• Indices
    • MSM Indices
     MSM Total Return Index

     

    A Brief About MSMTR Index:


    Definition

     

    MSM Total Return Index depicts the changes in performance constituent companies by reflecting the stock prices along with the reinvestment of cash dividends declared by those companies.

     

    Index Objective:

     

    MSMTR aims at allowing the investor to calculate the total return that could be gained by reinvesting the dividends it the investment portfolio.

     

    Index Methodology

     

    The Idea of the index depends on adding the amount of cash dividends declared by the company to the index at the record date, so that the index value is determined upon the amount of dividends added.

     

    Index Calculation Methodology

     

    MSM Total Return Index is a value weighted index that accounts for the free floated shares, and has a ceiling cap of 10% for each company.

     

    MSM Total Return Index Value =(Previous Day index level ∗ Market Cap"" )/(Previous Day Market Cap -Mass Dividend)

     

    Index Sample Constituents

    MSM Total Return Index sample is similar to MSM30 sample, which consists of 30 companies. Those companies are considered to be the top in the market in terms of liquidity, profitability & Market Capitalization. Index reconstitution is done once a year, specifically in July.

     

     MSM Total Return Guide

     

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