Invest Aaj For Future

Axis mutual fund has launched its (new fund offer)NFO Axis NASDAQ 100 Fund of Fund, an open-ended scheme that invests in units of ETFs which ultimately invests in NASDAQ 100 TRI. The new fund offer(NFO) Axis NASDAQ 100 Fund of Fund opens on the 7th of Oct. 2022 and closes on Oct. 21, 2022. The Investment objective of the scheme is to replicate the performance of the NASDAQ 100 TRI by investing in ETFs whose main objective is to track /replicate the performance of the NASDAQ 100 TRI index, subject to tracking error. This fund will be managed by Mr. Hitesh Das. You can also read - How to make one Crore rupees by investing in Mutual Funds The major Advantages of investing in Axis NASDAQ 100 FUND OF FUND are 1- Access to leading global tech companies, which are not available in India. 2- Invest in one of the world's largest large-cap index with global exposure. 3- Invest in the themes which are not available in India. Like big data, cloud computing, electric batteries, etc....

HDFC Mutual Fund launched its NFO(new fund offer)HDFC Silver ETF FoF on 07th October, and the NFO will close on 21st of this month. This fund of fund scheme will invest in HDFC Silver ETF, which was earlier launched by HDFC AMC.  This fund allows investors to invest as low as 100 rupees. HDFC Silver ETF FoF will invest more than 95% of its asset in the units of HDFC Silver ETF and the rest amount will be invested in debt and money market instruments. This fund has the only option of growth, dividend payout option is not available. An investor can invest through either direct plans or regular plans. This fund has an exit load of 2% if redeemed within six months from the date of allotment. And 1% exit load will be charged if redeemed before one year of allotment. There will be no exit load if redeemed after one year from the date of allotment. Why invest in silver now? Silver is widely used as an industrial commodity. It is heavily used in portable devices in industrial e...

LIC Mutual Fund to launch its new fund offer LIC MF "MULTICAP FUND", which will open for Subscription from 06 Oct to 20 Oct. According to the new SEBI guidelines, the multi-cap fund should have a minimum 25% investment in each market cap stock. The mutual fund house that has the multi-cap fund earlier has to follow the new guideline. They can convert the earlier multi-cap fund to the flexicap category and can launch a new fund offer for the multi-cap fund. Hence LIC Mutual Fund has to convert the earlier fund to the flexicap category and launch the new fund offering a multi-cap fund. Multicap mutual fund has to invest at least 25% of its fund in each of the market cap stocks like large-cap, mid-cap, and small-cap. There will be no sector bias while selecting stocks for its portfolio. The remaining 25% investment will be decided by the fund manager where to invest depending upon the market condition. According to LIC Mutual Fund, "LIC MF Multicap Fund" wi...

One of the basic rule of investing is with the increasing age we should invest in less risky assets like fixed income assets, which means the older we grow, the lesser risk we should take. At old age, our income is less as well as our risk-taking capacity. So while investing we should consider less risky investments like fixed income assets to protect our hard-earned money. So what should be the asset allocation in our old age? There is a common thumb rule of asset allocation called the 100 minus age rule. According to this principle, individuals should invest in an equity asset class or stocks equal to 100 minus their age. So if your age is 60 years, 40% of your portfolio should be in equities. The rest would be in AAA-rated bonds, government debt securities, and other relatively safe assets. Key takeaway 1- The basic principle of investing is to reduce risk as you grow older. One of the common rules of asset allocation is to invest a percentage in equity or stocks equal t...