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
India33 94.30%
Mauritius1 1.84%
Jersey1 3.86%
Total35 100.00%
SectorComponentsWeight
Energy1 10.19%
Industrials2 2.68%
Consumer Discretionary 3 5.66%
Financials3 2.33%
Information Technology20 61.05%
Communication Services6 18.09%
Total35 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-Cap629,160,487,200 USD13 67.00%
Mid-Cap50,428,654,600 USD18 29.69%
Small-Cap4,785,494,000 USD4 3.31%
Micro-Cap---
Total684,374,635,800 USD35 100.00%
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