{"id":23116,"date":"2024-05-06T11:53:32","date_gmt":"2024-05-06T06:23:32","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=23116"},"modified":"2025-10-08T11:43:49","modified_gmt":"2025-10-08T06:13:49","slug":"nifty-non-cyclical-consumer-index-fund","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/nifty-non-cyclical-consumer-index-fund\/","title":{"rendered":"What is Nifty Non-Cyclical Consumer Index Fund?"},"content":{"rendered":"<h2>About Nifty Non-Cyclical Index Fund:<\/h2>\n<ul>\n<li>It is a type of <strong>mutual fund<\/strong> that aims <strong>to generate long-term capital growth<\/strong> by <strong>investing in securities of<\/strong> the <strong>Nifty Non-Cyclical Consumer Index<\/strong> (TRI).<\/li>\n<li>This <strong>index contains 30 companies<\/strong> that are <strong>not majorly impacted by economic instability<\/strong> and <strong>are in regular demand<\/strong>, making them a good investment option during economic downturns.<\/li>\n<li>Non-cyclical stocks are <strong>also known as defensive stocks<\/strong>; these stocks<strong> outperform their industry in<\/strong> the <strong>stock market despiteeconomic instability<\/strong>.\u00a0<\/li>\n<li>They are <strong>not affected by cyclical changes<\/strong> and are <strong>in constant demand<\/strong> due to the everyday needs of consumers, such as food, water, and other utilities.<\/li>\n<\/ul>\n<p><strong>Key Facts about NIFTY:<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/vajiramandravi.com\/current-affairs\/nifty\/\" target=\"_blank\">NIFTY<\/a> is a <strong>market index <\/strong>introduced <strong>by the National Stock Exchange (NSE),India&#8217;s largest<\/strong> stock exchange.<\/li>\n<li>It is a blended word: National Stock Exchange and Fifty coined by the NSE.<\/li>\n<li>Nifty was established in 1996 with the name CNX Nifty. Further, in 2015, it was renamed Nifty 50.<\/li>\n<li><strong>NIFTY 50<\/strong> is a <strong>benchmark-based index<\/strong> and also the <strong>flagship of NSE.<\/strong><\/li>\n<li>It represents the <strong>performance of the 50 largestand most actively traded<\/strong> stocks listed on the NSE.<\/li>\n<li>It includes stocks of companies <strong>from 12 sectors,<\/strong> such as financial services, information technology, consumer goods, metals, pharmaceuticals, energy, etc, and <strong>collectively represents the stock market and economic trends of India.<\/strong><\/li>\n<li>NSE <strong>ranks companies based on free-float market capitalisation<\/strong>.<\/li>\n<\/ul>\n<p>It is one of the two main stock market indices in India, the other being SENSEX, a product of the Bombay Stock Exchange (BSE).<\/p>\n<hr \/>\n<h3>Q1: What are Mutual funds?<\/h3>\n<p>Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities. They&#8217;re managed by professional fund managers or management teams who make investment decisions based on the fund&#8217;s objectives.<\/p>\n<p><strong>Source:<\/strong> <a href=\"https:\/\/economictimes.indiatimes.com\/mf\/analysis\/groww-mutual-fund-launches-nifty-non-cyclical-consumer-index-fund\/articleshow\/109780486.cms?from=mdr\" target=\"_blank\" rel=\"nofollow noopener\">Groww Mutual Fund launches Nifty Non-Cyclical Consumer Index Fund<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nifty Non-Cyclical Index Fund is a type of mutual fund that aims to generate long-term capital growth by investing in securities of the Nifty Non-Cyclical Consumer Index (TRI).<\/p>\n","protected":false},"author":5,"featured_media":23117,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-23116","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/23116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=23116"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/23116\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/23117"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=23116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=23116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=23116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}