From Nifty 50 to Nifty Mid Cap 100 to Nifty Small Cap 100, major broad based indices finished the month in negative territory. The best performing strategic index though was Nifty Alpha 50, an index that is based on the philosophy of Momentum investing.
In recent times, the number of Indices available for tracking has shot up significantly with NSE introducing variances of Nifty 100, many of which will fit into the factor investing approach. While most don’t have any tracking ETF or Index funds, with enhanced appeal for factor investing, one hopes that funds will try and take . . .