The National Stock Exchange (NSE) on January 28, 2026, notified regarding the launch of the Nifty SDL Apr 2031 Top 20 Equal Weight HTM Index.
NSE Indices Limited has launched a new target maturity index called the Nifty SDL Apr 2031 Top 20 Equal Weight HTM Index. The index follows a target maturity structure with maturity on April 30, 2031, and tracks the performance of a portfolio of 20 State Development Loans (SDLs) maturing between May 1, 2030, and April 30, 2031, with investments equally weighted across all constituents.
It has a base date of December 3, 2025, and a base value of 1000, and will be reviewed quarterly. The index is designed for investors seeking target maturity debt exposure and is expected to serve as a benchmark for asset managers and a reference index for passive products such as ETFs, index funds, and structured products.
