We all work hard to earn as much money as we can, so as to live a comfortable life. But no matter how much efforts we put in, some things take their own time to get executed irrespective of the thrust employed. If we talk about investing in mutual funds, there are certain options which can yield high wealth for you in considerably shorter period of time as compared to normal investment avenues. IDBI Mutual Fund is one of the best fund houses to invest with as it encompasses some of the most rewarding schemes in the industry. As you’d read further, you’ll get to know more about this AMC and what it has got to offer its customers.
An Overview
Needless to speak, IDBI Mutual Fund is one of the most favoured brand of asset management in India, owing to the fact that it is an integral arm of the renowned IDBI Bank, a Government run public sector bank. The fund house came into existence on 25th January, 2010, registered under the Companies Act, 1956. Though this AMC has been quite new to the market in comparison to its peers, but due its strong management principles and comprehensive market analysis, it has always been able to come up with prominent mutual fund products that have performed extremely well under every phase of the market.
Benefits Associated with Investing in IDBI Mutual Funds
- Risk-adjusted portfolios that are geared towards the direction of wealth creation over the long-term period.
- A no-nonsense policy is followed by this AMC that involves looking forward for opportunities that can actually be materialised, and are not simply based on pure optimism.
- A robust team of financial gurus watching over the market movements and synchronising the products accordingly, to make them more efficient in wealth building.
- Tailor-made investment products for different individuals, thus catering to their discreet needs.
Products offered by IDBI Mutual Fund
1. Equity Funds
Under these schemes, your funds are basically invested in stock markets. Apart from their original name, they are also referred to as growth plans since they hold different options to build wealth over the long-term or short-term period, as the case may be. The following are some of the equity plans that are offered by IDBI Mutual Fund, all of which can be found on MySIPonline:
- IDBI Midcap Fund
- IDBI India Top 100 Equity Fund
- IDBI Diversified Equity Fund
- IDBI Nifty Index Fund
2. Debt Funds
Primarily built for risk averse investors, these funds bear the strategy of investing in bonds (both corporate and government), floating rate debt securities and money market securities, and are the best option for creating wealth over a modest time period. Some of the debt funds offered by IDBI MF are mentioned below:
- IDBI Corporate Debt Opportunities Fund
- IDBI Short Term Bond Fund
- IDBI Gilt Fund
- IDBI Dynamic Bond Fund
3. Gold Funds
As the name suggests, these schemes mainly place the investors’ money in the stocks of corporates which are engaged in the business of extracting, mining, and prospecting gold. There are only two funds in this category which IDBI MF offers: -
- IDBI Gold Exchange Traded Fund
- IDBI Gold Fund
4. Balanced Funds
These schemes are a mixed pool of both equity and debt funds, and are also known as hybrid funds. Under this category, the equity portion holds a much larger stake in comparison to debt, which is at least kept 65% in every case, and the balance is bagged by debt funds. There is only one fund of this category held by IDBI Mutual Fund: -
- IDBI Prudence Fund
Thus, making online investments in IDBI Mutual Fund schemes will certainly add value to your life. You can invest in the best schemes of this fund house through MySIPonline, conveniently.
