Tata Mutual Fund has launched its latest offering — the Nifty Next 50 Index Fund.
The scheme will mirror the Nifty Next 50 Total Returns Index to capture growth be
yond the top 50.
It allows investors to access companies positioned to graduate into the flagship Nifty 50 index.
Passive funds like this are gaining popularity due to lower costs and simplicity.
For investors, it represents a chance to ride potential mid-to-large cap leaders
of tomorrow.
The fund arrives at a time when interest in ETFs and index products is surging in India.
Risk factors include higher volatility among Next 50 stocks compared with Nifty 50 heavy
weights.
Diversification across multiple sectors makes it attractive for long-term portfolios.
Tracking error and expense ratio will be critical to assess fund efficiency.
Tata MF aims to capitalise on the passive wave with a product designed for s
teady accumulation.