A good chance has come for people who invest in mutual funds. A new fund from Mahindra Manulife, a company that manages assets, is available now.
This fund gives investors benefits like not paying too much tax and having many different investments. You can invest in this fund for about two weeks.
You can sign up until March 5th
The company, Mahindra Manulife Mutual Fund, says they made a fund where people can invest in different things like stocks, loans, and gold/silver.
They started this fund on February 20th and it closes on March 5th. After that, you can still invest in it starting from March 15, 2024.
Other good things about this new fund
They say that people who manage the fund will often change the types of investments based on what’s happening in the market. With this fund, people who invest in mutual funds will have a mix of investments, which should give them some steady money, chances to grow their money with stocks, and fewer taxes.
Different types of investments in one product
Anthony Heredia, who manages Mahindra Manulife Investment Management, says anyone can use this product.
The market can be hard sometimes, but having different types of investments can help.
This fund lets people invest in many different things like stocks, loans, and gold/silver.
You can invest a little bit each month or a big amount at once
This fund uses many different ways to pick investments. They look at what’s happening in the world and also look at each investment closely.
You can invest a small amount every month or a big amount all at once. If you have extra money, you can put it all in this fund. Otherwise, you can invest a little bit every month.
This information is just for understanding. Investing in mutual funds can be risky.
Always talk to someone who knows about this before you invest your money. ABPLive.com doesn’t tell you to invest money.
