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What is nifty 50 equal weight TR index?

What is nifty 50 equal weight TR index?

The NIFTY50 Equal Weight Index represents an alternative weighting index strategy to its market capitalization weighted parent index, the NIFTY 50. The index includes the same companies as its parent, however, weighted equally.

Which is the best mutual fund in ABSL?

Top 10 Aditya Birla Sunlife Mutual Funds

Fund Name Category Fund Size(in Cr)
Aditya Birla Sun Life Equity Advantage Fund Equity ₹6,009
Aditya Birla Sun Life Corporate Bond Fund Debt ₹19,779
Aditya Birla Sun Life Digital India Fund Equity ₹2,842
Aditya Birla Sun Life Low Duration Fund Debt ₹17,431

Which Nifty index is best?

Best Index Funds

  • Motilal Oswal Nifty Smallcap 250 Index Fund Direct Growth.
  • Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth.
  • DSP Equal Nifty 50 Fund Direct Growth.
  • Motilal Oswal Nifty 500 Fund Direct Growth.
  • UTI Nifty Next 50 Index Fund Direct Growth.
  • DSP Nifty Next 50 Index Fund Direct Growth.
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Is Nifty 50 index Fund a good investment?

By investing in the NIFTY 50 index, you get to invest in 50 leaders in their sectors. So you give yourself a great chance to accumulate enormous wealth in the long run. And investing in the NIFTY 50 index can be convenient, easy, and cost-effective if you invest through index Mutual Funds.

How do I cancel my ABSL MF SIP online?

Stopping SIP means that you do not wish to continue investing in a mutual fund scheme any longer. To do so, you can make a written request to the AMC stating that you wish to stop your SIP investments. There are stop SIP forms too which should be filled and submitted to the AMC.

Is Nifty next 50 A Good Investment?

Thus, Nifty 50 may be preferred by investors who want relatively higher exposure to cyclicals with higher beta, whereas investors who prefer steady compounding and benefits of higher allocation to defensives should choose Nifty Next 50.