The Nifty Alpha 50 Index, a unique flexicap-index tracks the top 50 stocks featuring the highest Jensen Alpha scores. These are the stocks that have generated a high degree of
outperformance versus the benchmark.
A study by Whiteoak Capital Mutual Fund for the last 19 years shows that an investor who started an SIP in a mid-cap or small-cap index fund in April 2005 and stuck to the category for 19 years earned higher returns than an investor who changed the SIP annually based on the best-return generating category in the previous year.
Indian equity benchmarks surged on Thursday, following positive Asian peers and US CPI data, which rose slightly less than expected in April.At 9:50 a.m., Sensex was up 155 points or 0.21 per cent, at 73,159 points, and Nifty was up 47 points .
Sensex Rises 155 Points After Positive Global Cues menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
Switching mutual fund schemes based on recent top performers via SIPs may lead to underperformance. A study by Whiteoak Capital Mutual Fund showed that sticking to mid-cap or small-cap index funds without switching yielded higher returns over 19 years.