Both offerings will track the BSE Sensex Next 30 Index, which comprises companies ranked just beyond the traditional BSE Sensex constituents. These funds aim to deliver cost-efficient, rules-based access to a relatively under-represented segment within India’s large-cap equity market.
The New Fund Offer (NFO) for both products opens on May 21, 2025, and closes on June 4, 2025, with a minimum investment requirement of ₹1,000.
According to NAM India, the BSE Sensex Next 30 Index provides a well-diversified portfolio of 30 stocks across 12 sectors. On an average rolling return basis, the index has delivered about 17% returns over one year, outperforming the BSE Sensex TRI by approximately 3%. Over the past five years, the index has clocked a CAGR of approximately 26%, compared to the Sensex TRI’s of about 20%, and has yielded positive returns in nine out of the last 11 calendar years.
