Mid and small cap index funds see demand surge

Mid and small cap index funds see demand surge

Traditionally, investing in index schemes and exchange traded funds in India has been predominantly in benchmark indices — the Nifty and Sensex. These days, cost-conscious investors are gradually dipping their toes in funds that mimic mid- and small-cap indices as local asset managers expand their product offerings to meet the growing demand for cheaper products. Aditya Birla SL MF launched a mid-and small-cap index fund in April 21, Nippon

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