Which is the best asset allocator fund?
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Which is the best asset allocator fund?
2. Top Best Multi Asset Allocation Funds
| Mutual fund | 5 Yr. Returns | 3 Yr. Returns |
|---|---|---|
| HDFC Dynamic PE Ratio Fund of Funds | 11.85\% | 14.31\% |
| Sundaram Multi Asset – Direct Plan – Growth Option | 8.58\% | 9.88\% |
| Sundaram Multi Asset Growth | 7.61\% | 8.84\% |
| Union Asset Allocation Fund Growth Option Direct Plan | 7.62\% | 8.15\% |
Is Icici asset allocator fund a debt fund?
ICICI Prudential Asset Allocator Fund is an open-ended fund of fund scheme investing in a mix of equity, debt, and Gold ETFs. The scheme may invest all the capital in equity-oriented schemes or debt-oriented schemes based on the market conditions. The fund strives to deliver long-term wealth creation.
What is an asset allocator fund?
An asset allocation fund is a fund that provides investors with a diversified portfolio of investments across various asset classes. Popular asset categories for asset allocation funds include stocks, bonds, and cash equivalents that may also be spread out geographically for additional diversification.
Which Balanced Advantage Fund is best 2021?
| Mutual fund | 5 Yr. Returns | Min. Investment |
|---|---|---|
| DSP Equity & Bond Fund | 14.73\% | ₹500 |
| Mirae Asset Hybrid – Equity Fund – Direct Plan – Growth | 17.25\% | ₹5000 |
| Edelweiss Balanced Advantage Fund – Direct Plan – Growth | 15.92\% | ₹5000 |
| Axis Equity Hybrid | — | ₹5000 |
How do asset allocator funds work?
Main Features of Asset Allocation Mutual Funds The funds work around the idea that increasing the percentage of one or more asset classes in an investment portfolio will help the investor to cushion the risks associated with a specific asset class. Optimal ROI through investment in a diversified portfolio.
How do you allocate funds?
To allocate funds:
- Open the Financial Overview. See Viewing the Financial Overview.
- Right-click the Total Fund Request form, and then select Allocate Fund.
- In Allocate Fund, specify or select the values that are applicable for your project: Funding Source Code—Identify the funding source.
- Click OK.
How should I allocate my money?
Poorman suggests the popular 50/30/20 rule of thumb for paycheck allocation: 50\% of gross pay for essentials like bills and regular expenses (groceries, rent, or mortgage) 30\% for spending on dining/ordering out and entertainment. 20\% for personal saving and investment goals.
How good is Icici balanced Advantage Fund?
Among balanced advantage schemes, ICICI Prudential Balanced Advantage Fund is the top performer in the past five-year and 10-year periods. It has given returns of 9.2\% and 12\% in the past five-year and 10-year periods, respectively, when its peers generated average returns of 8.9\% and 9.7\% over the same time periods.
What is the current NAV of Icici balanced Advantage Fund?
ICICI Pru Balanced Advantage Fund(G)
| Current NAV ( Rs. ) | 48.92 -0.06(-0.12\%) |
|---|---|
| Category | Hybrid – Balanced Advantage |
| Launch date | 30/12/2006 |
| Type | Open ended |
| 52 week low / High | 41.55 49.81 |
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