NSE LIX 15 Index

nse-lix-15
NSE (National Stock Exchange of India) has introduced a new index of liquid stocks, namely LIX 15. LIX 15 Index is designed to provide exposure to the liquid stocks while making the index easily replicable and tradable.

In order to make the index easily replicable and tradable, criteria’s such as minimum turnover ratio and free float market capitalization are applied while selection of stocks. The index constitutes only 15 stocks with maximum weight of single stock capped at 15%.

Some of the liquid stocks like State Bank of India, Axis Bank and Yes Bank are included in this list. You can download the complete list here LIX15 stocks  Currently, these stocks represent nine industries, 22 per cent of turnover in cash segment and 34 per cent of single stock derivatives turnover in F&O segment on NSE.