"Regrettable": President Ramaphosa on Trump's decision not to invite South Africa to 2026 G20 Summit

South African President Cyril Ramaphosa called the action by the United States regrettable on not inviting South Africa for the G20 Summit 2026 which will take place in Miami next year. He said that despite the efforts and numerous attempts by President Ramaphosa and his administration to reset the diplomatic relationship with the US, President Trump continues to apply punitive measures against South Africa based on misinformation and distortions about our country. Calling the Summit hosted by South Africa this year as one of the most successful summits, he said, "The summit produced a declaration that affirmed the indisputable strength and value of multilateralism in response to the most pressing challenges facing the world." Addressing the remarks by Trump, President Ramaphosa said, "South Africa will continue to participate as a full, active and constructive member of the G20. We call on members of the G20 to reaffirm its continued operation in the spirit of multilateralism, based on consensus, with all members participating on an equal footing in all of its structures. It is regrettable that despite the efforts and numerous attempts by President Ramaphosa and his administration to reset the diplomatic relationship with the US, President Trump continues to apply punitive measures against South Africa based on misinformation and distortions about our country." He added, "Its G20 membership is at the behest of all other members. South Africa is a sovereign constitutional democratic country and does not appreciate insults from another country about its membership and worth in participating in global platforms. South Africa respects the sovereignty of all countries and will never insult or demean another country or its standing and worthiness in the community of nations." The South African President said in the post that as the United States was not present at the summit, instruments of the G20 Presidency were duly handed over to a US Embassy official at the Headquarters of South Africa's Department of International Relations and Cooperation. "As one of the founding members of the G20, South Africa has always valued the spirit of consensus, collaboration and partnership that defines the G20 as the premier forum for international economic cooperation. In keeping with this approach, the United States was expected to participate in all the meetings of the G20 during South Africa's Presidency but unfortunately, it elected not to attend the G20 Leaders Summit in Johannesburg out of its own volition." He appreciated the participation by US entities such as businesses and civil society organisations in large numbers in G20 related activities such as the B20 and the G20 Social. Earlier, US President Donald Trump has said that South Africa will not be invited to the 2026 G20 Summit in Miami, announcing the decision while sharply criticising the South African government over what he described as "horrific Human Rights abuses." In a post on his social media handle "Truth Social,' Trump wrote, "the United States did not attend the G20 in South Africa because the South African Government refuses to acknowledge or address the horrific Human rights abuses endured by Afrikaners and other descendants of Dutch, French, and German settlers." "To put it more bluntly, they are killing white people and randomly allowing their farms to be taken from them," he added. Trump also criticised major US media outlets for not reporting on the issue. "Perhaps, worst of all, the soon to be out of business New York Times and the Fake News Media won't issue a word against this genocide. That's why all the Liars and Pretenders of the Radical Left Media are going out of business!" he said. "At the conclusion of the G20, South Africa refused to hand off the G20 Presidency to a Senior Representative from our US Embassy, who attended the Closing Ceremony. Therefore, at my direction, South Africa will NOT be receiving an invitation to the 2026 G20, which will be hosted in the Great City of Miami, Florida, next year," he added. Announcing further steps, Trump added that the US would halt financial contributions to South Africa. "South Africa has demonstrated to the world that they are not a country worthy of membership anywhere, and we are going to stop all payments and subsidies to them, effective immediately," he said.To understand the market movements, investors study market indices such as the NIFTY 100, NIFTY 500, and other broad indices. These benchmarks help investors explore how their portfolios are performing in comparison to the wider market. There are many mutual funds and investment products that are also designed to track these well-known indices, making them important tools for beginners and experienced investors. By studying these indices, investors gets a clear understanding of market trends and sector behaviour. This article explains the meaning of Nifty 100 index funds, how they work, and a lot more.

Understanding the Nifty 100 Index Fund

The index fund monitors the Nifty 100 index performance. This index is made up of large-cap companies that are leaders in their respective industries. This index fund is passively managed. This means the investors aim for the fund to perform the same as the index rather than attempting to pick out top stocks and actively manage the fund. Investors considering options like the Axis Nifty 100 index fund can gain from this simple, transparent approach to long-term wealth building.

How Nifty 100 Index Fund Works?

Below is a guide on how Nifty 100 index fund works.

The Fund Tracks the Nifty 100 Index

Nifty 100 index has 100 large and mid-sized companies. The index fund simply follow this list and does not make its own stock choices.

The Fund Buys the Same 100 Stocks

Whatever companies are present in the Nifty 100, the fund also buys them. It keeps all 100 stocks so that the portfolio mirrors the index.

Capital is Invested in the Same Proportion

The index gives each company a weight based on its market size. The fund copies the same weight. For example: If Axis bank is 7% of the index then the fund invests 7% of its capital in Axis bank. This helps the fund match the index's performance.

Automatic Adjustments When the Index Changes

Twice a year, the Nifty 100 Index is updated. Some companies may be added, and some may be removed. The index fund also updates its portfolio accordingly:

It sells companies removed from the index

It buys companies added to the index

This ensures the fund always stays identical to the index.

No Active Stock Picking

The fund manager does not try to outperform the market. There is no prediction, no guessing, and no active buying and selling. The fund's only goal is to match the return of the Nifty 100 index as closely as possible.

Tracking Error is Kept Low

Sometimes a small difference appears between the fund return and index return. This is called tracking error. The fund manager tries to keep this difference as small as possible by:

Rebalancing on time

Managing cash efficiently

Keeping costs low

Benefits of Investing in Nifty 100 Index Fund

The nifty 100 index funds offer several benefits, some of them are listed below:

Diversification: Nifty 100 index fund majorly features sectors such as technology, finance, health care, and consumer goods. This diversification reduces the risk associated with investment in a single company or sector.

Cost-Effective: Since it is passively managed, the costs involved in a Nifty 100 index fund are generally lower than those for actively managed funds. Lower fees mean more of your capital stays invested.

Simplicity: Investment in a Nifty 100 index fund is simple. You do not have to search for individual stocks or monitor market trends. The fund does that for you by tracking the index.

Long-term Growth: It is well known that equity markets are likely to go up in the long term. By investing in a Nifty 100 index fund, you position yourself to benefit from this growth.

Accessibility: Most financial firms have made it easy to invest in a Nifty 100 index fund, which has conveniently facilitated novice and seasoned investors.

Transparency: Index funds are transparent in their operations. Investors can easily track the performance of the Nifty 100 index and see how their fund is performing in comparison.

What to Consider Before Investing

While a Nifty 100 Index Fund offers several advantages, it is important to assess your financial goals and risk tolerance before investing. Equity markets can experience fluctuations, and your investment may face short-term volatility. A long-term perspective is essential for building stable growth through index funds. Investors who plan to invest regularly, especially through a reliable SIP app, should ensure that their contributions align with their overall financial objectives and comfort with market ups and downs.

A Nifty 100 index fund provides investors with a simple and disciplined way to participate in the performance of India's top 100 companies. By replicating the index and maintaining low costs, it offers a transparent path to long-term wealth creation. The fund eliminates the need for active stock selection and allows investors to benefit from broad market growth over time. With consistent contributions, whether made directly or through a trusted SIP app, investors may build a diversified equity portfolio. For those seeking a straightforward and cost-effective entry into equity investing, a Nifty 100 index fund stands as a reliable choice for long-term financial planning.