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Do you want to invest your hard-earned savings somewhere where you’ll earn good returns with less risk? Understanding this need, ICICI Prudential Mutual Fund has launched a new fund called Equity Maximum Variance Fund. This plan invests in those stocks that have less volatility and gradually increase profits. This plan began on November 18 and will remain open until December 2.
safe investment option
This scheme focuses on shares of large, reliable (large-cap) companies, which are less affected by market fluctuations. Each stock is carefully selected to ensure your portfolio is stable and profitable. We are pleased to introduce the ICICI Prudential Equity Minimum Variance Fund,” said S Naren, CEO and Chief Investment Officer, ICICI Prudential Asset Management. The introduction of this scheme reflects our defensive approach by prioritizing low volatility stocks amid high equity market valuations and also works to take advantage of India’s favorable structural and macroeconomic outlook.
Who is this plan for?
If you want to invest money in the stock market but avoid taking too much risk, this plan is a good option for you. This plan is also suitable for those who want to invest in large and stable companies. According to statistics, when the market is stable, mid and small cap indices have given gains of up to 15-18%. Nifty 50 has also given returns of up to 15%.
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Why is it special?
This plan is suitable for those who want to increase their savings safely and profitably in the long term. This low volatility strategy offers a safe option for investors. So if you want to increase your profits in the right direction and avoid risks, this plan can be a great option for you.