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Weight – Maximum weight gives +20 int, +20 psyche. Alvarins have an age balancing clade gift that makes age 45 the meta. Higher age = more intelligence, lower age = more dexterity. Intelligence – Magic offense stat that determines your damage and mana pool.Īge – Determines your max stats. Psyche – Magic defense stat that also determines your mana pool and mana regeneration This build requires the Alvarin reduced age clade gift to work properly Stats that matter for magic: I also train my character to have max intelligence and the rest of my points go into psyche (it doesn’t reach max) Pure sheevra age 45, max dexterity, minimum height, maximum weight, 111 hp after constitution modifiers. Works well on foot and horseback but low hp): My example character build (dex fat mage mix. Your cast times while mounted are doubled.Mind blast has a different damage calculation and is determined by your opponent’s difference between their strength and intelligence stat.Intelligence is the stat that governs your spell damage except for mind blast.Psyche is the stat that is used to determine your defense against magic and the likelihood of resisting a spell (takes much less damage).(you will often find yourself riding away from a fight by accident) While mounted, you cannot turn or change speed while precasting a spell.Have to stand still to charge the spell.12 magic schools are planned for the game and Ecumenical magic is only the start containing the same 13 spells that were included in Mortal Online 1. Future course of action from Mr Jain is not yet known.Magic is a staple of Mortal Online and this is only the beginning. Both will be reporting to Navneet Munot, Managing Director & CEO of the fund house. HDFC AMC, in its announcement on stock exchanges, stated that they have appointed Chirag Setalvad as Head - Equities and Shobhit Mehrotra as Head - Fixed Income. However, investors should not be overly concerned as HDFC AMC has a pedigree of experienced and competent fund managers like Chirag Setalvad and Gopal Agrawal at its helm. With the exit of Prashant Jain from HDFC, there will be big shoes to fill for the next rungs of fund managers at the fund house. To give an example, HDFC Flexi Cap Fund has given returns of 14.94 per cent in the last one year as compared to the category average of 4.56 per cent. In the last one year, all the three funds managed by Mr Jain have ranked among the top funds in their respective category. But in the last few months, the theme has started playing out and the funds have rewarded. His previous calls of investing in some public sector undertakings (PSUs) did not work for several years. Again, short term returns were impacted, but returns in following years were quite strong.īut there was also a period of underperformance for Prashant Jain's funds due to his resolute investment style. Similar story was also witnessed in 2007, when he stayed away from real estate stocks. Amidst the height of the tech bull market in the late 90s, Mr Jain started selling IT stocks in 1999 which caused pain in the short run, but as the IT bubble burst in early 2000, Mr Jain was relieved, which lead to immense gains in subsequent years for his investors. Prashant Jain has managed to avoid big disasters when several other fund managers were playing with the momentum in the market.
#Mind reading magic icon how to
Some of the bets which Prashant Jain took in his three-decade old career can be a case study on how to stay away from sectors which are overheated. One of the major traits of Mr Jain while managing money was to have unshakeable belief in his stock picks and not be perturbed by the noises in the market. Even HDFC Flexi Cap Fund (erstwhile HDFC Equity) has rewarded investors with returns of 20.74 per cent since Mr Jain started managing the fund in June 2003.
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HDFC Top 100 Fund, launched in October 1996 and managed by Mr Jain from January 2002, has given returns around 21 per cent CAGR as against 16.56 per cent of Sensex TRI. Prashant Jain's strengths lies in navigating the schemes through various market cycles with a disciplined approach to investing and always having long-term focus in mind while managing investors' money. The fund has given returns of 17.87 per cent since its inception.
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The name was last changed to HDFC Balanced Advantage Fund in June 2018.įrom a small beginning of Rs 35.5 crore in assets in February, 1994, HDFC Balanced Advantage Fund has become one of the largest balanced advantage funds in India with an AUM of over Rs 43,000 crore. The Balanced Advantage Fund was launched as Centurion Prudence Fund in January 1994 and was renamed to Zurich India Prudence Fund and then to HDFC Prudence Fund.