Just because we had so many new things to try and do, from our first mall-visits to eating out at new places, birthday parties, graduation parties, random parties, dates and so on. And as we grew up, we needed more and more money from our parents until we started earning our own money through day jobs and businesses.
But very few of us, actually survive the time that we get pocket money. Most of us will spend 100% of it and ask for more. There are only a few instances where we see ‘smart’ people saving a part of their pocket money to benefit them in some way. We hear about children these days who stand out as shining examples of what we could have achieved at that age if we had known the idea of ​​raising money! We sometimes regret not having enough financial knowledge.
If you have noticed, even today our children need pocket money. But we can help them with financial literacy too, right? So that they learn about the concepts of saving money, growing money, investing money which we never learned. We can teach them about bad loans and how to take care of money so that when they grow up, they become financially independent young people who can probably pay for their tuition fees and professional courses with their own saved money. Can also pick up This is where we would like to introduce you our product named – ICICI Prudential Balanced Advantage Fund. The scheme allows smart usage of your money based on market fluctuations so as to manage your risk and reap potential returns.
Fund managers play a huge role in handling the scheme by bringing the benefit of an expert eye to understand and analyze the market conditions before investing their money in stocks and bonds. We often get emotional about our money for reasons of ownership and confidence. So it is better that you leave the task of growing your money to people who have expert team and years of experience in handling and growing money depending on your objectives.
Let us see how ICICI Prudential Balanced Advantage Fund (BAF) can help your children achieve financial independence.
1, 2, 3 and 4 of ICICI Prudential Balanced Advantage Fund:
1. The A in BAF stands for ‘Profit’. This means that with this scheme you can invest in both equity and debt world as per the market conditions.
2. The B in BAF stands for ‘Balanced’. Our fund managers intelligently balance your portfolio in this scheme by investing in debt when the market is up and equity when the market is down.
3. BAF aims to minimize and limit losses even when the market is down.
4. The scheme invests in companies across various sectors.
It goes without saying that we too want the best for our children. This Children’s Day, take your first step towards your children’s future by imparting financial knowledge and investing in ICICI Prudential Balanced Advantage Fund and gift them financial freedom!
Start investing today, tomorrow, for a better future for your children
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Please note that the Risk-O-Meter specified above will be assessed and updated on a monthly basis. The above Riskometer is as on October 31, 2022.
Disclaimer:
ICICI Prudential Freedom SIP is an optional feature that allows initial investment through SIP, switch to any other scheme after a pre-defined tenure and SWP. The SWP will be processed either till December 2099 or till the units become available in the target scheme, whichever is earlier. This facility does not in any way assure the performance of any scheme of ICICI Prudential Mutual Fund or give any guarantee of withdrawal through SWP mode. Freedom SIP allows investors to convert SIP investments into a target plan, and the monthly SWP will continue from the target plan after the completion of the SIP tenure. Please read the terms and conditions in the application form before investing or visiting www.iciciprumf.com. This feature should not be associated with or confused with the Freedom SWP; Both are different facilities provided by ICICI Prudential AMC Limited.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.