Prime Vantage
Investing

Heavy-lifting giants of Nifty 50 and how fund managers are forced to ‘miss the bus’

Heavy-lifting giants of Nifty 50 and how fund managers are forced to ‘miss the bus’
Getty Images

Synopsis

Nifty 50’s top 10 stocks are moving faster and creating wealth like never before. They account for 58% of the market cap of the Nifty 50. But this concentration of the index can hamper fund managers from taking big positions as a fund is not allowed to invest more than 10% of its entire asset in one company.

By &
4 mins read, Last Updated:
Rakesh Jhunjhunwala and Prashant Jain did not have much in common. But both of them were long-term bullish on the Indian economy and at the same time they liked to take concentrated positions. Jain was of course restricted as he was handling public money as a fund manager which came under Sebi’s regulation. But interestingly, the index itself is concentrated over the last decade or so where few stocks, the heavy-lifting giants, are delivering

To Read the Full Story, Become an ET Prime Member

Access the exclusive Economic Times stories, Editorial and Expert opinion

Subscribe Now

Monsoon Offer

Get flat 20% off

on ETPrime membership

Membership Benefits

Access the exclusive Economic Times

Stories, Editorial & Expert opinion

Complete Access with ET Prime

Experience your Economic Times newspaper, The way you've always liked!

Get to know where the market gurus invest & grow your portfolio.

Stock Report Plus

In-depth stock analysis for 4000+ companies

Stock Analyzer

Instant stock analysis based on Solvency, Profitability, Growth, Valuation, Momentum, Risk & More.

Now Available with ET Prime

Manage your money efficiently with this weekly guide.

Clean experience

with minimal ads

Easy & distraction-free reading with 90% less ads

Sharp Insight-rich,

In-depth stories across 20+ sectors

1500+ Exclusive stories & analysis across sectors to help you stay informed

Get One Year Times Prime Subscription worth ₹1199 for free

Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-

Enjoy unlimited access to breaking news and thought provoking stories from all around the world.

Get One Year Docubay Subscription worth ₹999 for free

Stream award-winning international documentaries from more than 100 countries.

Offers By Our Partners

Exclusively for ET Prime Members

Members Love Us

The stalwarts of the industry trust ET Prime for insightful analysis & unbiased thought pieces

Gift a story

Your membership includes Story Gifting Credits. Now gift exclusive stories to your friends & peers.

Comment & Engage

with ET Prime community

Communicate & build a connection with great minds of the industry

A trusted team of

Journalists & Analysts

Unbiased perspective & detailed reporting by our team of journalists who have in-depth knowledge and years of experience