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funda.kr

Founded Year

2015

Stage

Series B | Alive

Total Raised

$11.58M

Last Raised

$5.68M | 2 yrs ago

About FUNDA

FUNDA is a P2P lending marketplace that connects self-employed businesses to investors.

FUNDA Headquarter Location

85, Bongeunsa-ro 18-gil, Gangnam-gu LF

Seoul, 06129,

South Korea

+82 2-552-0360

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Expert Collections containing FUNDA

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Latest FUNDA News

Nivesh Ka Funda: Expect low returns this year, focus on flexi-cap and multi-cap funds says Mahesh Patil of AB Sun Life AMC

Mar 17, 2022

Mahesh Patil, Chief Investment Officer (CIO), Aditya Birla Sun Life AMC Ltd. said that the market will remain volatile and the expectation of big returns this year is quite low. Mahesh Patil suggested that flexi-cap and multi-cap funds would be a wise choice for your portfolio. Mahesh Patil, Chief Investment Officer (CIO), Aditya Birla Sun Life AMC Ltd. said that the market will remain volatile and the expectation of big returns this year is quite low. He suggested focusing on Flexi-cap and multi-cap funds. He said so while speaking with Zee Business Managing Editor Anil Singhvi in a popular Tv show 'Nivesh Ka Funda', where he expressed his views on the market and said the market may improve and one should be ready for it. Singhvi said that relief has come in the market. Talking about this, Patil said that the market witnessed a lot of ups and downs this year. In fact, volatility is still increasing. The effect of the Russia-Ukraine conflict in the market, inflation, commodity prices has now calmed down a bit, but its effect will remain on the overall GDP growth of companies. Talking about yesterday's Fed meeting, the CIO said, the Fed raised interest rates by 25 bps and expects about 6 rate hikes this year. It affects overall global growth as they go down. Also, the growth rate of the US which was around 4% has come down to 2.83%. The situation in India is fine for now, but the rise in commodity prices may affect the earnings and growth of companies, said the CIO of AB Sun Life AMC. Is this time to invest in Mutual Funds? Patel said volatility will remain in the market but correction can come, be ready for it. He suggested investing in the form of SIP and STP for those investors who are waiting to invest in the market. You should invest a bit at each level, as it is very difficult to predict where the market will peak out and where the bottom will be, CIO advised. Which Funds are Best for fresh investment? He said that recently there has been a correction in midcap, small-cap, and large-cap. But the large-cap will provide more safety in this environment. He suggested that flexi-cap and multi-cap funds would be a wise choice for your portfolio. For More Details Watch Full Video Here:

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  • When was FUNDA founded?

    FUNDA was founded in 2015.

  • Where is FUNDA's headquarters?

    FUNDA's headquarters is located at 85, Bongeunsa-ro 18-gil, Gangnam-gu, Seoul.

  • What is FUNDA's latest funding round?

    FUNDA's latest funding round is Series B.

  • How much did FUNDA raise?

    FUNDA raised a total of $11.58M.

  • Who are the investors of FUNDA?

    Investors of FUNDA include Korea Investment Partners, UTC Investment, Hyundai Venture Investment Corporation, POSCO Capital, IBK Capital and 9 more.

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