Why ICICI Pru multi cap mutual fund is a worthy pick
We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.
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We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.
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Floating-rate mutual funds are back in demand after a year-long period of consistent outflows. In the past three months, investors have poured over Rs 6,100 crore into these debt schemes, indicating a reversal in fortunes for the category that recorded outflows for 11 consecutive months (May 2022 to March 2023), totalling Rs 32,250 crore. Floating-rate funds invest at least 65 per cent in floating-rate instruments, which have their interest rates linked to the Reserve Bank of India repo rate.