Nippon India MF is launching NIFTY Smallcap 250 Index Fund NFO that would open for subscription on September 29, 2020. Nippon India Nifty Smallcap 250 Index Fund invests in small cap companies that are part of NIFTY Small Cap 250 Index. Stock market experts believe that since large cap stocks have already raised and at peak, in coming months, midcap and small cap stocks are expected to rally. Should you invest in the Nippon India Nifty Smallcap 250 Index Fund NFO? Who can invest in these small cap mutual funds?
Also Read: How did Quant Smallcap fund gave 60% returns in last 3 months?
What is NIFTY 250 Smallcap Index?
This mutual fund would invest in NIFTY 250 smallcap index, hence it is important to know about this index.
NIFTY Smallcap 250 index consists of 250 companies that are ranked from 251-500 from NIFTY 500. This smallcap…