I want short term profits and heard of fidelity mutual funds. Kindly share some good funds to invest in.
Answer
Answer
Fidelity has sold its Indian mutual fund business to L&T Finance which owns L&T Mutual Fund. L&T Midcap Fund (mid-cap based) and L&T Emerging Businesses Fund (small-cap based) are our preferred schemes run by L&T Mutual Fund.
Scheme Name
AUM (Rs cr)
1Y
3Y
5Y
L&T Midcap Fund(G)
5,380
-0.6
6.4
12.1
L&T Emerging Businesses Fund(G)
5,985
-9.2
5.9
12.3