BSE on WebNotes

BSE 100 TRI (Total Returns Index)

Tue, 12 May 2026 00:00:00 +0000

The BSE 100 Total Returns Index (BSE 100 TRI) is the dividend-reinvested variant of the BSE 100 index, a free-float market capitalisation-weighted index of the 100 largest and most liquid companies listed on the Bombay Stock Exchange (BSE). Published by BSE Limited, India’s oldest stock exchange, the BSE 100 TRI provides a broader large-cap benchmark than the NIFTY 50 TRI, extending coverage from 50 to 100 companies while retaining a large-cap orientation. It is widely used as the primary benchmark for SEBI-categorised large-cap equity mutual fund schemes that prefer the BSE family of indices, as well as for large-and-midcap funds seeking a broader top-tier universe.

BSE 500 TRI (Total Returns Index)

Tue, 12 May 2026 00:00:00 +0000

The BSE 500 Total Returns Index (BSE 500 TRI) is the dividend-reinvested variant of the BSE 500, the broadest widely used equity index maintained by BSE Limited. Covering 500 companies across large-cap, mid-cap, and small-cap segments, the BSE 500 represents approximately 93% of total BSE-listed market capitalisation, making it a near-comprehensive proxy for the Indian equity market. Published by BSE Limited and licensed to asset management companies, the BSE 500 TRI is employed as the primary benchmark for SEBI-categorised multi-cap, flexi-cap, and broad-market equity mutual fund schemes.

BSE StAR MF

Tue, 12 May 2026 00:00:00 +0000

BSE StAR MF (Systematic Transaction and Reporting platform for Mutual Funds), operated by BSE Limited, is one of India’s largest mutual fund transaction processing platforms by order volume. The platform, accessible at bsestarmf.com and through BSE’s distributor-facing infrastructure, allows mutual fund distributors, registered investment advisers, and direct investors to place purchase, redemption, switch, and SIP transactions across participating AMCs without routing through each AMC’s individual portal.

BSE Limited, one of the two major stock exchanges in India, launched StAR MF to leverage its existing exchange membership infrastructure and settlement systems for mutual fund distribution. The platform processes transactions from AMFI-registered distributors, stockbrokers, and since the EOP framework, direct investors. As of 2024, BSE StAR MF was estimated to process tens of millions of SIP and lump-sum transactions annually, making it one of the highest-volume mutual fund transaction conduits in the country.

HDFC AMC IPO (2018)

Tue, 12 May 2026 00:00:00 +0000

The HDFC Asset Management Company Limited IPO of July 2018 was India’s first public listing of a significant asset management company, bringing to the stock market the country’s largest AMC by equity AUM and profitable fee-income franchise. Listed simultaneously on the National Stock Exchange of India and the Bombay Stock Exchange on 6 August 2018, HDFC AMC’s IPO was subscribed approximately 83 times overall and listed at a significant premium to its issue price of Rs 1,100 per share. The offering established an earnings-multiple benchmark for asset-light fund management businesses in India that influenced the subsequent valuations of the UTI AMC IPO of 2020, the Aditya Birla Sun Life AMC IPO of 2021, and Nippon India AMC’s listing.

How to buy a bond on Zerodha

Tue, 12 May 2026 00:00:00 +0000

This guide explains how to buy listed bonds and Non-Convertible Debentures (NCDs) through Zerodha’s Kite platform. The process covers the exchange-traded secondary market for bonds listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). For primary NCD applications during new issue windows, investors must follow a separate process through the electronic book mechanism on NSE or BSE; that process is not covered here. For information on buying Government Securities or T-Bills, see the dedicated guides.

How to check IPO allotment status via BSE and NSE

Tue, 12 May 2026 00:00:00 +0000

The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) both operate investor-facing portals where you can check your IPO allotment status. These portals receive the allotment feed from the registrar (typically KFin Technologies or Link Intime) and publish it within about an hour of the registrar’s basis of allotment publication. Using the exchange portals is a useful alternative when the registrar’s portal is overloaded on T+1 morning.

For the registrar-portal check (which is the authoritative source) see the registrar allotment guide. For the Zerodha Kite check see the Zerodha allotment guide.

How to fix a circuit-limit rejection on Zerodha

Tue, 12 May 2026 00:00:00 +0000

A circuit-limit rejection on Kite arises in two distinct scenarios: a market-wide trading halt triggered by a large index fall, or a per-instrument circuit breaker that limits the maximum price movement for a specific stock or contract. The resolution differs substantially between the two cases.

Understanding which type of circuit applies to your order is the essential first diagnostic step.

Conflict-of-interest disclosure. This guide is published by WebNotes Editorial Team for informational purposes only. WebNotes has no commercial relationship with Zerodha, NSE, BSE, or SEBI.

