BSE launches India's first Saatvik Index to promote value-based investing

BSE Index Services, a wholly owned subsidiary of BSE, launched India's first Saatvik Index called BSE Saatvik 100, derived from BSE 500 constituents that align with ethical and value-based investing principles. The index can be used for passive investment products such as ETFs and index funds, and as a benchmark for PMS and mutual fund schemes. The financial services sector has the highest weight at 37.55 percent, with HDFC Bank, ICICI Bank, and Reliance Industries being the top individual constituents.