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NSE Indices Committees


Index Maintenance plays a crucial role in ensuring stability of the Index as well as in meeting its objective of being a consistent benchmark of the equity markets.

NSE Indices has constituted an Index Policy Committee - Equity and Index Policy Committee - Debt, which is involved in policy and guidelines for managing the NIFTY equity and fixed income indices respectively. The Index Maintenance Sub-committee takes all decisions on addition/ deletion of companies in any Index.

Index Advisory Committee (Equity)

Sr.No. Name & Designation Company
1. Mr. A. Balasubramaniam 
Chief Executive Officer
Aditya Birla Sun Life AMC Ltd.
2. Mr. A. K. Sridhar
Chief Investment Officer
IndiaFirst Life Insurance Company Ltd.
3. Mr. Milind Barve
Managing Director
HDFC AMC Ltd.
4. Mr. Mukesh Agarwal
Chief Executive Officer
NSE Indices Ltd.
5. Mr. Navneet Munot
Executive Director & CIO
SBI Fund Management Pvt. Ltd.
6. Mr. Nilesh Shah
Managing Director
Kotak Mahindra Asset Management Co. Ltd.
7. Mr. Nimesh Shah
Managing Director & CEO
ICICI Prudential Asset Mgt. Co. Ltd.
8. Mr. Rajat Jain 
Chief Investment Officer
Principal Asset Management Company Ltd.
9. Mr. Sampath Reddy
Chief Investment Officer
Bajaj Allianz Life Insurance Company Ltd.
10. Mr. Sashi Krishnan
Chief Executive Officer
Aditya Birla Sun Life Pension Management Ltd.
11. Mr. Sundeep Sikka
Executive Director & CEO
Reliance Nippon Life Asset Mgt. Ltd.
12. Mr. Vetri Subramaniam
Group President & Head of Equity
UTI Mutual Fund

Index Maintenance Sub - Committee - Equity

Sr.No. Name & Designation Company
1. Mr. Anjan Deb Ghosh
Senior Group Vice-President
ICRA Ltd.
2. Mr. Milind Gadkari 
Chief General Manager
Credit Analysis & Research Ltd.
3. Mr. Mukesh Agarwal
Chief Executive Officer
NSE Indices Ltd.

Index Advisory Committee (Debt)

Sr.No. Name & Designation Company
1. Mr. Akhilesh Gupta
Chief Investment Officer
Reliance Nippon Life Insurance Co Ltd.
2. Mr. Amit Tripathi
CIO - Debt Investments
Reliance Nippon Life Asset Mgt Ltd.
3. Mr. Badrish Kulhalli
Head - Fixed Income
HDFC Standard Life Insurance Company Ltd.
4. Ms. Huzan Mistry
Strategic Head - New Products, NSE
National Stock Exchange of India Ltd.
5. Ms. Lakshmi Iyer
Chief Investment Officer (Debt) and Head Products
Kotak Mahindra Asset Management Co. Ltd.
6. Mr. Mukesh Agarwal
Chief Executive Officer
NSE Indices Ltd.
7. Mr. R. Sivakumar
Head - Fixed Income
Axis Asset Management Co. Ltd.
Updated on: 30/04/2020 12:00
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