HDFC Mutual Fund announced the launch of the HDFC MNC Fund, an open-ended scheme, on February 17, 2023. Since it is an open-ended scheme, interested investors can put their money into them once the mutual fund house starts allotting units under this scheme. Under normal circumstances, the asset allocation of the scheme's portfolio will be as follows: Types of instruments …
Mutual funds have become a very common way of generating wealth. So the investor invests the entire corpus in a debt fund which is considered safer than equity funds and usually gives a decent rate of return. So instead of money getting deducted from his bank account like in a SIP, the fund is transferred from his debt fund to …
