Do you want to start investing in equity markets but are unsure how to begin? One of the easiest ways to start is with an index fund.
With dual incomes and no dependents, these couples typically What is an index fund?
An index fund is a passive mutual fund that tracks the underlying market index. This index can vary from a broader market index like Nifty 50 or BSE Sensex, or it could be a sectoral index like the banks, IT, FMCG etc. In the case of an index like the Nifty 50, the index is designed to represent the top 50 companies operating in the country in terms of market capitalisation.
This story is from the April 2024 edition of Outlook Money.
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This story is from the April 2024 edition of Outlook Money.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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