Mutual fund: If you are looking for investment opportunities in Mutual Funds, then this could be news for you. Actually, ICICI Prudential Mutual Fund has had a great performance. If we look at the returns of the last two years, till March 9, all the schemes of ICICI Prudential Mutual Fund have given more than 25% return in equity. Its Bluechip Fund returned 26.53%, Large & Mid Cap Fund 30.52%, Multicap Fund 26.19%, India Opportunities Fund 39.87%, Value Discovery Fund 39.13%, Focused Equity Fund 31.81 and Dividend Yield Equity 39.23%. Have given. On the other hand, Equity & Debt Fund has given 32.93% return, Multi Asset Fund 31.61%, Asset Allocator Fund of Fund 18.59% and Balanced Advantage Fund 16.91% in its hybrid scheme during the same period.
what the experts say
ICICI Prudential Executive Director (ED) and Chief Investment Officer (CIO) S. Says Naren, “We are positive about India’s growth story. Investors should do asset allocation at such a time that systematic investments are in equity and debt funds. In the market segment, he believes that large caps will prove to be better than mid and small caps. In the last 6 months, foreign investors have sold shares worth $ 15.41 billion in the Indian market, which is the highest since 2008. These investors mostly invest in large caps only.
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will benefit in the long run
Naren says that the equity outlook remains positive in the long run. Whether it was the 2008 crisis, 2020 or now, the market has come out of every downturn rapidly. In such a situation, multi asset schemes can give good returns in the future. He said that investors from the equity segment can invest on the basis of next 2-3 years. After the Ukraine issue is resolved, the market will see a sharp rally. However, high oil prices are definitely a concern for India. He says that since March 2020, the Indian market has made a significant recovery.