Balance in life is all about making choices and enjoying those choices. Everyone needs to make choices in different stages of our lives and how we are able to enjoy these choices that we make is what makes our life balanced.
Investment, like life, is also all about making the right choices. Life is full of uncertainties and so is the market. So it is very imperative that the choices that we make use of these risks to mitigate them to the least and thus achieve the maximum returns.
Life is also a balance of holding on and letting go. And ironically, our investments also need to be a perfect balance of both. In order to ensure that our investments yield us the best returns, we need to learn to hold on to them for the right amount of time and also let it go at the right time.
However, in the fast paced life that we all live in, whether we are novices or seasoned investors, it becomes extremely difficult for us to keep a track of our investments and beat the vagaries of the ups and downs of the capital market and that is where the mutual funds come to our rescue.
While investing in mutual funds, it is vital that we again strike the right balance. The balance between providing continuous growth in the value of our investments while at the same time providing safety to the hard earned money that we invest is what we look forward to the funds that we put our money in.
Dynamic Asset Allocation Funds are the answer to our prayers and ICICI Prudential Mutual Fund has the perfect solution for all our woes with the amazing investment solution in ICICI Prudential Balanced Advantage Fund.
ICICI Prudential Balanced Advantage Fund is an open ended equity oriented fund that strives for growth by investing in equity markets and at the same time providing safety too by investing in debt instruments and thus provides multiple benefits to our investments.
The advantages of investing in this fund is that apart from the investment in both equity and debt instruments, it provides tax-free returns being an equity oriented fund and hence returns earned after one year being tax free as per the prevailing tax laws.
The investment in this fund can be made for a minimum amount of Rs.5000 and minimum additional application amount of Rs.1000 with minimum redemption amount of Rs.500.
With no entry load at all, the exit load is nil for total redemption of investments for more than 18 months and also if only up to 20% of the investments are redeemed up to 18 months from allotment. The exit load is just 1% of the applicable NAV for redemption of more than 20% of the units within 18 months of the allotment.
The ICICI Prudential Balanced Advantage Fund is surely the right investment for all of us who are seeking long term wealth creation since it aims for growth by investing in equity and derivatives too.
Let us learn to achieve a balance in our investments and thus in our lives by investing in the ICICI Prudential Balanced Advantage Fund and get benefited from its in-house asset allocation model which thrives to buy low and sell high and thus aims to gain from the market volatility over the long run.
Disclaimer: Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.