Investment in mutual funds
ICICI Prudential has launched a fund between IPO of 10,000 crores in which you can expect better profits. ICICI Prudential Active Momentum Fund has been launched. Launched on 8 July, this fund will be closed on 22 July. It is designed to achieve opportunities arising from constant value and income/estimate trends in the market. It can be invested with a minimum of Rs 5,000. Later you can invest additional in the form of Rs 1,000.
How will this fund work
Regarding the launch, ED and CIO of ICICI Prudential AMC, Sankaran Naren said, “Our goal is to get a fundamental speed with value by focusing on income/estimates speed.” India’s equity market is diverse in which shares and sectors display different income trends at different times. The purpose of this scheme is to take advantage of these trends. The scheme has the flexibility to change various sectors, market cap and a combination of top-down and bottom-up approach in portfolio construction is used.
How to get better returns
Price Momentum identifies shares with favorable price trends and risk adjusted returns in various timelines. Technical analysis is more useful in this and its operators are market perceptions, technical factors and investor behavior. There is a risk of suddenly reversing the trend. The shares in the Arning Momentum are selected based on their income amendment and rating trends of analysts. It uses more fundamental analysis and its main factors are strong business, growing margin or operational efficiency. In addition, the speed supported by income is more durable as the trend takes time to reverse, unless a disruptive event takes place. Incidents can have significant positive or negative effects on the income and price trends of a company. Any area can catch speed which can expand the market. Motion as a specialty, depending on the market trends, changes its own style. Depending on the flow, speed can be found in largecap as well as small and midcap.