Latest news with #BSE1000Index
Hans India
5 days ago
- Business
- Hans India
BSE rolls out Defence Index
New Delhi: BSE Index Services, an arm of stock exchange BSE, on Wednesday announced the launch of defence index to track the performance of those stocks representing the theme. 'The defence sector in India is undergoing a transformative phase, driven by policy reforms, increased budgetary allocations, and a rising emphasis on indigenous manufacturing. The BSE India Defence Index offers investors a transparent, rules-based, and investable benchmark to capture this growth story,' BSE Index Services MD & CEO Ashutosh Singh said. The BSE India Defence Index is derived from the constituents of BSE 1000 Index, and reconstituted semi-annually in June and December. This new index can be used for running passive strategies such as ETFs and Index Funds as well as gauging the performance of the defence sector in India, BSE Index Services said in a statement. It can also be used for benchmarking PMS strategies, mutual fund schemes and fund portfolios.
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Business Standard
5 days ago
- Business
- Business Standard
BSE Index Services launches defence index with semi-annual reconstitution
The BSE India Defence Index is derived from the constituents of BSE 1000 Index, and reconstituted semi-annually in June and December Press Trust of India New Delhi BSE Index Services, an arm of stock exchange BSE, on Wednesday announced the launch of defence index to track the performance of those stocks representing the theme. The BSE India Defence Index is derived from the constituents of BSE 1000 Index, and reconstituted semi-annually in June and December. This new index can be used for running passive strategies such as ETFs and Index Funds as well as gauging the performance of the defence sector in India, BSE Index Services said in a statement. It can also be used for benchmarking PMS strategies, mutual fund schemes and fund portfolios. "The defence sector in India is undergoing a transformative phase, driven by policy reforms, increased budgetary allocations, and a rising emphasis on indigenous manufacturing. The BSE India Defence Index offers investors a transparent, rules-based, and investable benchmark to capture this growth story," BSE Index Services MD & CEO Ashutosh Singh said. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
News18
5 days ago
- Business
- News18
BSE Index Services launches defence index
Agency: PTI Last Updated: New Delhi, Aug 13 (PTI) BSE Index Services, an arm of stock exchange BSE, on Wednesday announced the launch of defence index to track the performance of those stocks representing the theme. The BSE India Defence Index is derived from the constituents of BSE 1000 Index, and reconstituted semi-annually in June and December. This new index can be used for running passive strategies such as ETFs and Index Funds as well as gauging the performance of the defence sector in India, BSE Index Services said in a statement. It can also be used for benchmarking PMS strategies, mutual fund schemes and fund portfolios. 'The defence sector in India is undergoing a transformative phase, driven by policy reforms, increased budgetary allocations, and a rising emphasis on indigenous manufacturing. The BSE India Defence Index offers investors a transparent, rules-based, and investable benchmark to capture this growth story," BSE Index Services MD & CEO Ashutosh Singh said. PTI SP SHW view comments First Published: August 13, 2025, 18:30 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Business Standard
11-07-2025
- Business
- Business Standard
BSE launches Insurance Index to track sector performance
The BSE, through its wholly owned subsidiary Asia Index, has unveiled a new sectoral benchmark, the BSE Insurance Index, offering investors and fund managers a focused tool to track the performance of India's listed insurance companies. This index draws its constituents from the BSE 1000 Index, including only those stocks classified under the insurance industry. It uses a free-float adjusted market capitalization weighting method, with a cap of 25% per stock to ensure diversified exposure and prevent concentration risks. Launched with a base value of 1000, the index is backdated to start from 18 June 2018. It currently comprises 12 insurance companies and is set to be reconstituted semi-annually in June and December, mirroring global best practices in index maintenance. Some of the top-weighted stocks in the index include HDFC Life Insurance (25.19%) and SBI Life Insurance (23.81%). Other notable constituents are ICICI Lombard General Insurance (13.95%), Max Financial Services (12.44%), ICICI Prudential Life Insurance (7.37%), and LIC (5.30%). Performance-wise, the index has shown impressive returns. As of 30 June 2025, it has delivered a 1-year total return of 21.92%. The 3-year and 5-year annualized returns stand at 18.05% and 12.68% respectively, while the since-inception annualized return clocks in at 9.37%. According to BSE, the index is tailor-made for passive investment strategies such as ETFs and Index Funds, and also serves as a robust benchmark for PMS, mutual funds, and actively managed portfolios with exposure to the insurance space.
