ICICI Prudential Dynamic Asset Allocation Passive FOF NFO 2026: Complete Review, Strategy, Risks & Should You Invest? The mutual fund industry has been seeing increasing interest in dynamic asset allocation , where the equity and debt allocation can change depending on market conditions. Now, ICICI Prudential Mutual Fund has launched a new product called ICICI Prudential Dynamic Asset Allocation Passive FOF . The interesting part is in the name itself. It is Dynamic Asset Allocation because the fund can change its allocation between equity and debt. It is a Passive FOF because instead of directly selecting individual stocks and bonds, the scheme primarily invests in passive equity and debt-oriented index funds or ETFs. This makes the fund different from a traditional Balanced Advantage Fund and also different from the existing ICICI Prudential Dynamic Asset Allocation Active FOF. In this article, let's understand the fund from every important angle — what it is, how it work...
There is no right age for saving money. When you were a toddler, your parents must have already started saving for you. Now, you are at that age where you understand the concept of saving. You can start right away. I remember when I was very young my parents bought me a Gullak (piggy bank). It was made out of tin (not a regular clay vessel). My parents were wise enough to share the lesson of savings with me. They regularly gave me some pocket money with a condition that half of the money must go into gullak. I always use to put half of my pocket money in gullak. Rest of the money I spent and left everything I put again in gullak. This habit developed a sense of saving inside my mind. Which tremendously helped me in my coming years. So, one by one I filled 5 gullaks with hard cash. They were very heavy to carry. In school, my classmates came on a b...