NSE's latest index lets you invest in companies following ahimsa

NSE's latest index lets you invest in companies following ahimsa

NSE Indices Limited, the index services subsidiary of the National Stock Exchange (NSE), has launched the Nifty500 Ahimsa Index.

The index tracks companies from the Nifty 500 universe whose business practices align with the principles of ahimsa or non-violence.

The move is aimed at investors looking for exposure to businesses that do not engage in activities harmful to animals or mankind.

Developed in partnership with the Ahimsagain Foundation

The Nifty500 Ahimsa Index has been developed in partnership with the Ahimsagain Foundation.

It is based on the foundation's Ahimsa Investment Movement (AIM) framework, which evaluates companies based on how well their products, services, and business practices align with ahimsa principles.

Under this framework, companies are classified into three categories: Green (aligned), Orange (moderate concerns), and Red (significant involvement in harmful activities).