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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 May 2009


Infra40 Index Returns
Last Month 32.77%
Last Quarter 61.12%
Last Year -1.36%
Since Inception -5.48%
Annual Statistical Results (Benchmark : Sensex)
Index Alpha 0.03566
Index Beta 0.8732
R-Squared 0.9367
Standard Deviation 2.8011
Mean 0.0375

 




 

 

 

 

 












Index Data Sheet

Ask Us
FINDX Infra40 is a thematic index covering Indian Infrastructure sector stocks listed in Indian Stock Markets. This index is being calculated since 1st April 2008, with a base value of 1000.

 

FINDX Infra40 is a 40-stock index. The constituents are selected from around 200 best performing companies in infrastructure space covering sub-sectors such as Power, Telecom, Construction, Oil & Gas, Metals and Mining, Finance, Engineering, Shipping and Transport. As in other indices in the FINDX family, chosen constituents undergo a thorough test of financials and a unique Performance Value is assigned to them which represents their weightage in the index. There is a liquidity check run to ensure removal of eligible but highly illiquid stocks as index constituents.

 

The index is reviewed every year on 30th September, though all quarterly reports of constituents are carefully analyzed to ensure their continued representation. Below are top 5 constituents of the index based on their weightage as on 31st May 2009.

 

Top 5 Constituents
Oil & Natural Gas Corporation
State Bank of India
Reliance Industries
Bharat Petroleum
National Thermal Power Corporation

 

This index is underweight on Real Estate companies since the financial performance of these companies has been below par in the year of index computing. Care has been taken to provide representation to best performing stocks in a sub-sector while adhering to overall weightage and number of stocks in a sector.

 

 

As on 31st May 2009, the Top 10 stocks in the Index constituted 49.43% of total weight while Bottom 10 stocks in the Index constituted 9.8% of total weight.
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