBI circular dated February 28, 2023 on Product Labelling in Mutual Fund schemes - Risk-o-meter. Please refer to https://www.icicipruamc.com/news-and-updates/all-news for more details