An index fund largely means investing in a basket of stocks that represents a particular index. So, giving an example; if an investor chooses to invest in an index fund of Nifty 50, then the amount will get invested amongst all the 50 stocks in Nifty, in the same proportion.
AI may hurt IT today, but it could create the sector’s next growth engine: Baroda BNP Paribas MF
AI may disrupt traditional revenue streams in India’s $280-billion IT services industry, but Rohan Korde of Baroda BNP Paribas Mutual Fund believes it could also