Asset managers

NSE launches Nifty500 Equal Weight index; base date April 1, 2005

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NSE launches Nifty500 Equal Weight index; base date April 1, 2005

NSE’s index services subsidiary, NSE Indices, on Friday launched a new strategy index — Nifty500 Equal Weight — which represents an alternative weighting strategy to its parent index, the Nifty 500. It includes the same companies as the Nifty 500, however, weighed equally, an NSE press release said. The base date for the index is … Read more

Exempt state-run AIFs from oversight rules: FinMin to Sebi

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Exempt state-run AIFs from oversight rules: FinMin to Sebi

Mumbai: The finance ministry’s department of economic affairs has asked the capital markets regulator to consider providing special exemption to government-sponsored Alternative Investment Funds (AIF) from the new governance requirements, said two people privy to the development. In September, the Securities and Exchange Board of India (Sebi) had issued a new set of rules for … Read more