NIFTY G-Sec Indices
Government of India bond indices across 6 Macaulay duration buckets, taking up to 3 liquid bonds per bucket with outstanding amount above INR 5,000 crore, weighted by amount outstanding, rebalanced monthly.
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Written up from the same chapter
- AlphaThe return a fund earned above what its beta and the benchmark say it should have earned — the slice of performance left over once the market has been given credit for its share.
- BenchmarkThe independently published index a scheme's performance is measured against, chosen to match its investment objective, asset allocation and strategy, and disclosed in the Scheme Information Document.
- Impact costThe percentage by which a market order's actual execution price degrades against the ideal price — the mid-point of the best bid and the best offer — and so the real cost of trading in size.
Where this is taught
Free preparation for NISM Series XIX-C← All terms