What are index funds?
Index funds are mutual funds that track or replicate indices such as the Nifty50. Basically, they invest your money only in stocks that are part of a specific index. The allocation of the fund also depends solely on the composition of the index that the fund is tracking. Index funds are considered a part of a passive investment strategy and stand in contrast to active stock picking. The biggest advantage of index funds is that they have lower expenses as compared to actively managed funds.
Courtsey : Upstox (start Karke Dekho)
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