Ankur Warikoo shares his investing journey, advice on house buying, asset allocation strategy, views on gold vs crypto, past mistakes, and investment recommendations for youngsters in a jargon-free book Make Epic Money . Warikoo also says: "Index mutual funds are an incredible way of slow money making, benefiting from compounding. "
Three index mutual funds based on the Nifty LargeMidcap 250, Nifty Smallcap 250, and Nifty Microcap 250 indices can help you build a simple portfolio of top 750 stocks with 0 overlap.
Index mutual funds create a portfolio which mirrors a market index. The securities included in the portfolio and their weights are the same as that in the index.