The modified market cap-weighted index tracks the performance of the largest and most liquid companies in India. Its unique pure-play approach expands local exposure to include non-local companies that generate at least 50% of their revenues in India. The MVIS India Index (MVIND) covers at least 90% of the investable universe. Most demanding size and liquidity screenings are applied to potential index components to ensure investability.
Full MCap of at least 150 mln USD. Three month average-daily-trading volume of at least 1 mln USD at a review and also at the previous two reviews. At least 250,000 shares traded per month over the last six months at a review and also at the previous two reviews.
Pure-Play
Index includes non-local companies.
Diversification
Company weightings are capped at 8%.
Review
Quarterly.
Index
Last Close
Open
Last
Change
Change (1Y)
Range (1Y)
2,612.08
2,612.08
-
-
79.35%
1,249.45 - 2,709.20
3,241.51
3,241.51
-
-
90.46%
1,536.29 - 3,360.09
Timescale Slider
Symbol
IndexName
MVIND
MVIS India Price Index
MVINDTR
MVIS India Total Return Net Index
NEWS & RESEARCH
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