She posted on social media platform X, “Since I am always talking about dal-chawal funds, if you want to pick one and only one index fund in my view: Large and Midcap 250 Index covers broad Indian economy with reasonable allocation to large and midcaps.”
Since I am always talking about dal-chawal funds, if you want to pick one and only one index fund in my view:
Large and Midcap 250 Index
Covers the broad Indian economy with reasonable allocation to large and midcaps. https://t.co/1wj2rrWElv
— Radhika Gupta (@iRadhikaGupta) August 19, 2024
This came in response after Mahesh, an AMFI – Registered Mutual Fund Distributor (MFD) posted on social media platform X mentioning, “Index Funds were supposed to be simple investments. Here investors are confused about what to choose”.
“Here investors are confused-to choose the regular N50 or N500 OR equal weight variants of the same OR funds carved out from them OR the several factor-based variants OR other mkt cap based OR themes and sector Index Funds,” Mahesh further added.
Index Funds were supposed to be simple investments.
Here investors are confused-to choose the regular N50 or N500 OR equal weight variants of the same OR funds carved out from them OR the several factor based variants OR other mkt cap based OR themes and sector Index Funds 😆😆— Mahesh 🇮🇳 (@invest_mutual) August 19, 2024
Several social media users appreciated Gupta for recommendations whereas a user also recommended that there should be a Nifty 500 Index Fund which is a better reflection of the market as well as gives exposure to smallcaps. The user wrote, “There should be a NIFTY 500 INDEX Fund, that is a better reflection of the market as well as gives exposure to small caps.”Gupta in her earlier posts mentioned dal-chawal funds where she compared balanced advantage and aggressive hybrid mutual funds to dal-chawal and recommended investors to not invest in narrow theme-based funds that work in one cycle and not in next.She also explained what dal-chawal funds are: “Broad-based funds that are all -eather and span a range of sectors; balanced advantage and aggressive hybrid types; flexi, multi, large and mid, broad-based 250-500 index types; forever funds; active or passive doesn’t matter – the point is not a narrow theme based fund that works in one cycle and not in the next.”