InvestorQ : Which are the best options in Index funds for the investment?
Ria Roy made post

Which are the best options in Index funds for the investment?

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Mahil Khan answered.
4 months ago
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Any investment in stocks should be made basis your financial goals and risk profile. Since that isn’t available, it would be very difficult and frankly wrong, to recommend one of the three. Nifty PSU is a very selective and focused gauge- it indicates the movements of government-owned banks.

Nifty Bank reflects the movements of all lenders- including private banks. Index funds, on the other hand, allows you to choose the specific benchmark gauge you want to track. So you have the option of choosing from a variety of indices- including the Nifty50 and Sensex.

Just based on a cursory glance of the options, if you are risk-averse, you can choose to invest in an index fund that tracks a market-specific benchmark- like Nifty or Sensed. If you have a healthy risk appetite and the knowledge/skillset required to follow through with your investment, then Bank Nifty has the scope to be a good bet. Do remember to make a choice based on your financial profile rather than the current trends. 
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