FMCGs (Fast Moving Consumer Goods) are those goods and products, which are non-durable, mass consumption products, available off the shelf. The CNX FMCG Index is a 15 stock Index from the FMCG sector that trade on the National Stock Exchange.


Methodology

The CNX FMCG Index is calculated using the market capitalisation weighted aggregate method. The base period is the month of December 1995, index to a value 1000.


Selection Criteria

Selection of the index set is based on the following criteria :

1. Company's market capitalisation rank in the universe should be less than 500.



2. Company's trading frequency should be at least 90% in the last six months.



3. Company should have a minimum track record of 3 years of operations with a positive networth.



4. A company which comes out with a IPO will be eligible for inclusion in the index, if it fulfills the normal eligiblity criteria for the index for a 3 month period instead of a 6 month period.

List of CNX FMCG Index Stocks