India, June 22 : BSE Index Services Pvt. Ltd., a wholly owned subsidiary of BSE, announced the launch of a new Index – BSE LargeMid (60:40) Stable Dividend 50. The Index measures the performance of the top 20 largest companies in BSE 100 Largecap TMC Index and top 30 largest companies in BSE 150 Midcap Index that have paid stable dividends.
The BSE LargeMid (60:40) Stable Dividend 50 Indexhas a base value of 1000, first value date is 22nd June 2015, and it is reconstituted Semi-annually in June & December.
Mr. Ashutosh Singh, MD & CEO of BSE Index Services Pvt. Ltd., highlighted the significance of the index, stating:
“We are pleased to introduce this new index, which uniquely blends the strength of India’s leading large-cap companies with the growth potential of mid-cap leaders, all anchored by a track record of stable dividend payments. By selecting top constituents from the BSE 100 LargeCap and BSE 150 MidCap universes, and applying disciplined weighting caps, the index offers balanced and diversified exposure across market segments. This launch reflects our continued commitment to delivering innovative, investor-centric benchmarks that combine income stability with long-term wealth creation.”
This new index can be used for running passive strategies such as ETFs and Index Funds. It can also be used for benchmarking of PMS strategies, MF schemes and fund portfolios. Investors can now access a broader spectrum of market opportunities, further enriching their investment strategies with this latest addition to BSE’s suite of indices.