11/7/2024, 12:30:05 pm

Nifty Top 10 Equal Weight index: Is it worth your money?

The NSE has launched the Nifty Top 10 Equal Weight Index, which tracks the performance of the top 10 stocks from the Nifty 50, each with an equal weight of 10%. The index is rebalanced quarterly to maintain the equal weight structure. With a high correlation of 0.97 with the Nifty 50, the Nifty Top 10 Index offers a concentrated large-cap investment option but its suitability depends on investors,