Nifty Growth Sectors 15

NIFTY Growth Sectors 15 Index

The NIFTY Growth Sectors 15 Index exposes investors to liquid stocks from industries with high market interest. The index can be traded and replicated easily. Derivatives are traded on every index component. A single stock's weight is limited to 15%.

The 15 companies that make up the Nifty Growth Sector 15 Index are listed on the National Stock Exchange of India, where stock derivatives are traded. The index can be traded and replicated with ease. There is a 15% ceiling on the constituent weights. The weightage of the index constituent (where applicable) is capped at 15% at the time of share rebalancing, index constituent changes, and investable weight factors (IWF) changes. Such stock may see a weight increase of more than 15% in between rebalancing periods. The index's constituents adhere to the latest IRDA guidelines regarding dividend distribution, which pertains to insurance companies' investments in equity exchange-traded funds (ETFs). Index Derivatives, ETFs, structured products, benchmarking fund portfolios, and index fund launches are just a few uses for the Nifty Growth Sectors 15 Index.