Mumbai, August 22, 2024 (TBB Bureau): Nippon Life India Asset Management has launched a new passive investment fund, the Nifty 500 Equal Weight Index Fund. This innovative fund evenly distributes investments across the 500 stocks that make up the Nifty 500 Equal Weight Index, allocating 0.20 percent to each stock. The index is diversified across different market capitalizations, with 20 ...

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