Tuesday April 11 2023

News Source: Global Exchanges

Focus: General - Global Exchanges

Type: General

Country: India

Link: https://bit.ly/3MBSL07




On 11th April 2023, NSE Indices Limited launched India’s first ever Real Estate Investment Trusts (REITs) & Infrastructure Investment Trusts (InvITs) Index – Nifty REITs & InvITs Index.

The Nifty REITs & InvITs index aims to track the performance of REITs and InvITs that are publicly listed and traded at the National Stock Exchange. The weights of securities within the index are based on their free-float market capitalization subject to a security cap of 33% each and aggregate weight of top 3 securities is capped at 72%.

The Nifty REITs & InvITs Index has a base date of July 01st, 2019, and a base value of 1000. The index will be reviewed and rebalanced on a quarterly basis.

Click on the above link for further information