Nifty 500 mutual fund

[rahulkind]

Hi,
Are there any Nifty 500 index funds?
Searched valueresearch, couldn’t ind anything?

[sabyasachi_sadhu]

I want Nifty 50 Alpha index fund.

[Jignesh_1]

check all mutual funds drafts applied to SEBI.

https://www.sebi.gov.in/sebiweb/home/HomeAction.do?doListing=yes&sid=3&ssid=39&smid=37

[Sanket]

@rahulkind

Are there any Nifty 500 index funds?

I think the reason is, it’s not practical to have a fund for 500 stocks. It will definitely be over diversified.