Watch for asset allocation amid current market tumult, Chintan Haria of ICICI Prudential AMC tells Anil Singhvi; recommends these funds to investors

Investors who have focused on asset allocation must not worry too much amid the ongoing market tumult and must see if their existing investments have a 4-5 year horizon, Chintan Haria, Head Products & Strategy, ICICI Prudential AMC Ltd tells Zee Business Managing Editor Anil Singhvi in an exclusive chat. 

 

He said that in any new investment, investors must watch out for asset allocations.  

      

Mutual Funds are considered to be safer and offer higher returns than a fixed deposit, Haria said.  

However, the challenge lies in choosing the right Mutual Fund, he opined. 

 

To help you make an informed decision, he gives some useful tips to the investors.  

 

ICICI Prudential Balanced Advantage Fund 

 

The scheme seeks to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities, and pure equity investments. 

 

Launch Date: 1 January 2013 

 

AUM: 38,544 Cr (As of 31-Jan-2022) 

 

Top Holdings 

 

ICICI Bank 5.64% 

 

Reliance Industries 5.32% 

 

Infosys 5.68% 

 

HDFC Bank 3.99% 

 

Bharti Airtel 2.78% 

 

Returns offered are as follows:- 

 

For a period of 1 year - 7.89% 

 

For a period of 3 years - 12.19% 

 

For a period of 5 years - 11.06% 

 

Return Since Launch - 12.75% 

 

ICICI Prudential Bluechip Fund 

 

The scheme seeks to generate long-term capital appreciation and income distribution to investors from a portfolio that is predominantly invested in equity and equity-related securities of large-cap companies. 

 

Launch Date: 1 January 2013 

 

AUM: 31,272 Cr 

 

Top Holdings 

 

ICICI Bank 10.04% 

 

HDFC Bank 7.78% 

 

Infosys 6.63% 

 

Reliance Ind 6.15% 

 

Axis Bank 5.68% 

 

Returns offered are as follows:- 

 

For a period of 1 year - 11% 

 

For a period of 3 years - 15.15% 

 

For a period of 5 years - 13.54% 

 

Return Since Launch - 14.65% 

 

ICICI Prudential Value Discovery Fund 

 

The scheme seeks to generate returns through a combination of dividend income and capital appreciation by investing primarily in a well-diversified portfolio of value stocks. 

 

Launch Date: 1 January 2013 

 

AUM: 23,035 Cr 

 

Top Holdings 

 

NTPC 8.63% 

 

Sun Pharma 7.61% 

 

Bharti Airtel 6.70% 

 

Mahindra & Mahindra 5.39% 

 

ONGC 5% 

 

Returns offered are as follows:- 

 

For a period of 1 year - 23.43% 

 

For a period of 3 years - 20.54% 

 

For a period of 5 years - 14.40 

 

For a period of 7 years - 11.55% 

 

Return Since Launch - 17.64% 

For more details, Watch Full Video Here:-

#NiveshKaFunda

लंबी अवधि के निवेश पर बाजार के उतार-चढ़ाव का असर नहीं, फ्लेक्सी फंड्स में भी निवेश से फायदा : चिंतन हरिया, हेड प्रोडक्ट्स & स्ट्रैटेजी, ICICI प्रुडेंशियल AMC@chintanharia | @AnilSinghvi_ @ICICIPruMF pic.twitter.com/YAbcUWn5TZ

— Zee Business (@ZeeBusiness) March 9, 2022