NSE launched India’s first-ever REITs & InvITs Index

Apr 11, 2023 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00


Secretarial ComplianceThe National Stock Exchange (NSE) on April 11, 2023, launched India’s first-ever REITs & InvITs Index.

The Nifty REITs & InvITs index aims to track the performance of REITs and InvITs that are publicly listed and traded (listed and traded or not listed but permitted to trade) 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 the aggregate weight of the top 3 securities is capped at 72%. The Nifty REITs & InvITs Index has a base date of July 01, 2019, and a base value of 1000. The index will be reviewed and rebalanced on a quarterly basis.


Bookmark

Related Updates



Alternate Text

Get updates on the go on RegUpdate Mobile App.

NEW  ·  AI ASSISTANT