The Weight Cap for each index is set according to the number of constituents in an index. On each (semi-annual) Index Review Date weight caps are set according to following table:
|
No. of Index Constituents or Index Type |
Weight Limitation |
|
20 or more |
10% or 15% |
|
10-19 |
10% or 15% or 20% |
|
0-9 |
20% or equal weighting or no weight cap |
|
Qualitative Indices (Maala and Tel Div-20) |
Equal weighting |
Rebalance of Constituents Weights to the Weight Limitation
The constituents weights are rebalanced quarterly according to the above weight limitations.
Weight limitation rebalances may also occur during the interim between quarterly rebalances:
- On the Weekly IANS Update a given constituent's weight exceeds the weight cap by 50% or more;
- A newly-listed share is fast-tracked onto the index;
Indices Weight Limitation:
|
Index |
Weight Limitation |
|
TA-25 |
10% |
|
TA-75 |
10% |
|
TA-100 |
10% |
|
Mid-Cap-50 |
10% |
|
Mid-Cap-TA |
10% |
|
TA Composite |
10% |
|
TA BlueTech-50 |
10% |
|
TA-Technology |
10% |
|
Biomed |
10% |
|
Finance |
15% |
|
TA-Banks |
No weight cap |
|
TA-Insurance |
No weight cap |
|
Real-Estate-15 |
15% |
|
TA-Oil & Gas |
15% |
|
TA-Com |
15% |
|
Tel-Div |
Equal weighting |
|
Maala |
Equal weighting |