Please suggest some ETFs (exchange traded funds) or mutual funds investing in these indexes.
—V Muralidhar Naidu
At present, there are prominent ETFs offered by mutual funds that invest passively in Nifty Next 50 Index, which are Nifty 100 companies after excluding the top-50 companies in terms of market capitalization (Nifty 50 companies). While you plan to invest in companies beyond the top 100 then you can consider investing in Nifty Mid Cap 150 ETFs where the investment is done in companies ranked 101-250 based in terms of market capitalization (m-cap). This would be like completely investing in mid-sized market cap companies.
There are Nifty Midcap 150 ETFs offered by Mirae Mutual Fund (MF), ICICI Prudential MF, HDFC MF and UTI MF at present. You can invest in any of these as all these funds are passively managed.
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