New Delhi, March 28 -- Seeking quick gains from newcomers like Zomato and Jio Financial Services that entered the bluechip Nifty 50 index? While the initial buzz is tempting, and index inclusion adds prestige, remember: it's rarely a guaranteed golden ticket to riches.

The Nifty gets a makeover twice a year and this time, Zomato and Jio FInancial are in, while BPCL and Britannia are out. A lot of regular investors think this is a chance to make easy money. A Mint analysis reveals that over the past decade, roughly 64% of retail investors chasing similar index additions have fallen for the hype, expecting easy money from reshuffle-driven rallies. However, history also shows that quick gains do not always materialize.







On paper, the ...