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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
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.
Dit verhaal komt uit de September 30, 2019-editie van The Hindu Business Line.
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