Mutual fund
For the past several months, volatility in the Indian stock market has been at its peak. Due to this, investors have suffered heavy losses. The most damage has been done to investors investing in mid -cap and small cap mutual funds. Due to this, the demand for companies with strong fundamentals has increased. In view of this, ICICI Prudential Mutual Fund has announced the launch of ICICI Prudential Quality Fund, which is an open-end equity scheme based on the quality factor theme. The new fund offer (NFO) is open on 6 May and will close on May 20, 2025. The money of this fund will be invested in companies with strong fundamentals. This will reduce the risk of investors and will not have much effect of market volatility.
Effective in protecting from instability
Amidst the increasing global economic uncertainties including the situation like war with Pakistan and the weak results of companies, AMC believes that quality shares can face the storm. These companies usually perform better in the period of instability due to their strong balance sheets and growth records. About 625 companies include about 40–60 names based on quality and evaluation filters in the fund’s portfolio manufacturing process.
What kind of company will be election
The goal of this scheme aims to invest in companies that display the history of strong basic things such as high returns (ROE) on equity, strong cash flow and good capital allocation. These factor can become the backbone of the plan stock selection strategy together with a proper assessment approach. On the scheme launch, ED and CIO of ICICI Prudential AMC S Naren said, “Today’s economic uncertainty and slow growth environment are the most different businesses with strong financial positions and sustainable profitability.”
The goal of ICICI Prudential Quality Fund is to take advantage of this possibility by selecting high quality companies available on proper assessment, which aims to create a flexible portfolio designed to perform in market cycles. With an attractive evaluation in the quality segment, we believe that this is a suitable time for investors to adopt quality-focused strategy.
Disclaimer: This article is written only for the purpose of information. Before any type of investment or before taking financial risks, consult your financial advisor. India TV will not be responsible for any type of risk.
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