The BSE SmallCap 500 Universe Factor Indices are reconstituted quarterly, have a base value of 1000, and the first value date is 19th September 2005 along with the additional screening of 90% Stock Trading Frequency.
The indices launched today include:
Index | Feature | Details |
BSE Smallcap 500 | The Index is a combination of the constituents of the BSE 250 Smallcap Index and the BSE 250 Microcap Index. | Click here to know more about the index |
BSE Smallcap 500 Quality 50 | The Index measures the performance of the 50 highest quality companies in the BSE Smallcap 500 Index, based on their quality scores. | Click here to know more about the index |
BSE Smallcap 500 Momentum 50 | The Index measures the performance of the 50 companies in BSE Smallcap 500 Index that exhibit the most persistence in their relative performance, based on their momentum scores. | Click here to know more about the index |
BSE Smallcap 500 Low Volatility 50 | The Index measures the performance of the 50 least volatile companies in BSE Smallcap 500 Index. | Click here to know more about the index |
BSE Smallcap 500 Enhanced Value 50 | The Index measures the performance of the 50 companies in BSE Smallcap 500 Index with the most attractive valuations, based on their value scores. | Click here to know more about the index |
Mr. Ashutosh Singh, MD C CEO of BSE Index Services Pvt. Ltd., highlighted the significance of these indices, stating, "The launch of the BSE SmallCap 500 Universe Factor Indices marks an important expansion of our factor-based index offerings. This index family provides transparent and rules-based benchmarks designed to capture key equity factors across India's Small-Cap segment by incorporating distinct factor strategies such as Quality, Value, Momentum and Low Volatility. These indices aim to support product innovation and offer asset managers and institutional investors efficient tools to access differentiated small-cap factor exposures within the broader equity market."
These new indices can be used for running passive strategies such as ETFs and Index Funds. It can also be used for benchmarking of PMS strategies, MF schemes and fund portfolio. Investors can now access a broader spectrum of market opportunities, further enriching their investment strategies with this latest addition to BSE's suite of indices.
About BSE INDEX SERVICES PRIVATE LIMITED:BSE Index Services Private Ltd (formerly Asia Index Pvt. Ltd.) is a wholly owned subsidiary of BSE Ltd, Asia's oldest stock exchange and home to the iconic SENSEX index - a leading indicator of Indian equity market performance. BSE Index Services Pvt. Ltd aims to provide a full array of indices to global / domestic investors and calculates, publishes, and maintains a diverse family of indices.
About BSE:BSE is Asia's oldest exchange and the world's largest exchange in terms of the number of listed companies. BSE has been playing a prominent role in developing the Indian capital market and has successfully offered an efficient capital raising platform to many companies in India. The benchmark index of BSE, Sensex, is tracked by investors across the globe is also considered as a barometer for the growth of Indian Economy. BSE provides an efficient and transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, interest rate derivatives, mutual funds, stock lending and borrowing.
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