Best mutual funds to invest right now in 2024
Large cap, mid cap, and value funds are the best mutual funds to invest in 2024 based on their past one-year returns.
Source: livemint.com
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Magic of compounding: ₹1 lakh invested in this value mutual fund became ₹16 lakh in 18 years
Value fund refers to a mutual fund that follows value investment strategy with a minimum of 65 percent investment in equity.
Source: livemint.com
SKG Assets and Holdings launches SKG India Value Fund; details here
SKG Assets & Holdings recently launched the SKG India Value Fund. This represents SKG’s strategic shift into asset management, with a focus on the small and medium-sized enterprise sector, it said.
Source: livemint.com
Magic of compounding: Your ₹1 lakh investment in this fund would have swelled to ₹5 lakh in 10 years
If you had invested ₹one lakh in Nippon India Value Fund, your return would have swelled to more than ₹5 lakh by now
Source: livemint.com
Every scheme in 5 equity mutual fund categories offer over 20% in three years
The contra fund category gave an average return of around 29.19% in the three year horizon. The category has three schemes. They have offered returns ranging between 23.18%-38.87%. SBI Contra Fund offered the highest return of around 38.87% in the three year horizon.
Source: indiatimes.com