MVIS® Digital India Index
The MVIS® Digital India Index (MVDIND) tracks the performance of the largest and most liquid digital companies in India. The index is a modified market cap-weighted index and includes pure-play exposure to Indian companies operating in the fields of technology, telecommunications, and internet applications. MVDIND covers at least 90% of the investable universe.
Key Features
Size and Liquidity Requirements |
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. |
Timescale Slider
Symbol |
IndexName |
MVDIND |
MVIS® Digital India Price Index |
MVDINDTR |
MVIS® Digital India Total Return Net Index |