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Another Index Fund On The Block

The Hindu Business Line

September 30, 2019

Passive schemes provide returns almost similar to that of their respective benchmarks

- Yoganand D

Amid market volatility, leading asset management companies have been launching new funds, seeking to tap into new opportunities. Axis AMC has launched a new fund tracking the Nifty 100 Index — Axis Nifty 100 Index Fund — allowing investors to participate passively in the entire large-cap universe.

The companies under the Nifty 100 index are predominately large-cap companies spread across 16 industries.

Esta historia es de la edición September 30, 2019 de The Hindu Business Line.

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