Experts say that if you invest in mutual funds, you will get good returns in the long run. Despite the risk, good funds are more profitable in the long run. It is seen as an alternative to stock markets. Now three new Mutual Funds NFOs have come in the market. Now they can be subscribed.
And in this at least Rs. 500 can be invested. One can invest at once or in SIP form. At least Rs. 500 is enough. You can put any maximum amount. A minimum of 6 installments should be paid for SIP.
Bajaj Finserv Gilt Fund also started subscription.. will continue till January 13. It is an open ended scheme of loan class. In this the minimum investment is Rs. 5000 is. It mainly invests in government securities. That’s why there is no big risk in investing here. This scheme is suitable for investors who expect stable returns in the long run. It has Siddharth Chaudhary and Nimesh Chandan as fund managers.
Also, UTI Mutual Fund has introduced a new quant fund. It is a thematic fund of open ended class. The last date for subscription is 16. The minimum investment in the new fund offer is Rs. 1000 is. The main strategy of this scheme is to earn more profits in the long run. Dipesh Agarwal and Sharwan Kumar Goyal are the managers of this scheme.
About the authorPurnachander ThunamThunam Poorna Chander Samay is currently working as a digital content producer in Telugu. Business related news is written here daily. Provides regular updates on personal finance, investments, mutual funds, stock markets, gold and silver prices. Purnachander has more than five years of experience in journalism. Previously worked in business, national and sports desks in leading media organizations.… Read more
