Stay updated with breaking news from Midcap Fund. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
PGIM India Mutual Fund and Bajaj Finserv Mutual Fund have introduced their respective Large & Midcap Funds, following a trend of other asset management companies launching similar funds. These funds provide a combination of stability and growth potential by investing in both large & mid-cap stocks.
The fund seeks to invest in companies that enjoy a distinct competitive advantage over their peers, in what is known as a Moat Investing strategy. Bajaj Finserv MF started operations in 2023.
The scheme is benchmarked against Nifty Large Midcap 250 TRI. It will be managed by Nimesh Chandan and Sorbh Gupta for equity investments and Siddharth Chaudhary for debt investments.
PGIM India Mutual Fund launches PGIM India Large and Mid Cap Fund, an open ended equity scheme investing in large cap and mid cap stocks. The NFO is open for subscription until February 7. Managed by Vinay Paharia, Anandha Padmanabhan Anjeneya, Utsav Mehta, Puneet Pal, and Ojasvi Khicha, the scheme aims to seek long-term capital growth.
While mid-cap mutual funds carry a significant amount of risk, certain funds have delivered strong one-year returns. Notably, Nippon India Growth Fund and Mahindra Manulife Mid Cap Fund have generated higher returns than popular indices like Nifty Midcap 50 and S&P BSE MID CAP