CNX Nifty to be renamed Nifty 50

CNX 100, CNX 200, CNX 500, CNX Midcap, CNX Small-cap indices will also be renamed effective 09 November, 2015

India Index Services & Products (IISL), an NSE group company, has announced the rebranding of all the existing IISL indices, including CNX Nifty, CNX 100, CNX 200, CNX 500, CNX Mid-cap and CNX Small-cap.

All IISL indices will include 'Nifty' in the name, as Nifty has become a strong brand name among investors tracking Indian capital markets, the exchange said on Tuesday. NSE's flagship CNX Nifty Index, for instance, will be rebranded as Nifty 50. The rebranding of IISL's indices will be effective November 9, 2015.

"Over the years, Nifty 50 has become synonymous with Indian equity market both domestically and internationally. Inclusion of Nifty in the name of IISL's indices will enhance the acceptability of products linked to Nifty family worldwide," said Chitra Ramkrishna, managing director and CEO, NSE.

Nifty 50 options traded on NSE are the largest traded contract globally in equity index options category. In addition to the NSE, Nifty derivatives are also traded on Singapore Exchange, Chicago Mercantile Exchange and Osaka Exchange.  Total ETF AUM (assets under management) tracking Nifty family of indices globally (domestic and international) is $2,240 million.

As on August 31, 2015, there are six international ETFs and 11 domestic ETFs and 14 index funds based on the Nifty 50 index. Further, 18 domestic ETFs and index funds are linked to other IISL indices.

Sr. No.	Category	Existing Name	New Name
1	Broad	CNX Nifty	Nifty 50
2	Broad	CNX Nifty Junior	Nifty Next 50
3	Broad	CNX 100	Nifty 100
4	Broad	CNX 200	Nifty 200
5	Broad	CNX 500	Nifty 500
6	Broad	LIX 15	Nifty100 Liquid 15
7	Broad	LIX15 Midcap	Nifty Midcap Liquid 15
8	Broad	CNX Midcap	Nifty Midcap 100
9	Broad	Nifty Midcap 50	Nifty Midcap 50
10	Broad	CNX Smallcap	Nifty Smallcap 100
11	Sector	CNX Auto	Nifty Auto
12	Sector	CNX Bank	Nifty Bank
13	Sector	CNX Finance	Nifty Financial Services
14	Sector	CNX FMCG	Nifty FMCG
15	Sector	CNX IT	Nifty IT
16	Sector	CNX Media	Nifty Media
17	Sector	CNX Metal	Nifty Metal
18	Sector	CNX Pharma	Nifty Pharma
19	Sector	CNX PSU Bank	Nifty PSU Bank
20	Sector	CNX Realty	Nifty Realty
21	Sector	IISL CNX Industry Indices	Nifty500 Industry Indices
22	Thematic	CPSE	Nifty CPSE
23	Thematic	CNX Energy	Nifty Energy
24	Thematic	CNX Infrastructure	Nifty Infrastructure
25	Thematic	CNX Service Sector	Nifty Services Sector
26	Thematic	CNX Commodities	Nifty Commodities
27	Thematic	CNX Consumption	Nifty India Consumption
28	Thematic	CNX MNC	Nifty MNC
29	Thematic	CNX PSE	Nifty PSE
30	Thematic	CNX Nifty Shariah	Nifty50 Shariah
31	Thematic	CNX 500 Shariah	Nifty500 Shariah
32	Thematic	CNX Shariah25	Nifty Shariah 25
33	Strategy	CNX Dividend Opportunities	Nifty Dividend Opportunities 50
34	Strategy	CNX Low Volatility	Nifty Low Volatility 50
35	Strategy	CNX Alpha	Nifty Alpha 50
36	Strategy	CNX High Beta	Nifty High Beta 50
37	Strategy	NV 20	Nifty50 Value 20
38	Strategy	NI15	Nifty Growth Sectors 15
39	Strategy	CNX 100 Equal Weight	Nifty100 Equal Weight
40	Strategy	Nifty PR 1X Inverse	Nifty50 PR 1x Inverse
41	Strategy	Nifty PR 2x Leverage	Nifty50 PR 2x Leverage
42	Strategy	Nifty TR 1X Inverse	Nifty50 TR 1x Inverse
43	Strategy	Nifty TR 2X Leverage	Nifty50 TR 2x Leverage
44	Strategy	CNX Defty	Nifty50 USD
45	Strategy	CNX Nifty Dividend	Nifty50 Dividend Points
46	Strategy	NSE Quality 30	Nifty Quality 30
47	Fixed Income	GSEC10 NSE	Nifty 8-13 yr G-Sec
48	Fixed Income	GSECBM NSE	Nifty 10 yr Benchmark G-Sec
49	Fixed Income	NSE GSECBM Clean Price	Nifty 10 yr Benchmark G-Sec (Clean Price)

 
Source: NSE