New ICICI Pru Fund focuses on large caps, low volatility for steady returns – Business Standard

ICICI Prudential Mutual Fund has recently launched a new fund that focuses on investing in large-cap stocks with low volatility in order to provide steady returns to investors. This move comes in response to the current market conditions and the need for stability in investment portfolios.

The new fund aims to capitalize on the potential of large-cap stocks, which are known for their stability and lower risk compared to mid and small-cap stocks. By focusing on low volatility stocks, the fund aims to provide investors with a more predictable and consistent return on their investments.

DailyBubble believes that this new fund from ICICI Prudential Mutual Fund is a smart move in the current market environment. With increasing volatility and uncertainty in the markets, investors are looking for ways to reduce risk and ensure steady returns on their investments. By focusing on large-cap stocks with low volatility, this new fund provides investors with a reliable option for building a stable and consistent investment portfolio.

Overall, DailyBubble sees this new fund as a positive development in the mutual fund industry, offering investors a way to navigate the current market conditions and achieve their long-term financial goals.