Will these equity funds help me achieve my long term financial goals?
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Last Updated: May 05, 2021, 01:26 PM IST
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I am a 32-year-old and I started investing in mutual funds from Feb 2021. My target is to build wealth for long term of 15 to 20 years for my future expenses, like child education and marriage and my retirement.
I started SIP of Rs 13,500 which is as follows:
Quant Small Cap Fund - Rs 2,000
I want your suggestions as I am new to investing.
Bank of Baroda allots 55 crore shares worth ₹4,500 crore to QIBs
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BNP Paribas Arbitrage, SBI Life, LIC, Nippon India Large Cap Fund, ICICI Prudential Business Cycle Fund each allotted more than 5% equity
Eligible qualified institutional buyers (QIBs), including BNP Paribas Arbitrage, SBI Life Insurance Company and Life Insurance Corporation of India, have been collectively allotted about 55 crore equity shares aggregating about ₹4,500 crore by the Capital Raising Committee of the Board of Directors of Bank of Baroda (BoB).
BoB’s qualified institutional placement (QIP) issue opened for subscription on February 25, 2021 and closed on March 2.
According to the bank’s regulatory filing, the issue price of ₹81.70 per equity share (including a premium of ₹79.70 per equity share) was at a discount of 5 per cent to the floor price of ₹85.98 per equity share determined as per SEBI Regulations for equity shares to be allotted to eligible QIBs in the issue.
Best large cap mutual funds to invest in 2021
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Last Updated: Mar 16, 2021, 08:51 AM IST
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Are you looking to finally start investing in mutual funds in the New Year? If yes, this is the right place to be. Here is a list of our recommended large cap mutual fund schemes to invest in 2021.
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Are you looking to finally start investing in mutual funds, especially in large cap funds, in the new financial year? If yes, this is the right place to be. Here is a monthly update on the list of our recommended large cap mutual fund schemes to invest in 2021. The good news is that there is no change in this list from the last list that we put out in February.