NSE INDICIES

India Index Services & Products Ltd. (IISL)

India Index Services & Products Ltd. (IISL) is a joint venture between the National Stock Exchange of India Ltd. (NSE) and CRISIL Ltd. (formerly the Credit Rating Information Services of India Limited). IISL has been formed with the objective of providing a variety of indices and index related services and products for the capital markets.

IISL has a consulting and licensing agreement with Standard and Poor's (S&P), the world's leading provider of investible equity indices, for co-branding IISL's equity indices.

IISL - Products & Services

IISL offers a wide range of products and services which are key support tools for the equity markets. We provide reliable, accurate and valuable data on indices and index related services to cater to the needs of various segments of users. Our speciality is indices based on Indian equity markets, which may be used for benchmarking, trading or research. Use of IISL data or name or indices requires a license or subscription.

Financial products on IISL Indices

IISL maintains, develops, compiles and disseminates entire gamut of equity indices. Licensing is mandatory for tracking the performance of an IISL Index. Licensing is also required for use of the name of IISL or S&P CNX or CNX or any IISL Index. Fees for licensing would vary according to the type of the product and the period.

Major Indices

S&P CNX Nifty

  CNX Nifty Junior

CNX 100

S&P CNX 500

CNX Midcap

Nifty Midcap 50

S&P CNX Defty

Other Indices

CNX Energy Index

CNX IT Index 

CNX FMCG Index

CNX Bank Index

CNX Pharma Index

  CNX Infrastructure Index

   CNX PSU BANK Index

 CNX Realty Index

CNX Service Sector Index   

S&P CNX Industry Indices

Customised Indices

  S&P CNX Nifty Shariah / S&P CNX 500 Shariah

   S&P ESG India Index

CNX MNC Index

CNX PSE Index

CNX ensures common branding of indices, to reflect the identities of both the promoters, i.e. NSE and CRISIL. Thus, 'C' stands for CRISIL, 'N' stands for NSE . The S&P prefix belongs to the US-based Standard & Poor's Financial Information Services.

CNX indices are useful for fund managers, corporates, brokers and all such enterprises connected with investments in the equity markets. These indices can be used for tracking the markets, understanding the performance of a company vis-a-vis the market, determining how an investors portfolio is performing as compared to the market, trading derivative products and most importantly for development of index based funds by mutual funds.

Data subscription

IISL provides index data on a daily, weekly or ad-hoc basis through preferred method. Data includes Index values, index constituents, historical growth trends etc. This is a paid service and the subscription charges vary depending upon the type of data sought and the period.

Customized Indices

IISL undertakes development & maintenance of customized indices for clients for tracking the performance of the client portfolio of stocks vis-à-vis objectively defined benchmarks, or for benchmarking NAV performance to customized indices. The customized indices can be sub-sets of existing indices or a completely new index viz. Sector Indices, Individual Business Group Indices, Industry Indices etc. Charges for this service vary depending on the activity performed by IISL.

Consulting

IISL provides consulting services in areas of Index Funds, Exchange-traded-fund, derivatives, Index options, alerting for rebalancing for index funds etc. This is a paid service.

Market Updates

IISL provides to specialized clients facts and figures, reports and equity market updates on regular intervals. This is a paid service.

Research

IISL undertakes research activities for its clients on matters concerning equity and derivative markets.