Investors may opt for a single mutual fund Systematic Investment Plan (SIP) or diversify across multiple SIP schemes to allocate their capital. Strategic investment planning is essential to attain the objective of amassing Rs 1 crore.
As of Dec 31, MF schemes held 3.15 crore shares compared to 1.78 crore in Sept 2023, according to Rupeevest. Schemes from Mirae Asset MF, Quant MF, and Nippon India MF are amongst the fund houses that added shares of Paytm in Dec.
According to a recent analysis by ETMarkets, December witnessed the inclusion of 47 stocks into more than 10 mutual fund schemes, representing a rise compared to the preceding month.