About NIFTY Next 50 Index
- Represents 50 companies from NIFTY 100 after excluding the constituents of NIFTY 50.
- Cumulative weight of index constituents that are not available for trading in F&O segment (Non F&O stocks) is capped at 15% on quarterly rebalance dates.
- Weightages of non F&O stocks in the index are individually capped at 4.5% on quarterly rebalance dates.
- Index Re-Balancing : Index is re-balanced on semi-annual basis. The cut-off date is January 31 and July 31 of each year.
Investment Objective
To generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY Next 50 Index TRI (Underlying Index), subject to tracking error. There is no assurance that the investment objective of the Scheme will be realized
Reasons to invest in NIFTY Next 50 Index
- Offers Diversification Benefit at stocks and sector Level
- Offers higher potential for growth with next league of probable Blue Chips
- Provides Exposure to unique businesses
- Could generate better Risk Adjusted Returns in Long Term
NIFTY Next 50 : Diversified with
a different flavour
Top 3 sectors’ weight at 58% as compared to 67% for NIFTY 5
NIFTY Next 50 Index median stock exposure is around 1.80% as compared to NIFTY 50
index median of 0.97%
Performance Journey : NIFTY 50 Vs
NIFTY Next 50
Fund details
- New Fund Offer Opens On: October 22, 2021
- New Fund Offer Closes On: October 29, 2021
- Scheme Reopens on: Within 5 Business Days of allotment of units under NFO
This product is suitable for investors who are seeking
- Returns that are commensurate (before fees and expenses) with the performance of the NIFTY Next 50 Index (TRI) over long term, subject to tracking error.
- Investment in equity securities covered by the NIFTY Next 50 Index
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