Do you want to invest your hard-earned savings in a place where there is good profit with less risk? Understanding this need, ICICI Prudential Mutual Fund has launched a new fund named Equity Minimum Variance Fund. This scheme invests in those shares which have less volatility and gradually increase profits. This scheme has started from 18th November and will remain open till 2nd December.
This scheme focuses on shares of large and reliable companies (large-cap), which are less affected by market fluctuations. Each stock is carefully selected to ensure that your portfolio is stable and profitable. We are pleased to introduce ICICI Prudential Equity Minimum Variance Fund,” said S Naren, Executive Director and Chief Investment Officer, ICICI Prudential Asset Management. Has been. The introduction of this scheme reflects our defensive approach by prioritizing low volatility stocks amid high valuations of the stock markets and also works towards taking advantage of India's favorable structural and macroeconomic outlook.
If you want to invest money in the stock market but avoid taking too much risk, then this scheme is a good option for you. This scheme is also suitable for those who want to invest in big and stable companies. According to statistics, when the market is stable, midcap and smallcap indices have given profits of up to 15-18%. Nifty 50 has also given returns of up to 15%.
This scheme is suitable for those who want to grow their savings safely and profitably in the long run. This low volatility strategy provides a safe option for investors. So, if you want to increase your earnings in the right direction and want to avoid risk, then this plan can be a great option for you.
