NSE Indices launched a new variant of the Nifty 50 index named Nifty 50 Net Total Return (NTR) index.
The Nifty 50 Net Total Return index aims to measure the performance of the Nifty 50 index considering that the cash dividends and the gains from bonus issues are reinvested in the Nifty 50 index after applying relevant withholding tax and capital gains tax respectively.
Nifty 50 PRI - Price Return Index - reflects the performance of the index. Current Nifty 50 PRI - 20855.
Nifty 50 TRI - Total Return Index - Nifty 50 PRI + dividends. Current Nifty TRI - 30646.
Nifty 50 NTR - Net Total Return Index - Nifty 50 TRI minus withholding tax and capital gains tax. Data to be updated.
The Nifty 50 Net Total Return index will be computed in two currencies Indian rupee (INR) and US dollar (USD).
The newly launched index will appeal to international investors looking to invest in the Indian equity market, giving a better picture of Nifty 50 real returns.