Opportunities to invest in IPO, stock market and mutual funds

New Delhi| Nifty of National Stock Exchange i.e. NSE has registered a decline of more than 6 percent in the last month. This is the biggest decline in any one month in the last four and a half years. In such a situation, many quality shares have become cheap at this time. Many stocks have even broken 30 percent off their top in the recent market crash. In such a situation, their price has come down to the appropriate level. Among them are shares of the top 500 companies of Nifty. Sometimes such an opportunity comes in the market, in which you can earn better profits in the long run by buying good shares at cheap prices.

Four IPOs are opening this week. The biggest one in this is from Swiggy. The company will raise 11,327 crore. Its price is 371 to 390 rupees. Its competitor Zomato doubled investors’ money after being listed, but in recent times its stock has fallen more than 45 percent from the top. Akme Solar is priced at Rs 275-289. Both the issues will open on November 6. Sagillity will open on November 5 and Nova Bupa on November 7.

Mutual funds are also at cheap prices at this time. The net value of units i.e. NAV of many schemes has fallen significantly. In such a situation, mutual fund schemes have become cheaper. If you invest at this time, you will get more units for less money. Investors can invest in Balanced Advantage Fund. This scheme provides security and better returns in market turmoil. This scheme invests more in equities when the market valuation is low. These funds are best suited for investors who want to reduce the emotional loss of investments.

Balanced Advantage Fund helps deal with market uncertainty. ICICI Prudential Balanced Advantage Fund is the oldest and largest in this segment. Its asset under management is more than Rs 60,000 crore. Has given compounded returns of 23.59 per cent in one year and 14.37 per cent in five years.