SX40 – Index of India
SX40 is the flagship Index of MSEI. A free float based index of 40 large cap - liquid stocks representing diversified sectors of the economy. SX40 is designed to measure the economic performance with better representation of various industries. The Index is devised to offer cost-effective support for investment and structured products such as index futures and option, index portfolio, exchange traded funds, Index funds, etc.
SX40 is designed to be a performance benchmark and to provide for efficient investment and risk management instrument. It would also help in structuring passive investment vehicles.
- Superior return & risk adjusted return
- A unique Index of India benchmarking global best practices of index designing
- Better Reflection of the Organised Sector in the Economy through enhanced industry representation using ICB® of FTSE
- Rule based, transparent & replicable
- Industry capping eliminates industry bias and enhances Index stability
- Lower churning rate
- Low cost for funds (MFs, ETFs)construction and maintenance
- Low tracking error for passive portfolio management (MFs, ETFs etc)
All the information on/in webpage/Advert/brochure, including, but not limited to, characters, data, charts and tables (hereinafter referred to as “information”) are properties of Metropolitan Stock Exchange of India Ltd.
(hereinafter referred to as “MSEI”) except brands names and logos if any belonging to other persons. The contents on/in webpage/Advert/brochure are solely for informational purposes. It is not intended to be used as trading advice by anybody and should not in any way be treated as a recommendation to trade. While the information in the document has been compiled from sources believed to be reliable and in good faith, recipients and audience of this document may note that the contents thereof including text, graphics, links or other items are provided without warranties of any kind. Metropolitan Stock Exchange of India Ltd.
(MSEI) expressly disclaims any warranty as to the accuracy, correctness, reliability, timeliness, merchantability or fitness for any particular purpose and shall not be liable for any damage or loss of any kind, howsoever caused as a result (direct or indirect) of the use of the information or data contained in this document. The charts and graphs may reflect hypothetical historical performance. All information presented prior to the index inception date is back-tested. Back-tested performance is not actual performance, but is hypothetical. SX-40 and the SX40 logo are proprietary trademarks of MSEI.