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ICICI Prudential Midcap 150 Index Fund NFO: Who should invest in this MF scheme?
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For those looking to invest in the mid-cap segment of the stock market, taking exposure through an index fund can be a good starting point.
While the mid-cap stocks hold the potential to turn into the large-cap stocks of the future, the risk-reward ratio of mid-caps, including the volatility, when compared to large-cap stocks is considered to be high in them.
Therefore, taking exposure in mid-cap shares through an index fund could be a better alternative for those looking for returns in line with the market performance. Index funds closely track an index representing a market segment, style or asset class and are low-cost passive funds without the role of a fund manager.
ICICI Prudential Mutual Fund has recently launched ICICI Prudential
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