Yes, equity index funds are safe as they invest in equity indexes such as Nifty 50 or Sensex in the same proportion as the index. Equity index funds are passively managed and replicate the performance of the index.
Equity index funds are suitable for investors new to the stock markets and seeking cost-effective and relatively safer investment options. Equity funds invest in stocks, therefore, have high risk and require a long investment term.
Yes, you can withdraw money anytime from equity index funds by placing a redemption request. The funds are credited to your account in 3-4 business days.
Yes, equity index funds are suitable for long-term investors as these funds replicate the index and deliver predictable returns with lower risk compared to actively managed equity funds.
You can start investing in equity index funds with an amount as low as Rs. 10.