Principal Mutual Fund has launched a large cap fund NFO. As per SEBI’s mandate large cap funds need to invest at least 80% of their assets in the Top 100 companies by market capitalization. The fund would remain open for subscription from 28th September 2020 to 12th October 2020.

This is an open-ended equity fund holding composite portfolio in Indian and US equity market predominantly in large cap stocks.

Here are the NFO issue details. (more…)

Sundaram Mutual Fund has launched Sundaram Bluechip Funds in Large cap open fund category. The fund would remain open for subscription from 17th September 2020 to 30th September 2020. Sundaram Blue Chip Fund NFO Issue Details This is an open-ended equity fund. Here are the NFO issue details. Scheme Opens 17-Sep-20 Scheme Closes 30-Sep-20 Scheme Plans Direct and  Regular Growth and Dividend Minimum investment (Lumpsump) Rs 100 Minimum investment (SIP)…

Different class of asset has its own risk reward generating ability. Asset which involve more risk like equity are generally create better returns as compare to asset class like debt, which involve lesser or moderate risk over a period of time. On the other hand, some asset class like Gold, appreciates when other assets class are in negative returns due to the some or the other factor in overall micro and macro economy. How about if a fund is managed with mix of all these three class of assets together? Thus, there are funds with Multi Assets allocations. (more…)