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      Question

      Which mutual fund company has launched Nifty Alpha 50

      Index Fund which provides investors with a chance to invest in a well-diversified portfolio of stocks that have generated high alpha (relatively higher returns than the market) over the last one year?
      A DBS Mutual Fund Correct Answer Incorrect Answer
      B HSBC Mutual Fund Correct Answer Incorrect Answer
      C HDFC Mutual Fund Correct Answer Incorrect Answer
      D Bandhan Mutual Fund Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Bandhan Mutual Fund has launched Bandhan Nifty Alpha 50 Index Fund. It is an open-ended index scheme tracking the Nifty Alpha 50 Index, which provides investors with an opportunity to invest in a well-diversified portfolio of stocks that have generated high alpha (relatively higher returns than the market) over the last one year.

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