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How to Pick Mutual Funds That Beat the Market

  Smart Strategies for Investing in Mutual Funds: A Guide to Maximising Your Returns One of the most well-liked investing options for people looking for expert management and diversification without having to choose individual equities is a mutual fund. One of the easiest ways for people to accumulate wealth over time is through mutual fund investments. Mutual funds combine the capital of numerous individuals to invest in a diverse portfolio of stocks, bonds, and other securities, in contrast to direct stock market investing, which necessitates considerable time, study, and risk tolerance. Mutual funds are a well-liked option for both new and experienced investors due to their expert management and diversification. But merely investing in a mutual fund and crossing your fingers seldom yields the best outcomes. A comprehensive approach that matches the appropriate fund selection and management strategies with your financial objectives, risk tolerance, and investment timeline is nece...
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NFO News - ICICI Prudential Mutual Fund ESG Fund's New Fund Offering

NFO News - ICICI Prudential Mutual Fund ESG Fund's new fund offering

 


Leading mutual fund company ICICI Prudential has launched a new fund offer (NFO) based on environmental, social and administrative (ESG) themes. It is an open-ended equity scheme. It will invest in ESG based companies. So that investors can get good returns based on them.

 

The scheme will be managed by Deputy CIO Mrinal Singh. Its benchmark will be the Nifty 100 ESG Index TRI. The scheme will invest in shares of companies operating in environmental, social and administrative sectors. For this, companies with strong ESG scores will be selected. It will invest 80 to 100 per cent of the total portfolio. That is, if you invest 100 rupees then 80 or 100 rupees will be invested in this theme.

 

This NFO will open on September  21, 2020, and will close on October  5, 2020. You can invest in it from ICICI Prudential's website and from any of its branches, through a distributor, through an app or in any digital way. ICICI Prudential's theme in NFO will be invested in stocks of the same sector. In this, companies that are abroad can also invest a little in their shares. It will choose companies with strong scores. The process of selection of companies will be on internal research. It will be based on 100 ESG of Nifty.

 

Actually, things are happening all over the world at this time. People are interested in social. The administration is a major department in every sector. These are all segments whose demand is always there. Their demand will be good in the future as well. That is why this sector has been chosen. This sector is accessible to everyone and has a relationship with everyone. There will be good demand in the shares of these companies.

 

Nimesh Shah, MD & CEO of ICICI Prudential AMC said that ESG investment is synonymous with sustainable investment. ESG mode of investment will also become common in India in the coming years, as most of the young population in India is now conscious in making investment decisions. Most studies show that companies with a good ESG score meet most of the investment requirements. This score reduces environmental and social risks. Shah said that ESG companies show better growth which leads to an increase in investors' capital and can also show better flexibilities in times of recession. ESG in India is at an early stage and has a lot of potential ahead. Whereas globally, Responsible Investing ie ESG based investment has been going on for some time. Investors are accepting this. In 2019, the fund raising $ 154 billion. In 2009 it was $ 21 billion.

 

This is suitable for those investors who want good growth in their investment in the long term. Investors who want to invest in equity and equity-related resources. The benchmark of this fund is 'Nifty 100 ESG Index'. There will be a total of 88 companies in this index. There will be 17 sectors. Four sectors account for 72 per cent of the index. This includes Financial Services, IT, Consumer Goods and Oil & Gas. Under the ESG, if a company is involved in manufacturing tobacco or related products, or manufactures weapons. There will be no investment in shares of such companies. Investments will not be made in a company that makes liquor, which is a matter of governance, or any other kind of problem.


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