Mutual Fund’s opportunity to invest in the new Momentum Fund Scheme, know what special about it?
If you mutual If funds are investors or want to invest for the first time, do you know about Momentum Fund. Let us tell you that Momentum Fund is a type of mutual fund scheme. The managers of this fund invest in stocks in which the Momentum of giving fast returns is visible. Let me tell you that it is an active managed fund. Meaning the fund manager continuously decides in which stock to live and whom to get out. This is considered the best for risk -taking investors. ICICI Prudential Mutual Fund has launched ICICI Prudential Active Momentum Fund. You can invest in this NFO by 22 July. It can be invested at a minimum of Rs 5,000. Later you can invest from Rs 1,000.
Trend increased rapidly in a few years
Momentum funds have increased rapidly in the last few years. The reason for this has been a unilateral rise in the stock market. This fund performs better in market boom. Therefore Momentum Fund has given great returns to its investors. Therefore, if you are an investor who takes the risk, then choose this fund.
Selection is done on these parameters
Price Momentum means identifying shares that have been increasing continuously for some time and can give good returns according to the risk. Most technical analysis is used in it. Charts and patterns are used. It depends on what the technical charts are showing. However, there is a danger of sudden changing trends. Earning Momentum selected shares whose earnings are increasing continuously or on which the opinion of analysts is getting better. In this, Fundamental Analysis means the company’s business and profits are seen deeply. Good earning boom lasts longer, as the trend does not change rapidly until there is a major negative change.
Sometimes a major event may have a big impact on the company’s earnings or share price, good or bad. Any sector in the market can be accelerated, which also gives speed to other shares. The special thing about Momentum is that it changes its way over time. Sometimes it can be seen in largecap, sometimes in smallcap or midcap shares. It depends on where more money is being spent at that time.
Disclaimer: This article has been written only for the purpose of information. Before any type of investment or before taking financial risks, consult your financial advisor. India TV will not be responsible for any type of risk.
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