The fund strategy will have a minimum allocation of 25 percent each to large-cap, mid-cap, and small-cap stocks, which is in line with the investment mandate of multi-cap funds.
Weekly Musings – NFO Pick (PGIM India Retirement Fund) indiainfoline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiainfoline.com Daily Mail and Mail on Sunday newspapers.
Hybrid funds invest in both equity and debt with the goal of balancing risk and reward, and optimizing investment returns. The tax treatment of equity-oriented hybrid schemes is similar to that of equity schemes
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At least seven mutual fund schemes managed by ICICI Prudential Mutual Fund have managed to top the chart in their respective categories during the past 12 months. Sankaran Naren, ED and CIO, ICICI Prudential AMC , explains how.