Top 5 Index Mutual funds

Franklin India Index Fund - NSE Nifty Plan Growth

The AMC

Franklin Templeton India is part of the Franklin Templeton Investments, an American asset management company with operations across the globe. The India office was setup in 1996.

Investment objective

  • Invests in the same companies that make the Nifty 50
  • Large and established businesses

Fund Manager

The fund is managed by Mr. Varun Sharma who currently is the senior research analyst in Franklin Templeton Asset Management.

Takeaways

  • Long Term capital appreciation
  • Passively Managed Index fund
  • Ideal for first time equity investors

The Fund

Is an equity fund which invests in companies that make up the Nifty 50

Checkout the complete fund page here: https://investica.com/mf/scheme/franklin-india-index-fund-nse-nifty-plan-growth-14051553-2066

IDBI Nifty Index Fund Growth

The AMC

IDBI Asset Management Ltd is a wholly owned subsidiary of IDBI Bank and was incorporated under the companies act, 1956 on 25th January 2010.

Investment objective

  • Invest only in stocks comprising the Nifty 50 index
  • Replicate the total returns of the Nifty 50 Index

Fund Manager

The fund is managed by Mr. Firdaus Marazban Ragina.

Takeaways

  • Long term growth in passively managed scheme
  • Investment only in stocks comprising Nifty 50

The fund

The fund is an open ended equity scheme replicating the Nifty 50 index with a moderately high risk parameter.

Checkout the complete fund page here: https://investica.com/mf/scheme/idbi-nifty-index-fund-growth-14055668-2066

Aditya Birla Sun Life Index Fund Growth

The AMC

ABSLAMC or Aditya Birla Sun Life AMC is the mutual fund part of Aditya Birla Capital Limited (Ltd) which is the financial services arm of the diverse Aditya Birla Group. ABCL provides a range of investment and financial solutions to suit varied needs of the modern investor.

ABCL has a huge presence across India with Rs.3000 Billion of assets under management (AUM as of December 31st, 2019)

Aditya Birla Group is a USD 48.3 Billion multinational conglomerate with over 1,20,000 employees and operating in 36 countries across the globe.

Investment objective

  • Deliver long term capital growth
  • Investments in stocks in line with Nifty 50

Fund Manager

The fund is managed by Mr. Ajay Garg who has overall 17 years of experience. Mr. Garg holds BE in Electronics and MBS in Finance and has been working with the AMC since Jan 2003.

Takeaways

  • Long Term capital growth
  • Growth and stability by investing in India’s top 50 companies

The fund

The fund is an open ended equity scheme tracking the Nifty 50 index with a moderately high risk parameter.

Checkout the complete fund page here: https://investica.com/mf/scheme/aditya-birla-sun-life-index-fund-growth-14051177-2066

UTI Nifty Index Fund Growth

The AMC

UTI asset management company ltd is the seventh largest AMC in India (for Mutual funds as of September 30, 2019)

Investment objective

  • Investments in stocks of companies comprising the Nifty 50
  • Endeavor to achieve returns equivalent to Nifty 50

Fund Manager

Mr.Sharwan Kumar Goyal began his career with UTI  in June 2006 and has 12 years of experience in risk/portfolio management.

Takeaways

  • Investors looking for exposure to equity as an asset class
  • Eliminate unsystematic risk of specific company
  • Ideal investment horizon of 5 years or more

The fund

The fund is an open ended equity scheme with a moderately high risk parameter.

Checkout the complete fund page here: https://investica.com/mf/scheme/uti-nifty-index-fund-growth-14050707-2066

ICICI Prudential Nifty Index Fund Growth

The AMC

ICICI Prudential Asset Management Company Ltd is a joint venture between India’s largest private sector bank, ICICI Bank and the British multinational financial services company, Prudential plc. It is one of the leading AMC’s in India providing diverse financial solutions for Investors.

Investment objective

  • Track the returns of the Nifty 50 stocks
  • Long term capital gain

Fund Manager

The fund is managed by Mr. Kayzad Eghlim who has an experience of 19 years as equity dealer and fund management.

Takeaways

  • Long Term wealth creation
  • Investing in Nifty 50 stocks
  • Aimed for conservative investors looking for higher returns

The fund

The fund is an open ended index linked growth scheme with a moderately high risk parameter.

Checkout the complete fund page here:  https://investica.com/mf/scheme/icici-prudential-nifty-index-fund-growth-14050817-2066

These are selections of Top 5 Index Mutual funds by the Investica research team.

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