| Navi Mutual Fund has announced the launch of the Navi Nifty 500 Multicap 50:25:25 Index Fund, an open-ended index fund designed to provide investors with a balanced exposure to the Indian equity market. The New Fund Offer (NFO) started on 18 July 2024, and it will close on 30 July 2024. The fund tracks the Nifty 500 Multicap 50:25:25 Index. This unique index offers investors a diversified mix of large-cap (50%), mid-cap (25%), and small-cap (25%) stocks, providing broad market coverage and potentially mitigating risk. The fund offers exposure to high-growth mid and small-cap stocks, alongside the stability of large-cap companies, catering to investors seeking a balanced portfolio. At 0.26%, the fund boasts a competitive expense ratio, minimizing costs and maximizing returns for investors. This investment fund offers diversified exposure across various company sizes (large, mid, and small capitalization). It caters to investors with a long-term perspective seeking a balance between growth potential and stability, all at a potentially lower cost. The Nifty 500 Multicap 50:25:25 index has outperformed the Nifty 500 index in 9 out of the past 12 years, highlighting its ability to capture growth across different market segments. Powered by Capital Market - Live News |