Asia Index unveils three new indices

Asia Index, a subsidiary of BSE Ltd, has introduced three new indices aimed at broadening investment strategies. These new indices include the BSE Sensex Sixty 65:35, BSE Sensex Sixty, and the BSE Power and Energy Index. As the share market investment landscape evolves, these indices offer fresh tools for investors to assess performance and allocate resources more effectively.

New indices for broader investment opportunities

The latest indices from the Asia Index cater to a wide range of share market investment needs. They can be used for benchmarking portfolio management strategies (PMS), mutual fund schemes, and fund portfolios. By providing diverse options, the indices are poised to serve both active and passive investors. They also offer a foundation for running passive investment strategies such as Exchange-Traded Funds (ETFs) and Index Funds.

Investors can now access a wider spectrum of market opportunities, enriching their share market investment strategies through these tools.

Understanding the indices

Each new index serves different purposes within the share market investment ecosystem. The BSE Sensex Sixty 65:35 combines the constituents of the BSE Sensex and the BSE Sensex Next 30, weighted in a 65:35 ratio. This combination allows investors to focus on both large-cap and mid-cap stocks in one index, making it an effective tool for balanced share market investments.

The BSE Sensex Sixty consists of the top companies from the BSE Sensex and BSE Sensex Next 30 based on free-float market capitalisation. This index provides a snapshot of the performance of India's leading companies, making it a popular benchmark for investors aiming to include established businesses in their share market investment portfolio.

The BSE Power and Energy Index tracks the performance of companies from the 'Energy' and 'Utility' sectors within the BSE 500. This index gives investors a focused approach to the energy sector, a critical part of India's infrastructure and growth story.

A step forward in expanding investment products

Ashutosh Singh, Managing Director and CEO of Asia Index highlighted that these launches mark a significant step toward expanding their offerings for market participants. He emphasised that the company is committed to developing more meaningful financial tools that benefit investors involved in share market investments by offering a wider range of opportunities.

These new indices are expected to serve as valuable resources for investors seeking diversification and stability in their portfolios. By targeting specific sectors and providing a balanced approach to large-cap and mid-cap investments, these indices are set to gain popularity among both institutional and retail investors looking to make informed share market investments.

Conclusion

With the launch of the BSE Sensex Sixty 65:35, BSE Sensex Sixty, and BSE Power and Energy Index, the Asia Index has made a notable contribution to the world of share market investment. These indices not only help investors benchmark and diversify their portfolios but also offer insights into the performance of key sectors and companies driving India's economy.

Incorporating these indices into their share market investment strategies can help investors achieve greater diversification, stability, and growth potential in today's dynamic market environment.