To understand the Dollex, let us take a hypothetical situation. Assume that the Sensex was at 40,000 in January and has now grown to 50,000 in December. That is a phenomenal 25% appreciation in the Sensex and if you are an Indian investor you would be extremely happy. However, if you are a foreign portfolio investor or FPI, you also worry about the rupee/dollar...
TICKER:DOLL30
The S&P BSE Dollex 30 is the USD version of the S&P BSE SENSEX, India's most tracked bellwether index. It is designed to measure the performance of the 30 largest, most liquid and financially sound companies across key sectors of the Indian economy that are listed at BSE Ltd. BSE:DOLLEX30