NSE Launches Nifty G-Sec July 2033 Index

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NSE Launches Nifty G-Sec July 2033 Index

NSE Indices (formerly, India Index Services & Products Ltd), a subsidiary of NSE recently launched a new target maturity index - Nifty G-Sec July 2033. The index has been designed to track the performance of a portfolio of 4 Government securities (G-Secs) maturing during the twelve-month period ending 29 July 2033. 

The 4 securities included in the index are 7.26% GS 2033, 7.95% GS 2032, 7.26% GS 2032 and 8.32% GS 2032.  

The base value of the index is 1000 and 21 September 2023 is the base date. This simply means the index value will start from 1000, from 21 September 2023. It will follow a target maturity structure with 29 July 2033 as the maturity date.

The main aim of setting up this index is to create a benchmark for debt funds and appeal to investors looking to invest in debt portfolios with a target maturity theme.

The nearest targeted maturity G-Sec index that’s available is the Nifty G-Sec December 2026. 

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  • Om Kapde @Om Kapde
    well accivmentes
    Like 0

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