1 month ago

NSE Launches Nifty 500 Ahimsa Index

NSE Launches Nifty 500 Ahimsa Index
Nifty 500 Ahimsa Index: What it is, which companies are included and more - BusinessToday · businesstoday.in

The Nifty 500 Ahimsa Index is a new stock index created by NSE Indices.

It includes companies that do not harm animals in their business operations.

The index has 326 stocks and is rebalanced twice a year.

It is designed to help investors choose ethical investment options that consider animal welfare.

The index is based on the Ahimsa Investment Movement (AIM) framework, which evaluates companies on their products, services, and business practices.

The top companies in the index include Bharti Airtel, Infosys, and Mahindra & Mahindra Ltd.

The index aims to encourage the development of ethical investment products like ETFs and index funds.

Key facts

Index Name
Nifty 500 Ahimsa Index
Launched By
NSE Indices
Number of Stocks
326
Rebalancing Frequency
Semi-annually (March and September)
Weighting Basis
Free-float market capitalisation
Collaboration
Ahimsa Investment Movement (AIM) framework
Top Constituents
Bharti Airtel, Infosys, Mahindra & Mahindra Ltd, Tata Consultancy Services, Maruti Suzuki India, NTPC, BSE, Tata Steel, Hindalco Industries, Adani Ports and Special Economic Zone

Quotes

NSE Indices

Subsidiary of the National Stock Exchange

““Nifty500 Ahimsa Index will be attractive to investors who wish to invest in stocks of companies that do not engage in activities that harm animals,””
indianexpress.com

Sources

Related news