[Fund Pick] ICICI Prudential Equity & Debt Fund Striking Go Hybrid Fund Mine
Business Standard|May 27, 2024
ICICI Prudential Equity & Debt Fund, launched in November 1999, featured in the top 30th percentile of the aggressive hybrid fund category of the CRISIL Mutual Fund Ranking (CMFR) for three consecutive quarters through March 2024.
[Fund Pick] ICICI Prudential Equity & Debt Fund Striking Go Hybrid Fund Mine

The fund's month-end assets under management rose to 33,502 crore in March 2024 from 16,395 crore in March 2021, translating into an annualised growth rate of 26.9 per cent compared to the category's 17.95 per cent.

The fund aims to provide capital growth as well as regular income by predominantly investing in equities, with debt and money market securities making up a smaller pie.

Manish Banthia, Sankaran Naren, Mittul Kalawadia, Sri Sharma, and Akhil Kakkar have been managing this fund since September 2013, December 2015, December 2020, April 2021, and January 2024, respectively.

Trailing returns

Esta historia es de la edición May 27, 2024 de Business Standard.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición May 27, 2024 de Business Standard.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE BUSINESS STANDARDVer todo
Business Standard

Investing for children: Buy house or opt for MFs?

I was speaking to Meera and her spouse, Karan, about their financial plan.

time-read
3 minutos  |
June 17, 2024
Failure to report foreign income leads to loss of DTAA benefit
Business Standard

Failure to report foreign income leads to loss of DTAA benefit

Not reporting foreign assets and income may also result in penalty and even jail sentence

time-read
4 minutos  |
June 17, 2024
Sparks fly after Musk's EVM post, Chandrasekhar offers 'tutorial'
Business Standard

Sparks fly after Musk's EVM post, Chandrasekhar offers 'tutorial'

Tesla and SpaceX Chief Executive Officer (CEO) Elon Musk has said that electronic voting machines (EVMs) should be eliminated as they are prone to \"getting hacked\" by humans or AI (artificial intelligence).

time-read
2 minutos  |
June 17, 2024
Fresher hiring in IT sector tumbles to 2-decade low
Business Standard

Fresher hiring in IT sector tumbles to 2-decade low

India's software services companies have hired between 60,000 and 70,000 freshers in FY24, the lowest intake in two decades, according to HR firm Xpheno.

time-read
3 minutos  |
June 17, 2024
Business Standard

DAUGHTERS INC

The unfolding succession at several Indian family businesses is shining the spotlight on daughters

time-read
4 minutos  |
June 17, 2024
Is Nabfid the answer to India's infra woes?
Business Standard

Is Nabfid the answer to India's infra woes?

Though earlier such attempts had failed, Nabfid should succeed as the ecosystem is changing

time-read
5 minutos  |
June 17, 2024
Fintech's time and tide for turning
Business Standard

Fintech's time and tide for turning

A self-regulatory framework will reshape how the sector does business but it must find people who will helm the system

time-read
4 minutos  |
June 17, 2024
Seven things digital lenders must do to manage risks
Business Standard

Seven things digital lenders must do to manage risks

Every adversity brings with it the seed of an equivalent advantage, said Napoleon Hill in his bestselling book Think and Grow Rich.

time-read
2 minutos  |
June 17, 2024
Macrotech and Oberoi Realty elevate Mumbai skyline with highrise sales
Business Standard

Macrotech and Oberoi Realty elevate Mumbai skyline with highrise sales

ARCHITECTS OF MARKET DOMINANCE: Leading largecap realty stocks with 29% to 33% gains in recent surge

time-read
2 minutos  |
June 17, 2024
Business Standard

Unveiling a champion: How this fund beats the rest

HDFC Flexi Cap Fund, launched in January 1995, has consistently ranked in the top 30th percentile of the flexicap fund category in the CRISIL Mutual Fund Ranking (CMFR) for three consecutive quarters through March 2024.

time-read
1 min  |
June 17, 2024