LIX 15 will be launched by NSE on 8th July, 2013 (monday)

LIX 15 will be launched by NSE on 8th July, 2013 (monday)

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%.

Market Representation

• As on July 01, 2013 the index comprised stocks from 9 different industries.
• The total traded value for the last six months ending June 2013 of all index constituents is approximately 22% of the traded value of all stocks in the Cash Segment and 34% of all the stocks in F&O segment on NSE.

Constituents weightage as on July 01, 2013
Company’s Name
Weight
State Bank of India
12.94%
Tata Motors Ltd.
12.92%
Axis Bank Ltd.
12.77%
United Spirits Ltd.
8.64%
Maruti Suzuki India Ltd.
7.94%
Tata Steel Ltd.
7.00%
Cairn India Ltd.
6.49%
IDFC Ltd.
5.99%
Hindalco Industries Ltd.
4.90%
Yes Bank Ltd.
4.69%
Bank of Baroda
4.15%
Reliance Communications Ltd.
3.29%
Jindal Steel & Power Ltd.
3.20%
Jaiprakash Associates Ltd.
2.56%
JSW Steel Ltd.
2.52%

Company Name	Industry	Symbol
Axis Bank Ltd.	BANKS	AXISBANK
Bank of Baroda	BANKS	BANKBARODA
Cairn India Ltd.	OIL EXPLORATION/PRODUCTION	CAIRN
Hindalco Industries Ltd.	ALUMINIUM	HINDALCO
IDFC Ltd.	FINANCIAL INSTITUTION	IDFC
Jindal Steel & Power Ltd.	STEEL AND STEEL PRODUCTS	JINDALSTEL
Jaiprakash Associates Ltd.	CONSTRUCTION	JPASSOCIAT
JSW Steel Ltd.	STEEL AND STEEL PRODUCTS	JSWSTEEL
Maruti Suzuki India Ltd.	AUTOMOBILES - 4 WHEELERS	MARUTI
United Spirits Ltd.	BREW/DISTILLERIES	MCDOWELL-N
Reliance Communications Ltd.	TELECOMMUNICATION - SERVICES	RCOM
State Bank of India	BANKS	SBIN
Tata Motors Ltd.	AUTOMOBILES - 4 WHEELERS	TATAMOTORS
Tata Steel Ltd.	STEEL AND STEEL PRODUCTS	TATASTEEL
Yes Bank Ltd.	BANKS	YESBANK