Investing in Nifty 50 Only

I have been asked several times in the last few weeks, that where I am investing. I am investing only on Nifty 50 even though some of my stocks are at a great valuation but still I am not catching the falling knife and not averaging those. But yeah I am doing that with the Nifty 50 ETF.

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The average buy price of my Nifty 50 ETF is around 277 I.e. NiftyBees. And the current price is somewhere around Rs 271, so yeah I am 6 Rupees doen per unit but I am happy. I am happy to continue buying the ETF at the lower rate. The problem is I am not sure which sector is gonna shine in the next bull run and that's why having all the sectors is a great option as of now.

You might ask that why not any other ETF. The thing is I consider Nifty Next 5p, Nifty Midcap 150 and Nifty 500 also but I am investing in the Nifty 50 more and more so that I can get into the 1 lot of Nifty 50 to do futures and options. To do covered call for options, I have to have 1 lot and that is around 5K shares of Nifty 50. I am not 100 percent sure about the number but that's the bare minimum. So whatever amount I have extra, I try to buy the Nifty 50 ETF to have the shares for 1 lot.

And once that it done I will continue to invest in other ETF and try to have those also to 1 lot. Till then I am continuing to invest in the Nifty 50 only. And since it's going down, it's good for me to get more units.