Why this fund wants to keep equal weight across 500 stocks

Why this fund wants to keep equal weight across 500 stocks

A 500-stock index is typically expected to offer wide diversification to investors, but the Nifty 500 index has a large-cap bias. However, a recently launched rule-based fund—the Nippon India Nifty 500 Equal Weight Index Fund–aims to give broader diversification across large-, mid-, and small-cap stocks. How it works Instead of market-cap weights, the fund will … Read more

How DSP’s curious 10-stock fund is marching to a Hritik tune

How DSP’s curious 10-stock fund is marching to a Hritik tune

These heavyweights—HDFC Bank, Reliance Industries, ITC, TCS, Infosys, and Kotak Mahindra Bank, collectively known as Hritik on Dalal Street, account for 40% of the Nifty 50 index. View Full Image … Data compiled by DSP MF shows that the market capitalization share of the top ten Nifty companies is hovering around 20%, an all-time low … Read more

How covid-19 losses prompted a plant manager to revisit his financial strategy

How covid-19 losses prompted a plant manager to revisit his financial strategy

Known for his aggressive investments directly in stocks and small- and mid-cap mutual funds, Kumar is now seeking a more balanced and goal-oriented portfolio. “During the pandemic, my stock portfolio took a significant hit, and some of the stocks never fully recovered. I don’t want to face such a situation again as I work towards … Read more

After 2 months of decline, midcap and smallcap indices outperformed Nifty in April; will the rally continue?

After 2 months of decline, midcap and smallcap indices outperformed Nifty in April; will the rally continue?

However, in March and February, the Nifty Midcap fell around 0.5 percent each while the Nifty Smallcap index declined 4.4 percent and 0.3 percent, respectively. Meanwhile, the benchmark rose over 1 percent in both those months, strongly outperforming the broader markets. Read here: General Elections 2024: Will Nifty extend gains for 4th straight month in … Read more