Index-based products rise to top as active fund managers fail to impress clients.
In Nifty 100, Adani Transmission will replace Yes Bank, while in Nifty 500, Sterling and Wilson Solar will be added
Leading commodities such as guar seed, guar gum, soybean, chana, mustard seed, and jeera, etc, will be the index's constituents
NCDEX said it will launch tradable futures contracts on AGRIDEX on receipt of the regulator Sebi's approval
The weight of each stock in the index is based on a combination of stock's quality score
The beta index includes top-50 companies from its parent Nifty Midcap 150 Index, selected based on their 'quality scores', NSE Indices, an NSE group company, said in a statement
NSE Indices Monday said it has launched two dynamic asset allocation indices, which are designed to tactically combine equity and debt. The two indices are -- Nifty 50 & short duration debt -Dynamic P/E index and Nifty 50 & short duration debt Dynamic P/B index, NSE Indices, an NSE group company, said in a statement. Within these indices, the asset allocation between debt and equity is dynamically managed based on a model that compares the current price-earnings ratio (P/E) or price-book ratio (P/B) with historical P/E or P/B ratio of Nifty 50 in the previous seven years. "The two newly launched Nifty dynamic asset allocation indices employ a dynamic, rule-based asset allocation mechanism, designed to tactically combine equity and debt. "The unique asset allocation model alters the index's exposure to equity based on whether equity market presently appears to be relatively expensive or cheaper, thereby optimising the risk-return ratio for investors," said Mukesh Agarwal, ...