"S & P BSE 500 - TRI index serves as a comprehensive representation of the Indian economy, The index comprises of the top 500 companies listed on the Bombay Stock Exchange, with selection based on a combination of average float‐adjusted market capitalization, average value traded, and average total market capitalization. Hence, we believe S& P BSE 500 -TRI is considered to be appropriate benchmark which would reflect the realistic comparison with the Portfolio performance."