Bajaj Allianz Life Nifty 200 Alpha 30 Index Pension Fund

• Eligibility Criteria
  Minimum listing history of 1 year of stock
  
• Stock selection
  Top 30 companies with the highest Alpha The index is reconstituted on a quarterly basis
  
• Stock Universe
  Stocks from Nifty 200 index at the time of review are eligible for inclusion in the index
  
• Portfolio Weightage
  Weight of the stock in the index is based on its alpha score Stock weights are capped at the lower of 5% or 5 times the weight of the stock in the index based only on free float market capitalization
  

Key Highlights

• The index has a base date of April 01, 2005, with a base value of 1000.
  
• Index will be reconstituted quarterly in March, June, September and December using trailing 1-year price (adjusted for corporate actions) for the period ending last trading day of February, May, August and November respectively
  
• Apart from the scheduled quarterly review, additional ad-hoc reconstitution and rebalancing of the index shall be initiated in case any of the index constituents is removed from Nifty 200 due to any corporate action (scheme of arrangement, delisting etc.) or suspension by the exchange etc. and would be made effective along with the ad-hoc reconstitution of the Nifty 200
  

Performance & Risk of Nifty 200 Alpha 30 Index

Nifty 200 Alpha 30 Index has outperformed other indices by a significant margin in the long term

Despite its large-cap allocation, the Nifty 200 Alpha 30 Index has outperformed other market-cap indices (large, mid, and small-cap) by a considerable margin over the long-term (in most of the period).

Nifty 200 Alpha 30 Index has largely outperformed the broader market indices