Nifty Next 50 Index!

The Nifty Next 50 Index (NN50) represents 50 companies from Nifty 100, after excluding Nifty 50 companies. NN50 stocks are emerging blue chips and over the long run, NN50 has outperformed Nifty 50. NN50 is more diversified and has lesser concentration risk across stocks and sectors than N50. It has often few mid-cap stocks as well, which typically make up 8-10% of the portfolio. Some of the top funds in this category are ICICI Pru Nifty Next 50 Index Fund and DSP NIFTY Next 50 Index Fund.