The NSE Quality 30 index aims to reflect the performance of stocks of top 30 Quality companies chosen from the pool of 100 large and liquid companies listed on NSE.
The NSE Quality 30 index aims to reflect the performance of stocks of
top 30 Quality companies chosen from the pool of 100 large and liquid
companies listed on NSE. Quality companies are identified on the basis
of quality score which is based on high return on equity (ROE), low
debt-to-equity ratio and year-on-year growth in profit after tax (PAT)
over the last three years.
There has been an increase in demand for the strategy indices in the
Indian market which is in line with the practices in global investment
community. Apart from complimenting other strategy based IISL indices,
NSE Quality 30 Index will serve as an ideal benchmark for investors
looking to invest in companies with durable business model resulting in
sustained profits and high return on equity.
The NSE Quality 30 Index will be available for licensing for the launch
of financial products such as exchange traded fund and structured
products.
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