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Latest Index Values


FINDX Value Movement
India Benchmark 2724.25 0.75
US Benchmark 965.45 0.66






 


As on 31st August 2009


US Benchmark Index Returns
Last Month 1.85%
Last Quarter 9.18%
Last Year -16.58%
Since Inception -15.94%
Annual Statistical Results (Benchmark : S&P500)
Index Alpha 0.0065
Index Beta 0.9061
R-Squared 0.9626
Standard Deviation 2.6253
Mean -0.0438

 




 

 

 

 

 












Index Data Sheet

Ask Us
FINDX US Benchmark is a composite index from US-listed corporations trading on NYSE and NASDAQ exchanges. This index is being calculated since 1st April 2008, with a base value of 1000.

 

FINDX US Benchmark is a 50-stock index. The constituents are selected from around 350 top revenue grossers listed on US Exhcnages. Similar to FINDX India Benchmark, chosen constituents undergo a thorough test of financials and a unique Performance Value is assigned to them which represents their weightage in the index, when combined with base price. Liquidity tests are also performed to facilitate easy holding onf Index Portfolio.

 

The index is reviewed every year on 31st March, though all quarterly reports of constituents are carefully analyzed to ensure their continued representation. Below are top 10 constituents of the index based on their weightage as on 31st August 2009.

 

Top 10 Constituents
Google
Exxon Mobil
International Business Machines
Chevron Corp
Wal-Mart Stores
Apple
Occidental Petroleum Corp
Lockheed Martin
Colgate-Palmolive
Johnson & Johnson

 

Banking sector is heavily under-represented in this index due to their consistent below-par performance. The same case is with Auto sector. The review on 31st march 2009 has increased weightages in Food and Beverages, Consumer Goods and Pharmaceuticals sectors.

 

As for returns, USD 100000 invested in FINDX US Benchmark index on 31st March 2008 would have returned a total of USD 84060 as on 31st August 2009. Whereas the same amount invested in S&P 500 would have returned USD 77162 and if invested in Dow Jones Industrial Average would have returned USD 77439!
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