ICICI Prudential Mutual Fund to roll out PSU equity fund
Mon, Aug 22, 2022 12:56 PM

ICICI Prudential Mutual Fund to roll out PSU equity fund

A Flip by Moushumi
Get it on Google Play
ICICI Prudential MF is slated to roll out a PSU equity fund on Tuesday. It is an open-ended equity scheme that will primarily invest in equity and equity-related instruments of public sector units. Chintan Haria, ICICI Prudential AMC said “In a volatile environment, companies providing high dividend yield tend to have higher demand resulting in capital appreciation."

More great flips

1 Wall Street Analyst Thinks Bank of America Stock Is Going to $42

1 Wall Street Analyst Thinks Bank of America Stock Is Going to $42

Bank of America (NYSE: BAC) recently disappointed the market with its first-quarter earnings report as the stock fell 3.5% in a day. The nation's No. 2 bank by assets beat Wall Street estimates but reported a decline in net interest income due to higher deposit rates.Overall deposits were down 7%, and charge-offs were up 26% from the previous quarter to $1.5 billion.

Open Flip
Is It Time to Buy ASML Stock Yet?

Is It Time to Buy ASML Stock Yet?

Shares of top lithography equipment maker ASML Holding (NASDAQ: ASML) took a steep tumble after earnings in mid-April, halving what was a heady 30% run-up in the first few months of 2024. ASML is still sporting big gains so far during the new bull market, but some investors are nevertheless suddenly concerned about the company's financial outlook.

Open Flip
Prediction: This Top Dividend Stock Will Join the Trillion-Dollar Club

Prediction: This Top Dividend Stock Will Join the Trillion-Dollar Club

As of this writing, there are only seven businesses that have a valuation that exceeds $1 trillion. Investors looking to score huge gains might be on the lookout for smaller companies that have the potential to make it in this exclusive club one day.Luckily, you don't need to look that far. I believe this top dividend stock will join the trillion-dollar club by 2040.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon