1. Advisorkhoj
  2. Post Your Queries
  3. Mutual Fund
  4. Should I invest in arbitrage funds and ICICI Prudential balanced advantage fund fro short term

Should I invest in arbitrage funds and ICICI Prudential balanced advantage fund for short term

I have SIPs in ICICI Value Discovery, ICICI Balanced, SBI Bluechip, SBI Pharma. I want to invest lumpsum of 5lakh+ and thinking of investing in Arbitrage Funds for short term and in ICICI Balanced Advantage Fund. Please give your opinion and suggest any other alternative for lumpsump investment?

Aug 8, 2016 by Mukund, Pune  |   Mutual Fund

Your fund selection for SIPs is good.

For your short term lumpsum investment of Rs. 5.00 Lakhs, your choice of arbitrage fund is also good. Please check the Top performing Arbitrage funds from here.

However, if you are looking for investing in ICICI Prudential Balanced Advantage Fund for short term, then that would not be a good idea. ICICI Prudential balanced Advantage Fund is a hybrid equity oriented balanced fund and an ideal fund for investors with moderate risk appetite. The ideal investment horizon for this fund should be minimum 3 years and above.

comments powered by Disqus
You haven't found the answer for your queries? Do post your queries to us.
POST A QUERY

© 2016 Advisorkhoj - A Gamechanger Business Services (I) Pvt. Ltd. Brand - All Rights Reserved

Feedback