BSE Index Services launches 14 new sector indices based on BSE 500

New sector benchmarks offer investors wider exposure to India's equity market

BSE Index Services, a wholly owned subsidiary of BSE, has launched 14 new sector indices based on the BSE 500 universe to expand its sectoral benchmarking offerings.

The company has also renamed six existing sector indices and revised their methodologies to align them with the new sector index framework. With these additions and revisions, BSE Index Services now offers 20 sector indices covering key segments of the Indian equity market.

The 14 new indices include BSE 500 Chemicals, BSE 500 Construction, BSE 500 Construction Materials, BSE 500 Consumer Services, BSE 500 Diversified, BSE 500 FMCG, BSE 500 Financial Services, BSE 500 Healthcare, BSE 500 IT, BSE 500 Media Entertainment and Publication, BSE 500 Power, BSE 500 Services, BSE 500 Telecommunication and BSE 500 Textiles.

The six existing indices have been renamed BSE 500 Auto, BSE 500 Capital Goods, BSE 500 Consumer Durables, BSE 500 Metals, BSE 500 Oil & Gas and BSE 500 Realty.

Among the 14 newly launched indices, BSE 500 Consumer Services, BSE 500 Services and BSE 500 Power reported notable long-term total returns. As of 30 October 2026, the BSE 500 Consumer Services index delivered total returns of 10.46% over five years and 17.60% over 10 years, despite a 1-year decline of 8.99%. The BSE 500 Services index posted returns of 1.98%, 15.30% and 14.42% over one, five and 10 years, respectively. Meanwhile, the BSE 500 Power index delivered returns of 15.27% over five years and 17.58% over 10 years, while declining 2.14% over the past year. These figures represent historical total returns and are based on index data up to 30 October 2026.

According to BSE Index Services, the sector indices can be used to benchmark active investment strategies and develop passive investment products, including exchange-traded funds (ETFs) and index funds. They can also support portfolio construction and investment strategies seeking exposure to specific sectors.

Ashutosh Singh, MD and CEO of BSE Index Services, said the expanded suite would provide broader coverage of key sectors of the Indian economy and support the development of sector-focused investment products, including ETFs, index funds and portfolio management services (PMS) strategies.

BSE Index Services Pvt. Ltd., formerly known as Asia Index Pvt. Ltd., is a wholly owned subsidiary of BSE Ltd. and is responsible for calculating, publishing and maintaining a range of domestic and global market indices.

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