TEJ Civils EdTech Grow Mutual Fund has recently launched India's first Nifty Non-Cyclical Consumer Index Fund
Nifty Non-Cyclical Index Fund:
Objective: Long-term capital growth by investing in Nifty Non-Cyclical Consumer Index (TRI).
Focus: 30 companies with stable demand, less affected by economic downturns.
Defensive stocks: Companies in industries that perform well during economic instability (e.g., food, beverages, household products).
Nifty 50:
Largest stock exchange: Represented by NSE, established in 1996 (formerly CNX Nifty).
Benchmark index: Represents 50 large and active stocks on the NSE.
Sector coverage: Includes 12 sectors like finance, IT, consumer goods, etc.
