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What is Nifty MNC Index Overview and Details about?

The Nifty MNC Index consists of 30 companies listed on the NSE with over 50% foreign promoter shareholding, calculated using free float market capitalization. It serves various purposes including benchmarking portfolios and launching index funds, with a total returns index variant available. The index is rebalanced semi-annually and governed by a professional team with a structured oversight process.

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