Mutual Funds NFO: If you are looking for a new scheme of mutual fund for investment then you have a good opportunity. 3 New Fund Offers (NFOs) are opening for investment on 30 September 2024, in which there will be opportunity to invest till 14 October. The list of this new fund offer includes 2 NFOs of ICICI Prudential Mutual Fund and one NFO of Aditya Birla Sun Life Mutual Fund. Let us know about the specialties of these three NFOs.
SSY Vs PPF: If you have to invest in both the schemes for 15 years, if you deposit Rs 1.50 lakh annually then where is the more profit? Choose the perfect scheme after looking at the calculations
ICICI Prudential Nifty200 Value 30 Index Fund
This scheme is an open ended equity scheme, which will track the benchmark Nifty200 Value 30 TRI. A minimum investment of Rs 100 will have to be made in this scheme and after this any amount can be invested in multiples of Re 1. The scheme will allocate 95-100% of its assets to equity and equity-related securities, and 0-5% to money market options including units of TREP and debt schemes.
Issue Open Date: September 30, 2024
Issue Close Date: October 14, 2024
Category: Equity Value Oriented
Minimum investment: Rs 100
Lock in period: none
Exit load: none
Benchmark: Nifty200 Value 30 TRI
The Nifty 200 Value 30 index consists of 30 companies from its parent Nifty 200 index, selected on the basis of their ‘Value’ score. The value score for each company is determined on the basis of Earnings to Price Ratio (E/P), Book Value to Price Ratio (B/P), Sales to Price Ratio (S/P) and Dividend Yield. The weighting of a stock is based on a combination of the stock’s value score and its free-float market capitalization.
SIP in MNC Mutual Funds: The secret of high returns, these mutual funds invest money only in the stocks of multinational companies, money increases by 35 to 50% in 1 year
ICICI Prudential Nifty200 Value 30 ETF
ICICI Prudential Nifty 200 Value 30 ETF is an open-ended index exchange-traded fund, which will track the Nifty 200 Value 30 index. The investment objective is to provide returns before expenses that are close to the total returns of the underlying index, subject to tracking errors.
A minimum investment of Rs 100 will have to be made in this scheme and after this any amount can be invested in multiples of Re 1. The scheme will allocate 95-100% of its assets to equity and equity-related securities, and 0-5% to money market options including units of TREP and debt schemes.
Investing Rules: Money has to double in 6 years and triple in 10 years, invest in the scheme giving how much interest, rules 72 and 114 will help.
Issue Open Date: September 30, 2024
Issue Close Date: October 14, 2024
Category: Equity Value Oriented
Minimum investment: Rs 100
Lock in period: none
Exit load: none
Benchmark: Nifty200 Value 30 TRI
PSU Funds Return: 5 schemes giving 66 to 94% return in 1 year, these mutual funds invest your money in strong government companies.
Aditya Birla Sun Life CRISIL IBX AAA NBFC HFC Index-Sep 2026 Fund
ABSL CRISIL IBX AAA NBFC HFC Index – Sep 2026 Fund is an open ended scheme, whose benchmark is CRISIL IBX AAA NBFC HFC – Sep 2026. A minimum investment of Rs 1000 will have to be made in this scheme and after this any amount can be invested in multiples of Re 1.
Issue Open Date: September 30, 2024
Issue Close Date: October 7, 2024
Category : Date Targeted Maturity
Minimum investment: Rs 1000
Lock in period: none
Exit load: none
Benchmark : CRISIL IBX AAA NBFC HFC – Sep 2026
(Note: We have given information about 2 new schemes here. It is not guaranteed whether the old returns of the index will continue in future or not. It may or may not continue in the future. There is risk in the market, Therefore, take expert advice before investing.)
