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Simplify your investment strategy by parking in a broad market index

But keep an eye on the tracking error of funds based on S&P BSE 500 and Nifty 500

Topics
exchange traded funds | ETFs | S&P BSE 500

Sarbajeet K Sen  |  New Delhi 



Illustration by Binay Sinha
Illustration by Binay Sinha

ICICI Prudential Mutual Fund recently launched the fund-of-fund (FoF) for its Exchange Traded Fund (ETF). Another fund based on a broad market index that is already available is Motilal Oswal 500 Fund, an index fund. Such products allow investors to get exposure to the bulk of the market through a single fund.

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First Published: Fri, November 26 2021. 16:17 IST

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