Betting On The Right Index Fund

The leading equity indices underwent a notable downturn last week, largely due to a substantial 15 per cent decline in HDFC Bank following its earnings announcement. This decline significantly impacted the frontline index, which fell over two per cent, despite favourable global market trends. This situation underscores an important consideration for investors, especially those who invest in index funds. Most market cap-weighted index funds may have experienced a similar downturn. However, equal-weighted index funds could offer some relief, showing a decrease of only 1.2 per cent during the same period.