| NASDAQ (NMS) Exchange | US Country |
The fund aims to achieve investment outcomes that align closely with the performance of the Nifty 500 Index, which serves as its Underlying Index. This strategic approach is focused on delivering results that mirror the index's performance prior to any fees and expenses, thereby allowing investors to gain exposure to a diversified portfolio that encapsulates the top 500 companies in the Indian market, as represented by the Nifty 500 Index. By doing so, the fund provides a streamlined and efficient investment vehicle for individuals and institutions looking to participate in the growth of India's leading firms while mitigating the risks associated with active management.