“ICICI Prudential Nifty 200 Quality 30 ETF is a smart beta offering based on quality as a factor. The offering provides investors with an opportunity to diversify equity investments across various sectors and in companies having strong cash flows. The index has historically provided better dividend yield than Nifty 200 TRI and Nifty 50 TRI,” says Chintan Haria, Head Investment Strategy, ICICI Prudential AMC.
As volatility grips D-Street, investors rush back to quality stocks
Before the lockdown last year, the quality index had outperformed the Nifty 50 by 9% between mid-January and March end, a highly volatile period for equities.
Synopsis
The Nifty 200 Quality 30 index, which reflects the performance of stocks based on quality score, outperformed the Nifty 50 index by 3.3% over the past month, according to the NSE data.
ET Intelligence Group: Investors are once again favouring stocks with strong fundamentals following rising market volatility as the second wave of the pandemic affects life in several parts of the country. The Nifty 200 Quality 30 index, which reflects the performance of stocks based on quality score, outperformed the Nifty 50 index by 3.3% over the past month, according to the NSE data. Earlier over the past year, the quality stocks had