There are currently two ongoing NFOs – Motilal Oswal Nifty 500 Momentum 50 Index Fund (and ETF) and Nippon India Nifty 500 Momentum 50 Index Fund. In this article, we analyse the risk and reward potential of the underlying index and what you need to know before considering a momentum index. According to the index…

Nippon India Nifty 500 Equal Weight Index Fund is an open-ended scheme tracking the Nifty 500 Equal Weight Index. The fund is currently in its NFO period. We analyse the performance of the underlying index and discuss if it makes sense to consider this fund for investment. According to the AMC’s scheme presentation, “Large caps…

HDFC Nifty500 Multicap 50:25:25 Index Fund is an open-ended scheme replicating/tracking Nifty500 Multicap 50:25:25 Index. We will discuss whether it makes sense to invest in this new fund. To aid active multi-cap funds in benchmarking themselves after SEBI changed their asset-allocation pattern, NSE launched the Nifty 500 Multicap 50:25:25 Index on Dec 2nd 2020. The…

DSP is launching an index fund and ETF tracking the Nifty Top 10 Equal Weight Index. We look at the features of this index and discuss if it makes sense to invest in these new offerings. The Nifty Top 10 Equal Weight Index tracks the performance of the top 10 stocks based on the 6-month…

In this article, we profile the Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Short Duration Index Fund (Edelweiss Short Duration Index Fund for short) and discuss who should invest in it. Edelweiss Short Duration Index Fund is an open-ended debt Index Fund investing in the constituents of CRISIL IBX 50:50 Gilt Plus SDL Short Duration…

Many passive investing fans are excited by the 60% reduction in the fee (total expense ratio or TER) of Motilal Oswal Nifty 500 Index Fund. Does investing in the fund now instead of a Nifty 50 or Sensex index fund make sense? On 25th April 2024, Motilal Oswal AMC announced (pdf file) that from 1st…

We compare the rolling returns of Nifty 50, Nifty Next 50, Nifty Midcap 150 and Nifty Smallcap 250. We publish this comparison from time to time. This is the April 2024 edition. Returns for a financial instrument that fluctuates can be calculated in two ways: Point-to-point returns: The effective annual compounded growth rate (CAGR) is…

We compare the portfolios of Parag Parikh Dynamic Asset Allocation Fund (PPDAAF) and Parag Parikh Conservative Hybrid Fund (PPCHF) to appreciate when each fund can be used. As noted earlier – Parag Parikh Dynamic Asset Allocation Fund: Who should invest? – the AMC wishes to maintain a debt-oriented allocation, making PPDAAF more tax-efficient than the PPCHF….

Parag Parikh, Dynamic Asset Allocation Fund, is an open-ended dynamic asset allocation fund launching on Feb 20th. We discuss who can consider investing in the fund. According to the scheme flyer, “The fund will predominantly invest in debt instruments and endeavour to maintain equity allocation between 35% and 65%* (some of it will be hedged…

We explore the efficacy of using DSP Nifty Smallcap250 Quality 50 Index Fund as a low-cost alternative to active small cap funds

This edition of the fund performance report looks at Mirae Asset Emerging Bluechip Fund. In Oct 2016, this fund stopped lump sum investments after its AUM swelled past 11,000 Crores. Investments were possible only via SIPs or STPs up to Rs. 2500 monthly.  In early October 2023, the fund house increased the SIP limit to…

DSP Nifty Smallcap250 Quality 50 Index Fund is an open-ended fund tracking the small quality index in its name. The fund is currently in its NFO period. This article reviews the index’s performance and discusses if investing in this new passive fund makes sense. According to the NSE, “the Nifty Smallcap250 Quality 50 Index tracks…

Parag Parikh Arbitrage Fund aims to  “generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and by investing the balance in debt and money market instruments”. The NFO period of the fund is from Oct 23rd to Oct 27th 2023, and the scheme…

Groww Nifty Total Market Index Fund is an open-ended scheme replicating/ tracking the Nifty Total Market Index (TRI). In this article, we compare the rolling returns of the underlying index with Nifty 50 TRI. The Nifty Total Market Index tracks the performance of 750 stocks covering large, mid, small and microcap segments. Nifty 500 index…