Low Volatility High Dividend
Index Description
The Low Volatility India Dividend Index is a 30 stock dividend yield weighted index designed to measure the market performance of companies in India that have a high dividend yield and low beta. The index consists of securities listed on the primary exchange of India. The index was incorporated on September 21, 2007.
Charting
Index Characteristics (As of September 30, 2011)
| Number of Constituents | 30 |
| Total Market Cap (USD Mn) | 205,668 |
| Mean Market Cap (USD Mn) | 6,856 |
| Median Market Cap (USD Mn) | 1,931 |
| Largest Constituent (USD Mn) | 46,494 |
| Smallest Constituent (USD Mn) | 355 |
Industry Breakdown (As of September 30, 2011)
Top 5 Constituents (As of September 30, 2011)
| Company Name | Symbol | Industry | Weight |
|---|---|---|---|
| Oil & Natural Gas Corp Ltd | ONGC:IN | Oil, Gas & Consumable Fuels | 5.23% |
| Andhra Bank | ANDB:IN | Commercial Banks | 5.17% |
| Ashok Leyland Ltd | AL:IN | Machinery | 5.07% |
| Great Eastern Shipping Co Ltd | GESCO:IN | Oil, Gas & Consumable Fuels | 5.06% |
| Bajaj Holdings and Investment Ltd | BJHI:IN | Diversified Financial Services | 4.96% |