5 out of 6 NFOs of mutual funds are open at this time
Through them you can invest in stock market and gold.
Last year, the way mutual fund industries in Corona showed a boom in launching new fund offers (NFO), this year is the same situation. At this time, new products of 7 mutual funds have been launched. You can invest in it with 500 rupees.
Multicap of Aditya Birla Sun Life
Among these 7 products, Aditya Birla is the first to talk about the multicap product of Sun Life Mutual Fund. This is a product that will invest at least 25-25% of your money in big stocks, small shares and medium-sized stocks. The rest of the money will be invested in a place other than the stock market. Similarly, HDFC Mutual Fund has launched Asset Allocator Fund.
HDFC’s Fund of Funds
This product of HDFC is Fund of Funds. Asset Allocator means investing in multiple segments i.e. putting your money in many places. The scheme will invest in the stock market, in gold ETFs and in companies like papers or bonds. It is the second largest fund house in the country on a quarterly basis. It also has a brand name.
Axis AAA Bonds
Axis Mutual Fund has launched a product called AAA Bond Plus. It will invest in bonds of companies that are AAA bonds and those with state development loans. AAA bonds because they are at the top in terms of security. However in some cases these also default. Defaults such as DHFL and IL&FS were rated AAA.
Canara Robeco’s Focus Fund
Canara Robeco Mutual Fund has launched Focused Equity Fund. It is an open ended equity scheme. It will invest in a maximum of 30 shares. That is, it is a way to earn profit by investing in fewer and selected stocks. PPAFS Fund will launch a new product on 7 May. It will be a value hybrid fund that will close on May 21. The scheme will invest in debt and money market resources.
Mirai’s ETF Product
Mirai Asset Mutual Fund has launched a new product called NYSE Fang ETF. It will invest in stocks that will be listed on the New York Stock Exchange and which will be new companies. These will be new companies like Amazon, Google, Facebook and Net Flix, whose shares will be invested.
Invest from 500 rupees
You can invest 500 rupees in mutual funds or even 100 rupees in some places. However, by investing a fixed amount every month in SIP, you make a big money in the long run. Mutual funds have the highest level of safe and average returns among all financial investments in the country. There is nowhere as much transparency as there is in this industry. More than that, the agent gets the lowest commission on your investment here. However, if you want, you can also invest in direct funds in mutual funds.
Mutual funds invest your money in many places
The biggest advantage of investing in mutual funds is that your money is invested in many places. That is, investments are made in big companies, small companies and medium companies in the stock market. Also, some money is put on gold and other places as well. This is done so that you are at a disadvantage at one place, you benefit at another place. Also, investing through mutual funds is better because here the experienced team of years invests your money.
