NFO Alert ! The largest 10 companies in one fund - India’s first ever Nifty Top 10 Equal Weight Index Fund
16 th August 2024 30 th August 2024 The cheapest way to own India's top 10 companies in equal weight. Out of the Nifty 50 Index, Top 10 stocks by size* constitute the Nifty Top 10 Equal Weight Index • The entry & exit of stocks are accounted semi-annually & portfolio is rebalanced quarterly. *Based on 6-month average free float market cap. Non-member eligible stock shall be included if its free-float market capitalization is at least 1.5 times the free-float market capitalization of the smallest index constituent. Hence, the top 10 stocks in Nifty 50 may not necessarily be part of Nifty Top 10 Equal weight Index Source – NSE, Internal. Data as on July 31st, 2024. Detailed methodology can be found at https://www.niftyindices.com/Methodology/Method_NIFTY_Equity_Indices.pd...
