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In April, contra/value equity mutual funds witnessed a 68% AUM jump to Rs 1,57,946 crore, attracting investors with a higher risk appetite. These funds invest in out-of-favour or undervalued stocks, offering potential returns amid market volatility. ....
ICICI Pru Child Care Fund-Gift Plan focuses on funding children s education with high returns. A Rs 10,000 monthly SIP could grow to Rs 1.90 crore, outperforming category returns. It blends equity and debt instruments, with notable exposure in telecom services. ....