New Delhi, February 11 BSE Index Services, a division of BSE, announced on Wednesday the launch of two new G-Sec indices, which can be used for implementing passive strategies such as ETFs (exchange-traded funds) and index funds.
These indices can also be used for benchmarking PMS strategies, mutual fund schemes, and fund portfolios.
"Investors can now access a wider range of market opportunities, further enhancing their investment strategies with this latest addition to BSE's index offerings," BSE Index Services said in a statement.
The two indices – the BSE 4-8-year G-Sec Index and the BSE 8-13-year G-Sec Index – are reconstituted monthly.
The BSE 4-8-year G-Sec Index and the BSE 8-13-year G-Sec Index aim to measure the performance of the top three most liquid government securities with specific maturity buckets, with a minimum outstanding issuance exceeding ₹7,500 crore.