hii i am varun
My question is that i wanna buy nifty 50 index for long term ( Very long term ) basically dont wanna sell it. And i wanna invest huge sum. Through which AMC it is best to buy it. So that i dont have to worry about anything and how to buy ? Are ETFs are the only way to buy Nifty or there are more ways that i dont know YET ?
Apart from ETF, you can buy as a mutual fund such as from Zerodha… Invest in the Zerodha Nifty 50 Index Fund
Mutual fund can be bought in two forms, though. Demat and SoA. For demat mode, you may buy from Zerodha Coin. For SoA mode, use the fund house’s website or app.
Choose AMC based on Base Expense Ratio and Tracking Error. Aforementioned Zerodha fund has relatively small AUM (at 71Crore) compared to some big names, though.
When considering NIFTY 50 Index, there is also NIFTY 50 Equal Weight Index fund such as from Axis Invest in Axis Nifty50 Equal Weight Index Fund NFO | Invest in Nifty50 Equal Weight Index Fund Online .
Good luck choosing whatever works best for you.
thank you so much
My view is stagger your buy over a period instead of putting all the money on one day.