Nifty equity savings index Current Affairs, GK & News

NSE’s India Index Services & Products Ltd launches Nifty equity savings index

The National Stock Exchange’s (NSEs) arm India Index Services & Products Ltd (IISL) has launched Nifty equity savings index that will serve as benchmark for equity saving funds offered by various mutual funds. The index will capture performance of portfolio having exposure to equity, equity arbitrage and debt instruments in similar way to the investment ..