How to fix a price-band rejection on Zerodha

Tue, 12 May 2026 00:00:00 +0000

A price-band rejection on Kite occurs when the limit price you have specified in a buy or sell order falls outside the daily price range permitted by NSE or BSE for that instrument. Exchanges impose these price bands (also called circuit filters or circuit breakers) to limit extreme intraday price swings and protect market integrity.

The rejection message typically reads: “Order price is outside the allowable price band” or “Price is out of the DPR (Daily Price Range)” at the exchange level.

How to handle a freeze-quantity rejection on Zerodha

Tue, 12 May 2026 00:00:00 +0000

A freeze-quantity rejection occurs when you attempt to place a single order on Kite for a quantity that exceeds the maximum order size (the “freeze quantity” or “freeze lot”) set by NSE or BSE for that instrument. The exchange rejects such orders at the matching engine level before any fill can occur.

This is not a Zerodha-specific restriction. Both NSE and BSE define freeze quantities for individual stocks and derivatives contracts as a market-integrity safeguard to prevent erroneous bulk orders from disrupting the order book.

How to participate in an auction trade on Zerodha

Tue, 12 May 2026 00:00:00 +0000

An auction trade on NSE and BSE is a close-out mechanism triggered when a seller in the equity cash segment fails to deliver shares on the settlement due date (T+1 under the current T+1 settlement cycle). The exchange conducts a buy-in auction, where other market participants can offer the undelivered shares at a premium price, and the defaulting seller bears the penalty. Retail investors on Zerodha can be affected by auction trades in two main ways: as a buyer whose shares were not delivered (the aggrieved party), or as a holder of shares who chooses to participate in the auction by offering their shares at the auction price. The auction market reference article provides the conceptual background; this guide covers the practical steps.

How to participate in an OFS on Zerodha

Tue, 12 May 2026 00:00:00 +0000

An Offer for Sale (OFS) is a mechanism through which promoters or large existing shareholders of a listed company sell their shares to investors through the stock exchange platform, without the company issuing new shares. No fresh capital is raised by the company; the proceeds go directly to the selling shareholder.

OFS is used primarily for:

Government disinvestment of Central Public Sector Enterprises (CPSEs).
Promoters reducing their stake to comply with minimum public shareholding (MPS) norms (25% for most listed companies under SEBI LODR Regulations).
Large institutional shareholders exiting their positions.

Zerodha enables retail and non-institutional investors to bid in OFS through Kite, similar to IPO applications, and charges no brokerage on OFS transactions. This guide should be read alongside OFS on Zerodha for the full product overview.

Mutual fund vs ETF in India

Tue, 12 May 2026 00:00:00 +0000

An exchange-traded fund (ETF) and an open-ended mutual fund are both pooled investment vehicles regulated by the Securities and Exchange Board of India under the SEBI (Mutual Funds) Regulations, 1996. Both pool investor money and hold a portfolio of securities. Their key structural difference is the mechanism through which investors buy and sell units: mutual fund units are transacted directly with the AMC (or its registrar) at the day-end NAV, while ETF units are bought and sold on a stock exchange (NSE, BSE) at market prices throughout the trading session.

Mutual fund vs stock investing in India

Tue, 12 May 2026 00:00:00 +0000

Direct stock investing involves buying shares of individual companies listed on NSE or BSE through a stockbroker’s trading platform. A mutual fund is a pooled investment vehicle managed by a professional fund manager, investing the aggregated corpus across a portfolio of securities as specified in the scheme’s investment objective. Both instruments provide equity market exposure, but differ in how that exposure is structured, managed, and accessed.

Diversification

A direct equity investor who purchases shares in one or a few companies is concentrated in those specific businesses, sectors, and risks. Diversification requires purchasing multiple stocks, which demands larger capital at each share’s prevailing price.

UTI Master Index Fund (1998), India's first index fund

Tue, 12 May 2026 00:00:00 +0000

UTI Master Index Fund, launched in 1998 by the Unit Trust of India, was India’s first passive index-tracking mutual fund. Structured as an open-end scheme that replicated the composition of the BSE Sensex (the Bombay Stock Exchange’s benchmark 30-stock index), the fund offered investors proportionate exposure to India’s large-cap equity market at lower cost than active equity funds, without relying on a fund manager’s stock-selection decisions. Its launch predated the Nifty BeES ETF of December 2001 by approximately three years, making it the foundational product in the history of passive investing in India.

UTI Mutual Fund IPO (2020)

Tue, 12 May 2026 00:00:00 +0000

The UTI Asset Management Company Limited IPO of October 2020 was the initial public offering of India’s oldest and historically most prominent asset management company, bringing to public markets an institution that traced its lineage to the Unit Trust of India Act of 1963. The IPO listed UTI AMC on both the National Stock Exchange of India and the Bombay Stock Exchange on 12 October 2020, at a price of Rs 500 per share, implying a market capitalisation of approximately Rs 6,357 crore at the time of listing. The offering followed the HDFC AMC IPO of 2018, which had established a market precedent for the valuation of asset-light fund management businesses in India.

Auction market on NSE and BSE