MCX ICOMDEX Energy Futures Index
Introduction:
MCX is launching India’s first MCX ICOMDEX Energy Futures Index. This index will exclusively track the performance of near-month MCX Crude Oil and Natural Gas Futures contracts, in real-time. Its key benefits are: Benchmarking of sectoral investments in energy commodities, Portfolio Diversification and Inflation Hedging.
Specifications:
The following are the specifications of the MCX ICOMDEX Energy Futures Index:
| Parameter | Value |
| Symbol | MCXENRGDEX |
| Index Type (Base Year) | Real-time Excess-Return Index |
| Name of Constituents and Weightage | For the year 2021 For the year 2021 Natural Gas – 25% |
| Index Governance | Compliant with IOSCO Standards |
| Trading Unit (1 Lot) | Rs. 125 * MCX ICOMDEX ENERGY |
| Tick Size | Rs. 1 |
| Settlement Type | Settled in Cash |
| Risk and Returns (Jan 2021 – Jun 2021) | Avg. Daily Volatility – 1.70% Returns – 51.7% |
| Returns – 51.7% | Min 10% or based on SPAN whichever is higher |
