MVIS® Digital India Index

The MVIS® Digital India Index (MVDIND) tracks the performance of the largest and most liquid digital companies in India. The index is a modified market cap-weighted index and includes pure-play exposure to Indian companies operating in the fields of technology, telecommunications, and internet applications. MVDIND covers at least 90% of the investable universe.

Country and Sector Weightings

MVIS Sector Indices are pure-play sector indices. Companies must generate at least 50% of their revenues in the target sector to be eligible for index inclusion. Country and Sector weightings are based on the weightings of all index components in a certain country or sector.

CountryComponentsWeight
India32 93.79%
Mauritius1 1.92%
Jersey1 4.30%
Total34 100.00%
SectorComponentsWeight
Energy1 8.10%
Industrials3 3.46%
Consumer Discretionary 3 5.52%
Financials3 2.26%
Information Technology18 63.56%
Communication Services6 17.11%
Total34 100.00%

Size Weightings

  • Large-Cap: companies with a market capitalisation above 6,000 mln USD
  • Mid-Cap: companies with a market capitalisation from 1,500 mln to 6,000 mln USD
  • Small-Cap: companies with a market capitalisation from 200 mln to 1,500 mln USD
  • Micro-Cap: companies with a market capitalisation up to 200 mln USD
SizeMarket CapComponentsWeight
Large-Cap629,396,891,000 USD11 65.25%
Mid-Cap63,873,955,500 USD21 32.61%
Small-Cap2,453,077,600 USD2 2.14%
Micro-Cap---
Total695,723,924,100 USD34 100.00%
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