BSE’s wholly owned subsidiary-- BSE Index Services has launched a new Index - BSE LargeMid (60:40) Stable Dividend 50. The Index measures the performance of the top 20 largest companies in BSE 100 Largecap TMC Index and top 30 largest companies in BSE 150 Midcap Index that have paid stable dividends. The BSE LargeMid (60:40) Stable Dividend 50 Index has a base value of 1000, first value date is June 22, 2015, and it is reconstituted Semi-annually in June & December.
This new index 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.
BSE owns and operates the BSE exchange platform (formerly, the Bombay Stock Exchange), the first stock exchange in Asia, which was formed on July 9, 1875.
