Investors who are looking for stable, lower-risk growth or income opportunities may find potential in India's leading business groups. These groups have a strong track record of success, which has traditionally provided a sense of security for investors.

Currently, the main way to invest in these companies is through direct stock purchases. However, there may be changes on the horizon as Tata Mutual Fund has applied for approval from the Securities and Exchange Board of India (SEBI) to launch the BSE Select Business Groups Index Fund. This new fund aims to mirror the performance of the BSE Select Business Groups index, which assesses the top 30 companies from the seven largest business groups in India. The stocks included in the fund will be selected based on free-float market capitalization from the BSE 500 index, potentially offering a diversified investment option for those interested in these prominent business groups.