Tag: Index funds
Axis Mutual fund files to launch a Nifty 100 index fund
Axis mutual fund has filed to launch a Nifty 100 index fund. This will be the first index fund based on the index. There are 3 ETFs by Reliance, LIC, and ICICI but like most of the ETFs in India, they are illiquid. DSP and Principal, however, offer Nifty 100 equal weight funds.