Friends, below is the list of nifty alpha 50 stocks and the information related to these stocks. We will update this post occasionally so you can know what is happening in these stocks.
What are the criteria for Nifty Alpha 50? – The Nifty Alpha 50 Index lists the top 50 stocks that are highly diversified, i.e. all 50 stocks are from different fields, and there are very few stocks that are from a single field. The 50 stocks selected among these are scrutinized, for this their cash flow, liquidity, capital in the market, etc. are all checked.
These are the best investment companies. These companies are companies with very large capital. By investing in these funds, your risk is reduced and you remain in profit most of the time, investing in them in the long term is very beneficial.
While Nifty 50 focuses on the group of the largest companies of different sectors which reflects the performance of the national stock exchange, Nifty Alpha 50 focuses only on the growth of large-cap companies. Here, more attention is given to individual stocks than the index.
If a high alpha is greater than 0, the investment is outperforming by adjusting volatility. When your hedge fund manager talks about high alpha, it means that the fund is going to outperform the market at this time.
This index is designed in such a way that it reflects the performance of the portfolio by selecting stocks based on low volatility and alpha. Its main objective is to compete with the single factor index star cycle, where investors get to see all types of factors in one place, and that too in a single index.
Alpha tells us how badly a particular stock might perform compared to its benchmark index. On the other hand, beta indicates how volatile the stock price is compared to the market. In such a market, high alpha is always considered good.