India’s growth trajectory has become a focal point for global attention, drawing admiration for its remarkable economic journey. Jefferies’ latest report forecasts India to ascend to the position of the third-largest economy by 2027, propelled by consistent GDP growth, favorable geopolitics, expanding market capitalization, ongoing reforms, and a robust corporate ethos. Over the past decade, India has demonstrated impressive resilience, with its GDP soaring at a 7 percent CAGR in USD terms, surging from the eighth to the fifth-largest economy globally. Forecasts suggest India’s GDP could reach $5 trillion within the next four years, surpassing Japan and Germany. This meteoric rise is underpinned by demographic dividends, strengthened institutional frameworks, and enhanced governance.
And to participate and invest in the emerging themes of India we at Tata AMC launched 6 Index Funds replicating various Nifty sectoral/Thematic Indices across Manufacturing, Infrastructure, Realty, Healthcare, Auto and Financial services.
Two of them are new Indices – Nifty500 Multicap Infrastructure 50:30:20 and Nifty500 Multicap India Manufacturing Index - co created by us along with NSE.
We are launching the first index fund to replicate Nifty Midsmall Healthcare Index.
The details of the funds are as under :
- Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund
- Tata Nifty500 Multicap India Manufacturing 50:30:20 Index Fund
- Tata Nifty Midsmall healthcare Index Fund
- Tata Nifty Realty Index Fund
- Tata Nifty Financial Services Index Fund
- Tata Nifty Auto Index Fund
