Shashi Tharoor, Chairman of the Parliamentary Standing Committee on Information Technology and former Minister of State for HRD and External Affairs, filed his nomination papers for Thiruvananthapuram Lok Sabha seat in 2024 general elections. He has declared that his total investments in mutual funds was at Rs 1.72 crore.
An increasing urge to invest in flexi-cap funds considering the increasing frequency of market volatilities and the resulting economic turmoil that has relegated many large-cap companies to the backfoot while propelling the mid-sized and small-sized companies to lead the stock market from the front.
Helios Mutual Fund announced the launch of Helios Flexicap Fund. The scheme opens for public subscription on October 23, 2023, and will close on November 06, 2023.
Mutual funds have a track record of being long-term investments where investors pool their funds and invest through fund managers in stocks, bonds, and other securities.