MSCI India Minimum Volatility Index (INR)

The MSCI India Minimum Volatility (INR) Index aims to reflect the performance characteristics of a minimum variance strategy applied to the large and mid cap India equity universe. The index is calculated by optimizing the MSCI India Index, its parent index, in INR for the lowest absolute risk (within a given set of constraints). Historically, the index has shown lower beta and volatility characteristics relative to the MSCI India Index.