Is there any Midcap Index Fund in India?

Is there any Midcap Index Fund in India?

The Nippon India Nifty Midcap 150 Index Fund – Direct Plan currently holds Assets under Management worth of Rs 210.22 crore as on Oct 31, 2021. Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 500.

Is there any index fund for small-cap?

The best small-cap index funds are the iShares Russell 2000 ETF (IWM), SPDR S&P 600 Small Cap ETF (SLY), Vanguard Russell 2000 ETF (VTWO) and Vanguard Small Cap Index Fund (VB). This is because small-cap companies are more sensitive to economic growth and are domestically focused.

Is there any small-cap ETF in India?

India Small Cap ETFs seek to provide exposure to stocks located in the emerging market of India. As small-cap focused funds, these ETFs hone their holdings to stocks with market caps of less than $2 billion but more than $300 million. The ETFs provide access to a wide variety of sectors.

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Is there any midcap index fund?

ICICI Prudential Mutual Fund has recently launched ICICI Prudential Midcap 150 Index Fund that aims to provide returns that closely correspond to the total return of Nifty Midcap 150 index. The NFO closes on December 17, 2021, while the minimum investment required is Rs. 100.

Which is best midcap fund?

Best Mid Cap Funds ranked by ETMONEY on performance consistency & downside protection

  • PGIM India Midcap Opportunities Fund. Consistency.
  • Axis Midcap Fund. Consistency.
  • Kotak Emerging Equity Fund.
  • Edelweiss Mid Cap Fund.
  • SBI Magnum Midcap Fund.
  • Invesco India Mid Cap Fund.
  • Tata Midcap Growth Fund.
  • BNP Paribas Midcap Fund.

What is Nifty Midcap 150 index fund?

NEW DELHI: Asset management company (AMC), ICICI Prudential Mutual Fund, has launched an open-ended equity scheme tracking the Nifty Midcap 150 Index, which represents the next 150 companies (ranked 101-250) based on full market capitalisation from the Nifty 500 Index.

Which are the index funds in India?

SBI Mutual Fund.

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  • Nippon Reliance mutual fund.
  • HDFC Mutual Fund.
  • UTI mutual fund.
  • ICICI Prudential Mutual Fund.
  • Aditya Birla Mutual Fund.
  • Axis mutual fund.
  • Motilal Oswal Mutual Fund.
  • What are the small cap index funds in India?

    Top 10 Small Cap Mutual Funds

    Fund Name Category Fund Size(in Cr)
    Nippon India Small Cap Fund Equity ₹17,197
    Edelweiss Small Cap Fund Equity ₹1,057
    Canara Robeco Small Cap Fund Equity ₹1,699
    ICICI Prudential Smallcap Fund Equity ₹3,304

    What is the best small cap ETF in India?

    iShares MSCI India Small-Cap ETF (SMIN)

  • WisdomTree India Earnings Fund (EPI)
  • VanEck India Growth Leaders ETF (GLIN)
  • Which is the best midcap fund in India?

    The following table shows the top mid-cap funds as per the past 3-year and 5-year returns:

    Mutual fund 5 Yr. Returns Rating
    Axis Mid Cap Fund – Direct Plan – Growth 24.91\%
    Nippon India Growth Fund – Growth 18.82\% NA
    Kotak Emerging Equity Fund- Direct Plan – Growth 21.14\%
    SBI Magnum MidCap Fund – Direct Plan – Growth 17.64\%

    Which are the top 10 mid cap mutual funds in India?

    Top 10 Mid Cap Mutual Funds Fund Name 1Y Returns Rating Fund Size (in Cr) PGIM India Midcap Opportunities Fund 94.8\% 5 star ₹ 2,383 Axis Midcap Fund 66.2\% 5 star ₹ 13,834 Kotak Emerging Equity Scheme 74.5\% 4 star ₹ 15,193 Edelweiss Mid Cap Fund 75.8\% 4 star ₹ 1,600

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    What are mid cap and small cap funds?

    These funds are known for their potential deliveries in a long term period. mid cap funds invest in companies which have a market capitalization (MC= no of shares issued by the company X market price per share) of INR 500 Cr to INR 1000 Cr. And, small caps are typically defined as firms with a market cap of around INR 500 Crore.

    What is the difference between index funds and active funds in India?

    Hence, most of the top index funds in India will have returns almost similar to the benchmark index there are following. Cost: Their expense ratio is generally lower than active funds. Index funds can be benchmarked to different indices and not just the benchmark index: Sensex and Nifty 50.

    Is investing in mid cap stocks a good idea?

    Investors can get higher profits as mid cap companies do well in a stable growing economy. Mid cap companies are also more responsive to change and opportunity. On the other hand, these companies are more vulnerable to market falls and business down cycles. The lower financial muscle diminishes the ability to withstand slowdowns.