Is it good to invest in FMCG mutual fund?
Is it good to invest in FMCG mutual fund?
4 Best Performing FMCG Sector Funds 2021. The FMCG sector funds are a type of Mutual Funds that invest in companies involved in consumer goods. Investors who want to invest in this fund should stay invested for a long time, as they tend to fetch good returns in the long-run.
Which is highest return mutual fund?
List of High Risk Mutual Funds in India
Fund Name | Category | 1Y Returns |
---|---|---|
Principal Equity Savings Fund | Hybrid | 19.5\% |
SBI Multi Asset Allocation Fund | Hybrid | 14.1\% |
ICICI Prudential Credit Risk Fund | Debt | 7.0\% |
Sundaram Equity Hybrid Fund | Hybrid | 30.1\% |
Which is the best FMCG mutual fund to invest in?
Top 4 Best FMCG Mutual Funds to Invest FY 21 – 22. 1 1. TATA India Consumer Fund. The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80\% of its assets 2 2. ICICI Prudential FMCG Fund. 3 3. Mirae Asset Great Consumer Fund. 4 4. Canara Robeco Consumer Trends Fund.
What is the full form of FMCG?
A: The full form of FMCG is Fast Moving Consumer Goods. These goods are usually consumer goods with short shelf life like soft drinks, dairy products, frozen goods, and medicines. 2. What is a sector fund? A: Sector funds are similar to mutual funds or investment funds, but these belong to only a single industrial sector. 3.
What is the CAGR of the FMCG industry?
A: The CAGR will help you evaluate the FMCG industry’s performance, which is necessary when planning to diversify your portfolio of a sector fund. If the CAGR of the FMCG is 17\% and above, then you can consider this as robust returns, and it is suitable for investment.
What are the best sectors to invest in mutual funds?
Some of the sectors like infra, pharma, banking have been consistently growing and have a positive outlook for the future. Though such Mutual Funds can double or trouble your money, investors with a high- risk appetite can invest in sector funds.