S&P CNX Nifty reflects the return one would get if investment is made in the index portfolios. As Nifty is computed in real-time, it takes into account only the price movements. However, the price indices do not consider the return from dividend payments of index constituent stocks. Only the capital gains due to price movement is measured by the price index. In order to get a true picture of returns, the dividends received from the index constituent stocks also needs to be included in the index movement. Such an index, which includes the dividends received, is called the Total Returns Index.

The Total Returns Index is an index to reflect the returns on the index from index gain/loss plus dividend payments by constituent index stocks.

Methodology for Total Returns Index | Total Returns Index Values