MARKET VIEW: TIME TO RESHUFFLE PORTFOLIO
We expect that stock markets are trading near their expected highs for the year. We also feel interest rates will remain stable with an upward bias. Global issues and GST rates and implementation may affect the markets.
We advice investors who are in profit to switch partially or fully into the following funds –
|
Mutual Fund Schemes
|
3-Year Return
|
5-Year Return
|
|
ICICI Pru Balanced Advantage Fund
|
14.69
|
15.75
|
|
Birla Sun Life Balanced Advantage Fund
|
16.82
|
14.55
|
|
Principal Smart Equity Fund
|
11.86
|
13.77
|
We recommend the following funds for the debt category –
|
Mutual Fund Schemes
|
3-Year Return
|
5-Year Return
|
|
UTI Income Opportunities Fund
|
9.91
|
-
|
|
ICICI Dynamic Bond Fund
|
11.11
|
9.57
|
Disclaimer:
Market View: Time to Reshuffle Portfolio /27/ April /2017.
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