Dalal Street Business - The Intelligent Indian Investor

Composition Dow Jones India Titans 30 Index

Monday, August 11, 2008

Dow Jones India Titans 30 Index is the new benchmark launched by Dwo Jones and Company. Here is a complete list of companies and their weight age in the Index. In Dow Jones Titan Index, no company has a weight age of more than 10% [i.e the cap].

You can check the composition of Dow Jones India Titan 30 Index here [PDF Document].

Difference between BSE SENSEX 30 and Dow Jones India Titans 30 Index composition:

Reliance Industries has a weightage of 15% in SENSEX while its capped at 10% in DJIT-30
NTPC, Wipro, HDFC Bank, Hindustan Unilever, Tata Power, Maruti Suzuki, Ranbaxy Labs, Grasim are Missing in Dow Jones India Titans -30
Some scrips included in DJIT-30 but are not part of the SENSEX are Cairn Energy, Essar Oil, Reliance Petroleum, Reliance Capital, Reliance Infrastructure, Reliance natural Resources, Suzlon Energy, Jindal Steel and Power, Mundra Port, Unitech and IDFC.
We personally feel that Dow Jones India Titan 30 should have excluded Essar Oil, Reliance Petroleum, Reliance Infrastructure and Reliance Natural Resources

It will be interesting to see how many Mutual Funds in India will now change their benchmark to DGIT-30 Index from BSE SENSEX.