Index approach to several platform companies

Internet economy investing now a choice with recent fund launches

2 more were released in the last week: Mirae’s Nifty India Internet ETF that closes on June 25 and Groww’s Nifty India Internet Index ETF that closes on June 27. While BSE index will pick stocks from BSE-500, the NSE index will rely on Nifty Overall Market Index which is made up of top 750 stocks by market capitalisation to populate the index. The 2 indices have actually reported a trailing PE multiple of 108 (Clever index) and 71 (BSE index).

This was followed by index fund launches beginning with Edelweiss’ BSE Web Economy Index Fund launched in May 2025. Two more were launched in the last week: Mirae’s Nifty India Web ETF that closes on June 25 and Groww’s Nifty India Web Index ETF that closes on June 27. The indices drifted by BSE and NSE are made up of 20 stocks ‘that carry out business largely through online platforms’ and are dependent on internet for operations. While BSE index will select stocks from BSE-500, the NSE index will rely on Nifty Overall Market Index which is made up of leading 750 stocks by market capitalisation to populate the index. The 2 indices have reported a trailing PE multiple of 108 (Nifty index) and 71 (BSE index).

Kingsman | Financial Advisor

Kingsman a 35-year-old financial advisor from London, UK, epitomizes the blend of analytical prowess and personable guidance. With a decade of experience in the financial sector, Kingsman has cultivated a reputation for his strategic approach to wealth management and investment advising. His journey began at the University of Oxford, where he graduated with honours in Economics, a discipline that fueled his fascination with the financial markets and their intricacies.

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