Mumbai, March 9 -- BSE Index Services Pvt Ltd, a wholly owned subsidiary of BSE, on Monday announced the launch of the BSE SmallCap 500 Index and four new Factor Indices based on the BSE SmallCap 500 Index universe.

The BSE SmallCap 500 Universe Factor Indices are reconstituted quarterly, have a base value of 1000, and the first value date is September 19, 2005, along with the additional screening of 90 per cent Stock Trading Frequency, BSE Index Services Pvt Ltd said in a statement.

The indices launched today include BSE Smallcap 500, BSE Smallcap 500 Quality 50, BSE Smallcap 500 Momentum 50, BSE Smallcap 500 Low Volatility 50, and BSE Smallcap 500 Enhanced Value 50.

Ashutosh Singh, MD & CEO of BSE Index Services Pvt Ltd, highlighted ...