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?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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