Quant BFSI Fund, the topper in the category, gave 13.45% return in the last three months. This scheme was the only scheme that offered double-digit returns.
Multi-asset allocation funds stand out as a versatile investment option, suitable for those embarking on their investment journey and seasoned investors seeking diversification, says Chakrivardhan Kuppala, Co-founder and Executive Director at Prime Wealth Finserv.
The primary motive for any mutual fund is to generate returns for its investors. IPOs often present unique opportunities in this regard. These offerings can sometimes offer a chance to buy into a promising company at an early stage, potentially reaping significant rewards as the company grows.
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