Overview
Description
The Quantum Nifty 50 ETF is an exchange-traded fund that aims to provide investors with exposure to the top 50 companies listed on the National Stock Exchange of India by market capitalization. Its primary function is to replicate the performance of the Nifty 50 Index, a benchmark that reflects the overall health and trends of the Indian stock market. As a passive investment vehicle, the Quantum Nifty 50 ETF allows investors to partake in a diversified portfolio of large-cap companies across various sectors such as banking, information technology, energy, and consumer goods. This diversification helps in spreading risk and capturing the potential growth of leading Indian enterprises. By offering high levels of liquidity and transparency, this ETF serves individual and institutional investors seeking efficient market access and participation in the economic growth of India. The Quantum Nifty 50 ETF plays a critical role in the investment landscape as it enables investors to benefit from the collective performance of India's blue-chip companies while maintaining the ease of trading like stocks on the exchange.
About
Instrument type
ETF
Country
India
MIC code
XNSE