The National Stock Exchange of India (NSE) has introduced the Nifty500 Ahimsa Index, a new thematic benchmark designed to provide investors with exposure to companies that adhere to strict non-violence principles regarding animals.
The index, launched by NSE Indices Limited, selects constituents from the broader Nifty 500 universe based on specific ethical criteria that exclude businesses involved in animal testing, leather, fur, or other industries deemed harmful to animal welfare.
This launch marks a significant expansion in India's growing suite of ESG (Environmental, Social, and Governance) and thematic indices.
By creating a dedicated benchmark for 'Ahimsa' (non-violence), the NSE is catering to a niche but expanding segment of investors who prioritize ethical consumption and corporate responsibility alongside financial returns.
The index allows asset managers to create passive investment products, such as ETFs or mutual funds, that align with these specific values.
The methodology for the Nifty500 Ahimsa Index involves a rigorous screening process to ensure that included companies do not engage in activities that cause harm to animals.