A Lot of people are confused about Flexicap fund and Multi Cap fund. OK I will solve your confusion. Flexible Allocation: Flexicap funds have the flexibility to invest in any market cap segment without any restriction on the minimum allocation. The fund manager has the discretion to decide the proportion of investment in each market cap segment based on market conditions and opportunities. Multicap Funds: Multicap funds are required by SEBI (Securities and Exchange Board of India) to invest a minimum of 25% of their assets in each of the three market cap segments (large-cap, mid-cap, and small-cap). This ensures a diversified exposure across market capitalizations. Thats it! The greatest opportunities lay in investments that others ignore or dismiss due to behavioral biases - Howard Marks Well, Bajaj Finserv Multi Cap Fund will be using Contra investment method with the rule of Multi Cap Fund guided by SEBI How Contra Investment Works Identify Market Trend...
Money management lessons after the first job. Personal finance tips for first job. The first job is a stepping stone to entering the financial world. The first job is like romance with a girlfriend. You will remember each and every detail of it in your lifetime. Like the day of joining, first day, first project, interaction with colleagues, your desk, lunch, dinner, everything. The list will go on. These all will be in your sweet memory. Now on the 1st of next month, you will receive a message, ''your salary of amount xxxxx has been credited to your account''. Your eyes are wide open. there's brightness on your face with a wide smile. You may cry out. There will be no limit to your happiness. After some time you will start thinking of family members to buy some gifts for them. Like, Saree for mother, shoes for father, sweets for sister...
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