BSE Index Services in India has launched the BSE Saatvik 100 Index to promote value-based and ethical investing.
The index is derived from the BSE 500 Index and focuses on companies aligned with “Saatvik” principles of purity, responsibility, and ethical conduct.
It has been introduced by BSE Index Services Private Limited, a wholly owned subsidiary of the Bombay Stock Exchange (BSE), India.
The index is designed for Environmental, Social, and Governance (ESG)-style investing and supports passive investment products like ETFs and index funds.
The financial services sector has the highest weight in the index, followed by the consumer discretionary and energy sectors in India.