Investing in major indices such as Nifty 50 and Midcap 150 is a great and reliable way to get started with public market investing. As of July 21, 2023, these indices consisted of companies with market caps (sizes) ranging from 20,000 Cr. to 17,00,000 Cr. INR.

It is also one of the best in terms of risk-return characteristics. The Nifty 50 ETF investment provides solid stability while the Midcap150 ETF investment provides the growth component.

It is a passive form of investing achieving market-level returns. It's a good way to invest with relatively low-moderate risk exposure for equity investors.