It is a pretty interesting question given the interest Index Funds are gathering
Index Funds are passively managed and provide value for the buck as they track the index (Nifty, BSE S&P, or NASDAQ)
Index Funds are best suited for individuals who are looking for
- Low Capital Investment (< INR 1000/month)
- Low Expenses (< 1%)
- Horizon greater than 8–10 years
- Non-analytic Investing Approach
- Instrument to beat inflation
Now, coming to the question – Good Index Funds below INR 1000
- Domestic
- Nifty
- BSE S&P
- Nifty Bank
- Midcap 150
- Smallcap 250
- GILT Index
- International
- S&P 500
- NASDAQ 100
If you want to invest, feel free to approach me as I am an AMFI authorized Mutual Fund Distributor (ARN-262589) and empanelled with more than 20+ Mutual Fund Houses.
Hope this helps
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Happy Investing!!
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