Founded on January 25, 2010, this company offers a total of 25 programs in different categories. It is one of the leading investment companies in India. Continue reading our article for detailed information.
IDBI Mutual can be a good choice for funds
The categories you can invest in are divided into four and their names are as follows; Equity, debt, hybrid, and gold. There are different numbers of funds in each category. We will tell you about the system through some specific funds.
The name of the fund we will take as an example is Idbı Healthcare Fund. On the information page, you first see where it has invested. This fund invests in healthcare. They aim to gain long-term capital gains but do not provide guarantees. You invest at least 80% in health services. The remaining 20% is distributed.
This fund is a high-risk fund, but you can also find medium and low-risk funds. You can invest for at least 6 months. The rates vary with the time you invest. At the same time, these rates vary for each fund.
This is an example fund we have prepared for you. You should get more information from their site. They give much more comprehensive information.
IDBI Asset Management Ltd.
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Pros
- Very advanced experience
- Good returns on market conditions
- Funds can be easily sold and exchanged
Cons
- No sip plus insurance possible
- No mobile apps
