NSE Indices has launched a new thematic index - Nifty IPO Index

🚨 NSE Indices has launched a new thematic index - Nifty IPO Index.

It tracks the performance of the last 100 IPOs listed on NSE. Max stock exposure is capped at 10%. The index is reviewed and reconstituted quarterly.

Fun Fact: This index has given lower return in last 5 years than Nifty 50. NSE Index Committee & the AMCs are a big cartel. Stay away.