Which Baroda Pioneer Mutual Fund is Good For High Returns?
Before we dive deep into specifically which Baroda Pioneer Mutual Funds offers high returns, first, letu2019s understand which type of mutual fund is growth-oriented. Every mutual fund scheme is set up with a pre-defined investment objective. For instance, an XYZ fund was set up with an objective of - achieving long term growth of capital, through a portfolio with a target allocation of 90% equity and 10% debt and money market securities. This scheme is an equity driven scheme which will offer you high returns, if invested over a long period of time. Whereas, a scheme which invests primarily in debt gives you moderate returns and high liquidity options. Besides this, there are hybrid funds that invest in both equity and debt. However, their percentage may differ based on whether it is an equity oriented or debt oriented scheme. Hybrid funds also invest in gold along with debt and gold.
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