When it comes to passive funds, the Nifty 50-based large-cap index funds rule the roost and are the preferred choice for investors. But what about the universe beyond Nifty 50? For some time, Nifty Next 50 has been a favorite of sorts in the passive investing community. But now, there is another index that looks like a decent alternative in the beyond-Nifty 50 space. And that is the Nifty Midcap 150 index.
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