Lxme’s Boost fund is all about creating wealth! It is designed to fulfill the long term objectives that women aspire to achieve and primarily focuses on wealth creation, making our goals easier to reach.
To achieve our goals, we need to boost our portfolio and smartly grow our investments which will in turn provide overall support to our portfolio so that we reach our goals effortlessly!
Elevate your Portfolio: Give it the boost it requires and generate returns that outpace inflation!📈 Checkout Lxme’s Boost Fund now!
What is Lxme’s Boost Fund?
Lxme’SBoost Fund is designed to give a boost to your portfolio. It is an Equity Mutual Fund Portfolio that is designed in such a way that investment is done across large, mid, and small-cap companies providing a flavor of the entire market
What is Market Cap?
Market Cap is the total value of a company. Companies are typically divided into 3 categories according to the market cap- 1. Large Cap: Stable and established companies with ₹20,000 crore or more in market cap. They are dependable and usually have less ups and downs. 2. Mid Cap: Medium sized companies worth between ₹5,000 crore and ₹20,000 crore. They are a balance between growth and risk. 3. Small Cap: Small companies worth up to ₹5,000 crore. These offer high growth potential, but have more risk and prices are volatile compared to mid and large caps.
Investing in the Lxme Boost Fund that covers all three categories (large cap, mid cap, and small cap) provides a balanced approach to managing risk and targeting inflation-beating returns in the long term.
Features of Lxme’s Boost Fund:
– Lxme’s Boost Fund consists of a well-researched Multicap Fund which falls under the Equity Mutual Fund category. – Investment is done across large, mid, and small caps. – The riskometer level of this fund is very high as the money is invested in Equity markets, which are volatile in the short run. Hence, it’s important for investors to have a long-term horizon to manage the risk. – Has an Investment Track record of 20+ years – Best suited for long-term goals of 3+ years – Targeted Rate of Return: 18%*p.a. – Curated by experts!
Benefits of Lxme’s Boost Fund:
– Aims at earning inflation-beating returns. – 2 modes of investments: SIP & Lump sum – Minimum investment : SIP – ₹1000, Lumpsum – ₹5000 – Exit load: Nil.
Which goals can you plan through Lxme’s Boost Fund?
– You can plan and invest for wealth creation purposes and other long-term goals of more than 3+ years – You can also invest in this fund to give a boost to your existing long term investments. – You can plan for goals like Luxury Vacation, Dream House, e.t.c
Let’s understand with an example:
Neha always wanted to create wealth. She is already investing for her critical goals and now for her wealth creation she has started investing in Lxme’s Boost Fund. She has started investing ₹5000 per month. Let’s look at how her investments will appear at various timeframes –
Bottom-line
In a world where financial security matters greatly for women, ensuring your money works for you isn’t a choice anymore – it’s a necessity. Whether you want to give a boost to your current long-term investments or start investing for wealth creation, Lxme’s Boost Fund is here to give you that extra push and aim at providing returns that beat inflation.
Your money deserves to grow! And Lxme’s Boost Fund is just the right plan to make that happen.
Start now! Give a Boost to your portfolio and embark on a journey towards a brighter financial future.
Start investing in Lxme’s Boost Fund by clicking the INVEST tab on the Lxme app.
To start your investments with Lxme. you can open your FREE Lxme Account and also get discount vouchers up to Rs.10,000.
Invest wisely and elevate your financial game with Lxme Boost Fund and grow like never before!
*Mutual fund investments are subject to market risks, read all scheme-related documents carefully before investing.
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1. Do we get 18% fixed returns? Ans. Lxme’s Boost fund aims at targeting 18% returns p.a on a long term basis. Since the money is invested in Mutual Funds, these returns are market linked and may differ according to market conditions.
2. Is it possible to make a lumpsum investment ? Ans. Yes, you have the option to invest a lump sum amount starting from a minimum of ₹5000.
3. What is the minimum investment amount to start an SIP? Ans. One can start their investment in Lxme’s Boost fund with ₹1000 as SIP.
Please note, The Lxme Dream Card services has been discontinued from 30th November, 2024 to make way for something very exciting!
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