The MarketGrader India All-Cap Growth Leaders Index consists of the 80 most fundamentally sound companies with the best prospects in India, whose shares are listed in the country’s national exchanges or in the United States. Constituents are selected based on MarketGrader’s Score, which rewards companies with strong growth characteristics and sound fundamental indicators of quality, without overpaying for their shares.
The Index's objective is to give investors access to the best compounders of growth in one of the world’s fastest growing economies.
Base Date
December 31, 2007
Publication Date
February 21, 2020
Minimum Market Cap
USD $150 million
Minimum Liquidity
3-Month Average Daily Trading Volume of USD $2 million
Weighting
The Index is free-float market cap weighted, with the total weight of any single constituent capped at 5% of the entire Index.
Geographic Exposure
India
Underlying Universe
All companies domiciled in India that have received a MarketGrader Score consistently for at least six months, whose shares are listed on the National Stock Exchange, the Bombay Stock Exchange or on U.S. national exchanges (NYSE or NASDAQ).
Ticker Symbols
MGINGROW — Price Return
MGINGRNR — Net Total Return
MGINGRTR — Gross Total Return
