BSE Factor Indices Innovate Markets

Asia Index has launched four new factor indices on an expanded universe of 500 stocks. The factors include enhanced value, volatility, momentum, and quality. The indices will be managed on a quarterly schedule to capture factor signals more effectively. Ashutosh Singh, MD and CEO of Asia Index, highlighted that factor-linked AUM has grown from 100 crore in 2019 to about 40,000 crores today, indicating a shift in investor preferences.