Comment on Introducing Balance - Clever ways to save

Balance commented on 05 May 2017, 03:40 PM

Hi Jason

No, we do not posses a crystal ball or any such instruments , nor do we believe that the fund manager will be investing in junk investments.
However, the ICICI Prudential Money Market Fund- Growth does indeed currently show returns of 8.55% over 5 years, however these number do fluctuate a bit. Up till recently- March’17 the 5 year returns were at 8.65%. We claim a growth of up to 8.65% to give a clearer picture of the potential of growth here.

Additionally, investments held for a longer duration have historically lead to returns higher than even 8.65%

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