ICICI Pru Mutual Fund has just launched its ICICI Pru MNC Fund. The NFO is open from May 28 to June 11, 2019. Should you invest? What is an MNC? MNC stands for multi national corporation. If you thought it refers to only foreign brand companies such as Hindustan Unilever, Nestle, Colgate and you cannot […]
Principal Small Cap Fund – NFO – Should you invest?
Principal Small cap Fund offering comes from the underlying belief of fund houses that there is money to be made in small caps. Whether this money is for the fund or for you the investor, remains a question. Having worked with 100s of clients and interacted with many others, my view is that most investors […]
NFO: ICICI Prudential Opportunities Fund, a Special Situations theme – Should you invest?
ICICI Prudential MF has recently announced its New Fund Offer based on the Special Situations theme – ICICI Prudential Opportunities Fund. Is this just one more fund or is there something unique? Do you know which was the first special situations fund launched in India? It was the Fidelity (now known as L&T) Special Situations […]
DSP BlackRock ACE Fund – NFO – A Confused Ensemble
DSP BlackRock ACE Fund is yet another closed-ended fund (3 year lock-in) launched in recent times. This one is targeted at investors who are interested in stock investments but also want to protect the downside. Does it make sense? Let’s be honest. Today, most investors, including you and me, are at crossroads. On the one […]
HDFC Housing Opportunities Fund – The manipulation begins
HDFC MF launched its brand new HDFC Housing Opportunities Fund last week. The opportunities fund only represents the opportunity for the fund house, not for you. Here are the reasons you should stay away from this NFO. Now, it wasn’t long ago that SEBI issued guidelines about rationalising the number and types of schemes that mutual […]
