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Nifty 50 Value 20 index: Finding alternative value February 20, 2021 × Investors can choose from three ETFs and one index fund benchmarked to Nifty 50 Value 20 For investors hesitant about increasing their allocation to large-cap stocks after a rip-roaring rally, there is an alternative to the bellwether Nifty 50 index, where you can invest in an under-valued bluechip portfolio. Enter, the Nifty 50 Value 20 index. Apart from the valuation comfort and higher dividend yield, the Nifty 50 Value 20 offers better downside protection, which is relevant for fence-sitters who are unable to commit to equity investments fearing a market decline. The three exchange-traded funds (ETFs) and one newly launched index fund based on the Nifty 50 Value 20 provide investors with a variety of options to choose from. ....