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WhiteOak Capital Digital Bharat Fund NFO opens today: Should you invest?

Business Standard LogoBusiness Standard1w ago

WhiteOak Capital Digital Bharat Fund NFO opens today: Should you invest? - Business Standard

Quick Summary:

He further explained that the fund would focus on long-term wealth generation through investments in both Indian technology companies and businesses driving the digital ecosystem.

He pointed out that while investors are keen to invest in growth-oriented mutual funds, much of the focus has been on cyclical themes that have already surged in the past few years.“Industry data shows strong appetite from investors for investing in growth-oriented themes in mutual funds but most of that is going into cyclical themes; themes that have already run up a lot in the last 2-3 years,” said Somaiyaa.

The primary objective of the fund is to offer long-term capital appreciation by investing primarily in equity and equity-linked instruments of technology-focused companies.


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Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-20 @ 08:59:57 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 657 words

Reading Time: 4 minutes read

Sentences: 29 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22615096

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Official Website: business-standard.com

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News Last Updated: 2 hours ago

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