My client was very happy with his portfolio returns. Over the last two years, he had made a cool 30% internal rate of return (IRR). “We should invest more in equity, let’s get aggressive… Invest more in small cap funds as it had delivered the highest return,” he explained. When we first met,he was a … Read more
HDFC Mutual Fund has launched NIFTY500 Multicap 50:25:25 Index Fund which was opened for subscription on August 6 and will remain open till August 20. There are options of regular and direct plans with each plan offering growth options only. This index comprises all companies that are part of Nifty500 index with allocations to large cap, mid … Read more
SBI Mutual Fund announced the launch of SBI Automotive Opportunities Fund, an open-ended equity scheme that aims to unlock the potential of automotive and allied business activities. The new fund offer (NFO) opened for subscription on Friday, May 17, and will close on May 31. The fund’s investment universe includes original equipment manufacturers (OEMs), auto … Read more