Fund Review: ICICI Prudential Equity & Debt Fund and Canara Robeco Bluechip Equity

ICICI Prudential Equity & Debt Fund Perfect Balancer With volatility engulfing the equity markets, and debt offering better returns, it is ideally advisable to invest in a fund that derives benefit from both these asset classes. ICICI Prudential Equity & Debt Fund is one such fund that offers investors a blend of safety and capital appreciation. It combines a portfolio of high-quality equity stocks, safer debt, and money-market instruments. It maintains an equity portfolio of 65-70 per cent with the rest in debt, cash, and cash equivalents. The fund manager has balanced out the exposure to equity by increasing or decreasing investment in debt, which consists of high-rated sovereign, AAA- and AA-rated papers, ensuring both credibility and safety. Its long-term performance and ability to contain volatility makes it a good investment option for those seeking advantage of both debt...