IDFC Mutual Fund launches IDFC Nifty 100 Index Fund

Highlighting the relevance of launching IDFC Nifty 100 Index Fund, Vishal Kapoor, Chief Executive Officer, IDFC AMC said, “IDFC Nifty 100 Index Fund is an effective way to gain exposure to the Indian equity large cap universe. Nifty 100 Index Investors can benefit from a relatively stable portfolio of top 100 well-established businesses included in the fund. The fund offers diversification across sectors, will be available at a relatively lower cost than diversified equity funds, and is a systematic investment plan ( Enables disciplined investments through SIPs), which can help generate long-term capital appreciation.Also, this passive fund is well suited to meet the investment needs of different investor classes such as beginners, knowledgeable, experienced and retirees. is in position.”

Nemish Sheth, Fund Manager, IDFC Nifty 100 Index Fund said, “It can be challenging for an investor to consistently ascertain which index or combination of indices will outperform in future. IDFC Nifty 100 Index Fund tracks the Nifty 100 Index. , which provides a complete and efficient exposure to the large cap universe as compared to individual exposures or arbitrary mix of Nifty 50 and Nifty Next 50. Stocks that perform well in the Nifty Next 50 index will go up to Nifty 50, and Thus there is a possibility that investors may lose out on its potential gains while the same may be continued in Nifty 100 Index. Also, Nifty 100 Index has a long track record and has been beneficial for long term investors.”