Mutual Fund

13 Aug

This mutual fund has given 102.05% return in one year

Banasree Sarkar0 CommentsFinanceMutual Fund

We all want to invest in a place where we can get big returns safely. This fund has doubled its money in one year. This mutual fund has given 102.05% return in one year. Many say that the longer the investment is made, the higher the profit. Long-term investment is always recommended, especially in mutual funds. However, many will be surprised to know that mutual funds are not only for the long term, but in many cases, investing in mutual funds for short periods of time can yield huge returns. According to AMFI data, HDFC Defense Fund's Direct Plan has…

10 Aug

SBI Mutual Fund brought SBI Innovative opportunities fund

Banasree Sarkar0 CommentsEconomyMutual Fund

SBI Mutual Fund brought SBI Innovative Opportunities Fund. The objective of this open-ended equity scheme is to provide long-term capital appreciation to investors. It will invest primarily in equity and related instruments of various companies, at least 80 to 100 percent of its assets. The benchmark of this fund is Nifty 500 TRI. The new fund offer opened on July 29. It will be closed on August 12. Shamser Singh, Managing Director and CEO of SBI Funds Management Limited, said, "We are moving towards a developed India. Several initiatives like 'Start Up India' and 'Atal Innovation Mission' have been taken…